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Smart Facial Cleansing Devices Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033
Smart Facial Cleansing Devices Market
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According to The Business Research Company's, The smart facial cleansing device market size has grown strongly in recent years. It will grow from $9.44 billion in 2023 to $10.10 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to the growing number of salons, and beauty parlors, growing awareness of skincare, rising disposable income, the influence of beauty bloggers and celebrities, and an increase in dermatological concerns.
The smart facial cleansing device market size is expected to see strong growth in the next few years. It will grow to $13.28 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to rising Air pollution, Increasing adoption of skincare products, rising demand for personalized skincare, expansion of e-commerce, and increasing focus on sustainable and eco-friendly products. Major trends in the forecast period include integration with skincare apps, advancements in multi-functional devices, integration of AI and machine learning, demand for eco-friendly and sustainable products, and a rise in at-home beauty tech.
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Market Drivers and Trends:
Rising air pollution is expected to propel the growth of the smart facial cleansing device market going forward. Air pollution refers to the presence of harmful substances in the atmosphere, which can negatively impact skin health and lead to various dermatological issues. Air pollution levels are growing due to industrialization, vehicle emissions, agricultural activities, and waste management practices. Air pollution exposes skin to hazardous particles, resulting in acne, dryness, premature aging, and inflammation, boosting the demand for enhanced cleansing products. As urbanization persists, more people are using smart facial cleaning devices to combat these consequences, which eliminate pollutants and promote skin health. For instance, in April 2024, according to the Department for Environment, Food, and Rural Affairs, a UK-based government department responsible for improving and protecting the environment, urban background concentrations of ozone (O3) reached 66.8 µg/m3 in 2023, marking a 3% increase from 2022. Therefore, rising air pollution is driving the growth of the smart facial cleansing device market.
Major companies operating in the smart facial cleansing device market are focused on developing next-generation smart skincare treatments to better serve customers with advanced skincare options. Smart skincare treatments use cutting-edge technology and skincare expertise to successfully address a variety of skin issues. Its purpose is to provide deep, complete cleansing by removing pollutants, dead skin cells, and excess oil from the skin's surface and pores. For instance, in November 2022, NuSkin, a US-based company that develops and sells personal care products, launched the ageLOC LumiSpa iO, a smart skin treatment and cleansing device that offers a connected, immersive experience. Featuring Nu Skin's patented micropulse technology, the ageLOC LumiSpa iO takes personalized beauty to a new level with customized treatment options, intelligent coaching, skincare routine tracking, and more. The device includes the LumiSpa iO, three non-abrasive treatment head options, and five cleanser options that are scientifically formulated to enable precise cushioning, cleansing, and interaction with the skin.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Panasonic Holdings Corporation, L'Oréal Group, Koninklijke Philips N.V., Conair LLC, SENSSE, NuFACE, FOREO, Silk'n, Clarisonic, Michael Todd Beauty, PMD Beauty, TAO Clean, NION Beauty, Pixnor, Pulsaderm, Miropure, Quimat, LumaRx, Senxiller, SKINFUN
Smart Facial Cleansing Devices Market 2024 Key Insights:
• The smart facial cleansing device market size is expected to see strong growth in the next few years. It will grow to $13.28 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%.
• Impact Of Rising Air Pollution On The Smart Facial Cleansing Device Market Growth
• Next-Generation Smart Skincare Innovations For Enhanced Facial Cleansing
• North America was the largest region in the smart facial cleansing device market in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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