Waldencast SPAC
OBAGI is a leader
in the fastest growing
segment of skincare
Global skincare
market by 2025
$204bn¹
Global skincare
2021
$155bn¹
Premium
skincare 2021
$63bn¹
OBAGI
2021 revenue
$179m4
Asia Pacific
North America²
Western Europe
Latin America
Eastern Europe
Middle East
and Africa
2021 skincare market size ($bn)
$9
$6
$5
High-growth segment
with strong momentum in
post-lockdown era
Key markets
Growth of physician-dispensed
skincare bolstered by rise of
"skin-tellectual" consumers
increasingly focused on
product potency and efficacy
$26
$24
Category dynamics
~2.0x
percentage growth
for dermo-cosmetics
skincare versus
premium from
2019-20211
¹ Euromonitor International; Beauty & Personal Care, 2022ed, retail value sales, current prices, 2021 fixed ex rates; 2 Including the United States and Canada; 3 "How to Target Premium Beauty Buyers," report by Euromonitor;
4 OBAGI 2021 financial results excluding China revenues.
$84
CAGR
2021-2025
8%
6%
5%
7%
8%
9%
47%
premium buyers
versus 20% non-
premium buyers use
~8-14 skincare
products weekly³
20View entire presentation