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
- Spa
- Salon
- At home
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
