Press release
U.S. Beauty Devices Market is anticipated to reach beyond US$ 68 Bn at a CAGR of close to 18% by the end of 2031
The global U.S. Beauty Devices Market is expected to evolve on an innovative front in the upcoming period. With Arm's architecture coming through requirement for low-power chips to suffice vertical applications, it is being tabled as a low-power solution as well as one of the high-performance contenders, thereby countering the well-established x86 players. This would be one of the dimensions of semiconductor vertical going forward.U.S. Beauty Devices Market to reach a valuation of US$ 68 Bn at a CAGR of close to 18% by the end of 2031.
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 U.S. 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
U.S. Beauty Devices Market Manufacturers
U.S. Beauty Devices Market Distributors/Traders/Wholesalers
U.S. Beauty Devices Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
Major Highlights of the U.S. Beauty Devices Market Report:
The U.S. 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 U.S. 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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