Global Beauty Devices Market to Grow at 16.6% during 2024-2032, Propelled by the Rising Consumer Consciousness Toward Physical Appearances

August 22, 2022 | Retail

The latest report by IMARC Group, titled “Beauty Devices Market Report by Product Type (Acne Devices, Hair Removal Devices, Hair Growth Devices, Cleansing Devices, Oxygen and Steamer Devices, Rejuvenation Devices, and Others), Portability (Pocket-Sized/Handheld Device, Fixed), Mode of Operation (Electric and Battery Operated, Manual), Gender (Female, Male), Application (Salon, Spa, Home, and Others), and Region 2024-2032”, finds that the global beauty devices market is expected to exhibit a CAGR of 16.6% during the forecast period (2024-2032). Beauty devices are tools used to improve physical appearance and maintain personal hygiene. Some commonly used beauty devices include hair removal tools, acne devices, steamer machines, hair care devices, and skin derma rollers. They are used for the treatment of numerous skin conditions, including blemishes, pigmentation, wrinkles, age spots and freckles. In recent years, beauty devices have gained immense traction owing to their extensive adoption in spas, derma clinics, salons, and others.

Global Beauty Devices Market Trends:

One of the primary factors driving the market is the rising consumer consciousness toward physical appearances, leading to a desire to improve and beautify their looks and treat skin defects. Additionally, the expanding income levels of the masses are creating a positive market outlook. Other than this, the rising incidences of hormonal disorders and increasing hair and skin problems are catalyzing market growth. Besides this, the rising geriatric population is becoming more inclined toward anti-aging beauty tools that minimize aging indications and tighten the skin. Furthermore, celebrity endorsements and the rising influence of social media platforms promoting the use of beauty devices are creating lucrative opportunities for the leading players. Moreover, the introduction of devices used for the treatment of psoriasis, acne, and atopic dermatitis and continuous technological improvements, such as the integration of beauty devices with artificial intelligence, electric muscle stimulation and radio frequency, are also escalating the product demand. Other growth-inducing factors include increasing pollution levels, hectic work schedules, the introduction of numerous product types catering to various skin types, and the growing number of spas and salons across the world.

Market Summary:

  • Based on the product type, the market is divided into acne, hair removal, hair growth, cleansing, oxygen and steamer, rejuvenation, and other devices.
  • On the basis of portability, the market has been bifurcated into pocket-sized/ handheld device and fixed.
  • Based on the mode of operation, the market has been categorized into electric and battery operated, and manual.
  • On the basis of gender, the market has been classified into female and male.
  • Based on the application, the market has been segmented into salon, spa, home, and others.
  • Region-wise, the market has been classified into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the market has also been analyzed, with some of the key players being Candela Corporation, Capillus LLC., Conair LLC, Home Skinovations Inc., Koninklijke Philips N.V, Lumenis Be Ltd., Nu Skin Enterprises Inc., Panasonic Corporation, Sciton Inc., Termosalud S.L., The Procter & Gamble Company, TRIA Beauty Inc., and Ya-Man Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product Type, Portability, Mode of Operation, Gender, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Candela Corporation, Capillus LLC., Conair LLC, Home Skinovations Inc., Koninklijke Philips N.V, Lumenis Be Ltd., Nu Skin Enterprises Inc., Panasonic Corporation, Sciton Inc., Termosalud S.L., The Procter & Gamble Company, TRIA Beauty Inc. and Ya-Man Ltd.
Customization Scope 10% Free Customization
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Global Beauty Devices Market to Grow at 16.6% during 2024-2032, Propelled by the Rising Consumer Consciousness Toward Physical Appearances
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