What is Skin Care Devices Market Scope?
The emerging intersection of skincare and technology is represented by skincare gadgets. These gadgets, which operate in tandem with other skincare products to give a variety of advantages ranging from skin tightening to zit zapping and essentials hair removal, are ideal for any skincare program. Skin Care Devices are often thought to be less effective and specialized. Experts agree, however, that they're excellent choices, particularly for individuals in financial or logistical difficulty.
The Skin Care Devices market study is being classified, by Application (Hair Removal, Massage, Skin Rejuvenation, Skin Tightening and Others) and major geographies with country level break-up.
The demand for Skin Care Devices is increasing as Skin Care Problems and Diseases are increasing with each passing day. The businesses in this industry facing major competition on a global scale with leading players of the market who hold a major market share. The Leading Players are engaged in organic and non-organic strategic global expansion to maintain their Market Position. Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Skin Care Devices market throughout the predicted period.
Nu Skin (United States), L’Oréal (France), Procter & Gamble (United States), Estée Lauder (United States), Shiseido (Japan), LVMH (France), Syneron Medical Ltd (United States), Philips (Netherlands), Lumenis Ltd (Israel) and Johnson & Johnson (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Hugh & Grace (United States), SkinSAFE (United States) and Kuoca (South Korea).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Skin Care Devices market by Type, Application and Region.
On the basis of geography, the market of Skin Care Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
In January 2021 Nu Skin Released a Statement Announcing the Acquisition of 3i Solutions. This acquisition will allow the company to build innovative product forms and improve the performance of existing products in beauty and personal care by using 3i's exclusive research and methods.
Influencing Market Trend
- Rapid Development of Wearable Skin Technology
- Rising Prevalence of Augmented and Virtual Reality in Skin Care Industry
Market Drivers
- Rise in Awareness for Health and Skin Care among Consumers
- Increasing Popularity of Beauty Treatments like Body Sculpting, Skin Tightening, and Skin Rejuvenation
Opportunities
- Rising Demand for At-Home Skin Care Devices
Restraints
- Skin Care Devices may Cause Side-Effects Such as Skin Irritation and Abnormal Peeling of Skin
Challenges
- Problems in Supply Chain Due to Covid19
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners and End-Use Industries
Customization available in this Study:
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