Increasing cases of skin diseases and hair problems due to pollution and poor lifestyle is a major factor driving the market growth.
The market is anticipated to attain a notable CAGR over the forecast period, i.e., 2021-2029.
Side effect of beauty devices is one of the factors estimated to hamper the market growth.
The market in Asia Pacific is estimated to provide most growth opportunities owing to the increasing consciousness about personal appearance in the region.
The major players in the market are Oriflame Cosmetics AG, L’Oreal S.A., Panasonic Corportion, Johnson & Johnson Consumer Inc., Tria Beauty, The Procter & Gamble Company, Home Skinovations Ltd., Candela Corporation and others.