Aesthetic Threads Market size is projected to reach USD billion by the end of 2029, with growth at a CAGR of 7.4% during the forecast period 2022-2029.
North America dominated the major aesthetic threads market, with the United States a major contributor. Though relatively new, thread lift is one of the fastest-growing cosmetic procedures in the United States. It has received much significance for many years, which may boost the aesthetic threads market in the coming years.
The growth of the aesthetic threads market can be attributed to the increasing use of minimally invasive treatments for anti-aging, face lifting, and face rejuvenation. The increasing use of minimally invasive treatments is expected to hold the largest share in this market segment. For instance, as per the International Society of Aesthetic Plastic Surgery 2020 report, 419,046 facelift procedures were performed globally.
COVID-19 outbreak has adversely impacted the industry, and the supply chains of several medical companies are on hold or at risk of being held up. The beauty and personal care (BPC) industry declined during the COVID-19 outbreak, but the impact was not as severe as in other industries. Though consumer discretionary spending decreased, the BPC market saw a behavioral shift toward safe and reliable products.
The global aesthetic threads market is moderately competitive with the presence of local as well as global companies. Some of the key players which are contributing to the growth of the market include Aptos International Ltd, Croma Pharma GmbH, Sinclair Pharma, River Aesthetics, Spring Thread, Healux Corporation, Menarini Group, Metro Korea Co. Ltd, N-Finders Co. Ltd, Medical Aesthetic Group.
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