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Steady Expansion Forecast for Beauty Devices Market, Projected to Reach $110.6 Billion by 2029
Beauty Devices
Beauty Devices Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of beauty devices has seen rapid growth lately. It is predicted to surge from $52.04 billion in 2024 to $60.18 billion in 2025, marking a compound annual growth rate (CAGR) of 15.6%. The advancement during the historical period can be credited to customization, eco-friendliness, emphasis on health and wellness, virtual advisory services, and collaboration with wearable devices.
Beauty Devices Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the beauty devices market is anticipated to witness swift expansion. The market size is estimated to reach $110.6 billion by 2029, growing at a compound annual growth rate (CAGR) of 16.4%. Several factors accounting for this growth include improved disposable income, an increasing elderly population, celebrity influence, consumer awareness, and expansion of retail outlets. Foreseen trends during this period encompass treatments that can be done at home, integration of technology, multi-functional products, cutting-edge technological inventions, and the introduction of new products.
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What Are the Drivers Transforming the Beauty Devices Market?
The escalating count of cosmetic procedures is predicted to fuel the expansion of the beauty device market in the future. Cosmetic procedures are medical or aesthetic interventions undertaken to modify or improve an individual's appearance for reasons unrelated to health. There are multiple reasons for the rise in cosmetic operations, including progress in cosmetic surgery technology, which has made procedures safer, less intrusive, quicker to recover from, and more affordable. Beauty devices are indispensable in these operations, providing state-of-the-art technology and instruments to enhance different aspects of aesthetic interventions. These devices are built to offer efficient and inventive methods to address aesthetic worries and augment people's overall looks. For example, a report from September 2023 by the International Society of Aesthetic Plastic Surgery, a US-based association of certified aesthetic plastic surgeons, showed an overall growth of 11.2% in operations conducted by plastic surgeons in 2022. There were more than 14.9 million surgeries performed globally. Consequently, the enhancing number of cosmetic procedures is indeed pushing the expansion of the beauty device market.
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What Long-Term Trends Will Define the Future of the Beauty Devices Market?
Leading firms in the beauty devices sector, such as SmartAppGuided, are developing innovative tech-based products to boost their market profitability. The SmartAppGuided app provides guidance and instructions for a range of beauty and pet care gadgets. In December 2023, Germany's Geske, an enterprise in beauty technology, introduced this app. The goal is to integrate it with diverse beauty tools like face rollers, hydration refreshers, and brushes, thereby providing consumers with tailor-made beauty treatments and technology. The app forms part of GESKE's comprehensive skincare range, encompassing over 150 SmartAppGuided skincare goods and more than 250 advanced beauty devices.
Which Segments in the Beauty Devices Market Offer the Most Profit Potential?
The beauty devicesmarket covered in this report is segmented -
1) By Type: Hair Care Devices, Facial Devices, Skin Care Devices, Oral Care Devices, Eye Care Devices
2) By Gender: Female, Male
3) By End Users: Commercial Or Professional, Domestic Or Personalized Or Homecare
Subsegments:
1) By Hair Care Devices: Hair Dryers, Hair Straighteners, Hair Curlers, Hair Clippers
2) By Facial Devices: Facial Cleansing Brushes, Facial Massagers, LED Therapy Masks, Microdermabrasion Devices
3) By Skin Care Devices: Anti-Aging Devices, Acne Treatment Devices, Skin Tightening Devices
4) By Oral Care Devices: Electric Toothbrushes, Water Flossers, Teeth Whitening Devices
5) By Eye Care Devices: Eye Massagers, Eye Wrinkle Removers, Dark Circle Treatment Devices
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Which Firms Dominate the Beauty Devices Market by Market Share and Revenue in 2025?
Major companies operating in the beauty devices market are Johnson & Johnson, Hitachi Ltd., The Procter & Gamble Company, MTG Co. Ltd., Unilever plc, Panasonic Corporation, L'Oréal S.A., Koninklijke Philips N.V., Shiseido, Amorepacific Corporation, Nu Skin Enterprises Inc., Conair Corporation, Revlon, FOREO, Oriflame, YA-MAN Ltd., Silk'n, Carol Cole Company, Cynosure, LLC, Beurer, Beurer, Sciton Inc., Syneron Medical Ltd., Homedics, Clarisonic, Tria Beauty, TRIA Beauty, NuFACE, Quasar Bio-Tech Inc., Trophy Skin
Which Regions Offer the Highest Growth Potential in the Beauty Devices Market?
North America was the largest region in the beauty devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the beauty devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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