Press release
Beauty Devices Market by Key Vendors Healthy Growth Rate, EMEA Demand and Forecasts by 2021
The EMEA Beauty Devices Market is segmented on the basis of product type, application, and end-user. On the basis of product type, the market is segmented into hair care, skin care, oral care, and others. Hair care product type is further segmented into hair removal devices, hair growth devices, hair styling devices, and others. The skin care products includes light/LED and photo rejuvenation therapy devices, cellulite reduction devices, acne removal devices and others. On the basis of application, the market is segmented into domestic purpose, commercial purpose and others. On the basis of end-user, the market is classified into professional and personalized.It is estimated that EMEA Beauty Devices Market is expected to grow at a CAGR of 7.4% during the forecast period 2017-2021. Beauty devices market in Europe, the Middle East and Africa is expecting a luxurious growth in the coming future. On the basis of market trends and consumer behavior, the usage of beauty devices is dominant across all age groups. Notably, rising geriatric population is the key factor driving the EMEA beauty devices market. Additionally, increasing disposable income lead to increase in spending on personal care devices as well as rising prevalence of skin and hair problems are fueling the market of EMEA beauty devices. At-home beauty devices have attracted great attention of existing and new marketers since the technology is developing in almost every aspect of life and high adoption of these technologically advanced products by the consumers. Hair regrowth segment leads the European market. However, the presence of alternative low-priced products and occurrence of side-effects from beauty devices may hamper the growth of the market over the review period. For an instance, it is found that usage of some photo rejuvenation devices may cause swelling or itching in the skin.
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Over the past few years, the beauty devices market has represented a huge scope for opportunities in the innovation of beauty devices, as electronic devices for beauty purpose is not just up to makeover, but major health issues, such as, hair fall, acne, psoriasis and various other dermatological problems can be resolved using these beauty devices. In the present scenario, developing and under developed countries are investing to develop healthcare facilities.
In the recent years, people have shifted their preference to at-home beauty devices to smoothen their daily beauty routines. A number of factors such as, increasing prevalence of skin and hair related problems, increasing aging population, and rising awareness about beauty devices are propelling the growth of EMEA beauty devices market. Furthermore, the increasing popularity of beauty devices and growing consumer demands are fuelling up the market to a great extent. In Europe, designer labeled high-end products have attracted great attention of the consumers.
Despite the growth of beauty devices in the Middle East & Africa, a number of issues are also associated with EMEA beauty devices market such as presence of alternative low-priced beauty devices and the side-effects due to usage of the beauty devices may hamper the growth of market over the assessment period.
Regional Analysis:
The EMEA Beauty Devices Market is segmented into two regions: Europe and the Middle East & Africa. Europe holds the largest share of the EMEA beauty devices market, which is further followed by the Middle East & Africa. The beauty devices market in Europe is primarily driven by e-commerce channels and designer labeled high-end products. German consumers spend on expensive regional branded products, which, in turn, increase the demand for the beauty device market.
Owing to easy availability, product convenience, and increased awareness about beauty devices are intensifying the growth of the beauty devices in the Middle East & Africa.
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Major TOC Beauty Devices Market:
1 INTRODUCTION
1.1 DEFINITION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS & LIMITATIONS
1.2.2.1 ASSUMPTIONS
1.2.2.2 LIMITATIONS
1.3 MARKET STRUCTURE:
2 RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS:
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH:
3 MARKET DYNAMICS
3.1 DRIVERS
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 MACROECONOMIC INDICATORS
4 MARKET FACTOR ANALYSIS
4.1 PORTERS FIVE FORCES MODEL
4.2 BARGAINING POWER OF SUPPLIERS
4.3 BARGAINING POWER OF BUYERS
4.4 THREAT OF NEW ENTRANTS
4.5 THREAT OF SUBSTITUTES
4.6 INTENSITY OF RIVALRY
…..T.O.C Continued
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