Beauty Devices Market by Product Type (Hair Care Devices, Facial Devices, Skin Care Devices, Oral Care Devices, Eye Care Devices, and Others), by Gender (Female and Male), by End User (Professional and Homecare): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 16-Apr-2021 Category: Medical Device Report Format : PDF Pages: 110 Report Code: ZMR-469 Status : Published

The global beauty devices market accounted for USD 21.31 Billion in 2020 and is expected to reach USD 50.56 Billion by 2028, growing at a CAGR of 12.8% from 2021 to 2028.

Description

Market Overview

The global beauty devices market accounted for USD 21.31 Billion in 2020 and is expected to reach USD 50.56 Billion by 2028, growing at a CAGR of 12.8% from 2021 to 2028.

Beauty is one of the crucial characteristic of women and men both. Nowadays, Beauty devices are used in every segment such as, hair, facial, skin, oral and eye. Online Marketing and technological advancement is helping in commercializing the market for beauty devices, also people are more conscious about their appearance. Existing market players are mostly focusing on out of the box approaches and advanced technology, which has created a tough competition among the current market players which led to a decrease in prices, since people are getting to know about the market they weren’t aware of.

COVID-19 Impact Analysis

Beauty device industry market is undergoing a lot of challenges, since the demand for the goods is falling and it is directly affecting the revenue for the organizations during the pandemic. Companies like L’Oréal S.A., Proctor and Gamble, Johnson and Johnson, and Estee Lauder which are offering various products for the end user are encountering a substantial fall in the demand for these products.

Supply for various raw material used for the production of beauty devices has decreased as countries went into complete or partial lockdown which affected the transportation. This then led to a decrease in supply of beauty devices. It has been noticed that the rise in fear for infection of COVID has resulted into labor shortages.

Global Beauty Devices Market

Growth Factors

One major growth driver for beauty devices market is the aging population. As old age is nothing but loss of elasticity, laxity, wrinkling and rough textured appearance. As we grow our skin develops lesion like benign tumors, skin becomes slack, more transparent, more fragile, rough and dry. The reason for growth in beauty devices market is people are very conscious about their appearance and these beauty devices are helping them revitalizing skin, tightening skin tissues, reducing wrinkles and many more such reasons.

Moreover, another factor for the growth in this market is increasing skin problems. For instance, photo aging, which is a result of exposure to UV rays and pollution, which causes sunburn, hair loss and reduction in skin elasticity. Pollution and excessive consumption of tobacco and alcohol are the major reasons which led to a surge in skin problems. Therefore, due to all these issues, people are rapidly purchasing beauty devices for their management and treatment.

Improving quality of life, effect of appearance in self-esteem and confidence, and a shift towards luxury segment are also some of the reasons for the growth of beauty devices market industry.

Report Scope

Product Type Segment Analysis Preview

Skin care devices segment held a share of over 15% in 2020. Skin care devices includes dermatoscopy devices, biopsy devices, cryotherapy devices, liposuction, LED therapy and many more. This is due to the rising pervasiveness of increasing in the disposable income, growing pollution, growing global warming, and appearance consciousness. Hair care, oral care, eye care, and facial devices form the Product Type segment.

End User Segment Analysis Preview

The homecare segment is projected to grow at a CAGR of around 10% from 2021 to 2028. This is due to the increasing awareness of online shopping, awareness over beauty pageants in the fashion industry. These devices are easily available through various distribution channels and are easy to use.

Regional Analysis Preview

North America held a share exceeding 25% in 2020. The major reason that contributed to this number is increase in disposable income coupled with appearance consciousness which led to an increase in spending on beauty products devices. Further, the preference of end users in this region is shifting towards organic products and technology-driven products and procedures. This has led to an increase in the sale of such devices. Similarly, the incidence of skin diseases, like, acne, burn cases, is surging in the U.S. which is expected to augment the market growth.

Asia Pacific is projected to grow at a CAGR of 14.2% during the forecast period in the global market for beauty devices. India and China are estimated to grow at a rapid pace in this region. Moreover, the beauty and personal care market in China are also growing due to the rapid economic development in the country.

Key Market Players & Competitive Landscape

Some of key players in beauty device market include L'Oréal, Nu Skin Enterprises, Home Skinovations, Ltd.., Syneron Medical, Ltd.., TRIA Beauty, Inc., PhotoMedex, Inc., Koninklijke Philips N.V., Panasonic Corporation, Proctor and Gamble, and Carol Cole Company, among others. These companies have apprehended the major part of the global market in the beauty devices market, entry of new companies is estimated to rise the level of competition in the coming years. Mergers and acquisitions have arrived as the strongest set of strategic measures in the beauty devices market, due to the continued achievement of business growth by the major companies.

For instance, in 2018 September, Ellipse was acquired by Syneron Medical Ltd.., Denmark-based producer of IPL devices (intense pulsed light) and laser, to cater a large number of aesthetic skin and medical purposes. Similarly, in 2018 March, ModiFace Inc. was acquired by L'Oréal, which cater AI (Artificial Intelligence) and AR (Augmented Reality), these are the latest technologies for the beauty sector. By this move, L'Oréal was aiming to advance technologically its 34 brands, for a broader customer view.

The global beauty devices market is segmented as follows:

By Product Type

  • Hair Care Devices
  • Facial Care Devices
  • Skin Care Devices
  • Oral Care Devices
  • Eye Care Devices
  • Others

By Gender

  • Male
  • Female

By End User

  • Professional
  • Homecare

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1: Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2: Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Product Type
        • 2.1.1.2. Market Attractiveness Analysis, By Gender
        • 2.1.1.3. Market Attractiveness Analysis, By End User
        • 2.1.1.4. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Beauty Devices Market, 2016 – 2028 (USD Million)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3: COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4: Beauty Devices Market – Product Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Product Type, 2020 & 2028
    • 4.2. Hair Care Devices
      • 4.2.1. Market Size and Forecast, By Region (USD Million)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Facial Care Devices
      • 4.3.1. Market Size and Forecast, By Region (USD Million)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Skin Care Devices
      • 4.4.1. Market Size and Forecast, By Region (USD Million)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. Eye Care Devices
      • 4.5.1. Market Size and Forecast, By Region (USD Million)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.6. Oral Care Devices
      • 4.6.1. Market Size and Forecast, By Region (USD Million)
      • 4.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.7. Others
      • 4.7.1. Market Size and Forecast, By Region (USD Million)
      • 4.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.7.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5: Beauty Devices Market – Gender Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Gender, 2020 & 2028
    • 5.2. Male
      • 5.2.1. Market Size and Forecast, By Region (USD Million)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Female
      • 5.3.1. Market Size and Forecast, By Region (USD Million)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6: Beauty Devices Market – End User Segment Analysis
    • 6.1. Overview
      • 6.1.1. Market Revenue Share, By End User, 2020 & 2028
    • 6.2. Professional
      • 6.2.1. Market Size and Forecast, By Region (USD Million)
      • 6.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.3. Homecare
      • 6.3.1. Market Size and Forecast, By Region (USD Million)
      • 6.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 7: Beauty Devices Market – Regional Analysis
    • 7.1. Overview
      • 7.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 7.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Million)
    • 7.2. North America
      • 7.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.2.2. North America Market Revenue, By Product Type, 2016 – 2028
      • 7.2.3. North America Market Revenue, By Gender, 2016 – 2028
      • 7.2.4. North America Market Revenue, By End User, 2016 – 2028
      • 7.2.5. U.S.
        • 7.2.5.1. U.S. Market Revenue, By Product Type, 2016 – 2028
        • 7.2.5.2. U.S. Market Revenue, By Gender, 2016 – 2028
        • 7.2.5.3. U.S. Market Revenue, By End User, 2016 – 2028
      • 7.2.6. Canada
        • 7.2.6.1. Canada Market Revenue, By Product Type, 2016 – 2028
        • 7.2.6.2. Canada Market Revenue, By Gender, 2016 – 2028
        • 7.2.6.3. Canada Market Revenue, By End User, 2016 – 2028
      • 7.2.7. Mexico
        • 7.2.7.1. Mexico Market Revenue, By Product Type, 2016 – 2028
        • 7.2.7.2. Mexico Market Revenue, By Gender, 2016 – 2028
        • 7.2.7.3. Mexico Market Revenue, By End User, 2016 – 2028
    • 7.3. Europe
      • 7.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.3.2. Europe Market Revenue, By Product Type, 2016 – 2028
      • 7.3.3. Europe Market Revenue, By Gender, 2016 – 2028
      • 7.3.4. Europe Market Revenue, By End User, 2016 – 2028
      • 7.3.5. Germany
        • 7.3.5.1. Germany Market Revenue, By Product Type, 2016 – 2028
        • 7.3.5.2. Germany Market Revenue, By Gender, 2016 – 2028
        • 7.3.5.3. Germany Market Revenue, By End User, 2016 – 2028
      • 7.3.6. France
        • 7.3.6.1. France Market Revenue, By Product Type, 2016 – 2028
        • 7.3.6.2. France Market Revenue, By Gender, 2016 – 2028
        • 7.3.6.3. France Market Revenue, By End User, 2016 – 2028
      • 7.3.7. U.K.
        • 7.3.7.1. U.K. Market Revenue, By Product Type, 2016 – 2028
        • 7.3.7.2. U.K. Market Revenue, By Gender, 2016 – 2028
        • 7.3.7.3. U.K. Market Revenue, By End User, 2016 – 2028
      • 7.3.8. Italy
        • 7.3.8.1. Italy Market Revenue, By Product Type, 2016 – 2028
        • 7.3.8.2. Italy Market Revenue, By Gender, 2016 – 2028
        • 7.3.8.3. Italy Market Revenue, By End User, 2016 – 2028
      • 7.3.9. Spain
        • 7.3.9.1. Spain Market Revenue, By Product Type, 2016 – 2028
        • 7.3.9.2. Spain Market Revenue, By Gender, 2016 – 2028
        • 7.3.9.3. Spain Market Revenue, By End User, 2016 – 2028
      • 7.3.10. Rest of Europe
        • 7.3.10.1. Rest of Europe Market Revenue, By Product Type, 2016 – 2028
        • 7.3.10.2. Rest of Europe Market Revenue, By Gender, 2016 – 2028
        • 7.3.10.3. Rest of Europe Market Revenue, By End User, 2016 – 2028
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.4.2. Asia Pacific Market Revenue, By Product Type, 2016 – 2028
      • 7.4.3. Asia Pacific Market Revenue, By Gender, 2016 – 2028
      • 7.4.4. Asia Pacific Market Revenue, By End User, 2016 – 2028
      • 7.4.5. China
        • 7.4.5.1. China Market Revenue, By Product Type, 2016 – 2028
        • 7.4.5.2. China Market Revenue, By Gender, 2016 – 2028
        • 7.4.5.3. China Market Revenue, By End User, 2016 – 2028
      • 7.4.6. Japan
        • 7.4.6.1. Japan Market Revenue, By Product Type, 2016 – 2028
        • 7.4.6.2. Japan Market Revenue, By Gender, 2016 – 2028
        • 7.4.6.3. Japan Market Revenue, By End User, 2016 – 2028
      • 7.4.7. India
        • 7.4.7.1. India Market Revenue, By Product Type, 2016 – 2028
        • 7.4.7.2. India Market Revenue, By Gender, 2016 – 2028
        • 7.4.7.3. India Market Revenue, By End User, 2016 – 2028
      • 7.4.8. South Korea
        • 7.4.8.1. South Korea Market Revenue, By Product Type, 2016 – 2028
        • 7.4.8.2. South Korea Market Revenue, By Gender, 2016 – 2028
        • 7.4.8.3. South Korea Market Revenue, By End User, 2016 – 2028
      • 7.4.9. South-East Asia
        • 7.4.9.1. South-East Asia Market Revenue, By Product Type, 2016 – 2028
        • 7.4.9.2. South-East Asia Market Revenue, By Gender, 2016 – 2028
        • 7.4.9.3. South-East Asia Market Revenue, By End User, 2016 – 2028
      • 7.4.10. Rest of Asia Pacific
        • 7.4.10.1. Rest of Asia Pacific Market Revenue, By Product Type, 2016 – 2028
        • 7.4.10.2. Rest of Asia Pacific Market Revenue, By Gender, 2016 – 2028
        • 7.4.10.3. Rest of Asia Pacific Market Revenue, By End User, 2016 – 2028
    • 7.5. Latin America
      • 7.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.5.2. Latin America Market Revenue, By Product Type, 2016 – 2028
      • 7.5.3. Latin America Market Revenue, By Gender, 2016 – 2028
      • 7.5.4. Latin America Market Revenue, By End User, 2016 – 2028
      • 7.5.5. Brazil
        • 7.5.5.1. Brazil Market Revenue, By Product Type, 2016 – 2028
        • 7.5.5.2. Brazil Market Revenue, By Gender, 2016 – 2028
        • 7.5.5.3. Brazil Market Revenue, By End User, 2016 – 2028
      • 7.5.6. Argentina
        • 7.5.6.1. Argentina Market Revenue, By Product Type, 2016 – 2028
        • 7.5.6.2. Argentina Market Revenue, By Gender, 2016 – 2028
        • 7.5.6.3. Argentina Market Revenue, By End User, 2016 – 2028
      • 7.5.7. Rest of Latin America
        • 7.5.7.1. Rest of Latin America Market Revenue, By Product Type, 2016 – 2028
        • 7.5.7.2. Rest of Latin America Market Revenue, By Gender, 2016 – 2028
        • 7.5.7.3. Rest of Latin America Market Revenue, By End User, 2016 – 2028
    • 7.6. The Middle-East and Africa
      • 7.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.6.2. The Middle-East and Africa Market Revenue, By Product Type, 2016 – 2028
      • 7.6.3. The Middle-East and Africa Market Revenue, By Gender, 2016 – 2028
      • 7.6.4. The Middle-East and Africa Market Revenue, By End User, 2016 – 2028
      • 7.6.5. GCC Countries
        • 7.6.5.1. GCC Countries Market Revenue, By Product Type, 2016 – 2028
        • 7.6.5.2. GCC Countries Market Revenue, By Gender, 2016 – 2028
        • 7.6.5.3. GCC Countries Market Revenue, By End User, 2016 – 2028
      • 7.6.6. South Africa
        • 7.6.6.1. South Africa Market Revenue, By Product Type, 2016 – 2028
        • 7.6.6.2. South Africa Market Revenue, By Gender, 2016 – 2028
        • 7.6.6.3. South Africa Market Revenue, By End User, 2016 – 2028
      • 7.6.7. Rest of Middle-East Africa
        • 7.6.7.1. Rest of Middle-East Africa Market Revenue, By Product Type, 2016 – 2028
        • 7.6.7.2. Rest of Middle-East Africa Market Revenue, By Gender, 2016 – 2028
        • 7.6.7.3. Rest of Middle-East Africa Market Revenue, By End User, 2016 – 2028
  • Chapter No. 8: Beauty Devices Market – Industry Analysis
    • 8.1. Introduction
    • 8.2. Market Drivers
    • 8.3. Market Restraints
    • 8.4. Market Opportunities
    • 8.5. Porter’s Five Forces Analysis
    • 8.6. PEST Analysis
    • 8.7. Regulatory Landscape
    • 8.8. Technulogy Landscape
    • 8.9. Regional Market Trends
      • 8.9.1. North America
      • 8.9.2. Europe
      • 8.9.3. Asia Pacific
      • 8.9.4. Latin America
      • 8.9.5. The Middle-East and Africa
    • 8.10. Pricing Analysis
    • 8.11. Value Chain Analysis
    • 8.12. Downstream Buyers
    • 8.13. Distributors/Traders List
  • Chapter No. 9: Competitive Landscape
    • 9.1. Company Market Share Analysis – 2019
      • 9.1.1. Global Beauty Devices Market: Company Market Share, 2019
      • 9.1.2. Global Beauty Devices Market, Company Market Revenue, 2016 – 2019 (USD Million)
      • 9.1.3. Global Beauty Devices Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 9.1.4. Global Beauty Devices Market: Radar Determinant Chart, 2019
    • 9.2. Strategic Developments
      • 9.2.1. Acquisitions & Mergers
      • 9.2.2. New Product Launch
      • 9.2.3. Regional Expansion
    • 9.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 10: Company Profiles
    • 10.1. L'Oréal
    • 10.2. Nu Skin Enterprises
    • 10.3. Home Skinovations, Ltd.
    • 10.4. Syneron Medical, Ltd.
    • 10.5. TRIA Beauty Inc.
    • 10.6. PhotoMedex, Inc.
    • 10.7. Koninklijke Philips N.V.
    • 10.8. Panasonic Corporation.
    • 10.9. Proctor and Gamble
    • 10.10. Carul Cule Company
  • Chapter No. 11: Marketing Strategy Analysis
    • 11.1. Marketing Channel
    • 11.2. Direct Marketing
    • 11.3. Indirect Marketing
    • 11.4. Marketing Channel Development Trends
    • 11.5. Economic/Pulitical Environmental Change
  • Chapter No. 12: Research Methodulogy
    • 12.1. Research Methodulogy
    • 12.2. Phase I - Secondary Research
    • 12.3. Phase II - Data Modeling
      • 12.3.1. Company Share Analysis Model
      • 12.3.2. Revenue Based Modeling
    • 12.4. Phase III - Primary Research
    • 12.5. Research Limitations
      • 12.5.1. Assumptions

Methodology


Frequently Asked Questions

The global beauty devices market was valued at USD 21.31 Billion in 2020.

The global beauty devices market is expected to reach USD 50.56 Billion by 2028, growing at a CAGR of 12.8% between 2021 to 2028.

Dropping prices of beauty devices due to the fierce market competition, the surging geriatric population and increasing incidence of hormonal and dermatological ailments are the drivers in beauty devices market growth.

North America held a share of over 25% in the global beauty devices market. This is attributable to the increase in disposable income coupled with appearance consciousness which led to an increase in spending on beauty products devices.

Some of key players beauty devices market include Nu Skin Enterprises Inc., PhotoMedex Inc., Syneron Medical Ltd., Panasonic Corporation, Procter & Gamble, L’Oréal Group, TRIA Beauty Inc., Koninklijke Philips N.V., Carol Cole Company, and Home Skinovations Ltd., among others.

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