Global Electric Beauty Devices Market Overview:
Among other things, beauty devices are used for hair development, hair removal, cellulite reduction, anti-aging, and body firming/toning. Low electric currents are used in a number of cosmetic electrotherapy procedures. The variety of procedures used to maintain the integrity of the skin, improve its look, and treat skin disorders is known as skincare. Due to the increasing exposure to pollutants and UV rays, there is a growing awareness of hair and skin issues, namely photo aging of the skin and hair. This has an impact on diminished skin elasticity, hair loss, and sunburns, which in turn raises the need for beauty products on the global market. Beauty tools make skin healthy and give extreme hell in the treatment of various disorders and concerns.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Electric Beauty Devices Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increase in the Geriatric Population
- Rise in the Incidence of Hair and Skin Problems
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Restraints | - Side-Effects Associated With Beauty Devices Such As Excessive Swelling, Blistering and Superficial Burn
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Road Blocks / Challenges | - Decline in the Penetration in the Advancing and Underdeveloped Countries and Dearth of Consumer’s Knowledge
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Gaps & Opportunities | - New Product Advancements
- New Product Launches
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Competitive Landscape:
Due to the presence of numerous local businesses, the market is moderately fragmented. These market participants are pursuing methods like investments, collaborations, acquisitions, and mergers in an effort to increase their market share. Additionally, businesses are investing in the creation of enhanced products. They are also concentrating on keeping their prices competitive.
Some of the key players profiled in the report are Nu Skin (United States), CANDELA CORPORATION (United States), Silkn (United States), TRIA BEAUTY (United States), Curallux LLC. (United States), Termosalud (Spain), FOREO (Sweden), Tech4Beauty (Germany), Conair Corporation (United States) and Lumenis (Israel). Additionally, following companies can also be profiled that are part of our coverage like Cynosure (United States), Sciton, Inc. (United States), El.En. S.p.A. (Italy), Panasonic Corporation (Japan), Alma Lasers (Israel) and Bausch Health Companies Inc. (Canada). Analyst at AMA Research see United States Vendors to retain maximum share of Global Electric Beauty Devices market by 2027. Considering Market by Distribution Channel, the sub-segment i.e. Direct Sales will boost the Electric Beauty Devices market. Considering Market by Gender, the sub-segment i.e. Female will boost the Electric Beauty Devices market.
Latest Market Insights:
In 2020, Shiseido Cosmetics stated that it would collaborate with YA-MAN Limited to produce and sell anti-aging cosmetic products all throughout Japan.
A new line of DIY female grooming products built on the most recent technology will be released by Koninklijke Philips N.V. in 2020. These items can be used to enhance facial beauty and hair care. The devices' sophisticated microprocessor technology allows for real-time adaptation to give individualised care., and The ageing LOC Boost gadget from Nu Skin Enterprises Inc. was introduced in 2021. It uses microcurrent waveforms and variable pulse technology to give skin a dramatically brighter, plumper, and springier appearance.
What Can be Explored with the Electric Beauty Devices Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Electric Beauty Devices Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Electric Beauty Devices
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Electric Beauty Devices market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Electric Beauty Devices market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Electric Beauty Devices Manufacturers, Raw Material Suppliers, Distributors, Venture Capitalists and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.