"The Global Beauty Devices Market report is the outcome of a meticulous market analysis conducted by a team of industry experts, skilled analysts, dynamic forecasters, and knowledgeable researchers. This comprehensive report provides insights into market status, market share, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, and distributors. Serving as an invaluable source, the Beauty Devices Market report facilitates unparalleled insights and understanding of optimal market opportunities in relevant sectors. Businesses can leverage this information to make informed decisions regarding their production and marketing strategies.
This extensive analysis considers all major players' company profiles and brands, emphasizing the variation in Compound Annual Growth Rate (CAGR) values for the historic year 2019, the base year 2020, and the forecast year 2021-2028. The market study aids businesses in identifying key opportunities and influential factors, guiding them to reach new heights. The Beauty Devices Market business report is a professional and detailed document focusing on primary and secondary drivers, market share, leading segments, and geographical analysis.
Data Bridge Market Research analyses that the beauty devices market was valued at USD 42.55 billion in 2022 and is further estimated to reach USD 176.93 billion by 2030, and is expected to grow at a CAGR of 19.5% during the forecast period of 2023 to 2030.
Explore Further Details about This Research Beauty Devices Market Report https://www.databridgemarketresearch.com/reports/global-beauty-devices-market
Beauty Devices Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015 – 2020) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, and Pricing in USD |
Segments Covered | Type (Hair Care Devices, Facial Devices, Skin Care Devices, Oral Care Devices, and Eye Care Devices), Application (Hair, Facial, Skin, Oral, and Eye), Portability (Pocket-Sized/Handheld Device and Fixed), Mode of Operation (Electric and Battery Operated and Manual), Gender (Female and Male), End User (Commercial/Professional and Domestic/Personalized/ Homecare), Distribution Channel (Direct Sales, Retail, and Online) |
Countries Covered | U.S., Canada, Mexico Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America |
Market Players Covered | Nu Skin (U.S.), CANDELA CORPORATION (U.S.), Silkan (U.S.), TRIA BEAUTY (U.S.), Curallux, LLC (U.S.), Termosalud (Spain), FOREO (Sweden), Tech4Beauty (Germany), Koninklijke Philips N.V. (Netherlands), Conair LLC (U.S.), Lumenis Be Ltd (Israel), Cynosure (U.S.), Sciton (U.S.), Fotona (Slovenia), Procter & Gamble (U.S.), Colgate-Palmolive Company (U.S.), LUTRONIC Inc. (South Korea), STRATA Skin Sciences (U.S.), NuFACE (U.S.), Spectrum Brands, Inc. (U.S.), Cutera (U.S.), Merz North America, Inc. (U.S.), El.En. S.p.A. (Italy), YA-MAN LTD. (Japan), Panasonic Corporation (Japan), Alma Lasers (Israel), and Bausch Health Companies Inc. (Canada) |
Market Opportunities |
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Market Definition
The term "beauty devices" refers to products that help people look better. It is simple to use and can help with skin and hair issues. It offers beauty services that are similar to aesthetic services. Exposure to UV radiation has caused skin, hair, and ageing to become more common today. Customers are being enticed to use numerous cosmetic treatments due to sunburns, decreased skin elasticity, and hair loss.
Beauty Devices Market Dynamics
Drivers
- Rise in number of salons and spas around the world
The increasing number of resorts and salons worldwide is also contributing to the expansion of the beauty equipment market. Spas and salons are constantly looking for new and innovative beauty products to attract new customers. Beauty gadgets such as facial cleansing brushes, microdermabrasion devices, and laser hair removal devices are popular in spas and salons because they offer many benefits to their customers.
- Growing geriatric population and hormonal disorder
The skin loses healthy components as it ages. These conditions are common among the elderly. Dryness, wrinkles, and pigmentation are all indications of ageing. The beautification devices provide younger-looking skin which is further anticipated to propel the growth of the beauty devices market. Individuals have hormone abnormalities as a result of lifestyle changes and other circumstances. It causes severe acne breakouts and other skin issues which may accelerate the growth of the market.
- Increase in the incidence of hair and skin problems
The majority of the population has hair and skin problems. Hair loss, hair damage, split ends, skin pigmentation, redness, blackheads, and acne can all have a negative impact on one's appearance which is another factor that drives beauty devices market growth.
Opportunity
- Technological advancement of beauty devices
The new product advancements and new product launches by the market players is further estimated to provide potential opportunities for the growth of the beauty devices market. In addition, the expanded living measures and the drift toward a more advantageous way of life moreover contribute to the development of the excellence beauty devices showcase. Individuals nowadays are more educated almost the significance of cleanliness, purity and are willing to contribute in items that advance compact skin. Acupressure mats, electronic facial cleansers, and derma rollers are prevalent among health-conscious people seeking out for a more characteristic approach to great improvement.
Answers That the Report Acknowledges:
- Market size and growth rate during forecast period
- Key factors driving the Beauty Devices Market
- Key market trends cracking up the growth of the Beauty Devices Market.
- Challenges to market growth
- Key vendors of Beauty Devices Market
- Opportunities and threats faces by the existing vendors in Global Beauty Devices Market
- Trending factors influencing the market in the geographical regions
- Strategic initiatives focusing the leading vendors
- PEST analysis of the market in the five major regions
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