The Latest Aesthetics Industry Statistics Explained
The global cosmetic products market was valued at USD 532.43 billion in 2017.
In 2017, the global cosmetic products market had a total value of USD 532.43 billion, representing the combined worth of all cosmetic products sold worldwide during that year. This statistic suggests a significant and substantial market size, indicating a high demand for cosmetic products across different regions and demographics. The valuation also implies a thriving industry that continues to grow and evolve with changing trends and consumer preferences, making it a key sector in the global economy.
The global medical aesthetics market is projected to reach USD 15.9 billion by 2025, growing at a CAGR of 10.9%.
This statistic indicates that the global medical aesthetics market is expected to grow significantly over the next few years, with a projected value of USD 15.9 billion by 2025. The compound annual growth rate (CAGR) of 10.9% suggests a steady and robust expansion in the market. This growth can be attributed to various factors such as increasing demand for minimally invasive cosmetic procedures, technological advancements in aesthetic devices and treatments, and rising consumer awareness and disposable income. The projected market size and growth rate signify lucrative opportunities for businesses operating in the medical aesthetics industry, highlighting a promising outlook for the sector in the coming years.
The Asia-Pacific region is becoming a bigger player in the global beauty industry, with a potential CAGR of 5% from 2019 to 2023.
This statistic suggests that the Asia-Pacific region is experiencing steady growth and increasing influence within the global beauty industry. The Compound Annual Growth Rate (CAGR) of 5% projected from 2019 to 2023 indicates a positive trend in consumer demand for beauty products in this region. As the market expands, companies within the beauty industry are likely to invest more resources and attention towards capturing a larger share of this growing market. This data highlights the importance of Asia-Pacific in shaping the future of the global beauty industry and signals potential opportunities for businesses looking to capitalize on this growth.
The demand for natural and organic beauty products is enhancing the market growth, with natural products industry reaching $22 billion in 2017.
The statistic indicating that the demand for natural and organic beauty products is fueling market growth, leading to the natural products industry reaching $22 billion in 2017, highlights a significant trend in the beauty market. This suggests a shift in consumer preferences towards more sustainable and eco-friendly products, driven by increasing awareness about the potential benefits of natural ingredients and the desire for safer, chemical-free alternatives. The substantial market size indicates a strong and growing demand for natural and organic beauty products, presenting opportunities for companies to capitalize on this trend by offering innovative and high-quality products to meet consumer needs in this burgeoning market segment.
Facial Aesthetic applications are expected to witness the fastest growth, at a CAGR of about 9.6% from 2019-2026.
The statistic indicates that Facial Aesthetic applications are projected to experience significant growth at a Compound Annual Growth Rate (CAGR) of approximately 9.6% between 2019 and 2026. This suggests that there is a growing demand for facial aesthetic treatments and procedures, such as cosmetic surgeries, non-invasive treatments, and skincare products aimed at enhancing one’s facial appearance. Factors driving this growth may include increasing disposable income, technological advancements in the field of cosmetic procedures, changing beauty standards, and a rise in awareness about maintaining youthful and healthy-looking skin. The strong CAGR underscores the expanding market opportunities within the facial aesthetics industry, making it an area of considerable interest and potential investment for businesses and professionals in the cosmetics and beauty sector.
The anti-aging market is projected to reach USD 271.0 billion by 2024, increasing at a CAGR of 5.7%.
The statistic indicates that the anti-aging market is estimated to grow significantly, with a projected value of USD 271.0 billion by 2024, which implies a Compound Annual Growth Rate (CAGR) of 5.7%. This growth rate suggests that the market is expanding steadily and is expected to continue to do so in the coming years. The increasing demand for anti-aging products and services, driven by factors such as an aging population, rising disposable incomes, and growing awareness of skincare and wellness, is likely to fuel this market growth. Additionally, advancements in technology and research leading to more effective and innovative anti-aging solutions are also contributing to this positive trend in the market.
Haircare is the second most lucrative segment in the beauty industry after skincare, holding about 20% market share.
The statistic suggests that within the beauty industry, haircare products have emerged as the second most profitable segment following skincare, accounting for approximately 20% of the market share. This indicates a significant consumer demand for haircare products, ranging from shampoos and conditioners to styling and treatment products. The popularity of haircare products highlights the importance placed on hair health and aesthetics by consumers. The competitive landscape within the beauty industry is reflected in the prominence of haircare as a major revenue generator, emphasizing the economic significance and growth potential of this particular segment within the broader beauty market.
A reported 14.9 million minimally invasive cosmetic procedures were performed in 2019 in the U.S. alone.
The statistic that 14.9 million minimally invasive cosmetic procedures were performed in the U.S. in 2019 indicates a significant prevalence of these procedures within the country. Minimally invasive cosmetic procedures refer to non-surgical treatments that aim to improve a person’s appearance without requiring extensive recovery time. Common examples include Botox injections, dermal fillers, laser hair removal, and chemical peels. The high number of such procedures points to a growing trend of individuals seeking cosmetic enhancements through less invasive methods. This statistic highlights the popularity and acceptance of cosmetic procedures as a means for individuals to enhance their physical appearance in a relatively quick and convenient manner.
The medical aesthetic devices industry has seen a 10.4% growth between 2019 and 2025.
The statistic indicates that the medical aesthetic devices industry experienced a 10.4% increase in revenue or market size over the period from 2019 to 2025. This growth rate represents a significant expansion within the industry, suggesting that there is a growing demand for medical aesthetic devices during this time frame. Factors such as advancements in technology, increasing consumer awareness and acceptance of aesthetic procedures, and a rise in disposable income could have contributed to this growth. The positive trend in the industry’s growth rate may also signal opportunities for businesses operating within the medical aesthetic devices sector to capitalize on the growing market and potentially increase their market share and profitability.
The injectables market is projected to reach $47.5 billion by 2025.
The statistic “The injectables market is projected to reach $47.5 billion by 2025” indicates that the total sales value of injectable products is expected to grow significantly and reach $47.5 billion by the year 2025. This projection suggests a positive trend in the demand and consumption of injectable medications or therapies over the specified time period. The increase in sales value could be driven by several factors such as advancements in technology, rising prevalence of chronic diseases, increasing healthcare expenditure, and a growing aging population that may require injectable treatments. This statistic provides insights into the potential growth and opportunities within the injectables market for pharmaceutical companies, healthcare providers, and other stakeholders.
The global cosmetic skin care market is projected to reach $185.5 billion by 2027.
This statistic indicates the anticipated growth and magnitude of the global cosmetic skin care market, predicting that it will reach a value of $185.5 billion by the year 2027. This projection suggests a significant expansion of the market, driven by factors such as increasing consumer awareness and demand for skincare products, advancements in technology leading to innovative product offerings, and the growing trend of self-care and wellness. The figure underscores the industry’s potential for substantial revenue generation and highlights the ongoing importance of skincare in the beauty and personal care sector worldwide.
57% of plastic surgeons reported that patients sought surgery for improved selfies and pictures on social media platforms.
The statistic indicates that a significant proportion, specifically 57%, of plastic surgeons have reported that their patients are seeking plastic surgery procedures in order to enhance their appearance specifically for selfies and pictures on social media platforms. This suggests a growing trend where individuals are increasingly turning to cosmetic procedures to improve their digital image and appearance on social media platforms. The desire to present oneself in a more appealing way on social media may be influencing people’s decisions to undergo plastic surgery, highlighting the influence of digital media on perceptions of beauty and self-image in contemporary society.
The global laser hair removal market size was valued at $883.9 million in 2018, and is projected to reach $1,378.4 million by 2026.
The statistic provided indicates the market size of the global laser hair removal industry, which was valued at $883.9 million in 2018 and is expected to reach $1,378.4 million by 2026. This suggests a projected growth of $494.5 million over the specified time period. The increase in market size can be attributed to factors such as technological advancements in laser hair removal devices, increasing awareness and acceptance of cosmetic procedures, and rising disposable incomes in key markets. This growth projection indicates a promising future for the laser hair removal market, with opportunities for businesses to capitalize on the growing demand for these services worldwide.
The global aesthetic clinics and centers market size is projected to reach USD 39.6 billion by 2026.
This statistic indicates that the global aesthetic clinics and centers market is forecasted to grow significantly, reaching a total value of USD 39.6 billion by the year 2026. This projection suggests a strong upward trend in the demand for aesthetic treatments and services worldwide, driven by factors such as increasing awareness of cosmetic procedures, advancements in technology, and a growing emphasis on self-care and personal grooming. The market size estimation not only reflects a rising consumer interest in aesthetic enhancements but also underscores the business opportunities available for aesthetic clinics and centers to expand their services and cater to a growing market segment seeking cosmetic treatments.
References
0. – https://www.www.fortunebusinessinsights.com
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5. – https://www.aestheticsjournal.com
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