In 2022, the global cosmetology market was valued at US$ 108.33 billion. In the current year, 2023, the net worth of total cosmetology procedures could reach a valuation of US$ 118.93 billion. The global market is anticipated to reach nearly US$ 316.05 billion by 2033, following a CAGR of 10.8% from 2023 to 2033. Moreover, the market recorded a CAGR of 9.5% from 2018 to 2022.
The demand for cosmetology procedures is alarmingly surging, with increasing cosmetic surgical procedures such as facelifts, hair transplants, and liposuction. Individuals' growing preference for aesthetic appearance is fueling the demand for bodily enhancements, and this, as a result, drives the global cosmetology market.
Moreover, for face enhancement, botox and fillers are two key products in cosmetic surgery. Cosmetology is gaining popularity among all populations, irrespective of gender. Trends established by cosmetology procedures have shown considerable impacts on society, and therefore, cosmetic surgeries have forever been a topic of attention across the world.
The increasing awareness among the youth population and accessibility to technologically advanced products to perform various non-surgical and surgical procedures is likely to contribute to the cosmetology market growth over the forecast period.
Moreover, primary market players insist on launching novel products with appropriate approval to strengthen their position in the market. For example, Cynosure Inc., in October 2021, launched the Potenza radiofrequency (RF) micro-needling system in Canada for skin revitalization.
Also, in June 2020, the company introduced the Elite iQ aesthetic workstation for skin revitalization and laser hair removal in Europe, Australia, and the United States.
| Attribute | Details |
|---|---|
| Global Cosmetology Market Valuation in 2022 | US$ 108.33 billion |
| Estimated Global Market Share in 2023 | US$ 118.93 billion |
| Forecasted Global Market Size by 2033 | US$ 316.05 billion |
| Projected Global Market Growth Rate from 2023 to 2033 | 10.3% CAGR |
| Historical Market Growth Rate from 2018 to 2022 | 9.5% CAGR |
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Cosmetic surgeries, which include non-surgical procedures like Botulinum toxin and several other injectables, have been a highlight in the recent past. Several specialty clinics and medical spas offer these procedures, and this trend has been continuously rising.
There has been an increase in individuals undergoing injectables, dermal fillers, and other non-surgical procedures to enhance their cosmetic appearance, creating an attractive demand for cosmetology.
There is an increasing awareness and additional emphasis on aesthetic appearance in today's social media and digitally dominated world. Several social media influencers, having millions of followers, are promoting several cosmetic procedures, and their followers do consider these options owing to the bestowed faith.
Some prominent procedures amidst all surgeries are eyelid surgery, nose reconstruction, hair transplant, and breast enhancement has witnessed a considerable spike.
The American Society for Aesthetic Plastic Surgery (ASAPS) stated that in 2020, 18% of facelifts, 14% of eyelid surgery, and 15.2% of nose reconstruction procedures took place in the United States.
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Potential side effects and failures of cosmetic procedures, such as breast augmentation, botox injections, lip fillers, etc., are likely to hinder the market's growth. In 2016, a few of the serious side effects listed by the FDA were difficulties in speaking, swallowing, and even breathing.
Additionally, several other side effects are headache, tiredness, urinary tract infection, dry eyes, and allergic reactions. Moreover, in post-breast augmentation procedures in the United States, the rupture rate of silicone breast implants was 13% in 2016, according to the National Center for Biotechnology Information.
| Category | By Procedure |
|---|---|
| Top Segment | Non-Surgical |
| Market Share in Percentage | 59.3% |
| Category | By Application |
|---|---|
| Top Segment | Hair Transplant |
| Market Share in Percentage | 23.7% |
Owing to the increasing demand for facial reconstruction surgeries in nations like China, Japan, and South Korea, the cosmetology industry in the Asia Pacific region is expanding significantly. The most common procedures performed on the face include chin reconstruction, eyelid lifts, and rhinoplasty (nose job).
Around 20 out of every 1,000 people in South Korea, based on data from the 2014 International Society of Aesthetic Plastic Surgery (ISAPS) reports, have received some plastic surgery.
| Regional Market Comparison | Global Market Share in Percentage |
|---|---|
| North America | 42.3% |
| Europe | 25.6% |
North America accounted for 42.3% of the total market share in the global cosmetology market in 2022. Such market dominance is owing to advanced technologies, such as 'Virtual 'try' apps used for cosmetic surgeries, accounting for the growth of the overall market.
For example, laser surgeries are gaining popularity for removing scars, blemishes, facial hairs, etc. The American Society for Dermatologic Surgery (ASDS) stated that in 2017, in the United States, around 3.2 million procedures were performed with the help of light, laser, and other energy-based devices for skin resurfacing.
The North American market is said to maintain its position during the forecast period owing to the cosmetic surgeries conducted in the United States alone in 2020.
| Regional Market Comparison | Global Market Share in Percentage |
|---|---|
| United States | 37.8% |
| Germany | 7.3% |
| Japan | 4.3% |
Europe is accounted for a 15.9% market share in the global cosmetology market. Countries like France and Germany are key revenue generators in Europe, as cosmetic surgeries are gaining traction alarmingly.
Advanced technologies like 'Printed Makeup' and specialists, encouraging the need for cosmetic surgeries are boosting the growth of the European market. Moreover, ultra-modern techniques enable minor surgeries of superior accuracy to maintain a natural look without risk to the individual's health.
Some commonly performed cosmetic surgeries in this region are breast enhancement, eyelid corrections, and liposuction. Also, cosmetic surgeons are using minimally invasive procedures, therefore, laser technologies attain better results.
| Regional Markets | CAGR (2023 to 2033) |
|---|---|
| United Kingdom | 7.2% |
| China | 12.4% |
| India | 10.2% |
| Australia | 9% |
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Ever/Body, a United States-based start-up, is a tailored and tech-enabled cosmetic dermatology practice. Since 2019, the company has furnished to the rising interest in personalized, accessible, tech-backed accessible skincare treatments. Recently, Ever/Body raked US$ 55.5 million in its Series C funding raise, led by Addition, an existing investor.
Some key players in the global market are:
| Who | Allergan Aesthetics |
|---|---|
| When | June 2020 |
| Strategic Move | Allergan Aesthetics - a subsidiary of AbbVie Inc., got approval from the FDA for JUVÉDERM VOLUMA XC for augmenting and uplifting chin region in adults above the age of 21. |
| Who | GC Aesthetics |
|---|---|
| When | June 2022 |
| Strategic Move | GC Aesthetics is a privately held medical technology company that provides Women's Healthcare Aesthetic and Reconstructive Solutions. It has planned to grow and expand in the Brazilian market, which is said to be a substantial breast augmentation market in the world. |
| Attribute | Details |
|---|---|
| Growth Rate | CAGR of 10.8% from 2023 to 2033 |
| Base Year for Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in US$ billion and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
The global demand for cosmetology procedures is likely to thrive at a 10.8% CAGR through 2033.
The global cosmetology market value is predicted to reach US$ 316.05 billion by 2033.
The global cosmetology market was valued at US$ 108.33 billion in 2022.
The United States alone accounted for nearly 37.8% of the global market share.
China is predicted to witness a CAGR of 12.4% in cosmetology sales through 2033.
Swelling and allergic reactions that can lead to breathing problems are the challenges.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Procedure
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Procedure, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Procedure, 2023 to 2033
5.3.1. Surgical
5.3.2. Non-Surgical
5.4. Y-o-Y Growth Trend Analysis By Procedure, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Procedure, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Application, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2023 to 2033
6.3.1. Breast Enhancement
6.3.2. Facial Contouring and Rejuvenation
6.3.3. Body Contouring
6.3.4. Skin Rejuvenation
6.3.5. Hair Transplant
6.3.6. Buttock Enhancement
6.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Western Europe
7.3.4. Eastern Europe
7.3.5. South Asia and Pacific
7.3.6. East Asia
7.3.7. Middle East and Africa
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. The USA
8.2.1.2. Canada
8.2.2. By Procedure
8.2.3. By Application
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Procedure
8.3.3. By Application
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Procedure
9.2.3. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Procedure
9.3.3. By Application
9.4. Key Takeaways
10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. United Kingdom
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Western Europe
10.2.2. By Procedure
10.2.3. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Procedure
10.3.3. By Application
10.4. Key Takeaways
11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Poland
11.2.1.2. Russia
11.2.1.3. Czech Republic
11.2.1.4. Romania
11.2.1.5. Rest of Eastern Europe
11.2.2. By Procedure
11.2.3. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Procedure
11.3.3. By Application
11.4. Key Takeaways
12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Bangladesh
12.2.1.3. Australia
12.2.1.4. New Zealand
12.2.1.5. Rest of South Asia and Pacific
12.2.2. By Procedure
12.2.3. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Procedure
12.3.3. By Application
12.4. Key Takeaways
13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By Procedure
13.2.3. By Application
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Procedure
13.3.3. By Application
13.4. Key Takeaways
14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Procedure
14.2.3. By Application
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Procedure
14.3.3. By Application
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. USA
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2022
15.1.2.1. By Procedure
15.1.2.2. By Application
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2022
15.2.2.1. By Procedure
15.2.2.2. By Application
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2022
15.3.2.1. By Procedure
15.3.2.2. By Application
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2022
15.4.2.1. By Procedure
15.4.2.2. By Application
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2022
15.5.2.1. By Procedure
15.5.2.2. By Application
15.6. United Kingdom
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2022
15.6.2.1. By Procedure
15.6.2.2. By Application
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2022
15.7.2.1. By Procedure
15.7.2.2. By Application
15.8. Spain
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2022
15.8.2.1. By Procedure
15.8.2.2. By Application
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2022
15.9.2.1. By Procedure
15.9.2.2. By Application
15.10. Poland
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2022
15.10.2.1. By Procedure
15.10.2.2. By Application
15.11. Russia
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2022
15.11.2.1. By Procedure
15.11.2.2. By Application
15.12. Czech Republic
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2022
15.12.2.1. By Procedure
15.12.2.2. By Application
15.13. Romania
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2022
15.13.2.1. By Procedure
15.13.2.2. By Application
15.14. India
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2022
15.14.2.1. By Procedure
15.14.2.2. By Application
15.15. Bangladesh
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2022
15.15.2.1. By Procedure
15.15.2.2. By Application
15.16. Australia
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2022
15.16.2.1. By Procedure
15.16.2.2. By Application
15.17. New Zealand
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2022
15.17.2.1. By Procedure
15.17.2.2. By Application
15.18. China
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2022
15.18.2.1. By Procedure
15.18.2.2. By Application
15.19. Japan
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2022
15.19.2.1. By Procedure
15.19.2.2. By Application
15.20. South Korea
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2022
15.20.2.1. By Procedure
15.20.2.2. By Application
15.21. GCC Countries
15.21.1. Pricing Analysis
15.21.2. Market Share Analysis, 2022
15.21.2.1. By Procedure
15.21.2.2. By Application
15.22. South Africa
15.22.1. Pricing Analysis
15.22.2. Market Share Analysis, 2022
15.22.2.1. By Procedure
15.22.2.2. By Application
15.23. Israel
15.23.1. Pricing Analysis
15.23.2. Market Share Analysis, 2022
15.23.2.1. By Procedure
15.23.2.2. By Application
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Procedure
16.3.3. By Application
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. GC Aesthetics
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.2. Mentor Worldwide LLC
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.3. Sientra Inc.
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.4. Zimmer Holdings Inc.
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.5. 3M Health Care
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.6. Allergan, Inc.
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.7. Implantech Associates Inc.
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.8. Institut Straumann AG
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.9. Nobel Biocare Holding AG
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.10. Spectrum Designs Medical
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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Cosmetology Market
