Industry Outlook
The global cosmetic threads market held US$ 87.14 Mn in 2020 and expected to grow at compound annual growth rate (CAGR) of 6.9% during the forecast period from 2021 to 2029. The cosmetic industry is highly driven by growth in the medical device technology in the cosmetic and aesthetic space and growing consumer demand for minimally invasive procedures. Cosmetic threads are one of the growing minimally invasive cosmetic surgical technique which offers skin rejuvenation and tightening of sagging body parts including face, thighs, arms, and other body parts. Moreover, time taken for the procedure is less and the procedure low cost as compared to traditional cosmetic surgeries. These factors are marking cosmetic threads procedures as a viable alternative to dermal fillers and Botulinum Toxin injections. Growing trends of beat aging with cosmetic procedures is the prime factor assisting the market. Additionally, other significant factors such as sedentary lifestyle, high disposable income and growing awareness of cosmetic procedures will further drive the market during the forecast period. The cost associated with cosmetic thread lift procedures varies in different region. In United States, the cosmetic thread procedures are in the nascent stage with number of spas and clinics coming up with various packages of the procedures. The cost of the procedure in the U.S. ranges from US$ 1,500 to US$ 4,500 depending area of procedure, while surgical facelifts cost around US$ 10,000. As per market experts, number of products and market players will enter the cosmetic threads market space due to growing demand for minimally invasive procedures in the cosmetic industry. The major drawback of the cosmetic threads is that the effectiveness of the procedure lasts only for 2 years making the procedure expensive as compared to surgical facelift in terms of its long-lasting nature. Moreover, it is difficult to reimburse cosmetic procedures which acts as restraining factor for the market.
Cone Threads to Display Fastest Growth Rate during the Forecast Period
In 2020, barbs threads held the largest share in the global cosmetic threads market due to availability of number of products in barb thread forms. Barb threads are suspension threads that pull back the skin when injected with a needle into the skin for threating ptosis. The area of application is mainly on the chin, jowls, eyebrow, and other parts of the face. Cone threads is projected to exhibit fastest growth rate during the forecast period owing to anticipated entry of product in the market. Sinclair Pharma’s Silhouette Soft product have cone sutures. Cone threads rejuvenate the skin by immediate positioning and production of collagen underneath the skin.
Europe Dominated the Global Cosmetic Threads Market
In 2020, Europe dominated the global cosmetic threads market owing to high demand of cosmetic threads and awareness regarding minimally invasive cosmetic procedures. Europe was also the first region to approve cosmetic threads due to rising consumer demand for non-surgical cosmetic therapies. U.K. held the largest share in Europe due to domicile of numerous cosmetic thread manufacturing companies in the region. Sinclair Pharma, headquarted in the U.K., have products such as Silhouette Soft and Silhouette InstaLift, were one of the first products to be approved in the Europe and North America. North America is projected to grow at fastest rate due to growing number of cosmetic spas and clinics offering cosmetic thread lift surgeries post approval of the procedures by U.S. Food and Drug Administration. Asia Pacific also emerged as one of the most lucrative market in cosmetic threads market due to high awareness of cosmetic threads in Thailand, South Korea, Japan and China. Moreover, low prices of cosmetic thread lift provide upper hand over surgical facelift in price sensitive regions such as Asia Pacific. Medical tourism for cosmetic surgeries is matured market in Asia Pacific which further drive the market in this region.
Historical & Forecast Period
This research report presents the analysis of each segment from 2019 to 2029 considering 2020 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segments calculated for the forecast period from 2021 to 2029.
Market is studied in order to understand the current dynamics and future trends in the global cosmetic threads market. The study includes market size and forecast for all considered segments presented in the report for the period from 2019 to 2029, along with respective compound annual growth rate (CAGRs) for the forecast period from 2021 to 2029, considering 2020 as the base year. The key players currently engaged in cosmetic threads market include Sinclair Pharma, Aptos International Ltd., Healux Corporation, Aesthetic Experts Lab, Gold Thread LLC, 1st SurgiConcept, Hansbiomed Co. Ltd., Intraline among others. The market is set to witness number of start-up companies venturing in the market space which will further spur the market growth. Moreover, growth strategies such as mergers, acquisitions, and collaboration which will further cosmetic threads market during the forecast period.
Key questions answered in this report
- How the global cosmetic threads market will perform during the forecast period from 2021 to 2029?
- What are the latest trends in the cosmetic threads market and valuable opportunities for key players?
- Who are the leading players in the global cosmetic threads market?
- Which is the leading/and fastest region in the global cosmetic threads market?
- Currently, what are the regulatory structure for the cosmetic threads?
- What are drivers and restrains governing the global cosmetic threads scanners market?
- What is the pricing structure of the cosmetic threads?
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Table of Contents
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Cosmetic Threads (CT) Market Dynamics and Outlook
Chapter 4. Global Cosmetic Threads (CT) Market, by Material, 2019-2029 (US$ Mn)
Chapter 5. Global Cosmetic Threads (CT) Market, by Product Type, 2019-2029 (US$ Mn)
Chapter 6. Global Cosmetic Threads (CT) Market, by Geography, 2019 - 2029 (US$ Mn)
Chapter 7. Company Profiles
Companies Mentioned
- Sinclair Pharma
- Aptos International Ltd.
- Healux Corporation
- Aesthetic Experts Lab
- Gold Thread LLC
- 1st SurgiConcept
- Hansbiomed Co. Ltd.
- Intraline