Report ID: SQMIG30L2129
Report ID:
SQMIG30L2129 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
86 |
Figures:
78
Global LED Light Face Mask Market size was valued at USD 238.1 million in 2021 and is poised to grow from USD 266.43 million in 2022 to USD 654.98 million by 2030, growing at a CAGR of 11.9% in the forecast period (2023-2030).
The growth is predicted to be driven by increasing skincare product spending as well as the growing cost of LED light therapy compared to laser surgery. Also, growing consumer worries about their personal well-being as a consequence of evolving lifestyles and increased skin awareness are fueling the industry's expansion. The rise is like there to be driven by the growth of salons and cosmetic surgery centers that sell high-end skincare.
The advantages of LED light face masks are becoming more publicly recognized to American consumers, which is anticipated to drive market growth. LED light face masks are safer, more cost-effective, and more efficient than laser and other chemical treatments. Several more skin problems, including fine lines, wrinkles, hyperpigmentation, acne, wounds, UV damage, psoriasis, and discoloration are treated using FDA-approved LED masks. Moreover, changes in women's lives, a rise in beauty consciousness, and women's financial independence are having an impact on the demand for LED light treatment.
Since pollution levels increase regularly, customers are becoming more skin-conscious, which will assist the market grow during the forecast period. As well, the increasing popularity of LED light face masks among celebrities, dermatologists, and influencers on social media will increase millennial's demand for them. On social media and at red carpet events, celebrities including Gal Gadot, Victoria Beckham, Julia Roberts, and Kim Kardashian are advertising LED light face masks. For the 78th Annual Golden Globes ceremony in Los Angeles in 2021, for instance, Gal Gadot is customized with an LED mask by CURRENTBODY by celebrity make-up artist Sabrina Bedrani. In the upcoming years, it is anticipated that such trends may increase demand for LED light face masks.
Growing R&D investments for efficient and safer treatments as well as technological and scientific advances in LED light therapy for skin improving health will offer market players with potential future growth. Although consumers are paying more attention to their appearance, LED face masks are becoming required. In addition, because of the strong influence of social media, spending more money on skincare products has become fashionable in recent years. The demand for LED light face masks is being driven by models and performers who choose to get cosmetic procedures done to get glowing, younger-looking skin.
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Report ID: SQMIG30L2129