Press release
Beauty Devices Market: Asia Pacific to Dominate the Market by 2023
The report about Asia Pacific Beauty Devices Market by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance.Beauty devices are products that aid in enhancing physical appearance. Starting from skin issues to hair problems, these beauty devices promise to provide the same service as one would get from any aesthetic treatment. Widespread awareness about beauty devices and services, increasing prevalence of skin and hair problems along with rapid technological advancement are the driving factors of the market. Asia Pacific Beauty Devices Market is expected to grow at a CAGR 8.2% during the forecast period of 2017-2023.
Rising geriatric population is associated with various age related problems such as age spots, wrinkles, acne and hair loss. Thus, these factors also fuelling growth of the beauty devices market. However, side effects associated with beauty devices and presence of alternative cheap products may hinder the growth to an extent. As per recent study, it is found that Asian skin is more vulnerable to acne outbreaks, compared to other skin types. Specifically it’s found that East Asian people have the lowest skin barrier strength. By taking this aspect into consideration
Key Players in Asia-Pacific Beauty Devices Market
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 segmented on the basis of product type, application, and end users.
On the basis of product type, market is segmented into hair care, skin care, oral care, and others. Hair care product type is further segmented into hair removal devices, hair growth devices, hair styling devices, and others. Sub-segmentation of skin care includes light/LED and photorejuvenation therapy devices, cellulite reduction devices, acne removal devices, and others
On the basis of application type, this market is segmented into domestic purpose, commercial purpose, and others.
Sub-segmentation by end-user type includes professional and personalized users.
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.
Table of Content
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
4.1 Drivers
4.2 Restraints
4.3 Opportunities
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Porters Five Forces
5.3 Demand & Supply: Gap Analysis
5.4 Pricing Analysis
5.5 Investment Opportunity Analysis
… Continued
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Pune, India
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