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.

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.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Cosmetic Threads market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Cosmetic Threads market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Cosmetic Threads market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Cosmetic Threads market?
• Which is the largest regional market for Cosmetic Threads market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Cosmetic Threads market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Cosmetic Threads market worldwide?