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Beauty Devices Market

Global Market Study on Beauty Devices: Technological Advancements and Innovation Driving Market Growth

Beauty Devices Market Segmented By Hair Growth Devices, Acne Removal Devices, Rejuvenation Devices, Skin Derma Rollers, Hair Removal Devices, Cleansing Devices, Oxygen and Steamer Devices, Light/LED Therapy and Photo Rejuvenation Devices, Cellulite Reduction Devices

Beauty Devices Market Outlook (2023-2033)

The market for beauty devices is estimated to value at US$ 39,572.9 Mn in 2023, and by the end of 2033, it is expected to have grown to US$ 1,16,605.50 Mn. The market for beauty devices is predicted to grow at a CAGR of 11.4% from 2023 to 2033.

Beauty devices are instruments that are used to treat different skin disorders such as acne, pigmentation, and hair removal, among others. Treatment for skin-related issues such as acne and wrinkles Similarly, they remove injury-related scars. They are additionally utilised to treat hair-related issues like hair loss, hair ageing, and others.

The increasing demand for personalised beauty treatments is one factor driving the growth of the beauty device market. The growing awareness about skincare in the beauty devices sector and the rising demand for anti-aging devices accelerate the market's growth. The beauty devices market is growing immensely, but some factors will restrict the growth of the market, such as the irritations that could be caused to the end users or the negligence to certain skin issues.

The market for beauty devices was valued at US$ 36,008.10 Mn in 2022. In terms of the regional market landscape, the market in North America held a leading market share of 29.60% in the global landscape in 2022 and is expected to retain its leading position throughout the forecast period. Meanwhile, demand for beauty devices in the Europe region will hold around 27.70% of the market in 2022.

Beauty Devices Market Size (2023)

US$ 39,572.9 Mn

Projected Market Value (2033)

US$ 1,16,605.5 Mn

Global Market Growth Rate (2023-2033)

11.40%

Salons Segment Market Share (2022)

65.40%

U.S. Market Share (2022)

17.6%

Skin Derma Rollers Segment Market Share (2022)

16.60%

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How New Products Will Boost the Beauty Devices Market?

“Technological Advancement in Beauty Device”

The beauty device service providers are expected to specially focus on the problems associated with the current beauty device process, and this is expected to create lucrative business opportunities for them. Several companies have already emerged as leaders in the beauty device market.

The embedding of digitalization and technology in the heart of creating, manufacturing, and distributing beauty products to enhance the customer experience in the beauty device market technologies such as skin micro ecology, biological fermentation, and cell extraction are some products that will boost the market. The increasing demand for skincare tools, printed makeup, e-makeup, etc.

  • In February 2021, L’Oreal finalised the acquisition of Japanese company Takami Co. that develops and markets skincare products. The acquisition is focused on developing the product offerings and share the human resources.
  • In July 2020, Philips launched a facial pen trimmer, which is a perfect solution for hair removal from the upper lips, eyebrows, and forehead.
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In U.S. Which Factor Will Boost the Beauty Devices Market?

“Increasing prevalence of skin problems”

The U.S. is the most lucrative market for beauty devices in the North American region and is expected to maintain this position across the forecast period as well. The demand for beauty devices in this country is witnessing significant developments in the market, such as personalization, virtual try-ons, and different skincare tools in the beauty device sector, as well as the advancement of AI technology in beauty devices. These are some key factors that will influence market development through 2033.

In 2022, the U.S. beauty devices market helped the country to account for a dominant share of 17.6% in the global marketplace.

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How Will Beauty Devices Market Demand Fare in Japan?

“Expanding Internet Penetration Provide Attractive Business Scope”

Different platforms in several Asian countries such as Japan, Korea, India, and China is a prime trend that is expected to demand for market in the future. Japan is expected to emerge as a highly lucrative market owing to the next generation information system.

Demand for beauty devices market in Korea is also anticipated to rise due to the influence of similar prospects. The use of electronic gadgets, make demand for the online sales channel. It is anticipated that the real-time data collection and analysis capabilities of big data analytics, artificial intelligence, and the internet of things would support the increasing share for beauty devices. E-commerce sites provide generous discounts. Online sales channels offer quick doorstep delivery, easy exchange options, and a range of options for product comparison based on pricing and product sizes. These are the factors that will probably fuel market expansion over the following years.

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Which Countries in Europe Could be Lucrative Markets for Beauty Devices Providers?

“Germany & United Kingdom to be Opportune Regional Markets for smart beauty devices”

The availability of advanced beauty devices and services facilitated the increasing adoption of new technology and demand for technically advanced beauty care products. Beauty devices with high-tech features are significantly propelling market growth. The industry players are using various technologies to improve the beauty devices, such as radiofrequency technology, microcurrents, sonic pulses, and many more, to develop new beauty devices for skincare, haircare, and oral care. The providers are developing intelligent beauty devices to treat wrinkles, collagen loss, acne, and other beauty problems.

Due to these reasons beauty devices market in Germany held the market share of 8.10% in 2022.

Category-wise Insights

How Do Salons Have the Larger Market Share by Usage Area?

Based on usage area, the market is segmented into the Spas at home segment, Salons segment and other segment as well. In 2022, salons accounted for 65.40% of the global market share and are expected to maintain their position over the next ten years. Both men and women can receive beauty and personal care services at the salons. The sector comprises skincare services, nail salons, and hair salons. The rising popularity of wellness travel and millennials' growing knowledge preserving their skin, face, and oral health further drive the demand for salons. Thus, this would improve the overall quality of beauty products, enabling the market share to be held by this industry by a wide margin.

Why Skin Derma Rollers Show Lucrative Growth in Beauty Devices Market?

The market is divided into categories such as hair growth devices, acne removal devices, rejuvenation devices, skin derma rollers, hair removal devices, cleansing devices, oxygen and steamer devices, light/LED therapy and photo rejuvenation devices, cellulite reduction devices, and others.

Skin derma rollers accounted for 16.60% of the global market share and are expected to hold that position over the next ten years. Because it is designed to aid thick skin texture and resurface it on the surface, it can be used to lighten acne scars. It is a cursory approach. The market for derma rollers is predicted to have a lot of room to develop as male interest in beauty goods and tools to improve their physical appearance increases.

Competitive Landscape

Major beauty devices companies are collaborating and partnering with other organizations to provide more efficient solutions.

  • In August 2020, Shiseido Cosmetics announced to enter into a partnership deal with YA-MAN Limited to manufacture and distribute anti-aging beauty devices across Japan.
  • In June 2022, LightStim, a leader in LED light therapy devices, launched LightElipsaTM, its latest innovation in LED light therapy.

Recent developments related to key players providing Beauty Devices Market solutions have been tracked by the analysts at Persistence Market Research, which will be accessible in the full report.

Beauty Devices Market Report Scope

Attribute

Details

Forecast Period

2023-2033

Historical Data Available for

2018-2022

Market Analysis

US$ Mn for Value

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East and Africa (MEA)

Key Countries Covered

  • United States
  • Canada
  • Brazil
  • Mexico
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • China
  • Japan
  • South Korea
  • India
  • Indonesia
  • Malaysia
  • Singapore
  • Australia
  • New Zealand
  • Turkey
  • South Africa
  • GCC Countries

Key Market Segments Covered

  • Usage Area
  • Type
  • Region

Key Companies Profiled

Pricing

Available upon Request

Key Segments of Beauty Devices Market Industry Research

By Usage Area:

  • Spas at home
  • Salons
  • Others

By Type:

  • Hair Growth Devices
  • Acne Removal Devices
  • Rejuvenation Devices
  • Skin Derma Rollers
  • Hair Removal Devices
  • Cleansing Devices
  • Light/Led Therapy And Photo Rejuvenation Devices
  • Cellulite Reduction Devices
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • Middle East and Africa

- Companies Covered in This Report -

  • L’Oréal Group
  • Nu Skin Enterprises Inc.
  • Home Skinovations Ltd
  • PhotoMedex Inc
  • TRIA Beauty Inc
  • Syneron Medical Ltd
  • Philips
  • Panasonic Corporation
  • Carol Cole Company

- Frequently Asked Questions -

In 2022, demand for beauty devices accounts for a valuation of US$ 36,008.10 Mn.

The global beauty devices market is estimated to advance at a phenomenal 11.40% CAGR through 2033.

The market for beauty devices is forecasted to climb to US$ 1,16,605.50 Mn by 2033 end.

Demand for beauty devices market in India is projected to rise at an astronomical CAGR of 12.10% over the next ten years.

In 2022, the North America beauty devices market held a dominant market share of 29.60%.

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