Argentina Skin Resurfacing Market Size & Outlook, 2020-2027
Argentina skin resurfacing market, 2016-2027 (US$M)
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Argentina skin resurfacing market highlights
- The Argentina skin resurfacing market generated a revenue of USD 4.3 million in 2020 and is expected to reach USD 7.7 million by 2027.
- The Argentina market is expected to grow at a CAGR of 8.6% from 2021 to 2027.
- In terms of segment, ablative was the largest revenue generating type in 2020.
- Non-Ablative is the most lucrative type segment registering the fastest growth during the forecast period.
Skin resurfacing market data book summary
| Market revenue in 2020 | USD 4.3 million |
| Market revenue in 2027 | USD 7.7 million |
| Growth rate | 8.6% (CAGR from 2020 to 2027) |
| Largest segment | Ablative |
| Fastest growing segment | Non-Ablative |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ablative, Non-Ablative |
| Key market players worldwide | Alma Lasers Ltd, Cynosure, Altair Engineering Inc Class A, Cutera Inc, Lynton Lasers, UltraShape Ltd. (Syneron Medical), LUTRONIC, Sciton, Quanta, Lumenis |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.9% of the global skin resurfacing market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Latin America, Brazil skin resurfacing market is projected to lead the regional market in terms of revenue in 2027.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 7.7 million by 2027.
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Skin Resurfacing Market Scope
Skin Resurfacing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Argentina skin resurfacing 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 skin resurfacing market will help companies and investors design strategic landscapes.
Ablative was the largest segment with a revenue share of 58.14% in 2020. Horizon Databook has segmented the Argentina skin resurfacing market based on ablative, non-ablative covering the revenue growth of each sub-segment from 2016 to 2027.
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, according to the International Society of Aesthetic Plastic Surgery 2018 statistics, nearly 9,955 full field ablative and around 7,961 micro ablative resurfacing procedures were performed in the country. In addition, various aesthetic and consumer skin care companies are investing in the country in order to expand their presence in Latin America region.
For instance, in 2016, Procter & Gamble announced investment of nearly USD 50 million for expansion of its manufacturing capabilities in the country. Thus, the high number of procedures coupled with investments by market players indicates a huge opportunity for market players.
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Our clientele includes a mix of skin resurfacing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina skin resurfacing market, including forecasts for subscribers. This country databook contains high-level insights into Argentina skin resurfacing market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Argentina skin resurfacing market size, by type, 2016-2027 (US$M)
Argentina Skin Resurfacing Market Share, 2020 & 2027 (US$M)
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