Home-Use Beauty Devices Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 

Global home-use beauty devices market is expected to register a CAGR of around 25% over the period of 2021-2027. The key factors attributed towards the growing market of home-use beauty devices are rising prevalence of skin diseases, the surging geriatric population, growing hormonal disorders, and rising awareness regarding beauty devices coupled with the growing focus of major stakeholders in the beauty industry to adopt to make beauty products more sustainable with no side effects and eco-friendlier. Major beauty companies are investing heavily in their products due to rising appearance consciousness and the rising incidence of skin aging problems. As per the US census bureau, the female population around 50% of women aged between 30 and 44 years in 2020. Furthermore, various factors such as hormonal imbalance can cause conditions like hirsutism which is responsible for excessive body hair growth and significantly contributes to the market for aesthetic devices. Therefore, the market for home-use beauty devices is expected to witness significant growth during the forecast period.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=20926

 According to UnivDatos Market Insights (UMI)’ research report “global home-use beauty devices market”, the market is expected to witness a robust growth during the forecast period 2021-2027F. This is mainly due to the increasing geriatric population, skin issues caused by sun rays, and awareness regarding personal hygiene among consumers. For instance, in January 2020, L'Oréal S.A. unveiled an artificial intelligence (AI)-enabled at-home skincare device, named Perso. It is equipped with a patented motorized system that allows it to provide personalized skincare formulas for customers (in the form of moisturizers, serums, and under-eye creams) based on real-time data and trend analysis. The Perso device is operable via Bluetooth and is NFC (Near-field Communication) compliant, which basically means that it works best in tandem with a smartphone. Thus, with the growing focus on technology and smartphones used by consumers which gives detailed information across the world. Therefore, the market for home-use beauty devices is expected to witness a significant CAGR of 25% during the forecast period.

 

Based on type, the market is classified into hair removal, cleansing, acne treatment, light-emitting diode (led) therapy and photo rejuvenation, oxygen/facial steaming, hair growth, and others. Amongst types, the hair removal category accounted for a significant share of the market. This is mainly due to the increasing need to maintain a good and groomed physical appearance is the main factor behind the growth of this market. Over the forthcoming years, the rising popularity of home-use hair removal techniques among the younger generation is likely to boost the demand for hair removal solutions remarkably, worldwide.

𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 - https://univdatos.com/get-a-free-sample-form-php/?product_id=20926

Based on technology, the market is categorized into underground laser/ light, vibration, RF energy, nano-iconic, micro needling, and electroporation. Among these, laser/light is expected to witness the highest CAGR during the forecast period. The laser/light technology boosts the production of fibroblasts, which results in an increase in the volume of collagen, and this is due to the increasing utilization of light-based home-use beauty devices around the world for several applications. Laser/light targets specific areas of the skin, without harming the healthy skin part. This eventually helps in the improvement of the overall skin condition of patients.

 

North America to witness extensive growth

For a better understanding of the market adoption of the home-use beauty devices industry, the market is analyzed based on its worldwide presence in the countries such as North America (US, Canada, Rest of North America); Europe (Germany, UK, France, Italy, Spain, and Rest of Europe); Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific), and Rest of World. North America is expected to witness a significant CAGR during the forecast period on account of growing various beauty devices and skin treatments activities in countries like the U.S. and Canada. The endorsement by Hollywood stars also significantly contributed to the considerable growth of the state in the U.S beauty devices market. The increased consumer awareness regarding the availability of various beauty devices and skin treatments like skin rejuvenation. Furthermore, the increasing geriatric population and new product launches, and various developmental strategies adopted by the regional market will drive market growth.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global Home-use beauty devices market are Nu Skin Enterprises Inc., Tria Beauty Inc., Koninklijke Philips N.V., Carol Cole Company, L’Oreal Group, Procter & Gamble, Home Skinovations Ltd., Photomedex Inc., Candela Corporation, MTG Co. Ltd. are some of the key players in the market. Several M&A’s along with partnerships have been undertaken by these players to boost their presence in different regions.

 

“Global Home-use beauty devices Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.      

For more informative information, please visit us – https://univdatos.com/report/home-use-beauty-devices-market/

Market Segmentation:

1.      By Types (Hair Removal, Cleansing, Acne Treatment, Light-Emitting Diode (Led) Therapy and Photorejuvenation, Oxygen/Facial Steaming, Hair Growth, Others)

2.      By Technology (Laser/ Light, Vibration, Rf Energy, Nano-Iconic, Microneedling, Electroporation)

3.      By End User (Beauty Salons, Specialty Stores, Online Channels, Others)

4.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

5.      By Company (Nu Skin Enterprises Inc., Tria Beauty Inc., Koninklijke Philips N.V., Carol Cole Company, L’Oreal Group, Procter & Gamble, Home Skinovations Ltd., Photomedex Inc., Candela Corporation, MTG Co. Ltd.)

Key questions answered in the study:

1.      What are the current and future trends of the global home-use beauty devices industry?

2.      How the industry has been evolving in terms of technology and application?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global home-use beauty devices industry?

5.      What is the customer orientation, purchase behavior, and expectations from the global home-use beauty devices suppliers across various region and countries?

 

Table of Content –

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL HOME-USE BEAUTY DEVICES MARKET COVID-19 IMPACT

6 GLOBAL HOME-USE BEAUTY DEVICES MARKET REVENUE (USD BN), 2019-2027F

7 MARKET INSIGHTS BY TYPE

8 MARKET INSIGHTS BY TECHNOLOGY

9 MARKET INSIGHTS BY END USER

10 MARKET INSIGHTS BY REGION

11 HOME-USE BEAUTY DEVICES MARKET DYNAMICS

12 HOME-USE BEAUTY DEVICES MARKET OPPORTUNITIES

13 HOME-USE BEAUTY DEVICES MARKET TRENDS

14 POLICY & REGULATORY FRAMEWORK

15 DEMAND AND SUPPLY-SIDE ANALYSIS

16 VALUE CHAIN ANALYSIS

17 COMPETITIVE SCENARIO

18 COMPANY PROFILED

19 DISCLAIMER

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