Beauty Devices Market Growing Demand in Asia Pacific Region till 2023; Says L’Oréal Group, Panasonic Co, Home Skinovations Ltd, TRIA Beauty Inc and More

Asia Pacific Beauty Devices Market is expected to grow at a CAGR 8.2% during the forecast period of 2017-2023.

With increasing popularity of beauty treatments and rapid development in technology, it’s clear that we are living in the gadget generation. In recent years, beauty related technologies such as, wrinkle eraser and temporary tightener have made a leap from clinics or salons to homes. Rise in prevalence of skin and hair problems, increasing popularity of beauty treatment services, rise in geriatric population and growth of healthcare expenditure are promoting growth of beauty devices market. The study points out that this market in China and India are particularly growing fast due to increasing disposable incomes and high population size. Despite the growing demand of beauty devices, a number of legitimate issues are also associated with market of the same. Consumers are more concerned about side effects associated with usage of these devices and availability of alternative cheap products.

Key Players in Asia-Pacific Beauty Devices Market

Some of the key player in the market are L’Oréal Group, Nu Skin Enterprises Inc, Panasonic Corporation, Syneron Medical Ltd, Home Skinovations Ltd, TRIA Beauty Inc, Procter & Gamble, and others.

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Segmentation:

The Asia Pacific beauty devices market is classified on the basis of product type, application, and end user.

Based on product type, market is segregated into hair care, skin care, oral care, and others. Sub-segmentation of hair care product includes hair removal devices, hair styling devices, hair growth devices, and others. Skin care is further segmented into light/LED and photo rejuvenation therapy devices, acne removal devices, cellulite reduction devices, and others.

On the basis of application type, market is classified into domestic purpose, commercial purpose, and others.

On the basis of end user, market is segmented into professional and personalized.

Regional Analysis:

On the basis of region, the Asia Pacific beauty devices market is segmented into China, Japan, India, and rest of Asia Pacific. Asia Pacific is expected to register the fastest growing market, during the forecast period i.e. 2017-2023. In the Asia Pacific region, China is commanding the largest market share owing to tremendous economic development and increasing aging population. It is also reported that this region is dominating the hair styling equipment market, with special emphasis on China, and Japan. Although, freshly introduced beauty devices are getting acceptance however, it is also noticed that FDA, and CFDA impose strict acceptance criteria for such devices.

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Brief TOC

1 Report Prologue

2 Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

2.3 Market Structure

2.4. Market Segmentation

3 Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4 Market Dynamics

…TOC Continued

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