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Beauty Devices Booming Due to Spending Increase in Personal Care

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The beauty devices market is expected to continue growing between now and 2022, largely attributed to more disposable income and growing interest in older generations. The market was valued at $23, 403.9 million in 2015 and growing 19% during this period.

Older generations are growing with a desire to look younger. The use of anti-aging products is especially popular in this generation with the onset of wrinkles, pigmentary loss, hair loss and sagging skin.

Key companies in this market include: L’Oreal Group, Nu Skin Enterprises Inc., Panasonic Corporation, Home Skinovations Ltd., PhotoMedex Inc., Carol Cole Company, Procter & Gamble Company, Syneron Medical Ltd., TRIA Beauty Inc., and Koninklijke Philips N.V.

This market research was divided by type of device, application and geography, as outlined below.                           

Type of Device

  • Hair removal devices
  • Cleansing devices
  • Acne devices
  • Light/LED therapy and Photo rejuvenation devices
  • Oxygen and steaming devices
  • Hair growth devices
  • Skin dermal rollers
  • Cellulite reduction devices

Application

Geography

  • North America (U.S., Canada, and rest of North America)
  • Europe (Germany, France, Italy, Spain, The U.K. and rest of Europe)
  • Asia (China, Japan, India and rest of Asia)
  • Latin America (Brazil and rest of Latin America)
  • Rest of world