Global Beauty Devices Market 2016 - 2024 Market Size, Current Market Trends and Industry Forecast
"The
Latest Research Report Beauty Devices Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
provides information on pricing, market analysis, shares, forecast,
and company profiles for key industry participants. -
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Global
Beauty Devices Market: Overview
The
increasing prevalence of skin-related issues, a rising geriatric
population, and the expansion of the middle class have been the key
factors boosting the global beauty devices market. The market is
poised to surge exponentially between 2016 and 2024. Much of the
growth exhibited by the market is attributed to the rising demand for
hair removal devices. This product segment is expected to hold a
considerable share in the market during the forecast period. Among
the various application segments, the demand for beauty devices from
salons is expected to rise at an impressive rate.
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Among
other factors, the growth of consumerism has had a profound impact on
the market’s trajectory. Increasing demand for devices used in the
treatment of skin diseases such as acne, psoriasis, and atopic
dermatitis has been crucial in expanding the market’s operation. Of
the aforementioned skin-related issues, acne is among the most
prevalent dermatological conditions, troubling millions around the
world. It is caused due to the clogging of hair follicles by dirt,
dead skin cells, and sebum. More often than not, acne leaves behind
scars. According to the findings of the American Academy of
Dermatology, about 85% of Americans suffer from acne at some point in
their lives. Apart from this, exposure to ultraviolet radiation can
also cause skin diseases.
Beauty
devices that have been launched recently in the market have proven
extremely beneficial in the treatment of the aforementioned
dermatological conditions. Demand from the global beauty devices
market is thus expected to increase at a robust pace in the coming
years. The report studies the various factors influencing the global
beauty devices market. It provides a comprehensive overview of the
growth trajectory exhibited by the market over the last few years. It
also presents forecasts about the market’s growth prospects based
on information obtained from trusted industrial sources.
Global
Beauty Devices Market: Drivers and Restraints
The
majority of demand witnessed by the market comes from geriatric
consumers. Old age is often associated with a reduced vascular
network in layers of skin and loss of fibrous tissue. Consequently,
people belonging to this age group demand special treatments for
healthier-looking skin. Furthermore, the characteristics and
appearance of a person get altered in old age, leading to dryness,
pigmentation, wrinkles, and sagging of skin. Anti-aging beauty
devices available in the market help in reducing these signs of skin
aging, thus lending the skin a youthful radiance by tightening it.
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Awareness
about the availability of treatments and related devices for treating
aging skin has been thus boosting the global beauty devices market.
Despite witnessing a considerable rise over the last couple of years,
knowledge regarding the risks associated with using these devices is
hampering the market’s growth to an extent. Some of the most common
side-effects associated with the beauty devices include fragile skin,
excessive swelling, discomfort, blistering, and bruising. The
appearance of these side-effects can slow or postpone the process of
skin treatment. Also, many popular beauty devices emit intense pulsed
light that can result in side-effects such as edema, superficial
burn, scarring, and postoperative erythema.
Global
Beauty Devices Market: Competitive Insight
In
order to study the competition prevailing in the market in detail,
the report profiles some of the major companies operating therein.
These include the L’Oreal Group, Panasonic Corporation, Procter &
Gamble Company, and Carol Cole Company. The strengths and weaknesses
of these companies are extensively studied in the report. It also
provides in-depth insights into the threats and opportunities that
these companies are likely to face in the near future.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
The
study is a source of reliable data on:
Market
segments and sub-segments
Market
trends and dynamics
Supply
and demand
Market
size
Current
trends/opportunities/challenges
Competitive
landscape
Technological
breakthroughs
Value
chain and stakeholder analysis
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The
regional analysis covers:
North
America (U.S. and Canada)
Latin
America (Mexico, Brazil, Peru, Chile, and others)
Western
Europe (Germany, U.K., France, Spain, Italy, Nordic countries,
Belgium, Netherlands, Luxembourg)
Eastern
Europe (Poland, Russia)
Asia
Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle
East and Africa (GCC, Southern Africa, North Africa)
The
report has been compiled through extensive primary research (through
interviews, surveys, and observations of seasoned analysts) and
secondary research (which entails reputable paid sources, trade
journals, and industry body databases). The report also features a
complete qualitative and quantitative assessment by analyzing data
gathered from industry analysts and market participants across key
points in the industry’s value chain.
A
separate analysis of prevailing trends in the parent market, macro-
and micro-economic indicators, and regulations and mandates is
included under the purview of the study. By doing so, the report
projects the attractiveness of each major segment over the forecast
period.
Highlights
of the report:
A
complete backdrop analysis, which includes an assessment of the
parent market
Important
changes in market dynamics
Market
segmentation up to the second or third level
Historical,
current, and projected size of the market from the standpoint of both
value and volume
Reporting
and evaluation of recent industry developments
Market
shares and strategies of key players
Emerging
niche segments and regional markets
An
objective assessment of the trajectory of the market
Recommendations
to companies for strengthening their foothold in the market
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