DUBLIN--(BUSINESS WIRE)--The "Home-Use Beauty Devices Market Research Report" has been added to ResearchAndMarkets.com's offering.
The global home-use beauty devices market value is set to reach $89,535.1 million in 2030 from $9,571.6 million in 2020, at a 25.1% CAGR between 2020 and 2030
During the COVID-19 pandemic, the home-use beauty devices market witnessed a negative impact, as the manufacturing of all non-essential products was curtailed during the lockdowns. Moreover, people were forced to stay home, which reduced their need to look good and young to some extent. Further, as many people lost their jobs or were working for smaller paychecks, they did not spend much on such products.
The laser/light category will account for the highest home-use beauty devices market revenue in the coming years, based on technology. Lasers are widely used for reducing the inflammation and redness associated with rosacea and acne, while keeping the area unaffected by these diseases unharmed. Moreover, laser devices boost the production of fibroblasts, which results in an increase in the volume of collagen. This ultimately makes the skin fresher, younger-looking, and firmer, thereby enhancing the overall appearance.
In the years to come, the skin rejuvenation category will witness the fastest growth in the home-use beauty devices market, under the indication segment. The surging focus of people on the improvement of their overall skin health is making them purchase devices that can treat blemishes, wrinkles, pigmentation, sun-induced freckles, fine lines, and age spots.
North America held the largest share in the home-use beauty devices market in the past as a result of the rising appearance consciousness and high disposable income, which boost the spending on a comprehensive beauty regimen. Moreover, many medical and aesthetic device companies are headquartered in the region, which are now focusing on beauty devices that can be conveniently used at homes.
The market is advancing because of:
- Booming Geriatric Population: Age has drastic effects on appearance, in the form of stretch marks, fine lines, wrinkles, loose skin, pigmentary alteration, and dryness. As a result and due to the growing effort on looking young and beautiful, the elderly are procuring home-use beauty devices in massive volumes.
- Rising Dermatological Disease Prevalence: Another key driver for the home-use beauty devices market is the increasing number of people suffering from photo-aging, acne, dyspigmentation, hyperpigmentation, psoriasis, deep wrinkles, freckles, atopic dermatitis, and melasma, all of which harm the skin and physical appearance. Many such diseases can be treated or managed with the help of beauty devices, which is why their sales are increasing.
Market Dynamics
Trends
- Introduction of new products
- Rising inclination for improved appearance
Drivers
- Surging geriatric population
- Increasing prevalence of skin problems
- Rising disposable income
- Growing prevalence of hormonal disorders
- Increasing awareness about beauty devices
- Impact analysis of drivers on market forecast
Restraints
- Risks associated with the use of beauty devices
- Impact analysis of restraints on market forecast
Opportunities
- Emerging economies as potential growth areas for market players
- Rising popularity of e-commerce
Clinical Evidence of Home-Use Beauty Devices
- Panasonic Corporation
- Nu Skin Enterprises Inc.
- TRIA Beauty Inc.
- Home Skinovations Inc.
- Carol Cole Company Inc.
- LightStim
- Dr. Dennis Gross Skincare LLC
The most-significant companies in the global home-use beauty devices market are
- Panasonic Corporation
- Nu Skin Enterprises Inc.
- TRIA Beauty Inc.
- Home Skinovations Ltd.
- Carol Cole Company Inc.
- L'Oreal SA
- Candela Corporation
- YA-MAN LTD.
- MTG Co. Ltd.
- Koninklijke Philips N.V.
- LightStim
- Spectrum Brands Holdings Inc.
- Conair Corporation
- Amorepacific Corporation
- Project E Beauty
- Dr. Dennis Gross Skincare LLC
- Beauty Bioscience Inc.
- FOREO AB
- Cyden Limited
- The Procter & Gamble Company
Key Topics Covered:
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Baseline Methodology
2.4 Market Size Estimation
2.5 Data Triangulation
2.6 Assumptions for the Study
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Technology
4.1.1.1 Laser/light
4.1.1.2 Vibration
4.1.1.3 RF energy
4.1.1.4 Nano-iconic
4.1.1.5 Microneedling
4.1.1.6 Electroporation
4.1.2 By Indication
4.1.2.1 Hair removal
4.1.2.2 Cleansing
4.1.2.3 Acne treatment
4.1.2.4 Skin rejuvenation
4.1.2.5 Oxygen/facial steaming
4.1.2.6 Hair growth
4.1.2.7 Dermarolling
4.1.2.8 Cellulite reduction
4.1.2.9 Others
4.2 Market Dynamics
4.2.1 Trends
4.2.2 Drivers
4.2.3 Restraints
4.2.4 Opportunities
4.3 Porter's Five Forces Analysis
4.4 Impact of COVID-19
4.5 Clinical Evidence of Home-Use Beauty Devices
4.6 Regulatory Framework Analysis
4.7 Marketing Expenses
4.8 Technical Specifications of Key Products
Chapter 5. Global Market Size and Forecast
5.1 Overview
5.2 By Technology
5.3 By Indication
5.4 By Region
Chapter 6. North America Market Size and Forecast
6.1 By Technology
6.2 By Indication
6.3 By Country
6.3.1 U.S. Home-Use Beauty Devices Market
6.3.1.1 By technology
6.3.1.2 By indication
6.3.2 Canada Home-Use Beauty Devices Market
6.3.2.1 By technology
6.3.2.2 By indication
Chapter 7. APAC Market Size and Forecast
7.1 By Technology
7.2 By Indication
7.3 By Country
Chapter 8. Europe Market Size and Forecast
8.1 By Technology
8.2 By Indication
8.3 By Country
Chapter 9. LATAM Market Size and Forecast
9.1 By Technology
9.2 By Indication
9.3 By Country
Chapter 10. MEA Market Size and Forecast
10.1 By Technology
10.2 By Indication
10.3 By Country
Chapter 11. Competitive Landscape
11.1 Product Benchmarking of Key Players
11.2 List of Key Players
11.3 Market Share Analysis of Key Players
11.4 Strategic Developments of Key Players
11.4.1 Product Launches and Approvals
11.4.2 Mergers and Acquisitions
11.4.3 Partnerships and Expansions
11.5 Business Model
Chapter 12. Company Profiles
12.1 Business Overview
12.2 Product and Service Offerings
12.3 Key Financial Summary
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