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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

08-04-2022 02:27 PM CET | IT, New Media & Software

Press release from: Persistence Market Research

U.S. Beauty Devices Market is anticipated to reach beyond US$ 68

The U.S. beauty devices market is estimated to be valued at US$ 14 Bn in 2021, and is expected to expand at a CAGR of close to 18% from 2021 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.

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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.

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 are some of the major players in the U.S. market for beauty devices.

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The U.S. beauty devices market is segmented as follows:

Usage Area

Salon
Spa
At-home
Others

Complete Report Details@ https://www.persistencemarketresearch.com/market-research/us-beauty-devices-market.asp

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

Related Reports:

Floor Care Machines Market - https://www.persistencemarketresearch.com/market-research/floor-care-machines-market.asp

CCTV Camera Market - https://www.persistencemarketresearch.com/market-research/cctv-cameras-market.asp

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