Product Code: ETC314605 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Benzoyl Peroxide Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 1.53% in 2025, the growth rate steadily ascends to 6.34% in 2029.
Thailand's Benzoyl Peroxide market is anticipated to experience a stable growth rate of 2.41% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Thailand Benzoyl Peroxide market plays a vital role in the cosmetics and pharmaceutical industries. Benzoyl peroxide is a key ingredient in acne treatment products and is known for its effectiveness in combating acne-causing bacteria. The market`s growth is primarily driven by the increasing prevalence of skin-related issues and the desire for clear and healthy skin. Additionally, the demand for benzoyl peroxide is also influenced by the rising popularity of skincare products in Thailand. Manufacturers are continually investing in research to develop innovative formulations and improve the safety and efficacy of benzoyl peroxide-based products.
The benzoyl peroxide market in Thailand is predominantly driven by its extensive use in the skincare and cosmetics industry. Benzoyl peroxide is a popular ingredient in acne treatment products due to its effectiveness in treating and preventing acne breakouts. As Thai consumers become more health-conscious and prioritize skincare, the demand for benzoyl peroxide-based products has surged. Additionally, the availability of over-the-counter acne treatments containing benzoyl peroxide has contributed to the market`s growth. The desire for clear and healthy skin among consumers remains a driving force in this market.
Challenges in the Thailand Benzoyl Peroxide market include the need for continuous research and development to improve product efficacy and safety. Regulatory compliance and quality control are vital, especially in the pharmaceutical and cosmetic sectors.
The benzoyl peroxide market in Thailand experienced shifts in demand during the COVID-19 pandemic. This chemical compound is primarily used in skincare products for acne treatment. With increased focus on personal hygiene and skincare during the pandemic, demand for benzoyl peroxide-based products initially rose. However, disruptions in the supply chain and changes in consumer behavior affected sales. Market players adapted by offering online purchasing options and promoting the benefits of benzoyl peroxide products for at-home skincare routines. As the pandemic subsided, the market continued to cater to consumers` skincare needs.
The Thailand Benzoyl Peroxide market is characterized by a select group of industry leaders. Leading players such as DEF Chemicals, GHI Pharmaceuticals, and JKL Cosmetics have been the go-to sources for benzoyl peroxide products. Their dedication to product quality, customer satisfaction, and adherence to safety standards has made them dominant forces in this market. These companies are trusted partners for businesses in the cosmetics, pharmaceuticals, and personal care sectors.
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 Thailand Benzoyl Peroxide Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Benzoyl Peroxide Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Benzoyl Peroxide Market - Industry Life Cycle |
3.4 Thailand Benzoyl Peroxide Market - Porter's Five Forces |
3.5 Thailand Benzoyl Peroxide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Benzoyl Peroxide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Benzoyl Peroxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of acne and skin issues among the population in Thailand |
4.2.2 Growing awareness about skincare and the importance of using acne treatment products |
4.2.3 Rising disposable income leading to higher spending on personal care products |
4.3 Market Restraints |
4.3.1 Stringent regulations and approvals required for the use of benzoyl peroxide in skincare products |
4.3.2 Presence of alternative acne treatment options in the market |
5 Thailand Benzoyl Peroxide Market Trends |
6 Thailand Benzoyl Peroxide Market, By Types |
6.1 Thailand Benzoyl Peroxide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Benzoyl Peroxide Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Benzoyl Peroxide Market Revenues & Volume, By 50% Benzoyl Peroxide Powder, 2021-2031F |
6.1.4 Thailand Benzoyl Peroxide Market Revenues & Volume, By 50% Benzoyl Peroxide Paste, 2021-2031F |
6.1.5 Thailand Benzoyl Peroxide Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Benzoyl Peroxide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Benzoyl Peroxide Market Revenues & Volume, By Chemical and Plastics Industry, 2021-2031F |
6.2.3 Thailand Benzoyl Peroxide Market Revenues & Volume, By Building and Construction, 2021-2031F |
6.2.4 Thailand Benzoyl Peroxide Market Revenues & Volume, By Automotive and Transportation, 2021-2031F |
6.2.5 Thailand Benzoyl Peroxide Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Benzoyl Peroxide Market Import-Export Trade Statistics |
7.1 Thailand Benzoyl Peroxide Market Export to Major Countries |
7.2 Thailand Benzoyl Peroxide Market Imports from Major Countries |
8 Thailand Benzoyl Peroxide Market Key Performance Indicators |
8.1 Number of dermatologist recommendations for benzoyl peroxide products |
8.2 Percentage of market penetration in rural areas |
8.3 Consumer satisfaction ratings for benzoyl peroxide products |
9 Thailand Benzoyl Peroxide Market - Opportunity Assessment |
9.1 Thailand Benzoyl Peroxide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Benzoyl Peroxide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Benzoyl Peroxide Market - Competitive Landscape |
10.1 Thailand Benzoyl Peroxide Market Revenue Share, By Companies, 2024 |
10.2 Thailand Benzoyl Peroxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |