The lip fillers global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Lip Fillers Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size —
The lip fillers market size has grown strongly in recent years. It will grow from $1.28 billion in 2023 to $1.36 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to increasing demand for aesthetic enhancements, low procedural complexity, the ability to reverse the effects of lip fillers, short duration of procedures, rising consumer awareness.
The lip fillers market size is expected to see steady growth in the next few years. It will grow to $1.62 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to celebrity influence, social media influence, increasing disposable income, accessibility of aesthetic clinics, cultural acceptance of cosmetic procedures. Major trends in the forecast period include technological advancements and long-lasting abilities of fillers, growing investments in research and development in the cosmetic industry, competitive landscape with companies focusing on expanding their services, capitalizing on the millennial age group, personalization via tailor-made lip fillers.
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Scope Of Lip Fillers Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Lip Fillers Market Overview
Market Drivers –
The increase in the number of aesthetic treatments is expected to propel the growth of the lip filler market going forward. Aesthetic treatments refers to refer to medical interventions and services performed with the primary purpose of enhancing a person’s appearance, beauty, or symmetry. Lip fillers are primarily used to increase the volume of the lips. They can address concerns such as thin or naturally asymmetrical lips, providing a fuller and more balanced appearance. For instance, in August 2023, according to the Aesthetic Society, a US-based media outlet, Americans spent over $11.8 billion on aesthetic procedures in 2021, a 2% increase from the previous year. The same report also highlights a 14% increase in the total number of aesthetic procedures performed in 2022, with nonsurgical procedures contributing to a significant portion of this increase. The report also mentions that the number of surgical procedures increased by 54% and nonsurgical procedures increased by 44% in 2021. Therefore, the rise in the number of aesthetic treatments is driving the growth of the lip filler market.
Market Trends —
Major companies operating in the lip filler market are developing innovative products such as Beijo Pre Cosmetic Lip Filler Treatment to prepare and recover lips before and after lip fillers. Beijo Pre Cosmetic Lip Filler is crafted with a clinical formulation, adhering to vegan principles, free from toxins, and composed of clean ingredients. For instance, in January 2024, Beijo Inc., a US-based fashion company launched Beijo Pre Cosmetic Lip Filler to be applied as a thin layer to the lips before and after lip injections. The Beijo Pre Cosmetic Lip Filler Treatment contains key ingredients such as Lidocaine HCL–4%, Avocado Oil, Brazilian Cupuaçu Butter, and Shea Butter. Using Beijo’s lip treatments before and after the procedure aims to reduce downtime and allow individuals to resume their daily activities more quickly. Beijo’s products are clinically formulated, vegan, non-toxic, and made with clean ingredients, appealing to those who prioritize natural and safe beauty products.
The lip fillers market covered in this report is segmented –
1) By Product: Hyaluronic Acid Lip Fillers, Poly-L-Lactic Acid Lip Fillers, Fat Injection or Lipoinjection, Lip Collagen Injections, Other Products
2) By Gender: Male, Female
3) By End User: Hospitals, Ambulatory Surgical Centers, Office Based Clinics, Spas Or Beauty Clinics
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Regional Insights —
North America was the largest region in the lip fillers market in 2023. The regions covered in the lip fillers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies —
Major companies operating in the lip fillers market report are BioPlus Co. Ltd., Cynosure, Galderma S.A., John Lewis Plc, Allergan Inc., Integra LifeSciences, Nestlé Skin Health, Merz Pharma GmbH & Co. KGaA, Juvederm Volbella, Sinclair Pharma, Teoxane, Anika Therapeutics Inc., Restylane Silk, Croma Pharma GmbH, Mentor Worldwide LLC., Medy Tox Inc., Zimmer Aesthetics, Suneva Medical, Prollenium Medical Technologies Inc., DR. Korman, Laboratoire Vivacy SAS, Dr.TWL Dermaceuticals, MD Skin Solutions, Bohus BioTech AB, Adoderm GmbH
Table of Contents
1. Executive Summary
2. Lip Fillers Market Report Structure
3. Lip Fillers Market Trends And Strategies
4. Lip Fillers Market — Macro Economic Scenario
5. Lip Fillers Market Size And Growth
…..
27. Lip Fillers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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