About Beauty Devices
The products created for skin & hair care for the purpose of cleansing, beautifying and enhancing the attractive features this is not new. The Beauty Devices market is mainly driven by growing geriatric population, rising prevalence of skin diseases and hair loss, and growing healthcare expenditure. Now these devices are looking like the next key innovation platform to help take the CPG market forward. The beauty devices can be used in multiple ways in the Consumer Packaged Goods market. Beauty industry has traditionally been dominated by R&D.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Beauty Devices market offers a vision into the business strategies of the prominent market players. One of the latest trends in the market is not just what the devices can do but also about the customized treatments and which can be achieve through the device app. The popularity for mobile apps are increasing as they can easily connected to the beauty devices, which help the consumers to achieve a more personalized treatment. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Beauty Devices market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Koninklijke Philips N.V. (Netherlands), Nu Skin Enterprises (United States), Panasonic Corporation (Japan), Syneron Medical Ltd (United States), Home Skinovations Ltd (Israel), TRIA Beauty Inc. (United States), Procter & Gamble Co. (United States), PhotoMedex Inc. (United States), Tria Beauty Inc. (United States), L’Oreal Group (France) and Carol Cole Company (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Beauty Devices market by Type (Skin Care [Hair Removal, Cleansing, Acne, Dermal Rollers], Hair Care [Hair Growth, Hair Straightener & Curler, Hair Dryer] and Others), Application (Commercial Purpose [Saloons, SPA, Clinics/Hospitals], Domestic Purpose and Others) and Region.
On the basis of geography, the market of Beauty 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). North America region held largest market share in the year 2023. Asia Pacific, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Beauty Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Appearance Consciousness and Awareness about Beauty Devices
Market Growth Drivers:
Increasing Demand for Anti-Aging Devices and Growing Preference for Skin Protection
Challenges:
Maintaining Individual-Level Supremacy in Competitive
Restraints:
Safety Concerns Related To Personal Care Products
Opportunities:
Innovative Technological Advancements in Beauty Devices
Feb. 26, 2019 – Nu Skin Enterprises, Inc. announced plans to open in Peru, expanding the company’s presence in Latin America. Peru will begin operations on March 7, 2019, with a grand opening event in Lima, Peru
Key Target Audience
Manufacturers of beauty devices, Suppliers of beauty device parts, Wholesalers, distributers and retailers of beauty devices, Cosmetic industry, Governmental bodies and Research firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.