The global beauty device market accounted for US$ 125.7 Billion in terms of value by the end of 2022. Beauty devices are instruments that are used to treat skin condition such as acne, pigmentation, hair removal, among others.
The majority of people are familiar with beauty equipment and how to use it. Beauty devices have a number of advantages. They can be used to treat, improve, and enhance the appearance of the skin. There are devices for the skin, hair, hands, feet, and others. These beauty devices are popular in salons, spas, and at-home beauty treatments.
Market Dynamics
The rising occurrence of skin-related diseases globally drives the demand for beauty devices across the globe. The increasing elderly population is one of the key factors contributing to the market growth. Moreover, rising trend of portable and hand-held beauty devices is also expected to increase demand for the market over the forecast period. In addition, rising number of beauty salons and spas across the globe further increases the demand for such products.
Key features of the study:
- This report provides an in-depth analysis of the global beauty device market size (US$ Billion), and Compound Annual Growth Rate (CAGR %) for the forecast period (2023– 2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights into market drivers, restraints, opportunities, new device launches or approval, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the global beauty devices market based on the following parameters– company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study includes L’Oreal Group, Nu Skin Enterprise, Inc., Panasonic Corporation, Home Skinovations, Ltd., PhotoMedex, Inc., Carol Cole Company, Procter & Gamble Company, Koninklijke Philips N.V., TRIA Beauty, Inc., and AmorePacific Group
- Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future device launches, device up-gradation, market expansion, and marketing tactics
- The global beauty devices market report caters to various stakeholders in this industry including investors, suppliers, global fatty acid ester manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global beauty devices market
Detailed Segmentation:
- Global Beauty Devices Market, By Device Type:
- Hair Removal Devices
- Cleansing Devices
- Acne Devices
- Rejuvenation Devices
- Light/LED Therapy and Photorejuvenation Devices
- Oxygen and Steamer Devices
- Hair Growth Devices
- Skin Dermal Devices
- Cellulite Reduction Devices
- Others
- Global Beauty Devices Market, By Application:
- Global Beauty Devices Market, By Region:
- North America
- Europe
- China
- Rest of Asia Pacific
- Latin America
- Rest of the World
- Company Profiles
- L’Oreal Group
- Nu Skin Enterprises, Inc.
- Panasonic Corporation
- Home Skinovations, Ltd.
- PhotoMedex, Inc.
- Carol Cole Company
- Procter & Gamble Company
- Koninklijke Philips N.V.
- TRIA Beauty, Inc.
- AmorePacific Group
