The Skin Booster Global Market Report 2023, provides comprehensive information on the skin booster market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Skin Booster Global Market Report 2023, the market size is expected to grow from $0.98 billion in 2022 to $1.07 billion in 2023 at a compound annual growth rate (CAGR) of 8.95%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global skin booster market size is expected to reach $1.56 billion in 2027 at a CAGR of 9.77%.
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Technological advancement is a key trend gaining popularity in the skin booster market. Major companies operating in the skin boosters market are more focused on developing product innovations to sustain their position in the market. For instance, in February 2023, The Beauty Health Company, a US-based personal care company partnered with Omorovicza, a Hungry-based skin care company, advanced skin renewal booster with patented healing concentrate for a more youthful complexion. The Healing Concentrate is blended with other necessary components before being given using HydraFacial’s proprietary magic wand handpiece and vortex fusion technology, allowing the contents to permeate the skin. The Hydrafacial x Omorovicza formula contains the following key ingredients such as retinol and vitamin C, hyaluronic acid and niacinamide, amino acids, and arabinogalactan.
The skin booster market is segmented:
1) By Type: Mesotherapy, Micro-Needle
2) By Gender: Male, Female
3) By End-Use: Dermatology Clinics, MedSpa
North America was the largest region in the skin booster market in 2022.
The table of contents in TBRC’s skin booster market report includes:
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