Beauty Devices

Beauty Devices Market Predicted to Reach US$ 64.5 billion by 2030 The global beauty devices market size accounted at US$ 29.8 billion in 2020.

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As per the experts, the beauty devices market is predicted to record a growth rate of 7% from 2021-2030 and is projected to reach US$ 64.5 billion by 2030.

The study provides the overall revenue of the global beauty devices market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.

The global beauty devices market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the beauty devices industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

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Crucial factors accountable for market growth are:

  • Rising consumer expenditure on beauty and cosmetics
  • Rising cases of road accidents that causes scars
  • New product launches for at-home use of beauty devices
  • Growing geriatric population across the globe
  • Rising prevalence of Hirsutism among women
  • Rising importance of social media marketing
  • Huge youth population in developing nations
  • Rising penetration of spas and salons

Report Highlights

  • Based on the type, the hair removal devices segment was the largest segment in 2020. This is attributed to the extensive use of hair removal devices. The spas and salons play a significant role in the consumption of hair removal devices owing to their regular need for serving the women consumers. Further, the rising cases of hirsutism among the women are boosting the demand. Hirsutism is a condition in which the women develops male like hair patterns on chest, back, and face. According to the National Center for Biotechnology Information, around 10% women in US are suffering from hirsutism.
  • Based on the application, the home segment is expected to be the most opportunistic segment owing to the rising focus of the manufacturers to provide beauty devices to the consumers for at-home use. The rising consumer expenditure of beauty and cosmetic products is expected to fuel the growth of this segment.

Report Scope of the Beauty Devices Market

Report Coverage Details
Market Size in 2020 US$ 29.8 billion
Growth Rate from 2021 to 2030 CAGR of 7%
Base Year 2021
Segments Covered Application, Type, Region
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Regional Snapshot

North America dominated the global beauty devices market in 2020 and is expected to retain its position throughout the forecast period. North America is characterized by increased disposable income, rising geriatric population, increased awareness regarding the beauty devices, higher adoption of advanced technology, and increased demand for personal care products. The increased preferences among the consumers for self-care is boosting the demand for the beauty devices in the region. Further, the presence of various regional players and various developmental strategies adopted by them is positively impacting the growth of the market.

Asia Pacific is estimated to be the most opportunistic market during the forecast period. This is attributable to huge population, rapid urbanization, rising disposable income, rising awareness regarding the availability of beauty devices, and improved living standards. The rising prevalence of skin problems owing to the rising pollution is driving the market growth in the region. Further, the rising penetration of social media and aggressive marketing by the players through social media platforms is fueling the growth of the beauty devices market in the Asia Pacific region.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global beauty devices market are as follows:

 

  • Panasonic Corporation
  • YA-MAN Ltd.
  • MTG Co. Ltd.
  • TRIA Beauty, Inc.
  • L’Oreal S A
  • Lumenis Ltd.
  • Home Skinovations Ltd.
  • Nu Skin Enterprises
  • Carol Cole Company Inc.
  • Koninklijke Philips N.V.
  • LightStim
  • Conair Corporation
  • Candela Corporation
  • Spectrum Brands Holdings Inc.
  • Capillus LLC.

Segments Covered in the Report

By Type

  • Acne Devices
  • Hair Removal Devices
  • Hair Growth Devices
  • Cleansing Devices
  • Rejuvenation Devices
  • Oxygen & Steamer Devices
  • Others

By Application

  • Salon
  • Spa
  • Home
  • Others

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Some of the key highlights of the report are:

  • Market Demand Outlook – The report offers refined forecasts on potential growth prospects for the market. Based on data derived after thorough research by a team of expert analysis, Precedence Research presents the most precise rate of growth for the market for the assessment period starting from 2021 – 2030.
  • Supply Chain Analysis – The purpose of the survey is to help companies identify potential scope for supply chain expansion. The study also presents analysis of unprecedented threats.
  • Competitive Landscape Analysis – Some of the leading companies operating in the beauty devices market are profiled in the market study. The report also underscores winning strategies adopted over the last few years and gauges impact of the same on growth trajectory exhibited by the market over the last few years.

Why should you invest in this report?

If you are aiming to enter the global beauty devices market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for beauty devices are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Beauty Devices Market 

5.1. COVID-19 Landscape: Beauty Devices Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Beauty Devices Market, By Product

8.1. Beauty Devices Market, by Product Type, 2021-2030

8.1.1. Acne Devices

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Hair Removal Devices

8.1.2.1. Market Revenue and Forecast (2019-2030)

8.1.3. Hair Growth Devices

8.1.3.1. Market Revenue and Forecast (2019-2030)

8.1.4. Cleansing Devices

8.1.4.1. Market Revenue and Forecast (2019-2030)

8.1.5. Rejuvenation Devices

8.1.5.1. Market Revenue and Forecast (2019-2030)

8.1.6. Oxygen & Steamer Devices

8.1.6.1. Market Revenue and Forecast (2019-2030)

8.1.7. Others

8.1.7.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Beauty Devices Market, By Application

9.1. Beauty Devices Market, by Application, 2021-2030

9.1.1. Salon

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Spa

9.1.2.1. Market Revenue and Forecast (2019-2030)

9.1.3. Home

9.1.3.1. Market Revenue and Forecast (2019-2030)

9.1.4. Others

9.1.4.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Beauty Devices Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Product (2019-2030)

10.1.2. Market Revenue and Forecast, by Application (2019-2030)

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.1.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.1.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Product (2019-2030)

10.2.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Product (2019-2030)

10.3.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.4.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Product (2019-2030)

10.4.6.2. Market Revenue and Forecast, by Application (2019-2030)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Product (2019-2030)

10.5.2. Market Revenue and Forecast, by Application (2019-2030)

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Product (2019-2030)

10.5.3.2. Market Revenue and Forecast, by Application (2019-2030)

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Product (2019-2030)

10.5.4.2. Market Revenue and Forecast, by Application (2019-2030)

Chapter 11. Company Profiles

11.1. Panasonic Corporation

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. YA-MAN Ltd.

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. MTG Co. Ltd.

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. TRIA Beauty, Inc.

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. L’Oreal S A

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Lumenis Ltd.

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Home Skinovations Ltd.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Nu Skin Enterprises

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Carol Cole Company Inc.

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Koninklijke Philips N.V.

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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