The Europe Skin Tightening Products Market would witness market growth of 10.2% CAGR during the forecast period (2023-2029).
The demand for a more youthful appearance without going through surgery, less downtime, and fewer risks and consequences compared to invasive procedures are why nonsurgical skin tightening treatments are becoming increasingly popular. Additionally, due to technological improvements, nonsurgical skin tightening procedures are now more effective, widely available, less painful, and have fewer side effects.
Skin tightening creams come in various forms, some containing synthetic components like silicones and polymers and others containing natural ingredients like alpha hydroxy acids, retinol, and peptides. Some skin tightening treatments also contain extra chemicals, including anti-inflammatories and antioxidants, to protect the skin and enhance its overall appearance. Consumers are becoming more prepared to spend money on items that can enhance the look and health of their skin as their understanding of skincare's significance has grown in recent years.
With new components and delivery mechanisms being developed to increase their effectiveness, considerable advancements in the technology utilized to create skin tightening creams have been made. In addition, rising incomes in many parts of the world have made it easier for customers to acquire more expensive skincare items, such as skin tightening lotions.
The demand for cosmetic products has increased due to lifestyle changes, rising disposable income, and urbanization. According to estimates, the personal & beauty care sector will boost the European economy by €29 billion annually. Cosmetics production generates €11 billion in direct contributions and €18 billion in supply chain effects. Additionally, this industry provides more than 2 million jobs. By 2020, 1.69 million individuals, or 229,400, would be employed along the value chain for cosmetics.
Most of Europe's 500 million consumers frequently utilize personal and cosmetic care products to maintain their health and increase their self-esteem. It has also contributed to the flourishing and development of the Italian cosmetics sector. These elements support the growth of the skin tightening products market in Europe
The Germany market dominated the Europe Skin Tightening Products Market by Country in 2022; thereby, achieving a market value of $88 million by 2029. The UK market is poised to grow at a CAGR of 9.3% during (2023 - 2029). Additionally, The France market would showcase CAGR of 11% during (2023 - 2029).
Based on Product Type, the market is segmented into Serums, Face Oils, Creams/Lotions and Others. Based on Application, the market is segmented into Face Lifting, Anti- Ageing, and Others. Based on Distribution Channel, the market is segmented into Specialty Stores, Pharmacies, Online Sales Channel and Supermarkets/Hypermarkets. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Skin Tightening Products Market is Projected to reach USD 1.3 Billion by 2029, at a CAGR of 10.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include L'Oreal Group (SkinCeuticals), Johnson & Johnson (Neutrogena), The Procter and Gamble Company (Olay), Estee Lauder Companies, Inc., Murad, LLC (Unilever PLC), Bausch Health Companies, Inc., Merz Pharma GmbH & Co. KGaA, Crown Laboratories, Inc. (Strivectin), Clarins Group SA, Dr. Dennis Gross Skincare, LLC.
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