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Beauty Devices Market Global and Regional Analysis by Major Competitor, Product segments, Key Regions and Applications 2024
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Asia-Pacific beauty devices industry is expected to witness a significant growth at a high CAGR of 19.8% during the forecast period. The growth is driven by the rising number of local players in the regional market, the large consumer base, and the increase in number of salon and spas.
Additionally, most of the local players in the region are investing on the development of compact, cost-effective, and technologically advanced beauty devices that will stimulate the growth of the Asia-Pacific beauty devices market in the coming future.
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The key players of the beauty devices industry include Panasonic Corporation, L’Oreal SA, Photomedax Inc., The Proctor & Gamble Company, Koninklijke Philips N.V. The market players for beauty devices are investing in the development of innovative and cost-effective products to target large pool of consumers.
The companies are also collaborating with other industry players to attain a large market share in the future. Some of the other players include Home Skinovations Ltd, Carol Cole Company, Lumenis Ltd., Syneron Medical, and TRIA Beauty, Inc.
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