| Product Code: ETC5668662 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, the Republic of Macedonia continued to import significant quantities of glycolic acid, with top exporting countries including China, India, Belgium, Metropolitan France, and Greece. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. Despite a strong compound annual growth rate (CAGR) of 16.31% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -22.08%. This data suggests a dynamic market for glycolic acid imports in North Macedonia, influenced by key players and changing demand trends.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Republic of Macedonia Glycolic Acid Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Glycolic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Glycolic Acid Market - Industry Life Cycle |
3.4 Republic of Macedonia Glycolic Acid Market - Porter's Five Forces |
3.5 Republic of Macedonia Glycolic Acid Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Republic of Macedonia Glycolic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Republic of Macedonia Glycolic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for skincare and cosmetic products in Republic of Macedonia |
4.2.2 Growth in the pharmaceutical industry leading to higher use of glycolic acid in formulations |
4.2.3 Rising awareness about the benefits of glycolic acid in skincare routines |
4.3 Market Restraints |
4.3.1 Stringent regulations and compliance requirements in the chemicals industry |
4.3.2 Fluctuating prices of raw materials impacting the cost of glycolic acid production |
5 Republic of Macedonia Glycolic Acid Market Trends |
6 Republic of Macedonia Glycolic Acid Market Segmentations |
6.1 Republic of Macedonia Glycolic Acid Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Glycolic Acid Market Revenues & Volume, By Cosmetic, 2021-2031F |
6.1.3 Republic of Macedonia Glycolic Acid Market Revenues & Volume, By Technical, 2021-2031F |
6.2 Republic of Macedonia Glycolic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Glycolic Acid Market Revenues & Volume, By Personal Care & Dermatology, 2021-2031F |
6.2.3 Republic of Macedonia Glycolic Acid Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Republic of Macedonia Glycolic Acid Market Revenues & Volume, By Household, 2021-2031F |
7 Republic of Macedonia Glycolic Acid Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Glycolic Acid Market Export to Major Countries |
7.2 Republic of Macedonia Glycolic Acid Market Imports from Major Countries |
8 Republic of Macedonia Glycolic Acid Market Key Performance Indicators |
8.1 Number of new skincare and cosmetic product launches containing glycolic acid |
8.2 Percentage increase in pharmaceutical formulations containing glycolic acid |
8.3 Growth in the number of skincare clinics and professionals offering glycolic acid treatments |
9 Republic of Macedonia Glycolic Acid Market - Opportunity Assessment |
9.1 Republic of Macedonia Glycolic Acid Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Republic of Macedonia Glycolic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Republic of Macedonia Glycolic Acid Market - Competitive Landscape |
10.1 Republic of Macedonia Glycolic Acid Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Glycolic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |