Market revenue in 2023 | USD 305.1 million |
Market revenue in 2030 | USD 529.9 million |
Growth rate | 8.2% (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 |
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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 56.34% in 2023. Horizon Databook has segmented the UK lip augmentation market based on temporary, permanent covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Telegraph, the U.K beauty & cosmetic industry contributed £30 billion to the U.K economy in 2019 and is the 6th largest market for aesthetic and personal care. The Botox & dermal fillers industry in the UK is currently valued £2.75 billion and account for 9 out of 10 procedures.
However, the overall aesthetic industry in the country is highly unregulated. For instance, treatments can be provided by anyone, irrespective of their qualifications and expertise in the field. This factor imparts a threat to the industry According to the British Beauty Council, demand and innovation in the aesthetic segment has boosted the market growth establishing a global cultural footprint.
Rising Social media prevalence has also emerged out to be a major factor in influencing people to opt for aesthetic procedures. Furthermore, there is an increased demand for medical aesthetic procedures provided by beauty salons, with a constant plea to upgrade to more reliable & effective aesthetic equipment in the UK.
Horizon Databook provides a detailed overview of country-level data and insights on the UK lip augmentation market, including forecasts for subscribers. This country databook contains high-level insights into UK lip augmentation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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