Beauty Devices Market Share

Regionally, the global beauty devices market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific industry is likely to account for largest revenue share by 2036, led by growing appearance consciousness in countries, such as, Korea, and Japan.Korea has the highest number of cosmetic surgeries every year, with almost 20% of the women getting a cosmetic surgery in the region. This is estimated to increase the demand for beauty devices in the region.

North America Market Analysis

Moreover, stressful lifestyle in developing countries, along with increasing disposable income is expected to boost the market growth. The beauty devices market in the North America is anticipated to hold a considerable share over the forecast period owing to the growing influence of Hollywood celebrities on the masses, which encourages them to use skin and hair care devices.

Frequently Asked Questions (FAQ)

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, Lâ€™Oreal S.A., Panasonic Corportion, Johnson & Johnson Consumer Inc., Tria Beauty, The Procter & Gamble Company, Home Skinovations Ltd., Candela Corporation and others.

Beauty Devices Market Share