Press release
Global Beauty Devices Market: Growing Aging Population is Driving Market Growth
Skin care is achieved with the help of personal care products, such as beauty devices and beauty products. However, beauty devices have more likely to resolve dermal situations with greater proficiency, markedly improving the skin appearances. Additionally, beauty devices deliver immediate results, specifically when it comes to blemish and wrinkle removal. Persistence Market Research’s recently published report on the global beauty devices market provides an extensive assessment of the market, evaluating the growth prospects for a six-year forecast period 2014-2020. It comprises key trends and restraints impacting the overall market growth, recent trends and upcoming opportunities, market segmentation, regional analysis, and key players vying for the leading market position.
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Starting with an overview of the global beauty devices market, the report further analyzes the factors that positively and negatively influence the demand for HAIs control. It provides deep insights into why beauty devices is expected to gain higher traction in developing markets, and what are the deterring factors that will affect the market growth over the forecast period, 2014-2020. Latest trends and opportunities sections of the report highlight the most valuable data to recognize the most lucrative opportunities for the market growth.
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Segmentation of the global market for beauty devices focuses on various beauty devices types. The geographical analysis of the global market examines the market status in five key regions viz. North America, Europe, Asia, Latin America and Rest of the World (RoW). The market report elaborates on why developing markets may witness robust growth and outpace the long-term leader during the forecast period. The next section of the report includes all the leading companies competing in the market for a leading position. Strong presence of global players and established local brands makes the landscape extremely competitive. The report throws light on the growth pattern, revenues, and upcoming opportunities for each of the players.
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Research Methodology
To deduce the global beauty devices market size, the report considers various aspects based on secondary research. Furthermore, key data points such as region-wise split and market split by usage area and type and qualitative inputs from primary respondents have been incorporated to arrive at appropriate market estimates. The forecast presented in the report assesses the total revenue generated and expected revenue contribution in the global beauty devices market. The report begins with sizing the market in terms of value and volume for the base year, which forms the basis for forecasting how the market is anticipated to take shape in the near future.
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Given the characteristics of the market, gathered data is triangulated via different analysis based on supply side and demand side drivers and other key dynamics of the global beauty devices market. To develop the market forecast, Persistence Market Research has also conducted a factor analysis to understand the impact of various forces/factors on the target market. The report provides forecasts not only in terms of CAGR but also presents a detailed analysis based on key parameters such as Year-on-Year (Y-o-Y) growth to understand market predictability and to identify the right opportunities.
Another key feature of this report is an analysis of the global beauty devices market and the corresponding revenue forecast in terms of absolute dollar opportunity, usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global beauty devices market. Further, to understand key segments in terms of their growth and overall global beauty devices market performance, Persistence Market Research has developed a market attractiveness index to help providers identify existing market opportunities in the global beauty devices market.
Some of the major players in the Beauty devices market:
L’Oréal Group.
Nu Skin Enterprises, Inc.
Home Skinovations, Ltd.
PhotoMedex, Inc.
TRIA Beauty, Inc.
Syneron Medical, Ltd.
Koninklijke Philips N.V.
Panasonic Corporation.
Carol Cole Company.
Procter & Gamble.
Other.
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