Cosmetology Market size was valued at USD 118.93 Bn. in 2023 and the total Cosmetology revenue is expected to grow at a CAGR of 10.5% from 2024 to 2030, reaching nearly USD 239.24 Bn. by 2030 as per Stellar Market Research

Stellar Market Research, has published market intelligence and competitive landscape report on the Cosmetology Market. The report is a combination of primary data and secondary data and field experts have examined the Cosmetology Market from a local, regional and global point of view. Over the forecast period, Stellar Market Research expects the Cosmetology Market to grow from USD 118.93 Bn. in 2023 and is expected to reach USD 239.24 Bn by 2030, at a CAGR of 10.5 percent.

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Cosmetology Market Scope:

Market Size in 2023: USD 118.93 Bn.

Market Size in 2030: USD 239.24 Bn.

CAGR: 10.5% (2024-2030)

Forecast Period: 2024-2030

Base Year: 2023

Number of Pages: 255

No. of Tables: 120

No. of Charts and Figures: 115

Segment Covered: By Procedure, Application

Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.

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Cosmetology Market Overview:

Cosmetology is rooted in the Greek term "kosmetikos" meaning "skilled in the use of cosmetics," covering the study and practice of enhancing the appearance of the face, hair, nails, and skin. In recent years, the cosmetology industry has emerged as one of the fastest-growing sectors in the United States. The increasing demand for beauty professionals drives the growth in the Cosmetology Market. Cosmetology also plays a significant role in the broader sectors of education and health services, reflecting its importance beyond mere aesthetics.

Cosmetology Market Dynamics:

Cosmetology Market has positive impact on personality development and stress management. Passion for their craft, whether it's hairstyling, makeup application, or nail care, often results in reduced stress and increased happiness. Kylie Jenner's endorsement of lip fillers has increased their popularity among younger demographics. Breast augmentation continues to be a top choice among plastic surgery procedures, with advancements in implant types and sizes offering more personalized options. The rise in male plastic surgery reflects a growing trend where men seek to enhance their appearance and address specific concerns like hair loss and gynecomastia. The increasing acceptance and demand for these procedures underscore a shift towards non-surgical options in the Cosmetology Market trend.

Cosmetology Market Regional Insight:

North America region witnessed the highest market share in 2023 and continued its high dominance in the cosmetology market during the forecast period. The 2022 Plastic Surgery Report highlights a remarkable 19% increase in surgical procedures since 2019, marking a post-pandemic surge in the industry. Americans continue to prioritize self-care and grooming, including both minimally invasive and surgical procedures. Minimally invasive procedures have seen a significant boost, with a notable 253% increase since 2019. The average cost for such procedures ranges from $530 to $1,800, making them more accessible compared to surgical options. The cost for these procedures typically ranges from $3,000 to $10,000, leading people to plan and save for these more expensive operations. This careful consideration period allows individuals to integrate such procedures into their financial plans, ensuring continued growth in the demand for surgical Cosmetology market enhancements.

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Cosmetology Market Segmentation:

By Procedure:

Surgical
Non-Surgical

By Application:

Breast Enhancement
Facial Contouring and Rejuvenation
Body Contouring
Skin Rejuvenation
Hair Transplant
Buttock Enhancement
Others

Key Players in the Cosmetology Market

L'Oréal (Clichy, France)
Estée Lauder Companies (New York, USA)
Procter & Gamble (Cincinnati, USA)
Unilever (Rotterdam, Netherlands)
Shiseido (Tokyo, Japan)
Coty Inc. (New York, USA)

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Key questions answered in the Cosmetology Market are:

What are the trends in Cosmetology Market?
What factors are driving the growth of Cosmetology Market?
What are the key opportunities in the Cosmetology Market?
What are the projected Cosmetology market size & growth rate of market?
What segments are covered in the report?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis of the Offerings, Vertical, Application and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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About Stellar Market Research:

Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. Firm research on many topics like Healthcare, Pharmaceuticals, Electronics and communications, Chemical and Material, Food and Beverages, Aerospace and defense, and other sectors. The company provide numerous services i.e. consultancy, Market Intelligence, Syndicate Research etc. to help executives in any organization and consumers achieve their mission-critical goals.

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