Beauty Devices Market SWOT Analysis by 2031
The beauty devices market is expected to reach from US$ 43,284.18 million in 2022 to US$ 93,210.39 million by 2031; it is expected to grow at a CAGR of 13.7% from 2022 to 2031.
Increasing work hours and changing lifestyles have contributed to rising levels of stress, resulting in several issues with outward appearance, especially on the skin and hair. Also, the increasing level of pollution shows detrimental effects on an individual’s physical appearance. These issues can be controlled with the use of a Radio-Frequency (RF) roller and blue light devices for acne. Customers have continued to show a keen interest in experiencing beauty and wellness services to rejuvenate their bodies. Thus, grooming products and services from global brands at home have gained popularity across the globe.
Premium beauty brands are offering additional services, such as skin diagnosis, at their outlets to attract customers. In addition, the beauty industry is rapidly developing as cosmetic products are largely purchased by women aged 25–34. Further, the increasing acceptance of beauty devices and products among both men and women also boosts the beauty devices market growth during forecast period.
Asia Pacific is the fastest-growing region in the beauty devices market. China, Japan, and India are among the key contributors to the market in this region. Rising investments from international players in China and India, growing government support, increasing disposable incomes and expanding middle-class population, rising number of beauty devices research institutes, and growing advancements in healthcare infrastructure are among the key factors fueling the beauty devices market in Asia Pacific.
Strategic Insights
Market Insights
Increasing Prevalence of Skin Issues Fuels Beauty Devices Market Growth
Age-related skin issues such as pigmentation, wrinkles, creases, and acne, as well as burn scars due to accidents, are extremely common globally. According to the American Academy of Dermatology Association, acne is the most common skin condition in the US, affecting ~50 million Americans annually. Further, approximately 85% of people between the ages of 12 and 24 experience the onset of minor acne.
Moreover, according to National Eczema Association, 1 in 10 people develop atopic dermatitis during their lifetime, affecting up to 25% of children and 2–3% of adults. Age-related skin issues such as pigmentation, wrinkles, creases, and acne, as well as burn scars caused during accidents are common among masses. According to the American Academy of Dermatology Association, acne is the most common skin condition in the US, affecting ~50 million Americans annually. Additionally, ~85% of people from the age group of 12–24 experience minor acne problems. Further, 1 in 10 people develops atopic dermatitis during their lifetime, and the condition affects up to 25% children and 2–3% of adults. Moreover, ~28% women with age less than 25 admit that they regularly worry about their signs of aging, and this number increases to 42% and 54% among those belonging to the age groups 25–34 and 35–44, respectively.
People aged 30–65 years show signs of aging such as a lack of skin elasticity, wrinkles, and dark spots. According to the Central Intelligence Agency, ~39.9% of the entire German population was aged from 25 to 54 years, and approximately 15.0% of the population was aged from 55 to 65 years in 2021. This factor is anticipated to drive the demand for aesthetic medicine in the country in the coming years. Moreover, according to World Health Organization (WHO), from 2015 to 2031, the number of people in the world aged 60 years or over is projected to grow by 56%, i.e., from 901 million to 1.4 billion. The surge in the geriatric population is playing a pivotal role in the growth of the beauty devices market as aging causes loss of fibrous tissue and reduced vascular and glandular networks in the layers of the skin.
Device Type-Based Insights
Based on device type segment, the beauty devices market is segmented into hair removal devices, cleansing devices, hair growth devices, rejuvenation devices, light/LED therapy and photorejuvenation devices, acne devices, skin dermal rollers, and others. The hair removal devices segment held the largest share of the market in 2022; however, the light/LED therapy and photorejuvenation devices segment is anticipated to register the highest CAGR during 2022–2031. The growing physical consciousness among millennials is increasing the need for alternative methods such as regular hair trimming and body hair shaving. The growth of hair removal devices is also highly influenced by the rising application of intense pulsed light (IPL) devices. The demand for these devices has grown due to their precision in removing hair.
Usage Area-Based Insights
Based on usage area, the beauty devices market is segmented into salon, home, and spa. The salon segment accounted for the largest market share in 2022; however, the home segment is expected to register the highest CAGR during the forecast period.
Distribution Channel-Based Insights
Based on distribution channel, the beauty devices market is bifurcated into retail and e-commerce. The retail segment held a larger share of the market in 2022; however, the e-commerce segment is estimated to register a higher CAGR during the forecast period. Internet retailing is one of the fastest-growing platforms to expand consumer reach for niche products. The demand for beauty devices through e-commerce is growing significantly. Owing to the rising use of smartphones, consumers are well-educated through social media and digital marketing about beauty treatments, which has increased sales of beauty devices through online platforms.
A few of the major companies operating in the beauty devices market are adopting the product innovations strategy to meet the evolving customer demands across the world, which further permits them to maintain their brand name in the global market.
Beauty Devices Market: Competitive Landscape and Key Developments
A few of the key players operating in the beauty devices market include NuFACE; L'OREAL GROUP; Procter & Gamble; Koninklijke Philips N.V.; Panasonic Corporation; TRIA BEAUTY; FOREO; YA-MAN LTD; ZIIP; Silk’n; Nu Skin Enterprises, Inc.; and MTG Co., Ltd. These players focus on expanding and diversifying their market presence and acquiring a novel customer base, thereby tapping prevailing business opportunities.
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- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Device Type, Usage Areas, and Distribution Channel
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Beauty Devices Market – By Device Type
1.3.2 Global Beauty Devices Market – By Usage Area
1.3.3 Global Beauty Devices Market – By Distribution Channel
1.3.4 Global Beauty Devices Market – By Geography
2. Beauty Devices Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Beauty Devices – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Middle East & Africa
4.2.5 South & Central America
4.3 Expert Opinion
5. Global Beautys Devices Market – Industry Dynamics
5.1 Key Drivers
5.1.1 Changing consumer psyche towards beauty and wellness
5.1.2 Increasing Prevalence of Skin Issues
5.2 Key Market Restraints
5.2.1 Undesirable Side Effects
5.3 Key Market Opportunities
5.3.1 Increasing Disposable Incomes and Expanding Middle-Class Population
5.4 Future Trends
5.4.1 Technological Innovations
5.5 Impact Analysis
6. Beauty Devices Market – Global Analysis
6.1 Global Beauty Devices Market Revenue Forecast And Analysis
6.2 Global Beauty Devices Market, By Geography - Forecast And Analysis
6.3 Market Positioning of Key Players
7. Beauty Devices Market Analysis – By Device Type
7.1 Overview
7.2 Beauty Devices Market Revenue Share, by Device Type (2019 and 2027)
7.3 Hair Removal Devices
7.3.1 Overview
7.3.2 Hair Removal Devices: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Cleansing Devices
7.4.1 Overview
7.4.2 Cleansing Devices: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Acne Devices
7.5.1 Overview
7.5.2 Acne Devices: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
7.6 Light/LED Therapy and Photorejuvenation Devices
7.6.1 Overview
7.6.2 Light/LED Therapy and Photorejuvenation Devices: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
7.7 Hair Growth Devices
7.7.1 Overview
7.7.2 Hair Growth Devices: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
7.8 Skin Dermal Rollers
7.8.1 Overview
7.8.2 Skin Dermal Rollers: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
7.9 Rejuvenation Devices
7.9.1 Overview
7.9.2 Rejuvenation Devices: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
7.10 Others
7.10.1 Overview
7.10.2 Others: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
8. Beauty Devices Market – By Usage Area
8.1 Overview
8.2 Beauty Devices Market, by Usage Area, 2019 and 2027 (%)
8.3 Salon
8.3.1 Overview
8.3.2 Salon: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Home
8.4.1 Overview
8.4.2 Home: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Spa
8.5.1 Overview
8.5.2 Spa: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
9. Beauty Devices Market – By Distribution Channel
9.1 Overview
9.2 Beauty Devices Market, by Distribution Channel, 2019 and 2027 (%)
9.3 Retail
9.3.1 Overview
9.3.2 Retail: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
9.4 E-commerce
9.4.1 Overview
9.4.2 E-commerce: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
10. Beauty Devices Market – Geographic Analysis
10.1 North America: Beauty Devices Market
10.1.1 Overview
10.1.2 North America: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.3 North America Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.1.4 North America Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.1.5 North America Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.1.6 North America: Beauty Devices Market, by Country, 2019 & 2027 (%)
10.1.7 US: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.1 US: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.7.2 US Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.1.7.3 US Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.1.7.4 US Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.1.8 Canada: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.1 Canada: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.8.2 Canada Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.1.8.3 Canada Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.1.8.4 Canada Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.1.9 Mexico: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.1 Mexico: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.1.9.2 Mexico Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.1.9.3 Mexico Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.1.9.4 Mexico Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.2 Europe: Beauty Devices Market
10.2.1 Overview
10.2.2 Europe: Beauty Devices Market - Revenue and Forecast to 2027 (USD Million)
10.2.3 Europe Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.2.4 Europe Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.2.5 Europe Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.2.6 Europe: Beauty Devices Market, by Country, 2019 & 2027 (%)
10.2.7 Germany: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.7.1 Germany: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.7.2 Germany Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.2.7.3 Germany Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.2.7.4 Germany Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.2.8 UK: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.8.1 UK: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.8.2 United Kingdom Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.2.8.3 United Kingdom Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.2.8.4 United Kingdom Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.2.9 France: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.9.1 France: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.9.2 France Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.2.9.3 France Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.2.9.4 France Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.2.10 Spain: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.10.1 Spain: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.10.2 Spain Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.2.10.3 Spain Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.2.10.4 Spain Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.2.11 Italy: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.11.1 Italy: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.2.11.2 Italy Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.2.11.3 Italy Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.2.11.4 Italy Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.3 Asia Pacific: Beauty Devices Market
10.3.1 Overview
10.3.2 Asia Pacific: Beauty Devices Market - Revenue and Forecast to 2027 (USD Million)
10.3.3 Asia Pacific Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.3.4 Asia Pacific Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.3.5 Asia Pacific Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.3.6 China: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.3.6.1 China: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.3.6.2 China Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.3.6.3 China Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.3.6.4 China Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.3.7 Japan: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.3.7.1 Japan: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.3.7.2 Japan Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.3.7.3 Japan Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.3.7.4 Japan Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.3.8 India: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.3.8.1 India: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.3.8.2 India Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.3.8.3 India Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.3.8.4 India Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.3.9 South Korea: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.3.9.1 South Korea: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.3.9.2 South Korea Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.3.9.3 South Korea Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.3.9.4 South Korea Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.3.10 Australia: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.3.10.1 Australia: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.3.10.2 Australia Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.3.10.3 Australia Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.3.10.4 Australia Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.4 Middle East & Africa: Beauty Devices Market
10.4.1 Overview
10.4.2 Middle East & Africa: Beauty Devices Market - Revenue and Forecast to 2027 (USD Million)
10.4.3 Middle East & Africa Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.4.4 Middle East & Africa Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.4.5 Middle East & Africa Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.4.6 Middle East & Africa: Beauty Devices Market Share by Country – 2019 & 2027, (%)
10.4.7 Saudi Arabia: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.4.7.1 Saudi Arabia: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.4.7.2 Saudi Arabia Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.4.7.3 Saudi Arabia Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.4.7.4 Saudi Arabia Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.4.8 UAE: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.4.8.1 UAE: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.4.8.2 UAE Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.4.8.3 UAE Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.4.8.4 UAE Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.4.9 South Africa: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
10.4.9.1 South Africa: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.4.9.2 South Africa Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.4.9.3 South Africa Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.4.9.4 South Africa Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.5 South and Central America: Beauty Devices Market
10.5.1 Overview
10.5.2 South and Central America: Beauty Devices Market - Revenue and Forecast to 2027 (US$ Million)
10.5.3 South and Central America Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.5.4 South and Central America Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.5.5 South and Central America Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.5.6 South and Central America: Beauty Devices Market, by Country, 2019 & 2027 (%)
10.5.7 Brazil: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.5.7.1 Brazil: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.5.7.2 Brazil Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.5.7.3 Brazil Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.5.7.4 Brazil Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
10.5.8 Argentina: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.5.8.1 Argentina: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
10.5.8.2 Argentina Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
10.5.8.3 Argentina Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
10.5.8.4 Argentina Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
11. Beauty Devices Market – Industry Landscape
11.1 Overview
11.2 Growth Strategies Done by the Companies in the Market, (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
12. Company Profiles
12.1 NuFACE
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 L'OREAL GROUP
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Procter & Gamble
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Koninklijke Philips N.V.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Panasonic Corporation
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 TRIA BEAUTY
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 FOREO
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 YA-MAN LTD
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 ZIIP
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Silk’n
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
12.11 Nu Skin Enterprises, Inc.
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
12.12 MTG Co.,Ltd
12.12.1 Key Facts
12.12.2 Business Description
12.12.3 Products and Services
12.12.4 Financial Overview
12.12.5 SWOT Analysis
12.12.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 2. North America Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 3. North America Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 4. US Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 5. US Beauty devices market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 6. US Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 7. Canada Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 8. Canada Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 9. Canada Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 10. Mexico Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 11. Mexico Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 12. Mexico Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 13. Europe Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 14. Europe Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 15. Europe Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 16. Germany Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 17. Germany Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 18. Germany Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 19. United Kingdom Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 20. United Kingdom Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 21. United Kingdom Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 22. France Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 23. France Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 24. France Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 25. Spain Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 26. Spain Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 27. Spain Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 28. Italy Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 29. Italy Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 30. Italy Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 31. Asia Pacific Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 32. Asia Pacific Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 33. Asia Pacific Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 34. China Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 35. China Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 36. China Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 37. Japan Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 38. Japan Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 39. Japan Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 40. India Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 41. India Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 42. India Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 43. South Korea Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 44. South Korea Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 45. South Korea Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 46. Australia Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 47. Australia Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 48. Australia Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 49. Middle East & Africa Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 50. Middle East & Africa Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 51. Middle East & Africa Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 52. Saudi Arabia Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 53. Saudi Arabia Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 54. Saudi Arabia Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 55. UAE Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 56. UAE Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 57. UAE Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 58. South Africa Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 59. South Africa Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 60. South Africa Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 61. South and Central America Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 62. South and Central America Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 63. South and Central America Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 64. Brazil Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 65. Brazil Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 66. Brazil Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 67. Argentina Beauty Devices Market, by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 68. Argentina Beauty Devices Market, by Usage Area – Revenue and Forecast to 2027 (USD Million)
Table 69. Argentina Beauty Devices Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 1. Organic Developments Done By Companies
Table 2. Inorganic Developments Done By Companies
Table 3. Glossary of Terms, Beauty devices market
LIST OF FIGURES
Figure 1. Beauty Devices Market Segmentation
Figure 2. Beauty Devices Segmentation - By Geography
Figure 3. Global Beauty Devices Market Overview
Figure 4. The Hair Removal Devices Segment Held Largest Share Of Device Type Segment In Beauty Devices Market
Figure 5. Global Beauty Devices Market, By Geography (US$ Million)
Figure 6. Global Beauty Devices Market- Leading Country Markets (US$ Million)
Figure 7. Global Beauty Devices Market, Industry Landscape
Figure 8. North America PEST Analysis
Figure 9. Europe PEST Analysis
Figure 10. Asia Pacific PEST Analysis
Figure 11. Middle East & Africa PEST Analysis
Figure 12. South & Central America PEST Analysis
Figure 13. Global Beauty Devices Market – Revenue Forecast And Analysis – 2019- 2027
Figure 14. Global Beauty Devices Market – By Geography Forecast And Analysis – 2019- 2027
Figure 15. Market Positioning Of Key Players In Global Beauty Devices Market
Figure 16. Beauty Devices Market Revenue Share, by Device Type (2019 and 2027)
Figure 17. Hair Removal Devices: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Cleansing Devices: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Acne Devices: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Light/LED Therapy and Photorejuvenation Devices: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Hair Growth Devices: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Skin Dermal Rollers: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Rejuvenation Devices: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Others: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Beauty Devices Market, by Usage Area, 2019 and 2027 (%)
Figure 26. Salon: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. Home: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 28. Spa: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. Beauty Devices Market, by Distribution Channel, 2019 and 2027 (%)
Figure 30. Retail: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. E-commerce: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. North America: Beauty Devices Market, by Key Country – Revenue (2019) (USD Million)
Figure 33. North America Beauty Devices Market Revenue and Forecast to 2027 (USD Million)
Figure 34. North America: Beauty Devices Market, by Country, 2019 & 2027 (%)
Figure 35. US: Beauty Devices market – Revenue and Forecast to 2027 (USD Million)
Figure 36. Canada: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 37. Mexico: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 38. Europe: Beauty Devices Market, by Key Country – Revenue (2019) (USD Million)
Figure 39. Europe Beauty Devices Market Revenue and Forecast to 2027 (USD Million)
Figure 40. Europe: Beauty Devices Market, by Country, 2019 & 2027 (%)
Figure 41. Germany: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 42. UK: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 43. France: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 44. Spain: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 45. Italy: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 46. Asia Pacific: Beauty Devices Market, by Key Country – Revenue (2019) (USD Million)
Figure 47. Asia Pacific Beauty Devices Market Revenue and Forecast to 2027 (USD Million)
Figure 48. China: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 49. Japan: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 50. India: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 51. South Korea: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 52. Australia: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 53. Middle East & Africa: Beauty Devices Market, by Key Country – Revenue (2019) (USD Million)
Figure 54. Middle East & Africa Beauty Devices Market Revenue and Forecast to 2027 (USD Million)
Figure 55. Middle East & Africa: Beauty Devices Market Share by Country – 2019 & 2027, (%)
Figure 56. Saudi Arabia: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 57. UAE: Beauty Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 58. South Africa: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 59. South and Central America: Beauty Devices Market, by Key Country – Revenue (2019) (USD Million)
Figure 60. South and Central America Beauty Devices Market Revenue and Forecast to 2027 (USD Million)
Figure 61. South and Central America: Beauty Devices Market, by Country, 2019 & 2027 (%)
Figure 62. Brazil: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 63. Argentina: Beauty Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 64. Growth Strategies Done by the Companies in the Market, (%)
The List of Companies - Beauty Devices Market
- NuFACE
- L'OREAL GROUP
- Procter & Gamble
- Koninklijke Philips N.V.
- Panasonic Corporation
- TRIA BEAUTY
- FOREO
- YA-MAN LTD
- ZIIP
- Silk’n
- Nu Skin Enterprises, Inc.
- MTG Co.,Ltd
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.