Colombia Microdermabrasion Devices Market Size & Outlook
Colombia microdermabrasion devices market, 2018-2030 (US$M)
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Colombia microdermabrasion devices market highlights
- The Colombia microdermabrasion devices market generated a revenue of USD 7.5 million in 2023 and is expected to reach USD 11.1 million by 2030.
- The Colombia market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, crystal was the largest revenue generating type in 2023.
- Crystal is the most lucrative type segment registering the fastest growth during the forecast period.
Microdermabrasion devices market data book summary
| Market revenue in 2023 | USD 7.5 million |
| Market revenue in 2030 | USD 11.1 million |
| Growth rate | 5.8% (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 |
Other key industry trends
- In terms of revenue, Colombia accounted for 1.4% of the global microdermabrasion devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil microdermabrasion devices market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 10.9 million by 2030.
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Microdermabrasion Devices Market Scope
Microdermabrasion Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Colombia microdermabrasion devices 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 microdermabrasion devices market will help companies and investors design strategic landscapes.
Crystal was the largest segment with a revenue share of 54.67% in 2023. Horizon Databook has segmented the Colombia microdermabrasion devices market based on crystal, diamond covering the revenue growth of each sub-segment from 2018 to 2030.
Bogota is the main hub of production and consumption of cosmetics in Colombia. Around 61% of all the companies in the sector are located in Bogota. Key drivers of esthetic industry in Colombia include rising middle-class population, increasing purchasing power, and growing adoption of personal grooming procedures by male population.
However, increasing demand for natural skin care products in the country is anticipated to limit the market growth. High preference for natural products & ingredients coupled with increase in awareness regarding long-term adverse effects of synthetic & harsh chemicals has led to a rise in the demand for home-made products & beauty solutions, thus limiting market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Colombia microdermabrasion devices market , including forecasts for subscribers. This country databook contains high-level insights into Colombia microdermabrasion devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Colombia microdermabrasion devices market size, by type, 2018-2030 (US$M)
Colombia Microdermabrasion Devices Market Outlook Share, 2023 & 2030 (US$M)
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