Global Beauty Devices Market is estimated to account for US$ 179,729.8 Mn by end of 2027, Says Coherent Market Insights (CMI)

Beauty devices, such as skin care devices, hair care devices, eye care devices, and oral care devices, are used to improve the beauty appearance. However, different skin types require different type of devices. Skin care devices are categorized into facial, hand, body, and head devices. Facial devices include sun blocks, creams, gels, moisturizers, cleansers, face scrubs, and much more. Other skin care devices include eye makeup removers, body washes, soaps, and other skin care products. Light/LED therapy and Photorejuvenation devices use narrow band and non-thermal LED light energy to activate the natural cell processes in the body for the promotion of skin rejuvenation and repair.

The global beauty devices market is estimated to account for US$ 179,729.8 Mn in terms of value by the end of 2027, witnessing a CAGR of 18.7% in the forecast period.

Market Drivers:

1. Introduction of advanced technology based beauty devices is expected to augment growth of the global beauty devices market over the forecast period.

The latest products in the market are based on advanced technology and each time more innovative and creative ideas are coming up with new products. For instance, in January 2020, L’Oréal unveiled Perso at Consumer Electronics Show (CES) 2020. Perso is an AI-controlled cosmetic product dispensing device, which is actually a collection of three devices; one for skincare, foundation, and lipstick each.

2. Increasing prevalence of skin disorders, such as acne, is also expected to drive the global beauty devices market growth.

According to the American Academy of Dermatology, acne is the most common skin condition in the United States, affecting up to 50 million Americans every year.

Request for Sample copy of this Report @ https://www.coherentmarketinsights.com/insight/request-sample/4386

Market Opportunities:

1. Continuous product innovation is expected to offer lucrative opportunities for players in the global beauty devices market.

2. Increasing aging population and the growing e-commerce sector is also expected to offer significant growth opportunities to the global beauty devices market.

Market Trends:

1. Growing trends for portable and handheld beauty devices is expected to propel the global beauty devices market growth.

For instance, in March 2021, DMK launched the ThermaWave, a handheld device that gives the facial muscles an anti-ageing workout using low levels of electricity, as well as reducing redness and inflammation, shrinking pores and fighting acne-causing bacteria.

2. The emergence of COVID-19 is also expected to fuel growth of the global beauty devices market over the forecast period.

Demand for beauty and personal care products has increased during the pandemic due to rising trend of portable and home-use beauty devices.

Competitive Landscape:

Major players active in the global beauty devices market are L'Oréal Group, AmorePacific Group, TRIA Beauty, Inc., Koninklijke Philips N.V., Procter & Gamble Company, Carol Cole Company, PhotoMedex, Inc., Home Skinovations, Ltd., Panasonic Corporation, and Nu Skin Enterprises, Inc.

Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/4386

Recent Developments:

In July 2020, Royal Philips launched a new range of DIY female grooming products for hair care and facial beauty. Philips has developed intelligent microprocessor enabled products that adapt real time and deliver unique care for the unique hair. Philips SenseIQ Hair Dryer and Hair Straightener use active sensors to measure hair’s temperature during styling session and adapt the temperature delivering personalized styling experience.

In August 2019, Royal Philips expanded its existing portfolio of innovative beauty products with the launch of the Philips Hair Straightening Brush. The new styling hair straightening brush comes with Silk ProCare Technology that not just gives great results in no time, but also cares for the hair and ensures minimal damage.

Market segmentation:

By Device Type:

• Hair Removal Devices
• Cleansing Devices
• Acne Devices
• Rejuvenation Devices
• Light/LED Therapy
• Photorejuvenation Devices
• Oxygen and Steamer Devices
• Hair Growth Devices
• Skin Dermal Devices
• Cellulite Reduction Devices

By Application:

• Salon
• Spa
• At Home

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East
• Africa

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210517005467/en/

Global Beauty Devices Market is projected to grow at a CAGR of 18.7% during forecast 2020-2027, Says Coherent Market Insights