Beauty Devices Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032
The Global Beauty Devices Market Size accounted for USD 34.5 Billion in 2022 and is estimated to achieve a market size of USD 70.1 Billion by 2032 growing at a CAGR of 7.6% from 2023 to 2032.
Beauty Devices Market Highlights
- Global beauty devices market revenue is poised to garner USD 70.1 billion by 2032 with a CAGR of 7.6% from 2023 to 2032
- North America beauty devices market value occupied more than USD 13 billion in 2022
- Asia-Pacific beauty devices market growth will record a CAGR of more than 8% from 2023 to 2032
- Among type, the acne devices sub-segment generated over US$ 15 billion revenue in 2022
- Based application, the salon sub-segment generated around 48% share in 2022
- Focus on natural and organic ingredients is a popular beauty devices market trend that fuels the industry demand
Beauty devices within the study talk over merchandise and services that facilitate raising one’s look. These devices are useful as they're simple to use and convenient. Beauty devices have the capability to treat dermal conditions with high efficiency, in comparison to various creams, medications, and therapies for improving skin appearance. Skin regulates the body temperature and protects the body from bacteria, viruses, and ultraviolet rays. In addition, beauty devices help in providing immediate results, especially in the case of treating wrinkles and blemishes.
Global Beauty Devices Market Dynamics
Market Drivers
- Increasing demand for non-invasive and minimally invasive beauty treatments
- Technological advancements and product innovation
- Growing awareness about skincare and personal grooming
- Rising disposable income and spending power
Market Restraints
- High cost of beauty devices:
- Availability of alternative treatments
- Consumer concerns about safety and effectiveness
Market Opportunities
- Increasing demand for at-home beauty devices
- Growing popularity of multi-functional beauty devices
- Expansion into emerging markets
Beauty Devices Market Report Coverage
| Market | Beauty Devices Market |
| Beauty Devices Market Size 2022 | USD 34.5 Billion |
| Beauty Devices Market Forecast 2032 | USD 70.1 Billion |
| Beauty Devices Market CAGR During 2023 - 2032 | 7.6% |
| Beauty Devices Market Analysis Period | 2020 - 2032 |
| Beauty Devices Market Base Year | 2022 |
| Beauty Devices Market Forecast Data | 2023 - 2032 |
| Segments Covered | By Type, By Application, And By Geography |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | Panasonic Corporation, Carol Cole Company, Nu Skin Enterprises, Inc., Home Skinovations, Ltd., PhotoMedex, Inc., L'Oréal Group, Syneron Medical, Ltd., Procter & Gamble Company, Koninklijke Philips N.V., and TRIA Beauty, Inc. |
| Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis |
Beauty Devices Market Insights
The increasing geriatric population, rising pervasiveness of skin syndromes due to the harmful effect of ultraviolet radiation, and high disposable income resulting in increased spending on personal care products and devices are some of the major factors driving the growth of this market. The risks related to the use of beauty devices, the handiness of easy beauty products, and the high price of beauty devices are preventing the expansion of this market to some extent. Some of the major market trends such as the introduction of innovative and advanced products, increasing utilization of electronic beauty devices, and rising inclination of shoppers towards simple-to-use at-home beauty devices are expected to witness market growth in the near future.
The beauty devices market in North America is mounting owing to the rise in the aging population and the availability of advanced devices within the region. Rendering to the UN publication, ‘World Population Ageing 2015’, within Northern America, the population of individuals aged sixty years and higher was close to 74.6 million in 2015, and it is predicted to reach close to 104.8 million by 2030. In addition, the accumulated awareness concerning potential applications of beauty devices for skin treatment and hair diseases is additionally causative to the expansion of the beauty device market in North America. In 2015, North America held a 50% share in terms of revenue with regard to the world beauty devices market.
Beauty Devices Market Segmentation
The worldwide market for beauty devices is split based on type, application, and geography.
Beauty Device Market Types
- Acne Devices
- Hair Removal Devices
- Hair Growth Devices
- Cleansing Devices
- Oxygen and Steamer Devices
- Rejuvenation Devices
- Others
According to our beauty devices industry analysis, acne devices dominated the market with utmost share in 2022. acne devices held the largest market share. Devices for treating acne and enhancing skin health include those that employ technologies like blue light, red light, and heat therapy. The desire for non-invasive and efficient treatments for acne-prone skin is driving the rapid growth of the acne devices sub-segment in the beauty devices market. Laser, intense pulsed light (IPL), and electrolysis technologies are used in hair removal equipment to eliminate unwanted hair from the body. Due to the significant demand for long-lasting hair removal products, this sub-segment is one of the biggest and most established in the market for beauty devices. Low-level light therapy (LLLT) is a technology that is used by hair growth devices to promote hair growth and enhance the health of the hair. This sub-segment of the beauty device market is one that is rapidly expanding, driven by rising awareness of hair loss and the need for efficient and practical hair growth therapies.
Beauty Device Market Applications
- Salon
- Spa
- Home
- Others
According to beauty devices market forecast, the salon sub-segment accounted for the majority of the share from 2023 to 2032. The salon section consists of cosmetic equipment used in professional salons, such as body sculpting, facial, and hair removal equipment. Due to the significant demand for professional-grade beauty devices from salons and spas, this category is one of the biggest and most established application segments in the market for beauty devices. The spa category comprises beauty equipment like oxygen and steamer machines, massage devices, and body wraps that are used in spas for aesthetic and relaxation treatments. Due to rising demand for spa services and wellness programmes, this application area in the market for beauty devices is smaller but expanding. The home segment of the beauty market comprises products for treating acne, hair removal, and facial washing that consumers can use at home. Due to the simplicity and affordability of using beauty devices at home, as well as the rising demand for at-home beauty treatments, this category is one of the fastest-growing application segments in the market for beauty devices.
Beauty Devices Market Regional Outlook
North America
- U.S.
- Canada
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
The Middle East & Africa
- South Africa
- GCC Countries
- Rest of the Middle East & Africa (ME&A)
Beauty Devices Market Regional Analysis
One of the biggest and most established marketplaces for beauty devices is in North America, which includes the United States and Canada. High consumer spending and awareness on personal care goods, as well as the presence of numerous major manufacturers of beauty devices in the area, are the main market drivers in this region.
The need for high-end and cutting-edge beauty goods is significant in the mature European beauty devices industry, which includes nations like the United Kingdom, Germany, and France. Due to rising consumer awareness of the advantages of beauty gadgets and the existence of several major producers in the area, the market in this area is booming.
The market for beauty gadgets in the Asia-Pacific area, which includes nations like China, Japan, and South Korea, is expanding quickly. The market in this region is fueled by rising consumer demand for cutting-edge beauty goods and the presence of numerous significant manufacturers of beauty devices there.
Beauty Devices Market Players
Some of the top beauty devices companies offered in the professional report include Panasonic Corporation, Carol Cole Company, Nu Skin Enterprises, Inc., Home Skinovations, Ltd., PhotoMedex, Inc., L'Oréal Group, Syneron Medical, Ltd., Procter & Gamble Company, Koninklijke Philips N.V., and TRIA Beauty, Inc.
Frequently Asked Questions
What was the market size of the global beauty devices in 2022?
The market size of beauty devices was USD 34.5 billion in 2022.
What is the CAGR of the global beauty devices market from 2023 to 2032?
The CAGR of beauty devices is 7.6% during the analysis period of 2023 to 2032.
Which are the key players in the beauty devices market?
The key players operating in the global market are including Panasonic Corporation, Carol Cole Company, Nu Skin Enterprises, Inc., Home Skinovations, Ltd., PhotoMedex, Inc., L'Oréal Group, Syneron Medical, Ltd., Procter & Gamble Company, Koninklijke Philips N.V., and TRIA Beauty, Inc.
Which region dominated the global beauty devices market share?
North America held the dominating position in beauty devices industry during the analysis period of 2023 to 2032.
Which region registered fastest CAGR from 2023 to 2032?
Asia-Pacific region exhibited fastest growing CAGR for market of beauty devices during the analysis period of 2023 to 2032.
What are the current trends and dynamics in the global beauty devices industry?
The current trends and dynamics in the beauty devices industry include increasing demand for non-invasive and minimally invasive beauty treatments, technological advancements and product innovation, and growing awareness about skincare and personal grooming.
Which type held the maximum share in 2022?
The acne devices type held the maximum share of the beauty devices industry.
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