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Beauty Devices Industry Trend Analysis

11-28-2018 05:04 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Bekryl Market Analysts

Beauty Devices Industry Trends By Bekryl

Beauty Devices Industry Trends By Bekryl

Beauty devices market is worth over US$ 31 billion in 2018, as reported by Bekryl Market Analysts.

There are a range of beauty devices available in the market including LED devices, acne devices, and hair removal devices. The demand for beauty devices is increasing owing to decline in beauty product cost and the consumers looking out for aesthetic looks. Home based beauty devices will register fastest growth for next ten years.

Majority of the beauty devices are expected to be sold in North America (39%) followed by Western Europe and Asia Pacific. Higher healthcare spending and relatively larger middle aged population will drive the sales in the region.

Few key trends witnessed in Global Beauty Devices Market:

North America to dominate the global sales
At-home beauty devices to register fastest growth
Leading players to focus on digitization and product innovation in order to capture a major chunk of the market.
Inorganic growth strategy likely to play a crucial role in overall development of the beauty devices industry.
Industry Competition Assessment:

Beauty device market is dominated by handful of companies having major presence in Europe and U.S. New players are also emerging in the market.

The Proctor & Gamble Company, Photomedax Inc., Carol Cole Company, TRIA Beauty, Inc., Syneron Medical, Home SKinovations Ltd, L’Oreal SA, Lumenis Ltd., Panasonic Corporation, and Koninklijke Philips N.V. are few beauty devices companies having global presence.

To know more, visit https://bekryl.com/industry-trends/beauty-devices-market-size-analysis

Bekryl Market Analysts is a global market research and consulting service firm that helps industry stakeholders to take smarter decisions and achieve remarkable growth in today’s disruptive business environment. We bring together data, leader’s opinion and analytical service to help client define their growth strategy ranging from mergers and acquisitions based strategic decisions to finding market opportunity in business verticals namely chemicals, food & beverages, automotive, electronics and industrial production.

Company Name: Bekryl Market Analysts
Contact Person: Burke B.
Email: Send Email
Phone: +1 347 752 5777
Address:99 Wall Street Suite 622
City: New York
State: New York
Country: United States

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