Beauty Devices Market Industry Survey, Market Size, Competitive Trends, Outlook and Forecasts To 2023
Beauty Devices Market By Type of Device (Cleansing, Hair Removal, Acne, Light/LED Therapy & Photorejuvenation, Dermal Rollers, Hair Growth, Cellulite Reduction, Oxygen & Steamer), by Usage (Spa, Salon, At-Home) - Global Industry Analysis & Forecast to 2023.
The Beauty Devices Market was worth USD 19.81 billion in 2014 and is expected to reach approximately USD 97.27 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 19.34% during the forecast period.
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Competitive Insights:
The leading players in the market are Home Skinovations Ltd, Philips, Panasonic, Carol Cole Company Inc, Lumenis Ltd, iluminage Beauty Inc, Procter & Gamble and Syneron Medical. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Industry Overview:
The advent of new and innovative beauty products is a significant pattern encountered in this market, which is changing the situation of the beauty devices industry. Beauty device manufacturing companies are growing new and inventive products, in light of the expanding business interest for cutting edge hair care and skin care solutions. Launching innovative beauty products in the recent years has empowered clinicians, dermatologists, and aestheticians to treat skin issues, enhance skin surface, and diminish different indications of aging. Rising frequency of skin infections, increasing discretionary income, developing aged populace, expanding consciousness among consumers and awareness about beauty devices, and developing commonness of hormonal disorders are the different elements driving the development of this industry.
Type of Device Outlook and Trend Analysis:
Based on type of device, the quickest development amid the figure time frame is anticipated from light/LED treatment and photorejuvenation devices, at a significant CAGR. The expanding awareness about cutting edge features provided by light/LED treatment and photorejuvenation devices for treating blemishes, wrinkles, and sagged skin is prompting their expanded adoption, and crediting to their quick development in the market.
Beauty Devices Market, By Distribution Channel:
Cleansing, Hair Removal
Acne
Light/LED Therapy & Photorejuvenation
Dermal Rollers
Hair Growth
Cellulite Reduction
Oxygen & Steamer
Beauty Devices Market, By End Use:
Spa
Salon
At-Home
Usage Outlook and Trend Analysis:
On the basis of usage, salons recorded the most elevated usage of these devices in 2017, esteemed at 54.7% in the market. Expanding aged populace, rising predominance of alopecia, and developing awareness about magnificence medications is prompting the high usage of beauty devices in salons.
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Beauty Devices Market, By Region:
North America - U.S, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
Regional Outlook and Trend Analysis:
Asia-Pacific (APAC) is anticipated to be the quickest developing beauty devices market amid the gauge time frame. The accessibility of multinational brands and advent of more affordable beauty products in APAC has a tendency to attract consumers to make use of these devices for different grooming purposes. The simple accessibility of beauty products fabricated by different multinational brands on online channels additionally drives the market development.
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Beauty Devices Market, ToC:
- Introduction
- Executive Summary
- Market Overview
- Market Analysis by Regions
- Beauty Devices Market, By Type of Device
- Beauty Devices Market, By Usage
- Beauty Devices Market, By Region
- Company Profiles
- Global Beauty Devices Market Competition, by Manufacturer
10.Beauty Devices Market Forecast (2018-2023)
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FEATURES OF THE REPORT:
The analysis of Beauty Devices market, their Growth, Demand, position, size and share from different regions are mentioned in detailed.
The key players in the market and their share in the global market are discussed.
The new strategic plan and suggestions that will help old as well as new market players to maintain the competitiveness are also discussed.
The Beauty Devices market report provides some important points related to growth factors, challenges, opportunities, end-user analysis and achievement and so on.
The latest trends that are being followed in the market are included along with an example.
How technological advancement and research, as well as development activities, are impacting the market is explained in detail.
The development plans and policies are discussed as well as manufacturing processes and cost structures too are discussed.
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As the report further, it explains developing plans and policies, making processes, cost structures of Beauty Devices market as well as the leading players. It also concentrates on the aspects like company profile, product images, supply chain relationship, import/export details of Beauty Devices market, market statistics of Beauty Devices market, upcoming development plans, market gains, contact details, consumption ratio. Ultimately, the report includes an in-depth analysis of sub-segments, market dynamics, feasibility study, key strategies used by leading players, market share study and growth prospects of the industry. The report also evaluates the growth established by the market during the forecast period and research conclusions are offered.
TO BE CONTINUED…
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