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Beauty Devices Market by Overview, Growth Opportunities, Manufacturing Cost Structure Analysis, Regional Outlook and Industry Insights
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The easy availability of beauty devices and their simplified operation is making them popular for at-home uses. The at-home beauty devices market is progressing as these devices are integrated with advanced dermatologically-safe technologies. Skin rejuvenation, hair growth, hair removal, de-pigmentation, and acne reduction are the most popular application areas for which these devices are bought for at-home use. These are becoming a trend among the young and old population alike as they help people maintain a youthful look and minimize signs of aging.
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The segments of the market are geography, type of device, and usage. On the basis of usage, the subdivisions are at-home, salon, spa, and others. In 2017, salon was the leading subdivision in the beauty devices market with a value share of 54.7%. The rising prevalence of alopecia, increasing geriatric population, and surging awareness about beauty treatments are driving their use at salons. During the forecast period, Asia-Pacific is expected to be the fastest-growing market owing to the popularity of grooming products in the region.
Hence, the market is predicted to grow further owing to the increasing prevalence of lifestyle-associated disorders, and improving affordability of these devices and their at-home usability.
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