China Lip Augmentation Market Size & Outlook, 2023-2030
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China lip augmentation market highlights
- The China lip augmentation market generated a revenue of USD 240.4 million in 2023 and is expected to reach USD 431.8 million by 2030.
- The China market is expected to grow at a CAGR of 8.7% 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 240.4 million |
| Market revenue in 2030 | USD 431.8 million |
| Growth rate | 8.7% (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, China accounted for 3.5% 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 Asia Pacific, South Korea lip augmentation market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 402.7 million by 2030.
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Lip Augmentation Market Scope
Lip Augmentation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Laboratoires Vivacy | View profile | 101-250 | Paris, Ile-de-France, France, Europe | https://vivacylab.com/en/ |
| Sinclair Pharma plc | View profile | 501-1000 | London, England, United Kingdom, Europe | http://www.sinclairpharma.com/ |
| Teoxane Laboratories Geneva | View profile | 251-500 | Geneva, Geneve, Switzerland, Europe | https://www.teoxane.com |
| Suneva Medical | View profile | 101-250 | San Diego, California, United States, North America | http://sunevamedical.com |
| Merz Pharma | View profile | 5001-10000 | Deutsch, Sachsen, Germany, Europe | http://www.merz.com |
| Allergan | View profile | 10001+ | Madison, Wisconsin, United States, North America | http://www.allergan.com |
| Nestle SA | View profile | 270000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | https://www.nestle.com |
China 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 56.53% in 2023. Horizon Databook has segmented the China lip augmentation market based on temporary, permanent covering the revenue growth of each sub-segment from 2018 to 2030.
This growth can be attributed to the increasing demand for antiaging and antipollution skin care products. In China, the number of aesthetic and lip augmentation procedures are soaring by a staggering 7.9% per year, according to the South China Morning Post.
Approximately 23% of the population in China is geriatric, which is expected to boost the adoption of aesthetic and lip filler procedures, leading to market growth. China’s growing middle class population is showing higher purchasing power and is also more inclined to buy quality products and their expenditure on skincare is more than double the global average, making the country the world’s third largest aesthetic market after the U.S and Japan According to a report by Chinese Magazine Sixth Tone, out of 22 million people who underwent for aesthetic procedures like facelifts, lip augmentation, rhinoplasty etc., 54% (12 million) people were under the age of 28 years and teenagers accounted for 8 %, the major reason being increasing workplace competition.
Moreover, social media apps such as Instagram, WeChat, Snapchat, and others have changed the way how people in China perceive their appearance. The online cosmetic surgery apps Gengmei and So Young saw a steep rise in the number of users and certified doctors joining their app, indicating the strong growth that will be exhibited in this market.
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Target buyers of China lip augmentation market databook
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Our clientele includes a mix of lip augmentation market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China lip augmentation market, including forecasts for subscribers. This country databook contains high-level insights into China lip augmentation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China lip augmentation market size, by type, 2018-2030 (US$M)
China Lip Augmentation Market Share, 2023 & 2030 (US$M)
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