PUBLISHER: Grand View Research | PRODUCT CODE: 1446528
PUBLISHER: Grand View Research | PRODUCT CODE: 1446528
The Europe skin boosters market is anticipated to reach USD 549.5 million by 2030 and is anticipated to expand at a CAGR of 9.2% during the forecast period, according to a new report by Grand View Research, Inc. The increasing emphasis on aesthetic appearance and increasing preference towards non-surgical procedures are major driving factors for market growth.
The development of the cosmetic industry in the region is further expected to drive the demand for these products. For instance, according to the statistics published by the British Beauty Council, the cosmetic and personal care sector contributed approximately USD 26.4 billion to the country's GDP in 2022.
In addition, the initiatives by different governments to ensure the safety of these products and treatments and the launch of technologically advanced products by the global and local players are further expected to drive the demand for various skin boosters. For instance, in January 2023, Galderma launched FACE, an aesthetic visualization application that helps stimulate the results of injectable treatments in real time through digital facial assessments.