What is the global market size of the Beauty Devices Market?

Global Beauty Devices Market size was valued at USD 31.64 billion in 2021 and is poised to grow from USD 33.86 billion in 2022 to USD 58.17 billion by 2030, growing at a CAGR of 7% in the forecast period (2023-2030).

What is the key driver of the Global Beauty Devices Market?

The skin losses its healthy components when it ages. Dryness, wrinkles, and pigmentation are all indications of aging. People use beauty products to deal with this aging problem as beauty devices provide younger-looking skin, which further is anticipated to propel the market growth.

Beauty Devices Market Size, Share, Growth Analysis, By Product Type(Acne devices, hair removal devices, hair growth devices, cleansing devices), By Application(Salon, spa, home, and others), By End User(Hospitals & clinics and others), By Portability(Pocket-Sized/Handheld Device and Fixed), By Mode of Operation(Electric and Battery Operated and Manual), By Gender(Female and Male), By Distribution Channel(Direct Sales, Retail and Online), By Region - Industry Forecast 2024-2031

Q: Who are the key vendors in the Global Beauty Devices Market?

The global beauty devices market is moderately fragmented due to presence of several local companies. Key players are adopting strategic developments such as mergers, acquisitions, partnership to strengthen their position in the global market. Companies are spending more on the development of improved products and are also focusing on competitive pricing. 'Panasonic Corporation', 'Lumenis Ltd.', 'L'Oreal SA ', ' Nu Skin Enterprises, Inc. ', ' The Procter & Gamble Company ', ' Koninklijke Philips N.V. ', ' TRIA Beauty, Inc. ', ' Carol Cole Company, Inc. (NuFace) ', ' Syneron Medical Ltd. ', ' Home Skinovations Ltd. (Silk'n) ', ' Johnson & Johnson Services, Inc. ', ' Shiseido Company, Ltd. ', ' FOREO AB ', ' MTG Co., Ltd. ', ' Conair Corporation ', ' Helen of Troy Limited ', ' Beurer GmbH ', ' Remington Products Company ', ' Conair Corporation ', ' Groupe SEB '

Q: What is the key market trend for the Global Beauty Devices Market?

One of the trends in the global beauty devices market is the increasing preference for at-home beauty devices that are used for acne and hair removal. At-home devices are portable and easy to use. Increasing younger population and rising availability of home solutions are boosting the demand for these devices.

Report ID: SQMIG30L2119 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 194 | Figures: 80

Beauty Devices Market Regional Insights

North America held the largest global beauty devices market share during the forecast period. The growth of the regional market is attributed to increasing disposable income that increases the spending on personal care products. In addition, increasing geriatric population, rising appearance consciousness, and adoption of technologically advanced beauty devices. New product launches and adoption of the key strategies by the key players in this region is expected to fuel the market growth.

Asia Pacific is expected to be the fastest growing region during the forecast period. The growth of the regional market is attributed to increasing geriatric population and increasing consumer awareness about the beauty devices for the treatment of skin problems. In addition, the availability of beauty brands and introduction of less-expensive beauty devices in the region to attract people. The easy availability of branded beauty devices on online channel, further drive the market growth.

Beauty Devices Market Report Snapshots

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Beauty Devices Market size was valued at USD 31.64 billion in 2019 and is poised to grow from USD 33.86 billion in 2023 to USD 58.17 billion by 2031, growing at a CAGR of 7% in the forecast period (2024-2031).

The beauty devices market is moderately fragmented due to presence of several local companies. Key players are adopting strategic developments such as mergers, acquisitions, partnership to strengthen their position in the market. Companies are spending more on the development of improved products and are also focusing on competitive pricing. 'Panasonic Corporation', 'Lumenis Ltd.', 'L'Oreal SA ', ' Nu Skin Enterprises, Inc. ', ' The Procter & Gamble Company ', ' Koninklijke Philips N.V. ', ' TRIA Beauty, Inc. ', ' Carol Cole Company, Inc. (NuFace) ', ' Syneron Medical Ltd. ', ' Home Skinovations Ltd. (Silk'n) ', ' Johnson & Johnson Services, Inc. ', ' Shiseido Company, Ltd. ', ' FOREO AB ', ' MTG Co., Ltd. ', ' Conair Corporation ', ' Helen of Troy Limited ', ' Beurer GmbH ', ' Remington Products Company ', ' Conair Corporation ', ' Groupe SEB '

Increasing Geriatric Population

One of the trends in the beauty devices market is the increasing preference for at-home beauty devices that are used for acne and hair removal. At-home devices are portable and easy to use. Increasing younger population and rising availability of home solutions are boosting the demand for these devices.

North America held the largest beauty devices market share during the forecast period. The growth of the regional market is attributed to increasing disposable income that increases the spending on personal care products. In addition, increasing geriatric population, rising appearance consciousness, and adoption of technologically advanced beauty devices. New product launches and adoption of the key strategies by the key players in this region is expected to fuel the market growth.

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Beauty Devices Market Regional Insights

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What is the market size of Beauty Devices Market?

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