Growth Drivers
Challenges
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. The market in Asia Pacific region is estimated to hold the largest share over the forecast period on the back of 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. Moreover, stressful lifestyle in developing countries, along with increasing disposable income is expected to boost the market growth. The 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.
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The global beauty devices market is further classified on the basis of region as follows:
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
18.3% |
Base Year Market Size (2024) |
USD 46.04 billion |
Forecast Year Market Size (2037) |
USD 409.2 billion |
Regional Scope |
|
Author Credits: Parul Atri
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