Beauty Devices Market Size to Register a Growth of 11.5% CAGR Anticipated to Top USD 73.2 Billion by 2032

Research Reports

Oct 16, 2023

Beauty Devices Market Research Report Information By Product (Hair Care, Skin Care, and Oral Care), By Application (Domestic Purpose, Commercial Purpose, and Others), By End Users (Professional and Personalized), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2032

Market Research Future (MRFR) report highlights Beauty Devices Market Information By Compound, Application, Distribution Channel And Region – Forecast till 2032″; the market will achieve USD 73.2 billion by 2032 at an 11.5% CAGR.

Most individuals are comfortable with beauty tools and how to use them. The phrase “beauty devices” describes items that enhance one’s appearance. It is easy to use and beneficial for problems with the skin and hair. It provides services for attractiveness that are like those for aesthetics. Today’s skin, hair, and aging are increasingly widespread due to UV radiation exposure. Due to sunburns, a decline in the skin’s flexibility, and hair loss, customers are encouraged to undergo various cosmetic procedures. Beauty tools have several benefits. There has been a spike in the demand for medical supplies to care for the sick population. Many medical devices used in primary clinical therapy are respiratory support devices, including oxygen generators, life support machines, and monitoring.

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A significant increase in requests for medical products, including gloves, masks, and protective eyewear, has also been brought on by COVID-19. Due to the rise of COVID-19 instances worldwide, there has been an upsurge in the demand for medical supplies from healthcare providers and the public for preventative measures. To guarantee a sufficient and ongoing supply of personal safety gear in the market, manufacturers of these goods can take advantage of the rising demand for medical supplies. They can be applied to treat, enhance, and improve skin appearance. In addition to other items, there are devices for the hands, skin, hair, and feet. These cosmetic tools are widely used in spas, salons, and at-home beautification treatments.

The elderly frequently experience these ailments. Wrinkles, pigmentation, and dryness are all signs of aging. The market for beauty devices is expected to rise due to the beautification gadgets’ ability to produce skin that seems younger. Hormone imbalances are caused by changes in lifestyle and other factors in individuals. It results in severe acne outbreaks and other skin problems, which could speed up market expansion.

Market Competitive Landscape:

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

Market Segmentation

Based on application, the market for beauty devices is segmented into household, commercial, and other uses. The market data for beauty equipment has been divided into expert and personalized categories by end users. Hair, skincare, and dental care are among the products in the market classification of beauty devices.

Browse In-depth Market Research Report (110 Pages) on Beauty Devices: https://www.marketresearchfuture.com/reports/beauty-devices-market-562

Regional Insights

North America dominated the market for beauty products, and this trend is anticipated to continue over the projection period. This is explained by the consumers’ propensity to use new technology in the market for beauty gadgets in this area. The market expansion of North American beauty devices is fueled by the rising prevalence of several hair and skin conditions, a developed healthcare infrastructure, an aging population, many industry participants, and an increase in people’s awareness of their bodies. Additionally, the expansion of the regional revenue share is further fueled by increased product launches, acquisitions, mergers, and product approvals.

The market is anticipated to expand significantly over the next few years because of the aging population and increasing preferences for at-home beauty treatments. Due to the growing elderly population, Asia-Pacific is also anticipated to rise significantly. Additionally, the urbanization of many nations in this region has increased consumer demand for beauty products, fueling market expansion.

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