Healthcare

Nu Skin Enterprises, Inc

Company Profile Analysis

ESOMAR 23 Corporate BadgeISO Certifications Badge
Nu Skin Enterprises, Inc - Healthcare showcase

Year Founded & Workforce

1995-12-31

4,800 Employees

Industry

Healthcare

Services

N

Nu Skin Enterprises, Inc Overview

Company Headquarters: Utah, US

Founded: 1996

Workforce: ~4,800

Company Working: Nu Skin Enterprises, Inc. (Nu Skin) comprises of a vast anti-ageing product portfolio. Nu Skin’s scientific leadership in both skincare and nutrition has established Nu Skin as a premier anti-ageing company, evidenced in its patent-pending ageLOC science that addresses ageing at its source. The company’s anti-ageing products feature the new ageLOC family of skincare products, including ageLOC Future Serum and the ageLOC Edition Galvanic Spa System II, as well as Tru Face Essence Ultra and LifePak Nano. Nu Skin operates in 52 markets worldwide and has nearly 800,000 independent distributors. Its customer base exceeds 1.2 million active purchasers, spread across nearly 50 global markets. It has research and development centers in Provo, Utah, and Shanghai, China.

Strategy

Nu Skin is into the process of re-defining and re-focusing its business strategy to better leverage the company’s strengths and differentiate itself in the anti-ageing drugs market. The company focuses on providing positive customer experiences and delivering the best technical skills. It is open to innovation and discovering new products uniquely for the anti-ageing space. It continuously strives to connect with medical advisors to keep up with the pace in the industry. It also leverages its distribution channel to strengthen Nu Skin’s position as an innovative leader in the anti-ageing industry.

Company Snapshot

$2,207M

Revenue

4,800

Employees

1995-12-31

Founded

Utah, US

Headquarters

SWOT Analysis

Strengths

  • High number of independent distributors
  • Constitutes various patents
  • Strong product portfolio
  • Investment in several partner companies

Weaknesses

  • High dependency on the Chinese market for revenue generation
  • Purchase inventory primarily from the US in USD, rather than the local currency

Opportunities

  • Acquisitions to expand geographical reach

Threats

  • Transfer pricing and custom laws in foreign lands

Key Developments

DateApproachDevelopment
February 2019ExpansionNu Skin announced plans to open facilities in Peru, expanding the company’s presence in Latin America.

Product Offering

  • Nu Skin Enterprises, Inc
    • Anti-Aging

Financial Performance

A plan for every need

Forecast+

Get unlimited access to forecasts, charts, and company data across every research report on Wantstats.

USD200/mo

About the Author

Wantstats Research Team

Wantstats' research desk profiles Nu Skin Enterprises, Inc as part of our ongoing coverage of the Healthcare sector, drawing on public company data, filings, and market intelligence.

Powering the world's best teams.
From next-gen startups to established enterprises.

Google logo
Amazon logo
Microsoft logo
Intel logo
Neste logo
McKinsey & Company logo
Deloitte logo
Accenture logo
Oracle logo
PWC logo
EY logo
Honeywell logo

See our work in action

Start your data driven journey with us!

Book a Demo Now

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Nu Skin Enterprises, Inc

Starting from
$4,950