Press release
US Beauty Devices Market to reach a valuation of US$ 68 Bn at a CAGR of 18% between 2021-2031
US Beauty Devices Market 2022The report on US Beauty Devices Market provided based on the recent developments and data that has been collated from the previous year's looks to provide a thorough understanding. The market overview provided in the initial section looks to provide the reader with adequate information regarding the product and services. It focuses on the market definition along with the product applications and end-user industries. The report covers a period spanning from 2022 to 2030. Competitive analysis and prominent industry trends have been included in the in-depth study provided in the main section of the report.
The U.S. beauty devices market is estimated to be valued at US$ 14 Bn in 2022, and is expected to expand at a CAGR of close to 18% from 2022 to 2031, to reach an estimated value of US$ 68 Bn by the end of the decade.
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The U.S. beauty devices market is witnessing significant growth due to rising in geriatric population, as these beauty devices help reverse skin aging. Moreover, increasing the prevalence of obesity resulting in cellulite accumulation and skin diseases, and harmful effects of ultraviolet radiation are also driving the market. However, there are various risks and complications associated with beauty devices such as bruising, swelling, and redness.
Furthermore, wide availability of easy-to-use beauty products inhibits the growth of the U.S. beauty devices market. The market expanded at an impressive CAGR of 14.8% over the past 5 years.
Key Players:
The report has profiled some of the Important players prevalent in the global like - L'Oréal Group, Nu Skin Enterprises, Inc., Home Skinovations Ltd., PhotoMedex, Inc., TRIA Beauty, Inc., Koninklijke Philips N.V., Syneron Medical, Ltd., Cynosure, Inc., and Procter & Gamble Company and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the US Beauty Devices.
In North America, increasing aging population and availability of advanced devices are driving the growth in demand for beauty devices in the market. In addition, in the U.S., there are around 750,000 beauty salons and spas. These beauty salons and spas have propelled the demand for beauty devices and personal care products in order to offer better services to their customers.
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The U.S. beauty devices market is segmented as follows:
Usage Area
Salon
Spa
At-home
Others
Device Type
Hair removal devices
Cleansing devices
Acne devices
Rejuvenation devices
Intense pulsed light device
Oxygen and steamer devices
Hair growth devices
Derma rollers
Cellulite reduction devices
Others
Country
North America
The U.S.
Canada
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Key Stakeholders:
US Beauty Devices Market Manufacturers
US Beauty Devices Market Distributors/Traders/Wholesalers
US Beauty Devices Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Major Highlights of the US Beauty Devices Market Report:
The US Beauty Devices Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
The report dives deeper into the market and explains the dynamic factors bolstering market growth.
The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
The report analyzes the US Beauty Devices Market presence across major regions of the world.
It determines the production & consumption capacities and demand & supply dynamics of each regional market.
The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
It provides company overview and SWOT analysis of each of the market players.
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