Are you aware of the remarkable growth rate of the global market for skin boosters? When it comes to enhancing their skin’s overall appearance, moisture, and texture, people are choosing non-surgical cosmetic procedures more often.
Due to dermatological advances, hyaluronic acid and essential nutrient skin boosters are becoming popular minimally invasive treatments. These treatments are becoming a top choice for individuals looking for effective yet subtle skin enhancements.
Breakdown of the market
The market for skin boosters has been growing steadily due to increasing awareness and emphasis on skincare and beauty standards. According to recent projections, the market size was valued at US$ 985.15 billion in 2022 and is expected to reach US$ 2157.42 billion by 2031.
The market will also see a boom, with a compound annual growth rate (CAGR) of 9.1 per cent from 2024 to 2031. This indicates a significant opportunity for businesses operating in this market to capitalise on the growing demand for skin boosters.
Current market trends
A rising desire to look young and appealing in photos:
What is driving the demand for skin boosters these days? It is the never-ending desire to stay young and fresh, fuelled by social media and the rise of remote work arrangements.
People are constantly looking for ways to keep their skin glowing and radiant, and that’s where skin boosters come in!
Growing preventive skincare goals:
By taking a proactive approach to skincare, these boosters can help address early signs of ageing and keep skin looking healthy and fresh. So why not join the trend and give your client’s skin the boost it deserves?
Market challenges
Are you aware that the high costs of skin booster treatments are preventing many people from experiencing related benefits? Unfortunately, the adoption of these treatments is limited due to financial barriers.
Cosmetic injectable safety and regulatory concerns are also being actively watched, which might impact market growth. We must address these issues to make these treatments more accessible and safer for everyone.
Boom and boost
By type, Mesotherapy accounts for 54.5 per cent market share in 2022 due to its effectiveness and shorter downtime compared to micro-needling. Microneedling, though effective, requires multiple skin punctures, making mesotherapy more preferred.
The global market for skin boosters is booming, and for good reason. With more and more people seeking non-surgical cosmetic procedures and a greater emphasis on skincare and aesthetics, this industry is poised for long-term growth.
Technological advancements are making treatments safer and more effective than ever before, while innovations in marketing and distribution are expanding the market’s reach. Of course, there are still challenges to overcome, such as high treatment costs and regulatory concerns.
However, the potential rewards are enormous. All signs point to a bright future for the skin boosters market, so don’t miss out on this exciting opportunity!