Argentina Lip Augmentation Market Size & Outlook, 2023-2030
Argentina lip augmentation market, 2018-2030 (US$M)
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Argentina lip augmentation market highlights
- The Argentina lip augmentation market generated a revenue of USD 46.7 million in 2023 and is expected to reach USD 82.1 million by 2030.
- The Argentina market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
- In terms of segment, temporary was the largest revenue generating type in 2023.
- Temporary is the most lucrative type segment registering the fastest growth during the forecast period.
Lip augmentation market data book summary
| Market revenue in 2023 | USD 46.7 million |
| Market revenue in 2030 | USD 82.1 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | Temporary |
| Fastest growing segment | Temporary |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Temporary, Permanent |
| Key market players worldwide | Allergan, Nestle SA, Teoxane Laboratories Geneva, Suneva Medical, Sinclair Pharma plc, Merz Pharma, Laboratoires Vivacy |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.7% of the global lip augmentation market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil lip augmentation market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,194.6 million by 2030.
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Lip Augmentation Market Scope
Lip Augmentation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Argentina lip augmentation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lip augmentation market will help companies and investors design strategic landscapes.
Temporary was the largest segment with a revenue share of 56.75% in 2023. Horizon Databook has segmented the Argentina lip augmentation market based on temporary, permanent covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina comes 3rd when it comes to Lip Augmentation Market after Brazil, Mexico, and Colombia. Like other business sectors in Argentina, the aesthetic market has been negatively impacted due financial crisis leading to low spending power and depressed consumer sentiments.
Argentina’s currency fell by 25 % in the year 2019, however, it is considered to be one of the emerging markets by WHO. For many years, the Aesthetic industry in Argentina remained stagnant as disposable income has decreased significantly. Many economic reforms have been undertaken to reduce inefficiencies and increase productivity in the county.
As of 2018, a total of 198,536 injectable procedures were carried out in Argentina, according to the International Society of Aesthetic Plastic Surgery. Argentina is a market showcasing readiness towards adoption of advanced technologies and new global trends but due to growing urban poverty the market growth is expected to be sluggish.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina lip augmentation market, including forecasts for subscribers. This country databook contains high-level insights into Argentina lip augmentation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina lip augmentation market size, by type, 2018-2030 (US$M)
Argentina Lip Augmentation Market Share, 2023 & 2030 (US$M)
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