South Korea aesthetic injectables market poised for 12% CAGR through 2034, forecasts GlobalData
South Korea’s adoption of hybrid hyaluronic acid fillers drives growth in aesthetic injectables market, reveals GlobalData
With an increasing emphasis on achieving natural and youthful aesthetics, the demand for innovative solutions in skin rejuvenation is rapidly growing. Hybrid hyaluronic acid fillers are emerging as game-changers, offering more than hydration and volume restoration. As South Korea progresses in adopting advanced formulations to support skin health, the aesthetic injectables market is projected to grow at a compound annual growth rate (CAGR) of around 12 per cent through 2033, according to GlobalData.
GlobalData’s report on Aesthetic Injectables Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033 reveals that South Korea holds around 13 per cent of the Asia-Pacific aesthetic injectables market share in 2024.
Aditi Dakshesh Parikh, Medical Devices Analyst at GlobalData, states, “Hybrid hyaluronic acid injectables represent a paradigm shift in aesthetic medicine, moving beyond traditional hydration to actively revive and transform the skin from within. Hyaluronic acid’s hydration capabilities along with its recovering power, offer a dual-action approach that aligns with the growing trend of personalised skin care and thus paves the way for a new era of aesthetics, where treatments are as much about regeneration as they are about refinement.”
Against this backdrop, South Korea-based Maypharm has introduced Hyalmass Aqua Exosome, a hybrid hyaluronic acid filler that incorporates regenerative exosomes and polydeoxyribonucleotide. This formulation is designed to restore volume and smoothness while promoting skin health at a cellular level. Hyalmass Aqua Exosome targets common signs of aging, including fine lines and reduced elasticity.
Parikh concludes, “Renowned for its innovative strides in beauty and skin care, South Korea is poised to maintain its influence in the global injectables market by introducing solutions that emphasise sustainable skin health and rejuvenation. With ongoing advancements, the industry’s efforts are expected to center on creating products that offer comprehensive benefits while aligning with the dynamic preferences of today’s consumers.”