India Lip Augmentation Market Size & Outlook, 2023-2030
India lip augmentation market, 2018-2030 (US$M)
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India lip augmentation market highlights
- The India lip augmentation market generated a revenue of USD 121.6 million in 2023 and is expected to reach USD 216.2 million by 2030.
- The India market is expected to grow at a CAGR of 8.6% 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 121.6 million |
| Market revenue in 2030 | USD 216.2 million |
| Growth rate | 8.6% (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, India accounted for 1.8% 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 |
|---|
India 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 56.5% in 2023. Horizon Databook has segmented the India lip augmentation market based on temporary, permanent covering the revenue growth of each sub-segment from 2018 to 2030.
India’s cosmetic industry is the fastest growing sector today. The aesthetic industry in the country is currently worth USD 0.31 billion. Key market drivers include increasing greater affordability of aesthetic medicine products, rising beauty concerns among men & women along with disposable income & awareness about aesthetic procedures.
The rising competition among key players for the development and launch of advanced procedures and no restrictions in the import of cosmetic products or devices will eventually fuel the market. According to the International Society of Aesthetic Plastic Surgery, in 2018, a total of 215,717 injectable filler procedures were carried out in India.
However, people in countries such as India are highly conscious of divulging that they have undergone any facial treatment due to lack of acceptance from people. Majority of people in India still mostly prefer Ayurveda and its products for skin care and have beliefs that artificial aesthetic treatment will do more Harm than good.
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Our clientele includes a mix of lip augmentation market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the India lip augmentation market, including forecasts for subscribers. This country databook contains high-level insights into India lip augmentation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India lip augmentation market size, by type, 2018-2030 (US$M)
India Lip Augmentation Market Share, 2023 & 2030 (US$M)
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