by Aesthetic threads are used in cosmetic threading techniques for skin lifting and tightening. Many of the popular techniques include thread lifting and face lifting treatments, which help reduce sagging skin, wrinkles and provide a more youthful appearance.
The global Aesthetic Thread Market is estimated to be valued at US$ 149.19 Bn in 2023 and is expected to exhibit a CAGR of 20.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends
Thread lifting technologies are witnessing increasing demand due to their minimally invasive nature. These techniques involve insertion of absorbable or dissolvable threads into the skin using very fine needles. The threads induce natural collagen production to gradually lift and tighten skin over weeks as the threads dissolve. Compared to surgical face lifts or deep plane facelifts, thread lifting procedures have lesser risks of bruising, infections and scarring. Moreover, the results last longer than other non-invasive treatments like Botox or fillers. The rising emphasis on aesthetic appearance and growing medical tourism are contributing to the popularity of thread lifting techniques globally.
SWOT Analysis
Strength: The aesthetic thread market has witnessed significant growth over the past few years owing to increasing consumer preference for cosmetic procedures.
Advanced technologies enable minimally invasive procedures reducing risks and recovery time.
Weakness: High costs associated with aesthetic thread procedures restrict their access to only high-income groups in many regions.
Risk of complications if not performed by trained professionals.
Opportunity: Rising medical tourism in countries like Thailand, South Korea provides an opportunity to serve international clientele.
Growing middle class populations in developing regions will boost the demand.
Threats: Economic slowdowns and downturns may discourage discretionary spending on cosmetic procedures.
Stringent regulations in some countries pose challenges.
Key Takeaways
The global Aesthetic Thread Market Share is expected to witness high growth.
The Asia Pacific region holds the major share of the global aesthetic thread market owing to the presence of leading manufacturers and a large consumer base in countries like China, Japan and South Korea. The Asia Pacific region is expected to grow at the highest CAGR during the forecast period.
Key players operating in the aesthetic thread market are BYD Co. Ltd, Aisin Seiki Co. Ltd., Toshiba Corporation, Toyota Motor Corporation, Tesla Inc., Hitachi Automotive Systems Ltd, Nissan Motor Co. Ltd, DENSO Corporation, BMW AG, Honda Motor Company Ltd, Robert Bosch GmbH, Mitsubishi Electric Corp., and Magna International Inc. These key players are investing in new product launches and focusing on partnerships and acquisitions to strengthen their market position.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
