Skin Boosters Market Share, Size, Trends, Industry Analysis Report, By Type (Mesotherapy and Micro-needle); By Gender; By End Use; By Region; Segment Forecast, 2024 - 2032
- Published Date:Mar-2024
- Pages: 114
- Format: PDF
- Report ID: PM4786
- Base Year: 2023
- Historical Data: 2019-2022
Report Outlook
Global skin boosters market size was valued at USD 1.11 billion in 2023. The market is anticipated to grow from USD 1.21 billion in 2024 to USD 2.38 billion by 2032, exhibiting the CAGR of 8.8% during the forecast period.
Market Overview
Skin boosters are vitamins, minerals, & hyaluronic acid that are injected into the epidermis of the skin for revitalizing and hydrating skin and provide it with a natural and rejuvenated look. Thereby, with the growing concerns related to skin appearance and health, especially among younger women population who are willing to improve their skin appearance, texture, and hydration, the demand for effective skin treatments, including skin boosters, is growing rapidly.
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Furthermore, the increasing geriatric population across the world and the growing people exposure to high pollution and unhealthy eating habits that lead to signs of early aging effect on the skin are other factors likely to propel the demand for skin boosters to address such skin concerns and help in enhancing firmness and eradicate dark spots. For instance, according to the United States Census Bureau, the United States population aged 65 years or above increased by five times faster than its total population and reached almost 55.8 million, which accounts for approx. 16.8% of the total population of the country.
Growth Factors
Growing inclination to look young and rising awareness about personal grooming to drive growth
The growing proliferation of remote and work-from-home models worldwide and an increased number of virtual meetings, interviews, and sessions, resulting in significant people's desire to look young and photogenic, is driving the demand for skincare treatments like skin boosters. Also, the growing awareness about the importance of personal grooming due to increasing concerns or the occurrence of black spots, acne, scars, and dullness further boosts the demand for skin booster products.
Growing focus on research & development activities to spur skin boosters market growth
The growing focus on research & development activities that are aimed at developing new skin booster formulations and products with improved results and effectiveness, coupled with advancements such as the use of innovative ingredients and treatment techniques, are further likely to contribute to the skin boosters market growth. For instance, in February 2024, Empro announced its latest advancement in skincare with the launch of SpaceLift Face Booster, an epitome of a lifting solution and harmonious fusion of botanical artistry.
Restraining Factors
High costs and low product penetration restrain skin boosters market growth
The high costs and low product penetration have emerged as significant challenges restraining skin boosters market growth. Skin boosters are injectable treatments designed to hydrate the skin and improve its texture, elasticity, and overall appearance. Despite their effectiveness in addressing various skin concerns, including aging and dehydration, the high costs associated with these treatments limit accessibility for a broader consumer base. Additionally, low product penetration in certain regions or demographic segments further impedes market expansion. To counteract these constraints, market players are focusing on developing more cost-effective solutions and expanding their distribution networks to enhance product accessibility and affordability. Efforts to educate consumers about the benefits of skin boosters and their long-term value in skincare routines are also underway to stimulate market growth.
Report Segmentation
The market is primarily segmented based on type, gender, end-use, and region.
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By Type |
By Gender |
By End Use |
By Region |
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By Type Insights
The mesotherapy segment accounted for a notable skin boosters market share in 2023
The mesotherapy segment accounted for the largest skin boosters market share. The segment’s dominance is attributed to the widespread adoption of mesotherapy as a safer alternative to micro-needling and its ability to provide more effective results compared to other types available in the market. In addition, it allows practitioners to conveniently choose the products needed to inject into the skin according to the skin condition they are treating, such as hydration, pigmentation, and texture.
The micro-needle segment is expected to witness the highest growth. This growth is due to rising demand for minimally invasive procedures over traditional skin rejuvenation procedures worldwide and companies' focus on the development of more efficient and effective micro-needles, which has led to comfortable skin procedures.
By Gender Insights
The female segment held the majority skin boosters market share in 2023
The female segment held the majority skin boosters market share. This dominance is accelerated by growing beauty consciousness among the women population and the increasing willingness of women to spend on premium skincare products and treatments, including skin boosters. As the proliferation of social media among women increases at a significant pace and the growing influence of social media influencers on their purchasing decisions, the demand for skin boosters for the female segment is growing rapidly because several influencers are promoting and recommending such skincare products in their content.
By End Use Insights
Medspas segments captured the largest skin boosters market share in 2023
The medspas segment captured the largest skin boosters market share. This dominance is fueled by an increasing number of medspas across the globe and the growing availability of advanced aesthetic treatments and skin procedures. In addition, medspas are gaining huge traction globally because of their ability to offer personalized treatment plans that are tailored to individual patient skin conditions and concerns. The rising proliferation of medspa chain expansion and deployment of cutting-edge technology in these settings to deliver innovative treatments or procedures further contribute to the segment’s growth.
Regional Insights
North America region dominated the global market in 2023
The North American region dominated the global skin boosters market share. Region’s dominance is driven by increased consumer disposable income, robust presence of infrastructure & aesthetic facilities, and a large pool of certified skincare professionals. In addition, the substantial increase in the number of people undergoing non-invasive and minimally invasive cosmetic procedures and the growing focus on self-care as well as personal appearance led to greater demand for skincare products and treatments like skin boosters.
Asia Pacific will grow at the fastest pace, owing to the increased influence of social media and celebrity endorsements and rapid urbanization in several APAC countries. This is leading to higher exposure to air pollution and busy lifestyles, which affect skin health and create demand for skin treatments, including skin boosters. For instance, according to the World Urbanization Prospectus, China has the largest urban population, with over 837 million people, and is followed by India, with about 461 million urban dwellers.
Key Market Players & Competitive Insights
The skin boosters market is highly consolidated in nature, with the robust presence of several regional and global players. Key companies are competing on various factors, including new product developments with efficacy and effectiveness, offering more affordable skin booster options, and implementation of effective marketing strategies. In addition, companies are implementing on various business expansion strategies including partnerships, collaborations, strategic alliances, and acquisitions & mergers.
Some of the major players operating in the global market include:
- Alkem Laboratories Ltd.
- Allergan Inc. (US)
- Bioway Biotechnology Co. Ltd.
- Bohus BioTech
- Galderma
- Merz Pharma
- Novus Therapeutics
- Prollenium Medical Technologies Inc.
- Revance Therapeutics
- SciVision Biotech Inc.
- Sinclair Pharma
- Suneva Medical
- Teoxane Laboratories
Recent Developments in the Industry
- In January 2023, Galderma announced the launch of its new product named “FACE” by Galderma, which is an innovative augmented reality application. The newly developed platform helps practitioners and patients visualize treatment results and features 19 potential injectable results, including treatment options like skin boosters.
Report Coverage
The skin boosters market report emphasizes key regions across the globe to provide a 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 an in-depth qualitative analysis pertaining to various paradigm shifts associated with the transformation of these solutions.
The report provides a detailed analysis of the market, focusing on key aspects such as competitive analysis, type, gender, end-use, and futuristic growth opportunities.
Skin Boosters Market Report Scope
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Report Attributes |
Details |
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Market size value in 2024 |
USD 1.21 billion |
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Revenue Forecast in 2032 |
USD 2.38 billion |
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CAGR |
8.8% from 2024 – 2032 |
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Base year |
2023 |
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Historical data |
2019 – 2022 |
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Forecast period |
2024 – 2032 |
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Quantitative units |
Revenue in USD billion and CAGR from 2024 to 2032 |
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Segments Covered |
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Regional scope |
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Competitive Landscape |
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Report Format |
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Customization |
Report customization as per your requirements with respect to countries, regions, and segmentation. |
FAQ's
The Skin Boosters Market report covering key segments are type, gender, end-use, and region.
The global skin boosters market size is expected to reach USD 2.38 billion by 2032
Skin boosters market exhibiting the CAGR of 8.8% during the forecast period
North America is leading the global market
key driving factors in Skin Boosters Market are Growing focus on research & development activities
