Press release
EMEA Beauty Devices Market 2018; illustrious Growth in Healthcare Sector and Leading Players like L’Oréal, Tria Beauty, etc. – Forecast till 2021
EMEA Beauty Devices Market
EMEA Beauty Devices Market - Scenario:
Beauty devices market in Europe, the Middle East and Africa is expecting a luxurious growth in the coming future. On the basis of market trends and consumer behavior, the usage of beauty devices is dominant across all age groups. Notably, rising geriatric population is the key factor driving the EMEA beauty devices market. It is estimated that EMEA beauty devices market is expected to grow at a CAGR of 7.4% during the forecast period 2017-2021.
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Additionally, increasing disposable income lead to increase in spending on personal care devices as well as rising prevalence of skin and hair problems are fueling the market of EMEA beauty devices. At-home beauty devices have attracted great attention of existing and new marketers since the technology is developing in almost every aspect of life and high adoption of these technologically advanced products by the consumers. Hair regrowth segment leads the European market. However, the presence of alternative low-priced products and occurrence of side-effects from beauty devices may hamper the growth of the market over the review period. For an instance, it is found that usage of some photo rejuvenation devices may cause swelling or itching in the skin.
EMEA Beauty Devices Market - Prestigious Players
Nu Skin Enterprises Inc., L’Oréal Group, Tria Beauty Inc., H.zone, Carol Cole Company, and Koninklijke Philips N.V.
In the last few years, Europe has been experiencing a significant growth in terms of innovation, for instance, H.Zone Professionals (Renée Blanche) introduced a novel concept of mobile barber bus at Cosmoprof Bologna in Italy. The bus was equipped with the latest line of professional grooming products of the company.
EMEA Beauty Devices Market - By Geography
Geographically, the EMEA beauty devices market is classified into Europe (Germany, the UK, France, Italy, and Rest of Europe), The Middle East (the UAE, Israel and Saudi Arabia) and Africa (Egypt, South Africa, and Nigeria). Europe accounts for the largest share of EMEA beauty devices market due to the high demand for designer labeled high-end products and e-commerce channels. Additionally, German consumers spend more money on expensive regional and branded products, which, in turn, increase the demand for the beauty device market.
In Europe, under the sale of goods Act 1979, a beauty device or any medical device must go through some legal obligations. According to this act, any newly launched medical device will be sold out within the European Union (EA) or member states of the European Economic Area (EEA) only if it contains CE marking.
The Middle East & Africa is the fastest growing region in EMEA beauty devices market. Beauty devices market in the UAE and Saudi Arabia together account for the highest market share in the Middle East region.
Segmentation:
The EMEA 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. Hair care product are sub-segmented into hair removal devices, hair styling devices, hair growth devices, and others.
The skin care products are further segmented into light/LED and photorejuvenation therapy devices, acne removal devices, cellulite reduction devices, and others.
On the basis of application, the market is classified into domestic purpose, commercial purpose, and others.
On the basis of end-user, the market is segmented into professional and personalized.
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Some Points from TOC of EMEA Beauty Devices Market Research Report - Forecast till 2021:
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
TOC CONTINUED…
Essential Topics Covered In EMEA Beauty Devices Market Research Report:
What will the market size and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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