The $106+ Billion Global Beauty Device Market by Type and Application (2018-2024) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 15, 2019--The “Global Beauty Device Market by Type, by Application - Size, Share, Development, Growth and Demand Forecast, 2018-2024” report has been added to ResearchAndMarkets.com’s offering.
Global Beauty Device Product market report provides analysis for the forecast period 2018-2024. The market study reveals that the market is projected to grow with a CAGR of 19.1% during the anticipated period in terms of value. The market is expected to reach over USD 106,314 Million by 2024.
The given market growth is influenced by increasing inclination of consumers towards beauty devices which are easy to use at home, launch of innovative products and increasing utilization of electronic beauty devices. Moreover, consumer’s increasing dependency on electronic products will significantly drive the electronic beauty devices over the forecast period.
On the basis on the type of products, the global beauty device market is segmented into hair removal devices, cleansing devices, acne devices, light/LED therapy and photo rejuvenation devices, oxygen & steamer devices, hair growth devices, skin dermal rollers, cellulite reduction devices, and others. Based on application, the beauty devices market is segmented into salon, spa, at home and others.
Key FindingsNorth America led the global beauty devices market, over a 52% contribution to the global market in 2017. The North American beauty devices market was valued over USD 16,225 million in 2017 and is expected to grow with a CAGR over 18.8% during the forecast period 2018-2024. Based on type of product, Hair removal devices generated significant revenue in 2017 and it is expected to exhibit the fastest growth during the period 2018-2024. Salon hold major share in the global beauty device application market in 2017 and it is expected to grow with a CAGR over 19 % during the projected period.
1. Research Background
2. Research Methodology
3. Executive Summary
5. Market Size & Forecast, by Type
6. Market Size & Forecast, by Application
7. Global Beauty Devices Market, by Geography
8. Competitive Analysis
9. Company Profiles & Strategic DevelopmentsL’Oreal Nu Skin Enterprises Panasonic Corporation Home Skinovations Photomedex Carol Cole Company Syneron Medical TRIA Beauty Koninklijke Philips
For more information about this report visit https://www.researchandmarkets.com/research/wzjrhg/the_106_billion?w=4
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Related Topics:Personal Care Products
INDUSTRY KEYWORD: RETAIL COSMETICS
SOURCE: Research and Markets
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PUB: 01/15/2019 07:51 AM/DISC: 01/15/2019 07:51 AM