Cellulite refers to the dimpled appearance of skin, most commonly seen on hips, thighs and buttocks. It occurs due to the fibrous septae, or connective tissue, pulling unevenly on skin and creating a “mattress phenomenon” visual. Many people opt for cellulite treatment to get rid of the unwanted appearance. Non-invasive treatments include massages, radiofrequency treatment, laser treatment and others. These treatments work by targeting fat and connective tissues below the skin to reduce the appearance of cellulite.
The global Cellulite Treatment Market is estimated to be valued at US$ 2.15 Bn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends in the cellulite treatment market is the rising adoption of non-invasive treatments. Procedures like radiofrequency, low-level laser therapy and others are gaining popularity as they do not require downtime and multiple sessions. These treatments work by stimulating collagen production to tighten skin and breaking down fat cells for a smoother look. Furthermore, growing awareness about appearance aesthetics is driving people’s interest in cellulite treatments. Social media and celebrities openly discussing cellulite has normalized the condition and encouraged seeking treatment. Rising disposable incomes also allow more people to opt for such procedures.
Porter’s Analysis
Threat of new entrants: The cellulite treatment market requires high investment costs for R&D and manufacturing facilities which acts as a barrier for new entrants.
Bargaining power of buyers: The bargaining power of buyers is moderate as there are several established players offering different treatment options for cellulite.
Bargaining power of suppliers: The bargaining power of suppliers is low due to presence of multiple suppliers for raw materials and components used in cellulite treatment products.
Threat of new substitutes: The threat of new substitutes is low as there are limited treatment options available for cellulite currently.
Competitive rivalry: The competitive rivalry is high due to presence of established global as well as local players offering diverse cellulite treatment products.
Key Takeaways
The Global Cellulite Treatment Market Size is expected to witness high growth, exhibiting CAGR of 11% over the forecast period, due to increasing adoption of non-invasive cellulite treatment procedures.
The North America region currently dominates the cellulite treatment market globally. However, Asia Pacific region is expected to witness highest growth rate during the forecast period, owing to growing medical tourism sector and rising disposable income in populous countries such as China and India.
Key players operating in the cellulite treatment market are Cutera,Tanceuticals,Merz Pharmaceuticals, LLC,Candela Corporation,Nestle,Inceler Medikal Co Ltd.,Mentor Worldwide LLC,Shanghai Fosun Pharmaceutical (Group) Co. Ltd.,Zimmer Aesthetics,Allergan,Hologic Inc,Nubway Co. Ltd. Cutera Corporation is one of the leading player offering diverse portfolio of cellulite treatment systems including truSculpt flexible iD, truSculpt, Cellulaze and others.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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