Global Beauty Devices Market Report, published by Variant Market Research, forecast that the global market was valued at $29 Billion in 2016 and is expected to reach $113 Billion by 2024, growing at a CAGR of 18.3% from 2016 to 2024. In geographical segments, Asia-Pacific and Europe are expected to grow at a CAGR of 20.6% and 19.4%, respectively, during the forecast period.

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The global beauty devices is primarily driven by increasing prevalence of skin diseases, increasing hormonal disorders and high disposable income. Yet, the market consists of certain constraints such as high cost of beauty devices and possibility of side-effects. Moreover, rising inclination of consumers towards easy to use at home beauty devices, introduction of new beauty devices and increasing utilization of electronic beauty devices are expected to present potential growth opportunities over the forecast timeframe.

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The global beauty devices market is majorly categorized on the basis of device type, usage area, and geography. By device type the market is further divided into rejuvenation devices, cellulite reduction devices, hair growth devices, hair removal devices, skin dermal rollers, oxygen & steamer devices, light/LED therapy & photo rejuvenation devices, cleansing devices, acne devices, and others. Among which, hair removal devices dominated the largest market share followed by cleansing devices, in the year 2016. Classification by usage area comprises of salon, at home, spa, and others. Where, the largest market share was occupied by salon in 2016, while at home is likely to achieve the fastest CAGR in the forecast timeframe 2016-2024.

Based on geographical analysis, North America, Europe, Asia-Pacific, and Rest of the World (RoW) are the major segments of global beauty devices market. In 2016, North America and Asia-Pacific dominated the market with the total share accounting 52.1% and 22.3%, respectively. Asia-Pacific is estimated to grow with the fastest CAGR i.e. 20.6%, due to, high population base, rising disposable income, and market enlargement by major companies.

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The key players operating in global beauty devices market include Panasonic Corporation, L’Oreal S.A., Syneron Medical Ltd., Home SKinovations Ltd., Koninklijke Philips N.V., Procter & Gamble, Carol Cole Company., Lumenis Ltd., TRIA Beauty, Inc., and Nu Skin Enterprises, among others.

Scope of the Global Beauty Devices Market
Device Type Segments
• Cellulite Reduction Devices
• Skin Dermal Rollers
• Hair Removal Devices
• Cleansing Devices
• Hair Growth Devices
• Rejuvenation Devices
• Light/LED Therapy & Photorejuvenation Devices
• Acne Devices
• Oxygen & Steamer Devices
• Other Devices

Usage Area Segments
• Salon
• Spa
• At Home
• Other Usage Areas

Geography Segments
• North America
o U.S.
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Others

• Asia-Pacific
o China
o Japan
o India
o South Korea
o Others

• RoW
o South America
o Middle East
o Africa

About Variant Market Research

Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.

For further information, visit https://www.variantmarketresearch.com

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