Business of looking good glows with work-from-home, mask-wearing
Huge uptick in business is attributed to greater interest for such treatments here given that international travel has yet to fully resume
Claudia Tan HS
Singapore
THE aesthetics and wellness industry is witnessing an unexpected surge in local demand for cosmetic enhancement procedures, which has made up for some of the loss of earnings from a lack of medical tourism.
A handful of Singapore-listed companies that have ventured into the aesthetic and wellness industry have benefitted from the trend as well. The cosmetic surgery market alone is estimated by a Fortune Business Insights report to be worth US$50.67 billion in 2018 and is projected to reach US$ 66.96 billion by 2026.
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