Medical aesthetic products. Puig revenues exceed €3,600 million in 2022; net income reaches €400 million 

Buy botox wholesale

THE WHAT? Puig has announced revenues in excess of €3,600 million for 2022, with net income reaching €400 million.

THE DETAILS Revenues increased by 40 percent compared to 2021 while net income grew by 71 percent. 

In terms of categories, fragrances and fashion accounted for 74 percent, make-up 17 percent and skincare 9 percent. 

Aesthetica price list

Geographically, EMEA made up 54 percent of sales, Americas 36 percent, while Asia was 10 percent. 

THE WHY? Puig is the latest luxury house to report soaring results, joining the likes of Hermès and Farfetch. 

The strong 2022 figures were attributed to Puig reinforcing its brand portfolio through the acquisition of a majority stake in the Swedish luxury brand Byredo and the incorporation of the wellness brands Kama Ayurveda and Loto del Sur.

Medical aesthetic products refer to a category of products used in the field of medical aesthetics, which combines medical practices with cosmetic procedures to improve the appearance of individuals. These products are typically used under the supervision of trained medical professionals such as dermatologists, plastic surgeons, or specialized nurses. They are distinct from over-the-counter cosmetics in that they often contain higher concentrations of active ingredients or require medical expertise for their application.

Examples of medical aesthetic products include:

• Dermal Fillers: Injectable substances used to restore volume, fill wrinkles, and enhance facial contours. These may include hyaluronic acid fillers like Juvederm or collagen-stimulating fillers like Sculptra.

• Botulinum Toxin (Botox): Injectable neurotoxins used to temporarily paralyze facial muscles, reducing the appearance of wrinkles and fine lines caused by facial expressions.

• Chemical Peels: Solutions containing chemical exfoliants like glycolic acid, salicylic acid, or trichloroacetic acid, used to improve skin texture, treat acne scars, and reduce hyperpigmentation.

• Laser and Light Devices: Equipment used for various skin treatments, including hair removal, skin resurfacing, tattoo removal, and treatment of vascular and pigmented lesions.

• Prescription Skincare Products: Formulations containing active ingredients such as retinoids (e.g., tretinoin), hydroquinone, or prescription-strength antioxidants, designed to address specific dermatological concerns under medical supervision.

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

• Cosmeceuticals: High-quality skincare products that bridge the gap between cosmetics and pharmaceuticals, often containing biologically active ingredients with proven efficacy.