Skin Booster: Ingredient Trends Fueling Skin Booster Demand

Report Overview

Skin boosters are injectable treatments consisting of hyaluronic acid, vitamins, and minerals that are delivered into the skin's surface layer. These injections aim to hydrate, revitalize, and rejuvenate the skin, resulting in a natural, radiant appearance. The skin boosters market is projected to grow, driven by factors such as evolving beauty standards in both developed and developing nations, increased affordability of non-surgical cosmetic procedures, rising approvals for innovative skin booster formulations, and growing demand for aesthetic treatments among the aging population.

The brand and competitive analysis report, compiled by Grand View Research, is a collection of the trends and competitive scenario in more than 20 countries. Qualitative information regarding the trends, competitive strategies, existing competition, and pipeline analysis will be provided in the report. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports and summary presentations on individual areas of research.

Skin Booster Ingredient: Trends and Competitive Analysis Report Scope

Skin Booster Ingredient: Trends and Competitive Analysis Coverage Snapshot

Awareness of minimally invasive aesthetic procedures is surging, largely driven by targeted beauty campaigns from key market players. These innovative procedures are increasingly proving to be more effective and yielding better outcomes compared to conventional surgeries. The growth in demand is further enhanced by the introduction of insurance schemes that specifically cover aesthetic and cosmetic procedures, such as those offered by Hamilton Fraser, a UK-based company dedicated to insuring various treatments, including laser procedures, dermal fillers, and chemical peels.

In 2023, of the total 5.29 million procedures carried out for hyaluronic acid fillers (e.g., Juvederm Ultra, Ultra Plus, Voluma), 97% were for female patients. However, the number of men opting for these treatments has risen by 3% from 2022 to 2023 worldwide. This trend aligns with a broader movement towards gender equality and a more liberal mindset among millennials, suggesting promising growth for the skin boosters market in the region. In the Middle East, particularly in Dubai, there is a notable shift towards aesthetic enhancements for both men and women. Known as the “New Beverly Hills of the Middle East,” demand for non-invasive treatments such as fillers and laser hair removal is increasing. Clinics such as CosmeSurge are expanding, recently opening new locations in Abu Dhabi and Oman to meet this growing market.

Moreover, social dynamics play a significant role in influencing consumer behavior. Social media significantly influences the purchasing decisions of millennials, with peer recommendations playing a crucial role. According to HubSpot data from 2023, 50% of marketers engaged with influencers, emphasizing the increasing reliance on influencer marketing strategies. Furthermore, 31% of social media users indicated that they discovered new products through influencers. Remarkably, 76% of consumers are more likely to purchase online based on recommendations, with just 6% of influencers contributing to 50% of all social influence. Thus, continuous engagement with consumers on these platforms is essential for brands looking to promote their products effectively.

Consumer Behavior Analysis

A blend of shifting consumer preferences, demographic trends, and heightened interest in aesthetics and self-care drives the skin boosters market. With a rising demand for minimally invasive treatments that deliver rapid results, understanding consumer behavior and preferences is crucial for stakeholders aiming to capitalize on this burgeoning market.

Demographics

• Age and Gender: The primary target audience for the market is women aged 30 to 50; however, a notable trend of younger consumers, including men, are seeking these treatments for anti-aging and rejuvenation. Individuals in their late 20s to early 30s are increasingly proactive in exploring innovative solutions to enhance their skin’s health and appearance.

• Income and Occupation: The industry is characterized by affluent consumers belonging to middle-to-high-income brackets, driving market growth through elevated healthcare expenditure and personal spending. Key demographics include professionals from industries prioritizing personal appearance, such as beauty, fashion, and entertainment, with significant concentrations in urban areas and higher-income metropolitan regions.

Psychographics

• Beauty and Self-care Culture: The growing self-care culture emphasizes health and well-being, leading consumers to prioritize skincare as an essential aspect of their routines. Notably, the inclusion of men in this trend represents a positive shift towards broader acceptance of self-care practices.

• Social Influence and Peer Pressure: Celebrity endorsements and beauty influencers establish trends that drive individuals to pursue youthful beauty ideals. Influencers and beauty communities emphasize their benefits, fostering a sense of urgency and desire to try these treatments. The need for social acceptance and the fear of missing out on trending skincare practices motivate consumers to invest in products such as skin boosters.

• Values and Ethical Considerations: Consumers are increasingly drawn to brands that align with their values, especially in sustainability and ethical sourcing. The industry is witnessing a growing preference for products featuring natural and organic ingredients. Brands are responding by implementing transparent sourcing practices and eco-friendly packaging, exemplified by the rise of waterless beauty products that minimize environmental impact while delivering clean, effective skincare solutions.

Behavioral Factors

• Frequency of Use: Regular use of skin boosters fosters brand loyalty and enhances consumer understanding of product benefits, which drives repeat purchases and recommendations. Seasonal factors, such as summer or winter, may also influence demand based on specific skin concerns.

• Product Awareness and Education: Consumers seek products with hyaluronic acid, exosomes, collagen-stimulators, and other targeted boosters, prioritizing non-surgical, natural results. Educational content and user testimonials drive informed purchasing decisions and growing demand for innovative skincare solutions.

Motivations and Expectations

• Antiaging: Skin boosters combat visible signs of aging through deep hydration, enhanced collagen and elastin production, and improved skin texture. Their versatility allows treatment that delivers natural-looking results with minimal downtime, making them an appealing choice for those seeking effective, non-invasive solutions to maintain youthful skin.

• Enhancing Facial Features: Consumers value the natural-looking results of skin boosters, which facilitate targeted enhancements in different facial areas. This approach not only boosts self-confidence but also contributes to a youthful and vibrant appearance overall. 

Pricing Analysis

Ingredient Distributor Price

Note: The prices listed above represent an average distributor price, gathered through primary interviews and supplemented by a few secondary sources.

Skin Booster Treatment Price

Note: All the prices listed represent the cost per session. The range provided reflects the variability in pricing, which depends on factors such as the clinic's location, the number of sessions required, and other influencing variables. Exosome products are not FDA-approved, so the procedure price has only been included for Canada and Mexico in North America. Similarly, exosome skin boosters are generally not authorized for use in Europe due to the lack of regulatory approval from agencies such as the European Medicines Agency (EMA). As a result, only plant-based exosome skin booster injectables are approved for use in Europe.

Skin Booster Physician/Doctor/Aesthetician Price

Note: The prices listed above represent an average price. These fees are approximate and can differ depending on factors like the clinic’s reputation, its location, and the physician’s experience. Some clinics may include the consultation fee in the overall price, while others may charge it separately.

Some of the key developments recorded for the skin booster ingredient in the industry-