DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Beauty Devices Market Size, Share, Development, Growth and Demand Forecast to 2020 - Industry Insights by Type and by Application" report to their offering.
The global beauty devices market accounted for $19,716.9 million during 2014, and it is expected to grow with a CAGR of 18.9% during 2015-2020.
The Hair removal devices market segment dominated the market during 2014 with about 21.4% share; whereas, among application segment, salon accounted for the highest share of about 55.6% in market during the same year. Beauty devices market is escalating with high growth rate due to growing geriatric population and increasing prevalence of skin diseases as a result of harmful UV radiations. Also, increase in disposable income in developing lead to increased spending on personal care products.
The increasing aging population is propelling the growth of the global beauty devices market, as the Old age is associated with loss of fibrous tissue, and reduced vascular and glandular network in the layers of skin. In the elderly population, the appearance and characteristics of the skin gets altered, leading to wrinkles, dryness, pigmentary alteration, and sagging of the skin. In addition, anti-aging products and devices help in reducing skin aging, thus giving younger look to a person by revitalizing and tightening the skin, thus fuelling the demand of the global beauty devices market.
The restraints associated with the global beauty devices market include the risks associated with photo rejuvenation devices include discomfort, excessive swelling, fragile skin, bruising, and blistering. These side effects postpone further treatment of the affected area, until complete healing takes place. Also, the intense pulsed light can lead to side effects, such as superficial burns, scarring, edema, and postoperative erythema. Furthermore, availability of easy-to-use beauty products is hampering the growth of the market.
1. Research Scope and Methodology
2. Executive Summary
3. Market Outlook
4. Global Beauty Devices Market Size and Forecast (2011 - 2020)
5. Global Beauty Devices Market Breakdown by Type of Devices
6. Global Beauty Devices Market Breakdown by Application
7. Global Beauty Devices Market Breakdown by Geography
8. Competitive Analysis
9. Company Profiles
- Carol Cole Company
- Home Skinovations, Ltd
- Koninklijke Philips N.V.
- L'Oreal Group
- Nu Skin Enterprises, Inc.
- Panasonic Corporation
- PhotoMedex, Inc.
- Procter & Gamble Company
- Syneron Medical, Ltd.
TRIA Beauty, Inc.
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