Report ID: SQMIG30L2119
Report ID:
SQMIG30L2119 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
194 |
Figures:
80
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).
Increasing awareness about the beauty devices and treatments for skin, increasing appearance consciousness among the youth population, and increasing disposable income drive the market growth. Beauty devices are extensively used for the treatment of scars, acnes, pigmentation, blemishes, age spots, wrinkles, and freckles.
The increasing number of spas and salons across the globe is a significant factor that drives market growth. Consumers spend more on the beauty products to look presentable all the time. Further, key players use social media platforms for marketing various beauty products that increase awareness among people about the beauty products that are available for different skin-related problems. The youth is severely influenced by social media and the increasing penetration of internet helps the consumer search about various treatments and beauty devices related to skin care, haircare, and others. Hence, the increasing adoption of smartphones and rising penetration of internet are the factors that boost the market growth during the forecast period.
US Beauty Devices Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONBeauty 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).
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Report ID: SQMIG30L2119