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The Business Research Company Forecasts $1.62 Billion Lip Fillers Market by 2028, Growing at 4.6% CAGR

05-24-2024 10:54 AM CET | Health & Medicine

Press release from: The Business Research Company

Lip Fillers Market Report

Lip Fillers Market Report

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Lip Fillers Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $1.62 billion In 2028 At A CAGR Of 4.6%:

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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Lip Fillers Market Major Segments
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

Key Driver - Elevated Demand For Aesthetic Treatments Propels Growth In The Lip Filler Market

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.

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Prominent Trend - Beijo Introduces Pre Cosmetic Lip Filler Treatment For Enhanced Lip Preparation And Recovery

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.

Lip Fillers Market Players
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

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/lip-fillers-global-market-report

Largest And Fastest Growing Region In The Market
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.

The Table Of Content For The Market Report Include:
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

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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