Aesthetic supplies USA. Beiersdorf predicts slowing sales growth for FY2024

Aesthetic supplies USA. Beiersdorf predicts slowing sales growth for FY2024

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THE WHAT? Beiersdorf has warned that sales growth is expected to slow over the course of FY2024 and is forecasting mid-single-digit percentage growth this year, after reporting a 10.8 percent increase for FY2023.

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THE DETAILS The Consumer Business Segment is expected to generate mid-single digit organic sales growth and the EBIT margin is expected to be 50bps higher than the previous year’s level.

THE WHY? According to a report published by Reuters, the German manufacturer of Nivea said that ‘more reasonable’ price increases coupled with high commodity prices and inflation as well as stretched shoppers would lead to softer demand.  

Aesthetic supplies USA refers to products and equipment used in the field of aesthetic medicine and cosmetic treatments that are available for purchase in the United States. These supplies encompass a wide range of items necessary for various aesthetic procedures and treatments conducted by professionals such as dermatologists, plastic surgeons, aestheticians, and other qualified practitioners.

Examples of aesthetic supplies include:

  • Dermal Fillers: Injectable substances used to restore volume and reduce wrinkles.

  • Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.

  • Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.

  • Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.

  • Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.

  • Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.

  • Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.

  • Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.

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