Industry Overview
The Global Market for Skin Boosters is predicted to increase from USD 1.5 billion in 2023 to USD 2.5 billion by 2030. During the predicted period, a CAGR of 9.23% is anticipated. Skin boosters are cosmeceuticals that are mainly vitamins, minerals, and hyaluronic acid that are injected into the epidermal layer of the skin to moisturize and revive it while also giving it a natural and revitalized tone. The desire to look young among millennials and the increased adoption of aesthetic operations by both males and females, mostly in developing countries will bolster the market development of the global skin booster industry. The rising incidence of acne, tanning, scars, dark spots, and dullness have surged the demand for skin-nourished products. While the younger generation opts for skin-lightening treatments, washes, and toners and the older generation chooses wrinkles and cracked heels products, thereby propelling market development. In addition, there is an increased need for skin treatments as individuals are becoming aware of the detrimental impact of prolonged skin exposure, thus boosting the market share of the global skin booster industry.
Market Segmentation
Insight by Type
The Global Skin Booster Market is divided into Mesotherapy and Micro-Needle segments based on type. Mesotherapy segment is expected to contribute the major share. The need for natural and organic substances in cosmetic treatments, the growing emphasis on customized treatment strategies, and the expanding acceptance of combination therapies are some of the reasons driving the mesotherapy market. Consumers are increasingly opting for cosmetic procedures that use natural, organic, and eco-friendly products as the "clean beauty" trend gains traction.
Insight by Gender
Based on Gender, The Global Skin Booster Market is bifurcated into Males and Females. Females dominates the skin booster market. Females lose collagen faster than males, thus females are more likely to use anti-aging methods, which is expected to be the primary driver of the market. In addition, a new trend shows that men are getting more interested in non-invasive skin booster operations as a result of social media's rising popularity, Thus, the desire to look good in front of the camera, as well as the growing prominence of Instagram and Facebook, have increased the demand for skin boosters among both men and women.
Insight by End Use
The Global Skin Booster Market is segregated into MedSpa and Dermatology Clinics based on End-Use. MedSpa is expected to have significant growth during the forecast period as it offers treatment under a licensed medical practitioner, which is an important reason for its skin booster market expansion. Moreover, the increased adoption of novel and innovative technology by the millennial population particularly in the age group of 35-54 years will boost market development.
Global Skin Booster Market Report Coverage
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Report Metric
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Details
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Historical Period
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2018 - 2023
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Base Year Considered
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2024
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Forecast Period
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2025 - 2030
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Market Size in 2023
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U.S.D. 1.5 Billion
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Revenue Forecast in 2030
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U.S.D. 2.5 Billion
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Growth Rate
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9.23%
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Segments Covered in the Report
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By Type, By Gender and By End Use
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Report Scope
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Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling
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Regions Covered in the Report
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North America, Europe, Asia-Pacific, Middle East, and Rest of the World
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Industry Dynamics
Growth Drivers
Factors contributing to the market growth of the skin booster industry include a surge in market demand for aesthetic products among men and women, a rising geriatric population, worldwide awareness regarding skin heightens, the desire to look young, increased adoption of cosmetic procedures, and the advent of anti-aging methods. Moreover, the rising prominence of combination therapies that involves multiple treatments helps in achieving effective results. As a result, skin boosters with injectable treatments such as Botox and dermal fillers have become more popular. Also, increased environmental pollution and unhealthy eating habits have resulted in an early aging effect on the skin, prompting the young population to embrace techniques to tighten their skin, improve firmness, and eliminate dark spots, hence greatly expanding the market's development. Nevertheless, the usage of skin boosters has increased because of the growing trend toward glass skin, which has a porcelain-like, light texture and is devoid of pollutants and blemishes.
There is a surge in demand for wrinkles treatment post-COVID-19 pandemic due to the increased adoption of Remote culture. Several meetings, sessions, and interviews are conducted virtually, thereby has led to the desire to look “Camera Perfect”. This has favorably impacted the market share of the skin booster market.
Challenges
The high cost of these treatments would be a significant obstacle for the market participants. A number of variables, such as the knowledge and qualifications of the practitioner, the method used, and the amount of time and effort needed for the procedure or therapy, affect the cost of the treatment. Additionally, the individual might need to undergo additional aesthetic procedures because of the non-permanent nature of these materials. The person's financial burden increases as a result, and they can decide against getting these therapies. Due to the relatively modest cost of alternative skincare treatments, many people also opt to avoid these injections.
Opportunities
The non-invasive and wrinkles treatments along with surge in market demand for natural and organic ingredients are gaining significant importance which will create lucrative market opportunities for the skin booster industry. There is an increased consumer knowledge of innovative skincare treatments by the manufacturers as they advertise through campaigns and online platforms. Hence, providing promising growth opportunities in the global skin booster market.
Geographic Overview
- North America
- Europe
- Asia Pacific (APAC)
- Rest of the World (RoW)
North America is expected to contribute the largest share in the skin booster market owing to the upsurging proliferation of non-invasive medical aesthetics for facial rejuvenation, rising demand for cosmetics among aging and adult people, effective aesthetic procedures, and changes in consumers’ perception of the relationship between beauty and wellbeing, thereby propelling market share for global skin booster industry in the region. In addition, the mounting awareness of potential applications of skin boosters for the youthfulness of the skin will drive the growth in the region. A further factor that contributes to the safety and success of skin booster treatments is the more favorable regulatory environment in North America, which is characterized by stringent quality control standards and extensive clinical trial requirements.
Competitive Insight
The industry players in the global skin booster industry are implementing several strategies to be in the forefront position. Some of the strategies being adopted by the key players include acquisition, collaborations, and partnerships. Moreover, these players are emphasizing growth techniques like technological development, product launch, geographical expansion, and product approvals.
TEOXANE Laboratories was founded by Valérie Taupin in 2003 and is based in Geneva, Switzerland. Its mission is to combine innovation, quality, and consumer safety to create high-performance, cutting-edge hyaluronic acid dermal fillers and dermo cosmetics products that are supported by thorough scientific research. Teoxane's dermal fillers are created with a focus on the science of anatomy and physiology for results that are as natural-looking as possible in all parts of the face. Teoxane offers a distinctive line of dermo cosmetics that are made with RHA resilient hyaluronic acid®, a crosslinked form of the substance developed through a patented technique and trusted by medical specialists.
IBSA Derma has emerged as one of the top pharmaceutical firms for the manufacturing of hyaluronic acid in dermoaesthetic applications through scientific proficiency, ongoing research, technological advancement, and a cutting-edge production process. IBSA Derma stands out in this competitive market because it manages the full product life cycle, from the manufacture of the raw material via biofermentation to its readiness for use in pre-filled syringes. Their Products include VISCODERM CREAM, PROFHILO HAENKENIUM, VISCODERM COVER UP LIGHT, VISCODERM PHOTOPROTECTION.
Recent Development by Key Players
In May 2023, Allergan Aesthetics, a division of AbbVie announced that SKINVIVETM by JUVÉDERM has been approved by the U.S. FDA to improve the skin smoothness of the cheeks in individuals over the age of 21.
In June 2023, with the acquisition of SoftFil, which aims to push the boundaries of innovation to produce beautiful, accurate, but most crucially safe results, Prollenium is undoubtedly erecting a strong aesthetic empire.
Key Players Covered in the Report
Some of the major players in the global skin booster industry include Allergan Aesthetics (AbbVie), GALDERMA, Bloomage Biotech Co., Ltd, Teoxane, Merz Pharma, FILORGA, IBSA Farmaceutici Italia Srl, FOX GROUP INTERNATIONAL, LEMONBOTTLE GROUP, and Prollenium Medical Technologies.
The Skin Booster Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
Segments Covered in the Report
- By Type
- By Gender
- By End Use
- MedSpa
- Dermatology Clinics
Region Covered in the Report
- North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific (APAC)
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- Rest of the World (RoW)
- Brazil
- Saudi Arabia
- South Africa
- U.A.E.
- Other Countries
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