The report of Global Beauty Devices Market by type (hair removal devices, cleansing devices, acne devices, rejuvenation devices, light/led therapy and photo rejuvenation devices, oxygen and steamer devices, hair growth devices, skin derma rollers, and cellulite reduction devices), application (domestic purpose, commercial purpose, and others), end-user (professional and personalized), and Region (North America, Europe, Middle East & Africa, South America, Asia Pacific) is expected to reach US$ XX Bn by 2027, at a CAGR of 18.80% during a forecast period.
An increase in awareness about beauty devices and services, geriatric population, hormonal disorders, growth in high disposable income are some of the driving factors, which are contributing to growth in the global market. Many existing key players are focusing more on unique approaches and innovative technologically advanced devices. The rise in consciousness about personal appearance is one of the key drivers in the market. The dermatological disease prevalence is expected to drive market growth during the forecast period. The rise in the incidence of various skin problems is expected to increase the demand for beauty devices. Environmental pollution and excessive consumption of alcohol and tobacco are some common causes of skin problems.
The Hair Removal Devices are expected to contribute a XX% share in the global beauty devices market.
The Hair removal devices are expected to hold the largest share in the beauty devices market because of the prevalence of polycystic ovary syndrome (PCOS) and hormonal problems among females. The growth in the prevalence of hormonal problems, disposable income, and easy availability of hair removal treatments at spas are driving the market growth.
The Asia Pacific region is expected to contribute XX% share in the global beauty devices market.
Many key companies in the beauty devices market can leverage growth opportunities in developing countries during the forecast period. The presence of the young population in the emerging economies like China and India across the APAC region is expected to contribute XX5 share in the market. The stressful lifestyle, insufficient sleep, lack of exercise, and prevalence of skin issues caused by hormonal imbalance is increasing the adoption of beauty devices for the beautiful look. Consumers are becoming more conscious of their appearance, with the increasing influence of the western culture that is increasing the demand for beauty devices across the region.
Key players operating in the Global Beauty Devices Market include L’Oreal S.A., Nu Skin Enterprises, Unilever, P&G, Estée Lauder, Avon, Mary Kay, Johnson & Johnson, Shiseido, Beiersdorf, Kao, LVMH, Groupe Yves Rocher, Coty, Henkel, Limited Brands, Natura Cosméticos S.A., Syneron Medical Ltd, Home Skinovations Ltd, TRIA Beauty Inc, Procter & Gamble Co, PhotoMedex Inc, Tria Beauty Inc., Carol Cole Company Inc, and Candela Corporation.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Beauty Devices Market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Global Beauty Devices Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Beauty Devices Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Beauty Devices Market.”
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