The global beauty devices market was valued at $19,716.9 million in 2014, and it is expected to grow with a CAGR of 18.9% during the period 2015 – 2020. The global market is increasing, due to growing geriatric population and increasing prevalence of skin diseases. In addition, the increase in disposable income leads to rise in spending on personal care thus, encouraging the growth of the global beauty devices market.
Based on type of devices, the Light/LED Therapy and Photorejuvenation devices market segment is expected to witness fastest growth during the forecast period. Among the Beauty devices by application segment, salon had the largest market size in the global market during 2014; however the At Home segment is expected to witness fastest growth, with 20.9% CAGR during the period 2015 – 2020.
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Growing prevalence of skin and hair problems, such as photoaging of skin and hair, is increasing due to excessive exposure to pollution and UV radiation, resulting in sunburns, reduced skin elasticity, and hair loss is boosting the demand of beauty devices. Skin diseases are also caused by various other factors such as excessive alcohol consumption, environmental pollution, ultraviolet radiation, and tobacco use. Incidence of skin diseases is also increasing due to infections caused by viruses, bacteria, and fungi.
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Aging population acts as a major driver for the global beauty devices market as old age is associated with loss of fibrous tissue and a reduced vascular and glandular network in the layers of skin. In the elderly population, the appearance and characteristics of the skin gets altered, leading to wrinkles, dryness, pigmentary alteration, and sagging of the skin. In addition, anti-aging products and devices help in reducing skin aging, giving a person a younger look by revitalizing and tightening the skin; this fuels the demand for beauty devices.
SCOPE OF THE REPORT
GLOBAL BEAUTY DEVICES MARKET
- By Type – Hair removal devices, Cleansing devices, Acne devices, Oxygen and Steaming devices, Light/LED Therapy and Photorejuvenation devices, Hair Growth devices, Skin Dermal rollers, Cellulite Reduction devices and others.
- By Application – Salon, Spa, At Home and others
- By Region – North America, Europe, Asia, Latin America and Rest of the World
GLOBAL BEAUTY DEVICES MARKET, BY TYPE OF DEVICES
- Hair Removal Devices Market Breakdown By Region
- Cleansing Devices Market Breakdown By Region
- Acne Devices Market Breakdown By Region
- Light/LED Therapy and Photorejuvenation Devices Market Breakdown By Region
- Oxygen and Steaming Devices Market Breakdown By Region
- Hair Growth Devices Market Breakdown By Region
- Skin Dermal Rollers Market Breakdown By Region
- Cellulite Reduction Devices Market Breakdown By Region
- Others Market Breakdown By Region
GLOBAL BEAUTY DEVICES MARKET, BY APPLICATION
- Salon Market Breakdown By Region
- Spa Market Breakdown By Region
- At Home Market Breakdown By Region
- Others Market Breakdown By Region
GLOBAL BEAUTY DEVICES MARKET, BY GEOGRAPHY
- North America Beauty devices market breakdown by country – The U.S, Canada and Rest of North America
- Europe Beauty devices Market Breakdown By Country – Germany, France, Italy, Spain, The U.K., Rest of Europe
- Asia Beauty devices Market Breakdown By Country – China, Japan, India, and Rest of Asia
- Latin America Beauty devices Market By Country – Brazil and Rest of Latin America
- Rest of the World (RoW)
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