Beauty devices are the products and services which help in improving appearance of a person. These devices have various benefits as they are convenient to use and portable. The beauty devices help in cleansing the skin, and are also treat the aging-related problems such as wrinkles, acne, scars, spots and hair loss. The beauty products include hair removal devices, hair growth devices, hair styling devices, light/led, cellulite reduction devices, acne removal devices photo rejuvenation therapy devices and others.
The Global Beauty Devices Market is expected to grow at a CAGR of 7.8 % during the forecast period 2017-2023.
Beauty devices are attracting high attention of market, since the innovative technology is developing in almost every aspect of life. These beauty devices are accepted by the consumers. However, the presence of substitute with lower price and side-effects from beauty devices may hamper the upside move of the market over the review period.
Some of key the players in the market are
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The Americas dominate the global beauty devices market owing to the presence of huge patient with PCOS, rising genetic population, and increasing research & development support from government. With the increasing in product demands, beauty devices players are shaping up their products and sales accordingly and it is imperative for existing marketers and new entrants to focus more on new and advanced technology for beauty devices.
Europe holds the second largest share of the global beauty devices market as result of increasing prevalence of skin and hair related problems, increasing aging population, and rising awareness about beauty devices. Moreover, the growing public awareness about beauty devices likely to boost the European market.
Asia Pacific is the fastest growing beauty devices market across the globe, owing to increasing popularity of beauty devices treatments and rapid development in new technology. It’s clear that we are living in the gadget generation. In recent years, beauty related technologies such as, wrinkle eraser has made a leap from clinics or salons to homes. The study points show that the market in China and India are particularly growing fast due to increasing disposable incomes and high population size.
The Middle East and Africa holds the least share of the global market due to presence of alternative low-priced beauty devices.
LIST OF FIGURES
Figure 1 Research Process
Figure 2 Segmentation for Global Beauty Devices Market
Figure 3 Segmentation Market Dynamics for Beauty Devices Market
Figure 4 Global Beauty Devices Market Share, by Product Type 2018
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Figure 5 Global Beauty Devices Market Share, by Application 2018
Figure 6 Global Beauty Devices Market Share, by End Users, 2018
Figure 7 Global Beauty Devices Market Share, by Region, 2018
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