Beauty Devices Market– Global Industry Size, Share, Trends, Opportunity, and Forecast, 2024-2032F Segmented By Type (Trimmers & Shavers, Hair Dryers, Hair Straighteners, Hair Curlers, Epilators, Face Cleanser, and Others (Multipurpose (Styler), Multipurpose (Face Cleaner), Face Massager, Lip Plumper, etc.)), By Application (Individual Vs. Professional), By Distribution Channel (Supermarkets/Hyperm
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationBeauty Devices Market– Global Industry Size, Share, Trends, Opportunity, and Forecast, 2024-2032F Segmented By Type (Trimmers & Shavers, Hair Dryers, Hair Straighteners, Hair Curlers, Epilators, Face Cleanser, and Others (Multipurpose (Styler), Multipurpose (Face Cleaner), Face Massager, Lip Plumper, etc.)), By Application (Individual Vs. Professional), By Distribution Channel (Supermarkets/Hyperm
The global beauty devices market size is expected to register an impressive CAGR during the forecast period owing to factors such as growing consumer awareness regarding skin & hair-related issues and increasing working women population in the world.
As of 2022, 979,236 hair salons were operating in the US, a 1.1% rise from 2021. The States with the most hair salon businesses in the US are California (8,471 firms), New York (7,770 companies), and Florida (7,453 businesses).
The global market is also being boosted by the increasing impact of social media beauty trends and numerous celebrity endorsements promoting the usage of beauty tools. In addition, many additional factors, such as ongoing technological innovations, the introduction of new products such as LED light therapy masks, microcurrent appliances, micro-needling regeneration tools, etc., and the combining of beauty devices with radio frequency, electric muscle stimulation, etc. are anticipated to drive the global beauty devices during the forecast period.
In addition, the rise of e-commerce has made it easier for consumers to purchase beauty devices online, which has further fueled the global beauty devices market growth during the forecast period. Consumers can now access a wider range of products from the comfort of their own homes, and they can easily compare prices and reviews before making a purchase.
New Product Launches Fuels the Market Growth
Manufacturers are introducing new products with the latest technologies to make consumers' lives easier, driving the global beauty device market. New product launches have helped to increase consumer awareness and demand for beauty devices. Manufacturers are constantly introducing new and innovative devices that offer better results and are more convenient to use. The global beauty devices market is expected to continue its growth in the coming years, driven by new product launches and advancements in technology. For example, there are now facial cleansing devices that use ultrasonic technology to deeply cleanse the skin, and hair removal devices that use laser technology for a more effective and long-lasting hair removal. For instance, in 2022, Sensus Healthcare, a medical device firm specializing in highly effective, non-invasive, and affordable therapies for oncological and non-oncological illnesses, launched the portable Silk hair removal system with blended wavelengths. A 2000W portable diode laser, a light handpiece, an ice-cold cooling tip, and fast repetition rates are all features of the Silk by Sensus system. By retaining the density of the laser in the targeted area and having the ability to combine wavelengths while emitting light vertically toward the skin, it is possible to boost efficiency and achieve more profound and better penetration as well as more uniform energy distribution. As consumers become increasingly aware of the benefits of using beauty devices, demand is expected to rise, and manufacturers will continue to innovate to meet this demand which further fuels the global beauty devices market during the forecast period.
Download Free Sample ReportRising Skin Related Issues Fuels the Market Growth
The increased demand for beauty devices globally results from increased skin-related problems among the population. Skin issues such as acne, aging, dark spots, and hyperpigmentation have become increasingly common due to factors such as pollution, stress, and poor lifestyle choices. As a result, there has been a growing demand for skincare solutions that can address these issues. Beauty devices offer a range of benefits for people with skin issues. For example, facial cleansing devices can help to remove dirt, oil, and makeup from the skin, which can help to prevent breakouts and improve overall skin health. Anti-aging devices use technologies such as radiofrequency and microcurrent to stimulate collagen production, which can help to reduce the appearance of fine lines and wrinkles. The development of unique and revolutionary goods that have been assisting clinicians, dermatologists, and aestheticians in treating skin disorders, improving skin textures, and reducing aging indications is expected to drive the global market for beauty devices during the forecast period. For instance, in 2022, the anti-aging Israeli company Sofwave launched its aesthetic medicine technology. The FDA-approved "Synchronous Ultrasound Parallel Beam" is an anti-aging technology device that tightens facial and neck skin and lifts the brows and chin using ultrasound rays. The procedure's efficacy and safety are irrespective of the type & quality, and color of the patient's skin. It produces effective, long-lasting skin tightening with no downtime or post-procedure redness. Therefore, the increasing number of skin-related issues fuels the growth of the global beauty devices market during the forecast period.
In addition, the use of beauty devices can also enhance the effectiveness of skincare products. For example, using a facial cleansing device can help to ensure that skincare products penetrate the skin more deeply, allowing for better absorption and more visible results.
Growing Consumer Expenditure on Hair Care Products Aids the Market Growth
L'Oréal has the most extended history of hair coloring in the business because it developed the first synthetic, safe hair coloring solution more than a century ago, generating a $10 billion market.
Beauty devices offer a range of benefits for hair care, including improved styling, hair growth, and hair health. For example, hair styling devices such as straighteners and curlers are popular among consumers who want to achieve salon-quality hairstyles at home. Hair growth devices use technologies such as laser and LED light therapy to stimulate hair follicles and promote hair growth, which is particularly important for consumers with thinning hair or hair loss. In addition, the use of beauty devices can also help to enhance the effectiveness of hair care products. For example, using a hair styling device in conjunction with a heat protectant spray can help to reduce heat damage and keep hair looking healthy and shiny.
As a result of these benefits, the demand for beauty devices for hair care has been on the rise, and the global beauty devices market is expected to continue its growth in the coming years. Manufacturers are introducing new devices that offer innovative features and technologies to meet the needs of consumers, and consumers are increasingly incorporating these devices into their daily hair care routines.
Market Segmentation
The global beauty devices market is segmented into type, application, distribution channel, region, and company. Based on type, the market is segmented into trimmers & shavers, hair dryers, hair straighteners, hair curlers, epilators, face cleansers, and others (multipurpose (stylers), multipurpose (face cleaners), face massagers, lip plumper, etc.)). Based on application, the market is bifurcated into individual and professional. Based on distribution channel, the market is segmented into supermarkets/hypermarkets, multi-branded retailers, exclusive retailers, online, and others (local shops, direct sales, etc.). The market analysis also studies regional segmentation to devise regional market segmentation.
Company Profile
Koninklijke Philips N.V.,
| Attribute | Details |
| Base Year | 2022 |
| Historical Years | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Billion and CAGR for 2018-2022 and 2023-2028 |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Type · Application · Distribution Channel · Region |
| Regional Scope | North America, Europe, Asia-Pacific, Middle East & Africa, and South America |
| Country Scope | United States, Canada, Mexico, Russia, France, United Kingdom, Italy, Spain, China, India, Japan, Indonesia, Vietnam, Saudi Arabia, Egypt, UAE, Turkey, Brazil, Argentina, Colombia |
| Key Companies Profiled | Koninklijke Philips N.V., The Procter & Gamble Company, L'OREAL GROUP, Carol Cole Company, Inc. (NuFace), Panasonic Corporation, Tria Beauty Inc., YA-MAN Ltd, Nu Skin Enterprises Inc., MTG Co.,Ltd, FOREO AB, etc. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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