Boxcar Scars Market size is estimated to reach USD 36.25 Billion by the end of 2036, growing at a CAGR of 8% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of boxcar scars was over USD 12 Billion. The prevalence of acne worldwide has led to a considerable number of people acquiring boxcar scars, which has increased demand for scar treatment alternatives. As per the recent reports, nearly one in five of the total population has acne scars across the globe.
The demand for cosmetic surgeries and treatments targeted at resolving different skin concerns, such as acne scars, tends to increase with the age of the population. Older people may care more about how they look and are more prepared to spend money on procedures that can smooth out their skin and lessen aging symptoms. As a result, it is projected that the market will expand due to population aging.
According to the WHO, 1 in 6 persons worldwide will be 60 years of age or older by 2030. At this point, there will be 1.4 billion people over the age of 60, up from 1 billion in 2020. The number of individuals in the world who are 60 years of age or older is expected to double (to 2.1 billion) by 2050.
Author Credits: Radhika Pawar
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