According to a new report, published by KBV research, The Global Skin Tightening Products Market size is expected to reach $1.3 Billion by 2029, rising at a market growth of 10.4% CAGR during the forecast period.
The Creams/Lotions market is estimated to grow at a CAGR of 11.2% during (2023 - 2029). Instead of more invasive treatments like surgery or injections, which may be uncomfortable, expensive, and necessitate a large amount of recovery time, some opt to tighten their skin with creams and lotions. Retinol, peptides, hyaluronic acid, and antioxidants, known to have skin-tightening or anti-ageing properties, are used to formulate many creams and lotions.
The Face Lifting market is leading the Global Skin Tightening Products Market by Application in 2022; thereby, achieving a market value of $594.2 million by 2029. Age-related changes to the muscles, skin, bones, and fat that make up the facial structure result in a loss of volume, elasticity, and softness. As a result, customers favor skin-tightening products with hyaluronic acid, retinoid, and peptides as components because they improve the texture & appearance of the skin, giving it a more youthful and radiant appearance.
The Online Sales Channel market would experience a CAGR of 10.8% during (2023 - 2029). The recent shift in customer choice towards online channels results from the conveniences offered by the channel, including significant savings, the availability of a wide variety of products on a single platform, simple payment options, door-to-door delivery, and others.
The North America market dominated the Global Skin Tightening Products Market by Region in 2022; thereby, achieving a market value of $439.6 million by 2029. The Europe market is poised to grow at a CAGR of 10.2% during (2023 - 2029). Additionally, The Asia Pacific market would showcase a CAGR of 10.9% during (2023 - 2029).
Full Report: https://www.kbvresearch.com/skin-tightening-products-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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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