The global beauty devices market size was US$ 63.19 billion in 2021. The global beauty devices market size is forecast to reach US$ 351.3 billion by 2030, growing at a compound annual growth rate (CAGR) of 21% during the forecast period from 2022 to 2030.
A person's most valuable and impressive quality is their beauty. In response to the problems with skin and hair, the aging population, high pollution, and UV rays, beauty devices are becoming more popular among people. The devices provide benefits in treating these issues and promoting healthy skin. In addition, they are convenient and easy to use. They are effective in treating dermal conditions. In addition, beauty devices help reduce wrinkles and blemishes immediately when used. There are several different categories of beauty devices, including acne devices, hair removal devices, hair growth devices, cleansing devices, oxygen & steamer devices, and rejuvenation devices. These devices are available and used in salons, spas, and homes.
Factors Influencing Market Growth
Impact Analysis of COVID-19
The COVID-19 pandemic negatively impacted the beauty device industry.
The lockdown in many countries has disrupted the supply of beauty devices and raw materials needed for their manufacture. A labor shortage and a lack of raw materials have slowed down the production capacity of beauty device manufacturers, which has lowered the market growth rate. COVID-19 has resulted in a decrease in the demand for various beauty devices worldwide, such as oxygen and steam devices, hair removal devices, acne removal devices, hair growth devices, LED/Light therapy devices, cleansing devices, photo rejuvenation devices, and many more. Thus, their revenue has decreased.
Regional Insights
North America holds the largest share of the beauty devices market. Due to an increasing preference for hair care devices coupled with an increase in skin diseases in North America. In addition, hair care devices are dominating the U.S. market.
The Asia Pacific is forecast to grow at a significant share during the forecast period. In Asia-Pacific, hair care devices are dominating in China. Due to the country having one of the world's fastest-changing lifestyles and increasing adoption of innovative devices for health and hygiene.
Leading Competitors
The leading prominent companies profiled in the global beauty devices market are:
Scope of the Report
The global beauty devices market segmentation focuses on Product Type, Application, and Region.
Segmentation based on Product
Segmentation based on Application
Segmentation based on Region
Table of Content
1 INTRODUCTION OF GLOBAL BEAUTY DEVICES MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL BEAUTY DEVICES MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL BEAUTY DEVICES MARKET, BY PRODUCT TYPE
5.1 Overview
5.2 Acne Devices
5.3 Hair Removal Devices
5.4 Hair Growth Devices
5.5 Cleansing Devices
5.6 Oxygen and Steamer Devices
5.7 Rejuvenation Devices
5.8 Others
6 GLOBAL BEAUTY DEVICES MARKET, BY APPLICATION
6.1 Overview
6.2 Salon
6.3 Spa
6.4 Home
6.5 Others
7 GLOBAL BEAUTY DEVICES MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Rest of the World
7.5.1 Latin America
7.5.2 Middle East And Africa
8 GLOBAL BEAUTY DEVICES MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 L'Oréal SA
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 Panasonic Corporation
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 Home Skinovations Ltd
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 Photomedax Inc.
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 Carol Cole Company
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6 Lumenis Ltd
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments
9.7 The Proctor & Gamble Company
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments
9.8 Syneron Medical
9.8.1 Overview
9.8.2 Financial Performance
9.8.3 Product Outlook
9.8.4 Key Developments
9.9 TRIA Beauty, Inc
9.9.1 Overview
9.9.2 Financial Performance
9.9.3 Product Outlook
9.9.4 Key Developments
9.10 Koninklijke Philips N.V
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4 Key Developments
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