Market revenue in 2023 | USD 6.9 million |
Market revenue in 2030 | USD 10.9 million |
Growth rate | 6.6% (CAGR from 2023 to 2030) |
Largest segment | Crystal |
Fastest growing segment | Crystal |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Crystal, Diamond |
Key market players worldwide | Johnson & Johnson, Psychemedics Corp, Lumenis, Koninklijke Philips NV, Skin For Life, Altair Instruments, Dermaglove, Silhouet Tone USA, Envy Medical, Inc., The Beauty Health Co Ordinary Shares - Class A |
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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 microdermabrasion devices market will help companies and investors design strategic landscapes.
Crystal was the largest segment with a revenue share of 55.07% in 2023. Horizon Databook has segmented the Argentina microdermabrasion devices market based on crystal, diamond covering the revenue growth of each sub-segment from 2018 to 2030.
For many years, cosmetic and personal care industry in Argentina remained stagnant, and in some areas, highly challenged. With an average inflation rate of 25.8%, the country witnessed recession, reducing the purchasing power of customers and increasing purchase of local products.
Nonetheless, various esthetic and consumer skin care companies are investing in the country in order to expand their presence in Latin America region, which is anticipated to fuel the market growth.
For instance, in 2016, Procter & Gamble announced investment of nearly USD 50 million for expansion of its manufacturing capabilities in the country, while in 2012, Shiseido entered into Argentina market to strengthen its presence in Latin America.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina microdermabrasion devices market , including forecasts for subscribers. This country databook contains high-level insights into Argentina microdermabrasion devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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