Selbyville, Delaware, Dec. 17, 2024 (GLOBE NEWSWIRE) —
The lip injection market size was valued at USD 3.18 billion in 2023, is projected to expand at a CAGR of 7.3% from 2024 to 2032. Lip injections, also known as lip augmentation procedures, enhance the size and the shape of the lips, providing a fuller, more attractive appearance.
Request a sample of this research report @
This improvement is achieved by both surgical and non-surgical techniques, with dermal fillers being a popular option. Market growth is fueled by society’s emphasis on natural aesthetics and beauty standards, particularly the trend towards fuller lips, which has increased the demand for lip enhancement treatments.
Several key factors support this growth of the lip market, including the rise in medical tourism, demand for cosmetic procedures, and the influence of social media and celebrity culture. Additionally, the growing aging population and increased awareness of the benefits of lip augmentation are driving consumer interest. Major contributors to the market include key product launches, high concentration of manufacturers, and strategic partnerships and acquisitions, which collectively drive industry expansion.
The lip injection market is segmented by product type, including collagen fillers, hyaluronic acid fillers, poly-L-lactic acid fillers, calcium hydroxyapatite fillers, and others. In 2023, the hyaluronic acid fillers segment generated revenue of USD 1.19 billion and is projected to grow at a CAGR of 8.6% from 2024 to 2032. This growth highlights the preference for non-surgical cosmetic options as hyaluronic acid fillers offer a safe, effective solution for fuller, more defined lips without extended downtime.
The lip injections market can also be segmented by procedure type into temporary and permanent augmentations. Temporary procedures accounted for approximately 64% of the market share in 2023, with a projected CAGR of 7.1% during the forecast period. Meanwhile, permanent options are expected to grow at a CAGR of 7.7%. The appeal of temporary augmentations lies in their reversibility, allowing consumers to try different aesthetic trends without committing to permanent changes.
Regionally, North America leads the lip injection market, with the US estimated at USD 1 billion in 2023 and expected to grow at a CAGR of 8.7% from 2024 to 2032. In the US, non-surgical cosmetic procedures such as lip injections are increasingly favored for quick recovery times and effective results. The growing number of beauty spas and clinics has also made these services more accessible, further boosting demand. Technological advances continue to enhance the safety and effectiveness of treatment, enhancing the appeal of lip injections in this area.
Request to adjust reference @
Major players in the lip injections market include Allergan, Bioplus, Galderma, Hugel, Hyamed, Ipsen, Medtox, Merz Pharma, Revance Aesthetics, Sinclair, Suneva Medical and Vivacy among others.
Partial Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Market Scope and Definitions
1.2 Basic estimates & calculations
1.3 Forecast Calculations
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid Sources
1.4.2.2 Public sources
Chapter 2 Summary
2.1 Industry Overview, 2021-2032
Chapter 3 Industry Insights
3.1 Analysis of industrial ecosystems
3.1.1 Factor affecting the value chain
3.1.2 Profit Margin Analysis
3.1.3 Disturbances
3.1.4 Future prospects
3.1.5 Manufacturers
3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit Margin Analysis
3.4 Key news and initiatives
3.5 Regulatory landscape
3.6 Impact forces
3.6.1 Development Guides
3.6.1.1 Increasing awareness of cosmetic procedures and skin treatments
3.6.1.2 Growing influence of social media and celebrity culture
3.6.2 Industry pitfalls and challenges
3.6.2.1 Regulatory challenges
3.6.2.2 Changing consumer preferences and ethical concerns
3.7 Analysis of growth potential
3.8 Porter’s analysis
3.9 PESTEL analysis
Browse more personal care industry reports @
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, USA, is a provider of global market research and consulting services, offering syndicated and custom research reports along with development consulting services. Business intelligence and industry research reports provide clients with insightful, actionable market data, tailored and presented to assist in strategic decision making. These comprehensive reports are designed through a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
