Global Market Study on Beauty Devices: Asia to Witness Highest Growth by 2020


  • Published On : Jan-2015 |
  • Pages : 113 Pages |
  • Format :

Skin is one of the most complex organs of the body that regulates the body temperature and acts as a shield to protect the body from ultraviolet rays, bacteria, and viruses, among others. Skin diseases and conditions are treated with the help of various medicines, creams, and therapies. In order, to look younger and reduce skin aging, various anti-aging products and devices are used to revitalize and tighten the skin. Skin care is achieved with the help of personal care products, such as beauty devices and beauty products. However, beauty devices have more potential to rectify dermal conditions with greater efficiency, markedly improving the appearance of the skin. In addition, beauty devices provide immediate results, especially when it comes to wrinkle and blemish removal. 

North America dominates the global market for beauty devices due to a large number of aging population and availability of advanced devices. Asia is expected to show high growth rates in the next five years in the global beauty devices market. China and India are expected to be the fastest growing beauty devices markets in the Asian region. In addition, the beauty and personal care market in China are also growing due to the rapid economic development in the country. Some of the key driving forces for beauty devices market in emerging countries are rise in disposable income, large pool of patients and increasing awareness of potential application of beauty devices for the treatment of skin and hair problems. 

In recent times, there is increased the use of beauty devices due to rise in aging population. Increasing prevalence of skin diseases, harmful effects of ultraviolet radiation, and increase in disposable income leading to rise in spending on personal care are fuelling the growth of the market. On the other hand, complications such as prolonged erythema, contact dermatitis, superficial bacterial and fungal infections, associated with beauty devices inhibit the growth of global beauty devices market. In addition, extended availability of easy-to-use beauty products is also a major concern for the beauty device market. In addition, growing product innovation and rising inclination of consumers towards at-home beauty devices are some of the major trends for the beauty devices market.

This report provides in-depth analysis and estimation of the beauty devices market for the period 2014 to 2020, considering 2013 as the base year of calculation. In addition, data pertaining to current market dynamics, including market drivers, restraints, trends, and recent developments, has been provided in the report. The beauty devices market is categorized on the basis of the usage area of beauty devices, type of beauty devices, and geography. Based on usage area of beauty devices, the market comprises of salons, spas, at home, and others. Type comprises hair removal devices, hair growth devices, cleansing devices, acne removal devices, oxygen and steamer devices, rejuvenation devices, light/LED therapy and Photorejuvenation devices, skin derma rollers, cellulite reduction devices, and others. On the basis of geography, the report identifies and analyzes the market size and predictions for North America, Europe, Asia, Latin America and Rest of the World (RoW). 

Globally, the beauty devices market is witnessing significant growth due to increasing aging population. In addition, rising personal care spending, increasing prevalence of skin diseases and harmful effect of ultra violet radiation are also fueling the growth of the market. However, risks and complications associated with beauty devices and extended availability of easy-to-use beauty products hampers growth of the global beauty devices market.

The global beauty devices market is expected to grow from an estimated USD 19,389.1 million in 2014 to USD 54,186.9 million in 2020 at a CAGR of 18.7% during the forecast period. North America is the largest market for beauty devices. Most commonly used in salons; hair removal devices are the most popular type of beauty devices. In terms of growth, Asia is the fastest growing region; at-homes make for the fastest growing usage area; while Light/LED therapy and photorejuvenation devices make for the fastest growing type of beauty devices.

Hair removal devices are used to remove and reduce unwanted hair painlessly without damaging the surrounding skin. The global hair removal devices market is expected to grow from an estimated USD 3,706.1 million in 2014 to USD 10,977.5 million in 2020 at a CAGR of 19.8% during the forecast period.

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.

These key market players have been profiled on the basis of attributes such as company overview, recent developments, growth strategies, sustainability, and financial overview.

Table of Content

Chapter 1 Preface

1.1 Report Description

1.2 Research Methodology

1.3 Assumptions

Chapter 2 Market Synopsis

Chapter 3 Porter’s Five Forces Analysis

3.1 Bargaining Power of Suppliers

3.2 Bargaining Power of Buyers

3.3 Threat of New Entrants

3.4 Threat of Substitutes

3.5 Intensity of Rivalry

Chapter 4 Industry Overview

4.1 Market Definition

4.2 Market Drivers

     4.2.1 Rise in aging the population

     4.2.2 Increasing prevalence of skin diseases and harmful effects of ultraviolet radiation

     4.2.3 Increase in disposable income leading to rise in spending on personal care

4.3 Impact Analysis of Market Drivers

4.4 Market Restraints

     4.4.1 Risks and complications associated with beauty devices

     4.4.2 Extended availability of easy-to-use beauty products

4.5 Impact Analysis of Market Restraints

4.6 Market Trends

     4.6.1 Growing product innovation

     4.6.2 Rising inclination of consumers towards at-home beauty devices

Chapter 5 Global Market Size and Forecast

Chapter 6 Market Size and Forecast by Type 

6.1 Hair Removal Devices 

6.2 Cleansing Devices

6.3 Acne Devices 

6.4 Rejuvenation Devices

6.5 Light/LED Therapy and Photorejuvenation Devices

6.6 Oxygen and Steamer Devices

6.7 Hair Growth Devices

6.8 Skin Derma Rollers

6.9 Cellulite Reduction Devices

Chapter 7 Market Size and Forecast by Usage Area

7.1 Salon

7.2 Spa

7.3 At Home

Chapter 8 Market Size and Forecast by Geography

8.1 North America 

     8.1.1 The U.S.

     8.1.2 Canada

8.2 Europe

     8.2.1 Germany

     8.2.2 France

     8.2.3 Italy

     8.2.4 Spain

     8.2.5 The U.K.

8.3 Asia

     8.3.1 China

     8.3.2 Japan 

     8.3.3 India 

8.4 Latin America

     8.4.1 Brazil

Chapter 9 Competitive Scenario

9.1 Competitive Benchmarking

9.2 Product Focus Analysis

Chapter 10 Company Profiles

10.1 L\'Oréal Group

     10.1.1 Company Overview

     10.1.2 Products and services

     10.1.3 Financial performance

     10.1.4 Key developments

10.2 Nu Skin Enterprises, Inc.

     10.2.1 Company Overview

     10.2.2 Products and services

     10.2.3 Financial performance

     10.2.4 Key developments 

10.3 Panasonic Corporation

     10.3.1 Company Overview 

     10.3.2 Products and services

     10.3.3 Financial performance

     10.3.4 Key developments

10.4 Home Skinovations, Ltd.

     10.4.1 Company Overview

     10.4.2 Products and services

     10.4.3 Financial performance

     10.4.4 Key developments

10.5 PhotoMedex, Inc.

     10.5.1 Company Overview

     10.5.2 Products and services

     10.5.3 Financial performance

     10.5.4 Key developments

10.6 Carol Cole Company

     10.6.1 Company Overview 

     10.6.2 Products and services

     10.6.3 Financial performance

     10.6.4 Key developments

10.7 Procter & Gamble Company

     10.7.1 Company Overview

     10.7.2 Products and services

     10.7.3 Financial performance

     10.7.4 Key developments

10.8 Koninklijke Philips N.V.

     10.8.1 Company Overview

     10.8.2 Products and services

     10.8.3 Financial performance

     10.8.4 Key developments

10.9 TRIA Beauty, Inc.

     10.9.1 Company Overview 

     10.9.2 Products and services

     10.9.3 Financial performance

     10.9.4 Key developments

10.10 AmorePacific Group 

     10.10.1 Company Overview

     10.10.2 Products and services

     10.10.3 Financial performance

     10.10.4 Key developments

10.11 Syneron Medical, Ltd.

     10.11.1 Company Overview

     10.11.2 Products and services

     10.11.3 Financial performance

     10.11.4 Key developments


List of Tables

TABLE 1 Market snapshot: Beauty devices market, 2014 and 2020

TABLE 2 Drivers for beauty devices market: Impact analysis

TABLE 3 Restraints for global beauty devices market: Impact analysis

TABLE 4 Some of the products launched by various companies

TABLE 5 Global beauty devices market size, by region, 2010 – 2013 (USD million)

TABLE 6 Global beauty devices market size, by region, 2014 – 2020 (USD million)

TABLE 7 Global beauty devices market size, by type, 2010 – 2013 (USD million)

TABLE 8 Global beauty devices market size, by type, 2014 – 2020 (USD million)

TABLE 9 Global beauty devices market size, by usage area, 2010 – 2013 (USD million) 

TABLE 10 Global beauty devices market size, by usage area, 2014 – 2020 (USD million) 

TABLE 11 Global hair removal devices market size, by region, 2010 – 2013 (USD million)

TABLE 12 Global hair removal devices market size, by region, 2014 – 2020 (USD million)

TABLE 13 Global cleansing devices market size, by region, 2010 – 2013 (USD million)

TABLE 14 Global cleansing devices market size, by region, 2014 – 2020 (USD million)

TABLE 15 Global acne devices market size, by region, 2010 – 2013 (USD million)

TABLE 16 Global acne devices market size, by region, 2014 – 2020 (USD million)

TABLE 17 Global rejuvenation devices market size, by region, 2010 – 2013 (USD million)

TABLE 18 Global rejuvenation devices market size, by region, 2014 – 2020 (USD million)

TABLE 19 Global Light/LED therapy and photorejuvenation devices market size, by region, 2010 – 2013 (USD million)

TABLE 20 Global Light/LED therapy and photorejuvenation devices market size, by region, 2014 – 2020 (USD million)

TABLE 21 Global oxygen and steamer devices market size, by region, 2010 – 2013 (USD million)

TABLE 22 Global oxygen and steamer devices market size, by region, 2014 – 2020 (USD million)

TABLE 23 Global hair growth devices market size, by region, 2010 – 2013 (USD million)

TABLE 24 Global hair growth devices market size, by region, 2014 – 2020 (USD million)

TABLE 25 Global skin derma rollers market size, by region, 2010 – 2013 (USD million)

TABLE 26 Global skin derma rollers market size, by region, 2014 – 2020 (USD million)

TABLE 27 Global cellulite reduction devices market size, by region, 2010 – 2013 (USD million)

TABLE 28 Global cellulite reduction devices market size, by region, 2014 – 2020 (USD million)

TABLE 29 Global salon beauty devices market size, by region, 2010 – 2013 (USD million)

TABLE 30 Global salon beauty devices market size, by region, 2014 – 2020 (USD million)

TABLE 31 Global spa beauty devices market size, by region, 2010 – 2013 (USD million)

TABLE 32 Global spa beauty devices market size, by region, 2014 – 2020 (USD million)

TABLE 33 Global at-home beauty devices market size, by region, 2010 – 2013 (USD million)

TABLE 34 Global at-home beauty devices market size, by region, 2014 – 2020 (USD million) 

TABLE 35 The North American beauty devices market size, by country, 2010 – 2013 (USD million)

TABLE 36 The North American beauty devices market size, by country, 2014 – 2020 (USD million)

TABLE 37 The U.S. beauty devices market size, by usage area, 2010 – 2013 (USD million)

TABLE 38 The U.S. beauty devices market size, by usage area, 2014 – 2020 (USD million)

TABLE 39 The Canadian beauty devices market size, by usage area, 2010 – 2013 (USD million)

TABLE 40 The Canadian beauty devices market size, by usage area, 2014 – 2020 (USD million)

TABLE 41 The European beauty devices market size, by country, 2010 – 2013 (USD million) 

TABLE 42 The European beauty devices market size, by country, 2014 – 2020 (USD million)

TABLE 43 The German beauty devices market size, by usage area, 2010 – 2013 (USD million)

TABLE 44 The German beauty devices market size, by usage area, 2014 – 2020 (USD million)

TABLE 45 The French beauty devices market size, by usage area, 2010 – 2013 (USD million)

TABLE 46 The French beauty devices market size, by usage area, 2014 – 2020 (USD million)

TABLE 47 The Italian beauty devices market size, by usage area, 2010 – 2013 (USD million)

TABLE 48 The Italian beauty devices market size, by usage area, 2014 – 2020 (USD million)

TABLE 49 The Spanish beauty devices market size, by usage area, 2010 – 2013 (USD million)

TABLE 50 The Spanish beauty devices market size, by usage area, 2014 – 2020 (USD million)

TABLE 51 The U.K. beauty devices market size, by usage area, 2010 – 2013 (USD million)

TABLE 52 The U.K. beauty devices market size, by usage area, 2014 – 2020 (USD million)

TABLE 53 The Asian beauty devices market size, by country, 2010 – 2013 (USD million) 

TABLE 54 The Asian beauty devices market size, by country, 2014 – 2020 (USD million) 

TABLE 55 The Chinese beauty devices market size, by usage area, 2010 – 2013 (USD million)

TABLE 56 The Chinese beauty devices market size, by usage area, 2014 – 2020 (USD million)

TABLE 57 The Japanese beauty devices market size, by usage area, 2010 – 2013 (USD million) 

TABLE 58 The Japanese beauty devices market size, by usage area, 2014 – 2020 (USD million) 

TABLE 59 The Indian beauty devices market size, by usage area, 2010 – 2013 (USD million) 

TABLE 60 The Indian beauty devices market size, by usage area, 2014 – 2020 (USD million)

TABLE 61 The Latin American beauty devices market size, by country, 2010 – 2013 (USD million)

TABLE 62 The Latin American beauty devices market size, by country, 2014 – 2020 (USD million)

TABLE 63 The Brazilian beauty devices market size, by usage area, 2010 – 2013 (USD million)

TABLE 64 The Brazilian beauty devices market size, by usage area, 2014 – 2020 (USD million)

TABLE 65 Major L’Oréal Group products and brands

TABLE 66 Major Nu Skin Enterprises, Inc. brands and products

TABLE 67 Major Panasonic Corporation categories and products 

TABLE 68 Major Home Skinovations products and categories 

TABLE 69 Major PhotoMedex, Inc. brands and their applications

TABLE 70 Major Carol Cole Company brand and products

TABLE 71 Major Procter & Gamble products and segments

TABLE 72 Major Koninklijke Philips N.V. products and categories

TABLE 73 TRIA Beauty, Inc. major product and categories

TABLE 74 Major AmorePacific Group products and categories 

TABLE 75 Syneron Medical, Ltd. major product and categories


List of Figures 

FIG. 1 Beauty devices market: Porter’s five force analysis

FIG. 2 Components of personal care

FIG. 3 Aging population in major regions, 2000 – 2050 (% share in the total population)

FIG. 4 Global beauty devices market share, by region, by value, 2013

FIG. 5 Global beauty devices market share, by type, by value, 2013 

FIG. 6 Global beauty devices market share, by usage area, by value, 2013

FIG. 7 Global hair removal devices market share, by region, by value, 2013

FIG. 8 Global cleansing devices market share, by region, by value, 2013

FIG. 9 Global acne devices market share, by region, by value, 2013

FIG. 10 Global rejuvenation devices market share, by region, by value, 2013 

FIG. 11 Global Light/LED therapy and photo rejuvenation devices market share, by region, by value, 2013

FIG. 12 Global oxygen and steamer devices market share, by region, by value, 2013 

FIG. 13 Global hair growth devices market share, by region, by value, 2013

FIG. 14 Global skin derma rollers market share, by region, by value, 2013

FIG. 15 Global cellulite reduction devices market share, by region, by value, 2013

FIG. 16 Global salon beauty devices market share, by region, by value, 2013

FIG. 17 Global spa beauty devices market share, by region, by value, 2013

FIG. 18 Global at-home beauty devices market share, by region, by value, 2013 

FIG. 19 The North American beauty devices market share, by country, by value, 2013 

FIG. 20 The U.S. beauty devices market share, by usage area, by value, 2013 

FIG. 21 The Canadian beauty devices market share, by usage area, by value, 2013

FIG. 22 The European beauty devices market share, by country, by value, 2013

FIG. 23 The German beauty devices market share, by usage area, by value, 2013

FIG. 24 The French beauty devices market share, by usage area, by value, 2013

FIG. 25 The Italian beauty devices market share, by usage area, by value, 2013

FIG. 26 The Spanish beauty devices market share, by usage area, by value, 2013

FIG. 27 The U.K. beauty devices market share, by usage area, by value, 2013

FIG. 28 The Asian beauty devices market share, by country, by value, 2013

FIG. 29 The Chinese beauty devices market share, by usage area, by value, 2013

FIG. 30 The Japanese beauty devices market share, by usage area, by value, 2013

FIG. 31 The Indian beauty devices market share, by usage area, by value, 2013

FIG. 32 The Latin American beauty devices market share, by country, by value, 2013

FIG. 33 The Brazilian beauty devices market share, by usage area, by value, 2013

FIG. 34 Competitive landscape of beauty devices market, 2013

FIG. 35 Product focus analysis of beauty devices market 87

FIG. 36 The L’Oréal Group sales and net earnings, 2011 – 2013 (USD million)

FIG. 37 Nu Skin Enterprises, Inc. revenue and net income, 2011 – 2013 (USD million)

FIG. 38 Panasonic Corporation’s net sales and net income attributable, 2011 – 2013 (USD million)

FIG. 39 PhotoMedex, Inc.’s revenue and net income, 2011 – 2013 (USD million)

FIG. 40 Procter & Gamble Company net sales and net earnings, 2011 – 2013 (USD million)

FIG. 41 Koninklijke Philips N.V. sales and net income, 2011 – 2013 (USD million)

FIG. 42 AmorePacific Group sales and net income, 2011 – 2013 (USD million)

FIG. 43 Syneron Medical, Ltd. total revenue and net income, 2011 – 2013 (USD million)

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