Dreams involving skin and its condition can often reflect feelings of vulnerability and exposure. In your case, the skincare product may symbolize your desire for self-improvement or a fresh start. However, the peeling skin and holes could represent underlying fears or anxieties about revealing your true self or insecurities that you may be facing in your waking life.

Trypophobia, your specific fear of holes, appearing in your dream suggests that there may be something in your life that is causing you discomfort or distress. This could be related to situations where you feel exposed or judged, or it could indicate a fear of change and the unknown aspects that come with it.

Consider reflecting on areas in your life where you might feel vulnerable or anxious. It might be helpful to confront these feelings in a constructive way, perhaps by discussing them with someone you trust or finding healthy outlets for your emotions. Understanding the root of your fears can be an important step toward addressing them.