In recent years, the beauty and aesthetics industry has experienced a transformative boom. Over half a million aesthetic procedures were performed in the UK in 2023, with 7.7 million people having undertaken an aesthetic treatment and 13.9 million considering it in the next 12 months.
Here’s a closer look why now may be the ideal moment to buy an aesthetics business:
Growth Trajectory: The UK’s aesthetics industry is on a remarkable growth trajectory, with its market value estimated at £3.6bn in 2023 and forecasts predicting a rise to £5.4bn by 2026.
Technology: From non-invasive procedures like laser treatments and fillers to advanced skincare solutions, technology is revolutionising how consumers approach aesthetic procedures. This expands the potential clientele, making procedures safer, more affordable and quicker.
Diversifying Clientele: The aesthetics industry now caters to a variety of clients, from young adults seeking preventative treatments to older adults opting for rejuvenating procedures. Men are beginning to opt for aesthetic treatments, representing potential for expansion.
Flexible Business Models: Investing in an aesthetics business offers a level of flexibility that is rare in other industries. With the right strategy, an aesthetics business owner can adapt to market trends with relative ease.
While no investment is without its risks, the aesthetics industry presents a compelling opportunity for those thinking about entering the market. With a growth trajectory that shows no signs of slowing down, now is an ideal time to buy an aesthetics business.
As you consider this exciting new venture, Redwoods Dowling Kerr are on hand to find the ideal business for you. Find out more about why now is a good time to find your ideal aesthetics opportunity.