New York, March 30, 2023 (GLOBE NEWSWIRE) -- As per Persistence Market Research, the global facial wrinkle treatment market was valued at US$ 77.2 billion in 2022 and is projected to surge ahead at a CAGR of 17.9% between 2023 and 2033.Facial Wrinkle Treatment Market is expected to reach US$ 472.2 billion by the end of 2033
Demand for minimally invasive cosmetic treatment procedures is increasing significantly. Dermatologists prefer to treat skin diseases with topical applications or less invasive procedures rather than surgical methods. The most frequently used procedure involving the application of botulinum toxin and dermal filler leads to wrinkle reduction with volume restoration. Social media and mainstream media are the main channels used to reach and influence customers, encouraging them to start early in their efforts to delay the onset of aging.
Growing demand for non-invasive facial wrinkle treatments, easier product approvals, and advancements in technology are boosting strategic activities like distribution and collaboration agreements among manufacturers.
The growth of the facial wrinkle treatment market has been driven by the contribution of dermatology laser equipment and advanced skincare technologies, which have led to various applications of cosmetic treatments. Additionally, the growing demand for skin resurfacing and rejuvenation has prompted the development of some highly innovative solutions.
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Developments include several product launches every year.
Companies operating in the facial wrinkle treatment market are focusing on adopting effective strategies to develop new products and expand their distribution network. They focus on product distribution and collaboration agreements with other market players to enhance their position in the facial wrinkle treatment market.
For instance:
Key Takeaways from Market Study
Due to the rising number of minimally invasive procedures and skin treatments being performed worldwide, the facial wrinkle treatment market is expected to exhibit significant growth over the coming years, according to a researcher at Persistence Market Research.
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Market Competition
Key market participants such as Unilever, Givaudan SA, and LOreal who are manufacturing and bringing new products into their portfolios are prioritizing product development technologies, partnerships, collaborations, mergers, and acquisitions.
What Does the Report Cover?
Persistence Market Research offers a unique perspective and actionable insights into the facial wrinkle treatment market in its latest study, presenting a historical demand assessment for 2017 to 2022 and projections for 2023 to 2033.
The research study is based on
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For additional insights on how the growth of the facial wrinkle treatment market will unfold over the decade, write to the analyst atmedia@persistencemarketresearch.com
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Original post:
Facial Wrinkle Treatment Market Size To Hit US$ 472.2 billion By ... - GlobeNewswire
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