Beauty Devices Market Size, Share, Top Players, Demands, Overview, Component, Market Revenue and Forecast to 2028

Market Overview

Beauty devices are products capable of the beauty or appearance of individuals. Such devices have been gaining high popularity, mostly among individuals from the current generation who are conscious of their appearance and looks. Such devices can solve beauty-related issues such as acne, wrinkles, age spots, blemishes, pigmentation and pimples. These devices help solve skin and hair problems and help people achieve the ideal look they desire. Various factors, such as air pollution, alcohol or other addictive substances, high exposure to ultraviolet rays, etc., deteriorate the skin quality of both men and women.   

The global Beauty Devices Market is estimated to witness a CAGR of 12.5 % by 2028 and reach a total revenue of $ 50.40 billion.

High consciousness among people regarding their looks and awareness of the latest beauty gadgets are some of the key factors driving the global Beauty Devices Market. The market is expected to flourish during the forecasted period because of the high application of beauty devices in varying settings. Applying new technologies to beauty devices can significantly impact market performance by expanding device functionality.

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Market Segments

The global Beauty Devices Market can be segmented into type and usage. Based on the type of beauty devices, the market can be further categorized into cellulite reduction, hair removal, cleansing, hair growth, acne treatment, derma rolling, oxygen-facial streaming, and light-emitted diode-photo rejuvenation. The performance of each of these categories will be influenced by the specific skin and hair needs of the population. The market can be further bifurcated based on usage into at-home, salon and spa. During the forecasted period, the surge in the number of salons and the opening of new salon franchises will influence the performance of the global Beauty Devices Market.

Regional Analysis

The global Beauty Devices Market can be categorized into several regional segments based on the areas in which it exists and functions. The major regional segments of the market include Europe, North America, and the Asia Pacific. Latin America and the Middle East, and Africa. The North American market segment has been leading at the global level. The customers’ spending power in the region is high, and the market is flourishing and prospering.

Additionally, high technological advancements and innovations in the region have been serving as a catalyst and helping the region to reach new heights. During the forecasted period, the segment is expected to deliver consistent performance. The Asia Pacific market is also undergoing major expansion lately due to the emergence of key players like China and India. In the future, these nations will play an instrumental role in positively influencing the growth of the global Beauty Devices Market.  

The key players of the beauty devices market are:

Tria Beauty Inc,L’Oreal S.A,PhotoMedex Inc,Nu Skin Enterprises ,Procter & Gamble Co,Panasonic Corporation,TRIA Beauty Inc,Syneron Medical Ltd,Home Skinovations Ltd

Industry News

August 2022 – TRIA Beauty INC., a major player in the global Beauty Devices Market, has integrated the latest technologies into its robust diode home laser hair removal device. Integrating innovative features ensures that the hair removal solution is of top-notch quality. The company has been working on integrating new technologies to enhance its beauty solutions.

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