If you are in the world of cosmetics or thinking about getting involved? It might be good to know that the estimated growth for medical aesthetics is estimated to grow at a CAGR of 10.8% during 2016 to 2021 and reach USD 13.29 Billion.
Supply the Demand
Medical aesthetic devices are used to improve the cosmetic appearance through the treatment of conditions such as liver spots, excess fat, scars, skin laxity, wrinkles, moles, cellulite, unwanted hair, spider veins, and skin discolorations. Applications for these minor or normal body imperfections has become big business. As self conscious beings, visuals from all media channels and normal social settings is making these changes become the norm.
A full report analysing market segments is available on www.marketsandmarkets.com. Just follow the link above. Sectors on the increase include:
- Energy-based Devices
- Liposuction Devices
- Cellulite Reduction Devices
- Non-surgical Fat Reduction Devices
- Non-Surgical Skin Tightening Devices
- Breast Implants
- Silicone Breast Implants
- Saline Breast Implants
- Cohesive Semi-Solid Gel Implants
- Facial Aesthetics
- Botulinum Toxin
- Dermal Fillers
- Chemical Peel
- Tattoo Removal
- Physician-dispensed cosmeceuticals and skin lighteners
- Physician-dispensed eyelash products
- Thread lift products
- Laser resurfacing devices
- Laser hair removal devices
- Clinics and Medical spas
- Beauty Centres
Factors Worth Mentioning
As the growing population rely on simple, straight forward procedures for health and medical aesthetics. Both male and females have an increased awareness of technological advancements within the industry. This has lead to a growing marketing share within many sectors of the industry. The current population is also living longer which has also lead to a huge increase in plastic surgery, after care products and ongoing care such as botox.
A Raepak Solution
At Raepak we have noticed an increase in our smaller stock product bottle ranges. We have a huge demand for cosmetic dispensing application such as foamer bottles and powder sprays. Our product innovations including the new roller ball application have also seen a huge demand on sample request.