How big is the beauty devices market?
The global beauty devices market size reached US$ 40.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 114.7 Billion by 2028, exhibiting a growth rate (CAGR) of 18.6% during 2023-2028.
Beauty Devices: Uses and Application:
Beauty devices are electronic tools used for cosmetic purposes to enhance physical appearance, primarily for skin, hair, and body care. These devices combine cutting-edge technology with effective skincare techniques, empowering individuals to take control of their beauty routines at home. One category of beauty devices focuses on facial care. These devices include facial cleansing brushes, which use sonic vibrations to deeply cleanse the skin, removing impurities and promoting a healthy complexion.
Another popular device is the LED light therapy mask, which utilizes different wavelengths of light to address various skin concerns such as acne, wrinkles, and uneven skin tone. These devices offer a convenient and cost-effective alternative to spa treatments, allowing users to enjoy professional-level skincare in the comfort of their own homes. Haircare devices have also made significant strides in the beauty industry. Hair straighteners and curling irons with advanced ceramic or titanium plates provide precise temperature control and reduce heat damage, resulting in sleek, shiny hairstyles.
Beyond skincare and haircare, beauty devices extend to other areas of personal grooming as well. For instance, electric toothbrushes with oscillating and rotating bristles ensure thorough and efficient cleaning, maintaining oral health.
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Beauty Devices Market Trends and Growth Drivers:
The rise in beauty consciousness among consumers represents one of the key factors driving the growth of the beauty devices market across the globe.
People are increasingly concerned about their appearance and are willing to invest in advanced technologies and devices to enhance their beauty and skincare routines. The development of innovative technologies, such as LED therapy, ultrasound, laser, and radiofrequency, is leading to the introduction of highly effective and efficient beauty devices. These devices offer improved results, convenience, and personalized experiences, which are attracting consumers and boosting the market growth.
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The growing preference for at-home beauty treatments and devices is contributing to the growth of the market. Busy lifestyles, cost considerations, and the impact of the COVID-19 pandemic are prompting consumers to seek convenient alternatives to salon and spa visits. Beauty devices provide users with the flexibility to perform treatments at their own convenience, saving time and money. The rising prevalence of skincare concerns, such as acne, aging, hyperpigmentation, and uneven skin tone, is driving the demand for beauty devices.
Consumers are seeking solutions that address these concerns effectively. Social media platforms are significantly impacting consumer trends and preferences. Influencers and beauty enthusiasts showcase their beauty routines and endorse beauty devices, which is creating awareness, thus driving consumer interest. The visual nature of social media platforms promotes the desire for flawless skin, luscious hair, and overall beauty, which is leading to increased demand for beauty devices.
The market is also driven by the increasing global aging population. Anti-aging beauty devices, such as facial toning devices and microcurrent devices, provide non-invasive alternatives to surgical procedures, which is appealing to older consumers. Moreover, the availability and convenience of purchasing beauty devices are contributing to their increasing adoption among consumers which is creating a positive outlook for the market across the globe.
Who are the key players operating in the industry?
The report covers the major market players including:
Beauty Devices Manufacturers Companies:
- Candela Corporation
- Capillus LLC.
- Conair LLC
- Home Skinovations Inc.
- Koninklijke Philips N.V,
- Lumenis Be Ltd.
- Nu Skin Enterprises Inc.
- Panasonic Corporation (OTCMKTS: PCRFY)
- Sciton Inc.
- Termosalud S.L.
- The Procter & Gamble Company
- TRIA Beauty Inc.
- Ya-Man Ltd.
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What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type:
- Acne Devices
- Hair Removal Devices
- Hair Growth Devices
- Cleansing Devices
- Oxygen and Steamer Devices
- Rejuvenation Devices
- Others
Breakup by Portability:
- Pocket-Sized/Handheld Device
- Fixed
Breakup by Mode of Operation:
- Electric and Battery Operated
- Manual
Breakup by Gender:
- Female
- Male
Breakup by Application:
- Salon
- Spa
- Home
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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