Global Home-Use Beauty Devices Market is expected to foresee significant growth. APAC to lead the growth!

The global home-use beauty devices market is expected to register a CAGR of around 25% over the period of 2021-2027. The home-use beauty devices market is growing on account of the factors such as stringent government regulations coupled with the growing focus of major stakeholders in the beauty industry to adopt to make beauty products more sustainable with no side effects and eco-friendlier. Major beauty companies are investing heavily in their products due to rising appearance consciousness, awareness of beauty devices, the growing geriatric population, and the rising incidence of skin illnesses. According to the United Nations Department of Economic and Social Affairs (UNDESA), the global population of individuals aged 65 years and more will grow from 727 million in 2020 to approximately 1.5 billion by 2050. Furthermore, various factors such as hormonal imbalance can cause conditions like hirsutism which is responsible for excessive body hair growth and significantly contributes to the market for aesthetic devices. Therefore, the market for home-use beauty devices is expected to witness significant growth during the forecast period.

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Based on type, the market is classified into hair removal, cleansing, acne treatment, light-emitting diode (LED) therapy and photo rejuvenation, oxygen/facial steaming, hair growth, and others. Amongst types, the hair removal category accounted for a significant share of the market. This is mainly due to the presence of a wide range of products and the advent of novel and improved methods that are quick, painless, and more effective procedures such as laser hair removal treatment.

Based on technology, the market is categorized into laser/ light, vibration, RF energy, nano-iconic, micro-needling, and electroporation. Among these, laser/light is expected to witness the highest CAGR during the forecast period. The laser/light technology is used for reducing the inflammation and redness associated with rosacea and acne while targeting specific areas of the skin, without harming the healthy skin part.

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For a better understanding of the market adoption of the home-use beauty devices industry, the market is analyzed based on its worldwide presence in the countries such as North America (US, Canada, Rest of North America); Europe (Germany, UK, France, Italy, Spain, and Rest of Europe); Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific), and Rest of World. North America is expected to witness a significant CAGR during the forecast period on account of growing various beauty devices and skin treatments activities in countries like the U.S. and Canada. Moreover, new product launches owing to the presence of well-established market players is also contributing to the growing share of this region. Furthermore, The increased consumer awareness regarding the availability of various beauty devices and skin treatments will drive the market growth.

Some of the major players operating in the market include Nu Skin Enterprises Inc., Tria Beauty Inc., Koninklijke Philips N.V., Carol Cole Company, L’Oreal Group, Procter & Gamble, Home Skinovations Ltd., Photomedex Inc., Candela Corporation, MTG Co. Ltd.

Global Home-Use Beauty Devices Market Segmentation

Market Insight, by Types

• Hair Removal
• Cleansing
• Acne Treatment
• Light-Emitting Diode (LED) Therapy and Photorejuvenation
• Oxygen/Facial Steaming
• Hair Growth
• Others

Market Insight, by Technology

• Laser/ Light
• Vibration
• RF Energy
• Nano-Iconic
• Micro needling
• Electroporation

Market Insight, by End User

• Beauty Salons
• Specialty Stores
• Online Channels
• Others

Market Insight, by Region

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Rest of World

Top Company Profiles

• Nu Skin Enterprises Inc.
  • Tria Beauty Inc.
  • Koninklijke Philips N.V.
  • Carol Cole Company
  • L’Oreal Group
  • Procter & Gamble
  • Home Skinovations Ltd.
  • Photomedex Inc.
  • Candela Corporation
  • MTG Co. Ltd.