Cosmetic threads are specialized threads used in cosmetic surgeries for lifting the sagged skin and obtaining a smoother- & younger-looking complexion. The procedure is minimally invasive and is used these days as an alternative for the surgical procedures. Most of the population in the age group of 30–60 are eligible for the thread lifting procedure. Generally used materials in the manufacturing of cosmetic threads include PDO (polydioxanone), PLA (polylactic acid) and caprolactone threads. The procedure is gaining popularity these days due to its shortened procedure time of less than an hour. The procedure is also popular as a lunch hour face lift or weekend face lift.
To understand the market, the report is categorically split into three sections viz. market analysis by product type, application, end users and region. With the rising trend of non-invasive surgical methods, the demand for thread lifting procedures is increasing. The cosmetic threads market accounted a value of US $84.5 Mn in 2017 and is projected to grow at a CAGR of 7.4% over the forecast period. The cosmetic threads market comprises companies operating at regional as well as international levels. The growth of the cosmetic threads market is dependent on the adoption rate of the procedure and launch of new safe, effective and economical products.
Factors impacting revenue growth of the global cosmetic threads market
The cosmetic threads market is dependent on various macro-economic factors, industry dynamics, technological advancements and the healthcare industry demand. The key manufacturers operating in the cosmetic threads market are focusing on acquisitions, mergers, expansion, product launches and development of new technologies. Affordability of the treatment, popularity of minimally invasive methods as well as continuous growth in the aesthetic industry are factors expected to support the growth of the cosmetic threads market over the forecast period. Some of the trends in the cosmetic threads market include the rise in personal care, introduction of new technologies and new 4D thread lifting technique. Affordability with reduced time, rising geriatric population and increasing use in the combination treatment approach are some of the major factors driving the growth of the cosmetic threads market. However, governmental regulations, associated risks and complications, lack of skilled professionals as well as popularity of other non-surgical methods are expected to restrict the growth of the cosmetic threads market. There are opportunities for the players in the cosmetic threads market for strengthening their distribution partner relationships, developing new technologies as well as focusing on marketing & branding their products.
Top regional markets for cosmetic threads
Europe is expected to hold maximum share in the global cosmetic threads market in terms of value followed by the Latin America as the product has been in these markets for a long time. These both regions are established markets for cosmetic threads. North America is expected to grow at a significant CAGR over the forecast period due of the recent FDA approval for the technique and growing traction for the minimal invasive procedures. This is followed by Asia-Pacific as the region has presence of numerous cosmetic thread manufactures and is witnessing significant growth in the aesthetic industry. The MEA is expected to account for low market share as well as growth rate over the forecast period.
This Persistence Market Research (PMR) report examines the ‘Cosmetic Threads Market’ for the period of 2013–2026. The primary objective of the report is to offer updates and information related to market opportunities in the global cosmetic threads market.
The Global Cosmetic Threads Market has been segmented based on:
The report analyzes the global cosmetic threads market in terms of value (US$). The report begins with the market definition and explaining different product types. Recent developments and major global trends in the cosmetic threads market enable the client to identify the overall market scenario in various regions. The product type assessment section is designed to provide a client with analysis of historical evolution of the cosmetic threads in the market and possible future growth opportunities. The market dynamics section includes PMR’s analysis on key trends, drivers, restraints, opportunities and macro-economic factors influencing the global market. Impact analysis of the key growth drivers and restraints based on weighted average model has also been included in the report to better equip clients with crystal clear decision-making insights.
The next section of the report analyzes the market based on product type and presents the forecast in terms of value for the next 8 years. The product types covered in the report include:
The barb & cone threads is expected to be the dominant product type segment in the global cosmetic threads market with a high share as well as growth over the forecast period. This is due to availability of large number of products with high efficacy. However, the preference of threads depends on the cosmetologist performing the procedure and the area of lifting.
The next section of the report analyzes the market based on application type and presents the forecast in terms of value for the next 8 years. The application types covered in the report include:
The facelift application segment is expected to be the leading segment in the global cosmetic threads market with a high revenue share as well as market growth over the forecast period. This is due to the high demand of facelift as there is also an ongoing trend of restoring facial beauty and reverse the signs of aging.
The next section of the report analyzes the market based on the end users and presents the forecast in terms of value for the next 8 years. The end users covered in the report include:
The ambulatory surgical centers end-use segment is expected to gain high market share for cosmetic threads owing to increasing preference of people for day-care centers, which help in saving time and money. This is followed by the specialty clinics and hospitals segments.
The next section of the report analyzes the market based on the regions and presents the forecast in terms of value for the next 8 years. The regions covered in the report include:
In addition, we have taken into consideration the year-on-year growth to understand the predictability of the market and to identify the right growth opportunities in the global market.
Another key feature of this report is the analysis of key segments in terms of market attractiveness index. This is the combination of market share index and CAGR of an individual segment and provides the incremental opportunity of the particular segment in the overall market. This parameter is very critical for assessing the level of opportunity that a player in the market can look to achieve, as well as to identify potential resources from the sales and delivery perspective of the products. The resulting index helps clients to identify the real market opportunities.
In the final section of the report on the global cosmetic threads market, the ‘Competitive Landscape’ is included to provide report audiences with a dashboard view, to access the key differentiators among the competitor firms. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in different products for the cosmetic threads market and participants across the value chain. Moreover, this section also includes market strategies and SWOT analysis of the major players in the market. Detailed profiles of the providers of cosmetic threads are also included in the scope of the report, to evaluate their long-term and short-term strategies.