Asia Pacific Skin Boosters Market Share, Size, Trends, Industry Analysis Report, By Type (Mesotherapy and Micro-needle); By Gender; By End Use; By Country; Segment Forecast, 2024- 2032

The asia pacific skin boosters market size was valued at USD 166.54 million in 2023. The market is anticipated to grow from USD 182.19 million in 2024 to USD 375.97 million by 2032, exhibiting the CAGR of 9.5% during the forecast period.

Market Overview

The Asia-Pacific skin boosters’ market has witnessed significant growth in recent years, driven by increasing consumer awareness of skincare, rising disposable incomes, and the growing demand for non-invasive cosmetic procedures. Skin boosters are injectable treatments designed to improve skin hydration, elasticity, and overall texture, making them popular among individuals seeking rejuvenation without undergoing surgery. This market encompasses a wide range of products, including hyaluronic acid-based fillers, vitamins, antioxidants, and amino acids, which are administered via injections to replenish moisture and revitalize the skin. The region's diverse demographics and evolving beauty standards have contributed to the expansion of the skincare industry, with countries such as South Korea, Japan, China, and India emerging as key markets for skin boosters.

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One of the primary driving factors behind the growth of the Asia-Pacific skin boosters market is the increasing emphasis on skincare and aesthetics among consumers. With a rising focus on personal grooming and appearance, individuals are seeking innovative solutions to address common skin concerns such as aging, dullness, and dehydration. Additionally, the influence of social media, celebrity endorsements, and beauty influencers has fueled demand for skincare treatments, driving the adoption of skin boosters across the region. Furthermore, advancements in technology and product formulations have led to the development of safer and more effective injectable solutions, enhancing consumer confidence and encouraging uptake.

Moreover, the expanding aging population in Asia-Pacific countries has propelled the demand for anti-aging treatments, including skin boosters. As individuals age, the skin undergoes various changes, such as reduced collagen production and moisture loss, leading to wrinkles, fine lines, and sagging. Skin boosters offer a non-surgical approach to combat these signs of aging, stimulating collagen synthesis and improving skin elasticity for a more youthful appearance. Furthermore, the growing acceptance of cosmetic procedures and aesthetic enhancements has created a favorable environment for market growth, with an increasing number of individuals opting for preventative skincare treatments to maintain a youthful complexion.

Growth Factors

Increasing inclination to look younger and photogenic driving the market growth

The Asia Pacific region has witnessed a notable surge in the demand for skin boosters, driven by a growing inclination towards maintaining a youthful and photogenic appearance. This trend is largely attributed to societal influences, where there is increasing emphasis on beauty standards and the portrayal of youthful aesthetics in media and advertising. As individuals seek to enhance their overall appearance and achieve a radiant complexion, the market for skin boosters has experienced significant growth. Factors such as rising disposable incomes, urbanization, and a burgeoning middle-class population have further fueled this demand, as consumers are increasingly willing to invest in skincare products and treatments to address aging concerns. Additionally, advancements in technology and a greater awareness of skincare solutions have empowered consumers to explore a wide range of options for achieving smoother, firmer, and more youthful-looking skin.

Furthermore, the prevalence of social media platforms has played a pivotal role in shaping consumer perceptions of beauty, with individuals increasingly seeking to maintain a flawless and photogenic appearance both online and offline. This has led to a surge in demand for skin boosters that promise to rejuvenate and revitalize the skin, providing a natural glow and enhancing overall attractiveness. Moreover, the influence of celebrities and influencers, who often promote skincare products and treatments on social media platforms, has further propelled the popularity of skin boosters among consumers across the Asia Pacific region.

Rising urbanization and growing medical tourism to foster market growth

The significant boost in urbanization has led to drastic changes in people's lifestyles, such as unhealthy diets, exposure to pollution, and high-stress levels, leading to negative impacts on skin health and contributing to market growth. Moreover, several countries in the APAC region are becoming popular destinations for medical tourism, as tourists seek quality medical procedures, including for their skin, which is positively impacting the market. For instance, according to our findings, about 2 million patients visit India every year for medical and wellness treatments, and the number is projected to increase exponentially over the coming years.

Restrain Factors

High cost of skin boosters and lack of awareness about its benefits to restrain growth

In the Asia-Pacific region, the market for skin boosters faces challenges stemming from both high costs and a need for more awareness regarding the benefits of these treatments. Skin boosters, which typically involve injectable treatments containing hyaluronic acid or other nourishing substances, are known for their ability to hydrate the skin, improve elasticity, and reduce fine lines. However, despite these potential benefits, the relatively high cost of skin booster procedures often acts as a significant deterrent for many individuals seeking skincare solutions. The expense associated with these treatments can be prohibitive for a considerable portion of the population in Asia-Pacific countries, limiting access to those who can afford them and exacerbating disparities in skincare access across socioeconomic groups.

Moreover, a lack of awareness about the benefits of skin boosters further compounds the issue, as many potential consumers remain unaware of the positive impacts these treatments can have on their skin health. While skincare awareness has been increasing in recent years, driven by factors such as social media influence and the proliferation of beauty trends, education about advanced skincare solutions like skin boosters still needs to be improved. This lack of awareness prevents many individuals from fully understanding the potential benefits of investing in these treatments, further reducing demand and inhibiting market growth.

Report Segmentation

The market is primarily segmented based on product, modality, end user, and country.

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By Type Insights

Mesotherapy segment accounted for the largest market share in 2023

The mesotherapy segment accounted for the largest market share in 2023 due to accelerated by its ability to provide customized treatment approaches to patients to address their skincare issues more efficiently. It can be easily adapted to treat a wide range of skincare concerns, making it a versatile option for several skin types and conditions. Moreover, the rising incidences of facial wrinkles due to COPD (chronic obstructive pulmonary disorder) are likely to have a positive impact on the segment’s growth.

By Gender Insights

Female segment led the Asia Pacific skin boosters market trends in 2023

The medspas segment held the maximum revenue share in 2023. This is due to its widespread use to perform skin booster procedures, which have beneficial characteristics including low patient downtime and a non-invasive nature. In addition, it offers various customer-friendly services like subscription discounts, loyalty programs, awareness campaigns, and others, which also augment its demand and growth.

Moreover, the rapid increase in the availability of state-of-the-art medspa facilities across the globe, offering a wider range of skin-boosting treatments and solutions with greater convenience, is further likely to boost the segment’s growth over the coming years.

By End Use Insights

Medspas segment held the majority revenue share in 2023

The medspas segment held the maximum revenue share in 2023. This is due to widespread use to perform skin booster procedures due to its beneficial characteristics including low patient downtime and non-invasive nature. In addition, it offers various customer-friendly services like subscription discounts, loyalty programs, awareness campaigns, and others, which also augment its demand and growth.

Moreover, the rapid increase in the availability of state-of-the-art medspa facilities across the globe, offering a wider range of skin-boosting treatments and solutions with greater convenience, is further likely to boost the segment’s growth over the coming years.

Regional Insights

China dominated the regional market in 2023

China dominated the region in the Asia Pacific skin boosters market share with the largest share in 2023. This dominance is fueled by various factors such as the increasing aging population, growing consumer disposable income and spending capacity on skin or healthcare, and innovations in skin booster products that make them more effective and convenient to use. Additionally, the substantial increase in the number of people undergoing non-invasive aesthetic treatment or procedures due to the growing consumer desire to achieve younger and flawless skin further contributes to the region’s growth.

For instance, according to the World Health Organization, the number of people aged 60 years or above in China is projected to reach 402 million, a significant increase from 254 million people in 2019, and the country is among the fastest-growing countries in terms of aging population worldwide.

India is expected to witness the highest growth rate during the forecast period. This growth is attributable to increasing awareness among people regarding the importance of maintaining skin health, the availability of advanced skin booster solutions with their potential benefits, and the country's emergence as a popular medical tourism destination.

Key Market Players & Competitive Insights

The Asia Pacific skin boosters market players is moderately competitive in nature with the robust presence of several large regional players. Key companies in the market are competing on various factors such as product innovation, implementing on effective marketing strategies, and focusing on various business development strategies including partnerships, collaborations, and mergers.

Some of the major players operating in the global market include:

• Alkem Laboratories Ltd. (India)
• Allergan India Pvt. Ltd. (India)
• Bioway Biotechnology Co. Ltd. (China)
• Bloomage Bio Technology (China)
• Bohus BioTech (China)
• GC Pharma (South Korea)
• LG Chem (South Korea)
• Lupin Ltd. (India)
• Shanghai Fosun Pharmaceutical Group (China)
• Sinocheren (China)

Recent Developments in the Industry

• In August 2023, COSRX announced the launch of its new product, peptide skin booster serum, which is specially designed to help people address several skin concerns. It offers a wide and comprehensive solution for flawless skin ranging from firmness to wrinkles, texture to pores, and soothing to brightening.
• In November 2023, Mibelle Biochemistry announced the launch of RejuveNAD, a new natural booster for skin care. The newly developed booster can counteract five hallmarks of aging in the skin simultaneously, including loss of proteostasis, epigenetic alteration, genomic instability, mitochondrial dysfunction, and cellular sensescence.

Report Coverage

The Asia Pacific skin boosters market report emphasizes on key regions across the globe to provide better understanding of the product to the users. Also, the report provides market insights into recent developments, trends and analyzes the technologies that are gaining traction around the globe. Furthermore, the report covers in-depth qualitative analysis pertaining to various paradigm shifts associated with the transformation of these solutions.

The report provides detailed analysis of the market while focusing on various key aspects such as competitive analysis, type, gender, end use, and their futuristic growth opportunities.

Asia Pacific Skin Boosters Market Report Scope