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Beauty Devices Market – Latest Advancement And Industry Analysis
Beauty Devices Market Size Was Valued at USD 36.34 Billion in 2023, and is Projected to Reach USD 98.37 Billion by 2032, Growing at a CAGR of 11.7 % From 2024-2032.
IMR Group
Description
Beauty Devices Market Synopsis:
Beauty Devices Market Size Was Valued at USD 36.34 Billion in 2023, and is Projected to Reach USD 98.37 Billion by 2032, Growing at a CAGR of 11.7 % From 2024-2032.
Within its primary scope as established in the Beauty Devices Market, the key components covered relate to the production, distribution, and sale of technologically advanced apparatus to facilitate aesthetic and personal care applications. They target a number of concerns that are associated with skin, hair, and body such as anti-aging treatments, acne, hair removal, and skin rejuvenation among others to fulfil the customer’s need for non-invasive aesthetic procedures.
The Beauty Devices market has been growing over the years and this it owes to the heightened self-awareness regarding appearance. This has led to increased use of beauty devices since more and more people are experiencing skin issues such as acne, blotchy skin, hair loss and other problems and with the increasing aging population, people will spend any amount of money that would provide them with a little touch of anti-aging treatment. These devices address a very large populace which includes the young person who wants to prevent diseases, and the elder person who wants to reduce the rate at which aging occurs. The market has grown because of advancement in technology such as portability for the mobile users friendly’s home dental system.
The current market is also determined by the trends for the non-surgical aesthetic technologies because today customer has become safer and wiser, especially in terms of expenditure. It is possible to speak about devices used on face and body, which are used in the spheres of hair removing, skin rejuvenation, and skin cleaning; it will be rational to mention that such devices are similar to salon procedures. As well, the establishment of e-shops as a means of technology has also extended larger markets for beauty device making that can be easily accessed by the consumers. However, the further challenges as high material costs and high maintenance costs will potentially bring a decline of market growth in sensitive price markets.
Beauty Devices Market Trend Analysis:
Rising Integration of AI and IoT in Beauty Devices
One of the trends in the Beauty Devices Market is to introduce into some esthetic devices artificial intelligence and internet of things. Intelligent machines for facial beauty do skin analysis, noticing troubling zones and also solutions by using Artificial intelligence solely. Smart due to IoT, it is possible to track use and indicate on connected apps to people and due to that the use of smart apps offers better general user experience. In these technologies brands reach out to consumers who are savvy in technology, who require accuracy and efficiency. The high uptake of smart beauty gadgets is enough evidence that the sector is highly focused on product innovation and individual solutions that always attract consumers.
Expanding Demand in Emerging Markets
The Beauty Devices Market has more possibility to emerge to the Market as the people in this country which comes under the category of the Emerged Market are getting the awareness about Personal care & grooming and their income level also increases and standard of living is also raises in these countries. They are markets such as the Asia-Pacific region and the Latin American region which people have evolved an interest in beauty products due to exposure to global beauty trends and influence by the social media. An essential demand for the market penetration has been supported by low price of these classic beauty gadgets and introduction of more companies and brands globally. Local leaders therefore have the chance to get into these high growth segments through marketing products and services that are suitable for a given place.
Beauty Devices Market Segment Analysis:
Beauty Devices Market is Segmented on the basis of Product Type, Application, End User, and Region.
By Product, the Skin Care segment is expected to dominate the market during the forecast period
Skin Care is expected to dominate the overall Beauty Devices Market at a steady growth rate during the overall forecast period since people are confronting various skin problems like acne, pigmentation, wrinkles, and fine lines. Thus, the use of such mass apparatus for getting interested in effective and minim-invasive approaches towards cleaning, revitalizing as well as anti aging procedures has yield positive responses among consumers. Also, the use of new light-based therapy and microdermabrasion is becoming more popular so beauty seekers can look beautiful by using the latest technologies to achieve a radiant skin appearance. Moreover, people have accepted the role of social media alongside beauty influencers within the market as they make many purchases of skincare products and devices.
By Application, the Domestic Purpose segment is expected to held the largest share
Significantly the largest market share is expected to be in the Domestic Purpose Segment due to the increased convenience of home beauty care gadgets. Consumers find convenience, cost, and confidentiality of the beauty devices and they can enhance many issues without visiting the salons or clinics. Starting from wash-and-scrub face kits to epilators and up-to-date anti-aging wands, an almost never-ending list of weird gadgets is now deemed suitable for mass consumption. This reflects the fact that e-commerce platforms remain key drivers of growth of this segment, which have armed shoppers with means for acquiring diversification of a wide array of devices backed by comprehensive information about these products.
Beauty Devices Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
North America is also expected to gain the largest regional market of the Beauty Devices Market during the forecast period. The leadership of this region is because many consumers in this area spend much money in care and beauty products and are willing to try them in new paid services technologies. Specifically, the US markets are of great importance in growth because there are manufacturers of beauty devices and a developed population interested in technologies.
Moreover, distribution facilities for beauty devices include selling through physical store outlets and via the internet and that makes a variety of outlets available to the consumer. Growing trends in men and women to take proper care of their skins along with, anti-aging treatments have also boosted. New smart beauty technologies are also emerging and the focus is on one among them that is, Personalization; The consumers of north America preferring multifunctional innovation among the beauty devices.
Active Key Players in the Beauty Devices Market:
Alma Lasers (Israel)
AmorePacific Corporation (South Korea)
Conair Corporation (USA)
Cynosure Inc. (USA)
FOREO (Sweden)
Home Skinovations Ltd. (Israel)
Koninklijke Philips N.V. (Netherlands)
L’Oréal S.A. (France)
MTG Co., Ltd. (Japan)
Nu Skin Enterprises (USA)
Panasonic Corporation (Japan)
Procter & Gamble Co. (USA)
Revlon Inc. (USA)
Syneron Medical Ltd. (Israel)
YA-MAN Ltd. (Japan)
Other Active Players
Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter’s Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Beauty Devices Market by Product Type
4.1 Beauty Devices Market Snapshot and Growth Engine
4.2 Beauty Devices Market Overview
4.3 Hair Care
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Hair Care: Geographic Segmentation Analysis
4.4 Skin Care
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Skin Care: Geographic Segmentation Analysis
4.5 Oral Care
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Oral Care: Geographic Segmentation Analysis
Chapter 5: Beauty Devices Market by Application
5.1 Beauty Devices Market Snapshot and Growth Engine
5.2 Beauty Devices Market Overview
5.3 Domestic
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Domestic: Geographic Segmentation Analysis
5.4 Commercial
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Commercial: Geographic Segmentation Analysis
5.5 Others
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Others: Geographic Segmentation Analysis
Chapter 6: Beauty Devices Market by End User
6.1 Beauty Devices Market Snapshot and Growth Engine
6.2 Beauty Devices Market Overview
6.3 Professional
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Professional: Geographic Segmentation Analysis
6.4 Personalized
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Personalized: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Beauty Devices Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 ALMA LASERS (ISRAEL)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 AMOREPACIFIC CORPORATION (SOUTH KOREA)
7.4 CONAIR CORPORATION (USA)
7.5 CYNOSURE INC. (USA)
7.6 FOREO (SWEDEN)
7.7 HOME SKINOVATIONS LTD. (ISRAEL)
7.8 KONINKLIJKE PHILIPS N.V. (NETHERLANDS)
7.9 L’ORÉAL S.A. (FRANCE)
7.10 MTG CO. LTD. (JAPAN)
7.11 NU SKIN ENTERPRISES (USA)
7.12 PANASONIC CORPORATION (JAPAN)
7.13 PROCTER & GAMBLE CO. (USA)
7.14 REVLON INC. (USA)
7.15 SYNERON MEDICAL LTD. (ISRAEL)
7.16 YA-MAN LTD. (JAPAN)
7.17 OTHER ACTIVE PLAYERS
Chapter 8: Global Beauty Devices Market By Region
8.1 Overview
8.2. North America Beauty Devices Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Product Type
8.2.4.1 Hair Care
8.2.4.2 Skin Care
8.2.4.3 Oral Care
8.2.5 Historic and Forecasted Market Size By Application
8.2.5.1 Domestic
8.2.5.2 Commercial
8.2.5.3 Others
8.2.6 Historic and Forecasted Market Size By End User
8.2.6.1 Professional
8.2.6.2 Personalized
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Beauty Devices Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Product Type
8.3.4.1 Hair Care
8.3.4.2 Skin Care
8.3.4.3 Oral Care
8.3.5 Historic and Forecasted Market Size By Application
8.3.5.1 Domestic
8.3.5.2 Commercial
8.3.5.3 Others
8.3.6 Historic and Forecasted Market Size By End User
8.3.6.1 Professional
8.3.6.2 Personalized
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Russia
8.3.7.2 Bulgaria
8.3.7.3 The Czech Republic
8.3.7.4 Hungary
8.3.7.5 Poland
8.3.7.6 Romania
8.3.7.7 Rest of Eastern Europe
8.4. Western Europe Beauty Devices Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Product Type
8.4.4.1 Hair Care
8.4.4.2 Skin Care
8.4.4.3 Oral Care
8.4.5 Historic and Forecasted Market Size By Application
8.4.5.1 Domestic
8.4.5.2 Commercial
8.4.5.3 Others
8.4.6 Historic and Forecasted Market Size By End User
8.4.6.1 Professional
8.4.6.2 Personalized
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 The Netherlands
8.4.7.5 Italy
8.4.7.6 Spain
8.4.7.7 Rest of Western Europe
8.5. Asia Pacific Beauty Devices Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Product Type
8.5.4.1 Hair Care
8.5.4.2 Skin Care
8.5.4.3 Oral Care
8.5.5 Historic and Forecasted Market Size By Application
8.5.5.1 Domestic
8.5.5.2 Commercial
8.5.5.3 Others
8.5.6 Historic and Forecasted Market Size By End User
8.5.6.1 Professional
8.5.6.2 Personalized
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Beauty Devices Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Product Type
8.6.4.1 Hair Care
8.6.4.2 Skin Care
8.6.4.3 Oral Care
8.6.5 Historic and Forecasted Market Size By Application
8.6.5.1 Domestic
8.6.5.2 Commercial
8.6.5.3 Others
8.6.6 Historic and Forecasted Market Size By End User
8.6.6.1 Professional
8.6.6.2 Personalized
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkiye
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Beauty Devices Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Product Type
8.7.4.1 Hair Care
8.7.4.2 Skin Care
8.7.4.3 Oral Care
8.7.5 Historic and Forecasted Market Size By Application
8.7.5.1 Domestic
8.7.5.2 Commercial
8.7.5.3 Others
8.7.6 Historic and Forecasted Market Size By End User
8.7.6.1 Professional
8.7.6.2 Personalized
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
Q1: What would be the forecast period in the Beauty Devices Market research report?
A1: The forecast period in the Beauty Devices Market Research report is 2024-2032.
Q2: Who are the key players in the Beauty Devices Market?
A2: Alma Lasers (Israel), AmorePacific Corporation (South Korea), Conair Corporation (USA), Cynosure Inc. (USA), FOREO (Sweden), Home Skinovations Ltd. (Israel), Koninklijke Philips N.V. (Netherlands), L'Oréal S.A. (France), MTG Co., Ltd. (Japan), Nu Skin Enterprises (USA), Panasonic Corporation (Japan), Procter & Gamble Co. (USA), Revlon Inc. (USA), Syneron Medical Ltd. (Israel), YA-MAN Ltd. (Japan), and Other Active Players.
Q3: What are the segments of the Beauty Devices Market?
A3: The Beauty Devices Market is segmented into Product Type, Application, End User, and region. By Product Type, the market is categorized into Hair Care, Skin Care, and Oral Care. By Application, the market is categorized into Domestic, Commercial, and Others. By End User, the market is categorized into Professional and personalized. By region, it is analyzed across North America (U.S., Canada, Mexico), Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe), Western Europe (Germany, UK, France, The Netherlands, Italy, Russia, Spain, Rest of Western Europe), Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC), Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa), South America (Brazil, Argentina, Rest of SA).
Q4: What is the Beauty Devices Market?
A4: Within its primary scope as established in the Beauty Devices Market, the key components covered relate to the production, distribution, and sale of technologically advanced apparatus to facilitate aesthetic and personal care applications. They target a number of concerns that are associated with skin, hair, and body such as anti-aging treatments, acne, hair removal, and skin rejuvenation among others to fulfil the customer's need for non-invasive aesthetic procedures.
Q5: How big is the Beauty Devices Market?
A5: Beauty Devices Market Size Was Valued at USD 36.34 Billion in 2023, and is Projected to Reach USD 98.37 Billion by 2032, Growing at a CAGR of 11.7 % From 2024-2032.
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