The global beauty devices market is anticipated to grow at a CAGR of 19.5% during the forecast period (2022-2028). Beauty devices, also known as cosmetic devices are generally used to improve the body appearance. They may be regulated by FDA depending upon their intended use and whether they impact the structure or function of the body. The market growth is majorly attributable to the growing popularity of personal grooming products and the rapidly changing lifestyles. Adding to this, the gradually altered perspective of people towards personal care and self-grooming have made them more adaptive to beauty devices. Although these devices are used by both males and females; particularly, the inclination of female population towards beauty standards have strengthened the growth opportunities for the global beauty devices market.
The market growth is also attributable to the growing number of spas and salons all over the globe. These salons are the major customers of the beauty devices. They provide service related to several beauty treatments such as hair care, body hair removal, acne treatment, skin care, and so on. All these are diligently done through the use of these beauty devices. All these factors are likely to spur the market growth in the future years. Similarly, advancements in these devices and the novel launch also substantially contribute to the overall market growth. For instance, Skin Authority, one of the prominent beauty brands, had introduced a new line of consumer-facing air filtration devices, called Air Beautification Filtration & DefenderPro. Before, this was solely available for professional use, although now it has been allowed for regular consumers as well via the company’s DTC website.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Usage
- Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape: Panasonic Corporation, Lumenis Ltd., and Koninklijke Philips NV, among others.
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Global Beauty Devices Market Report by Segment
By Type
- Hair Removal
- Acne Treatment
- Light-Emitting Diode Therapy and Photorejuvenation
- Oxygen/Facial Steaming
- Hair Growth
- Dermarolling
- Cellulite Reduction
By Usage
- Salon
- Spa
- At-Home
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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