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AI and AR Technologies are Reshaping The Beauty & Personal Care Market
BEAUTY & PERSONAL CARE MARKET
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In the evolving beauty and personal care market, AI and AR technologies have been pioneering innovations, transforming customer experiences across cosmetics, hair, and nails. Now, the beauty revolution is extending into medical skincare as well, enhancing the industry overall, specifically with artificial intelligence (AI) and augmented reality (AR).
The China beauty & personal care market is estimated to grow with a CAGR of 4.74% during the forecasted period of 2023-2030, acquiring a revenue share of $121.01 billion by 2030.
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In medi-spas, the quest for accurate skin analysis has led to innovative portable high-tech solutions like the VISIA system. However, the latest AI and AR powered skin diagnostic software is proving truly game-changing, challenging norms and elevating industry standards.
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AI and AR analysis software enable unmatched portability by leveraging everyday devices like iPads and smartphones. Moreover, it consistently meets and often surpasses accuracy benchmarks, as evidenced by Perfect Corp.'s Perfect AI Skin diagnosis program, which outperforms even renowned legacy systems.
These skin technologies provide personalized, clinically validated treatment experiences. Many physicians have also emphasized the objectivity AI lends in creating comprehensive skincare regimens. This technology fundamentally enhances client experiences by simplifying personalized recommendations.
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Strategically, openness to integrating AI and AR correlates directly to business growth in the beauty sector, driving repeat visits, referrals, and more. As skin tech propels the industry's transformation, its symbiotic relationship with market expansion is shaping a future of personalized, cutting-edge beauty treatments.
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