Press release
Beauty Tools Market By Size, Demand Analysis, Type, Statistics, Regions and Forecast - 2028
The beauty tools market is anticipated to grow at a significant CAGR of 10.3% during the forecast period (2022-2028).The rise in the use of online/e-commerce platforms, the advent of beauty and cosmetic tutorials, and the high influence of social media and brand endorsements are all driving the expansion of the beauty tools market. Furthermore, the increased popularity of on-demand beauty services has boosted sales of different beauty devices/tools such as shavers, brushes and combs, and hairstyling devices. Celebrity endorsements and social media marketing are predicted to help the personal and beauty care products industry develop, which will increase demand for beauty equipment. Furthermore, rising disposable income and a rising level of life are driving up demand for beauty products.
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The global beauty tools market is segmented based on the type, application, and distribution channel. Based on the type, the market is sub-segmented into hair care, razors, trimmers, brushes & combs, manicure & pedicure, sponges & puffs, and others. Based on the application, the market is sub-segmented into household and commercial. Based on the distribution channel, the market is sub-segmented into store-based and non-store-based. Among these segments, the household segment is expected to propel the growth of the market due to the increasing usage and demand for beauty tools in households globally.
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The major market players in the global beauty tools market include Procter & Gamble Co., Estée Lauder Companies Inc., Koninklijke Philips N.V., L'Oréal SA, Shiseido Co. Ltd., e.l.f. Cosmetics Inc., Paris Presents Inc., among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.
A full report of Global Beauty Tools Market is available at: https://orionmarketreports.com/beauty-tools-market/114581/
Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Application
o By Distribution Channel
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Procter & Gamble Co., Estée Lauder Companies Inc., Koninklijke Philips N.V., L'Oréal SA, Shiseido Co. Ltd., e.l.f. Cosmetics Inc., Paris Presents Inc., among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Beauty Tools Market Report by Segment
By Product Type
• Haircare
• Razors
• Trimmers
• Brushes & Combs
• Manicure & Pedicure
• Sponges & Puffs
• Others
By Application
• Household
• Commercial
By Distribution Channel
• Store-Based
• Non-Store-Based
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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