The global beauty devices market is anticipated to grow at a significant CAGR of 19.6% during the forecast period (2022-2028). The demand for hair removal devices is increasing during the forecast period due to which the beauty devices market witnesses growth globally. Further, the technological advancement in beauty devices and implementation of new features attract customers due to which the usage of beauty devices increases, and the beauty devices market grows during the forecast period. For instance, in May 2020, Lira Style, a Chicago-based medical device company launched the newest platform, the Cervello. The device offers clinically proven laser hair removal treatments for all skin types with a combination of 755 Alexandrite, 808 Diode, and 1064 long-pulsed YAG.
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Additionally, some people are not comfortable visiting salons for the hair removal process due to which many key players are innovating their products and introducing advanced devices for hair removal with zero pain. For instance, in January 2022, Homiley launched At-home IPL hair removal to save women from razor bumps or ingrown hair. The device combines relative affordability with comfort and privacy to achieve the desired results without leaving the house, amidst rave reviews from users.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
o By Type
o By Mode of Operation
o By Gender
o By End-User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape – Beauty Bioscience, Inc., Koninklijke Philips N.V., Spectrum Brands Holdings, Inc., Panasonic Holdings Corp., The Proctor & Gamble Co., and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Beauty Devices Market Report by Segment
By Type
- Hair Care Devices
- Facial Devices
- Skin Care Devices
- Oral Care Devices
- Eye Care Devices
By Mode of Operation
- Electric and Battery Operated
- Manual
By Gender
- Female
- Male
By End-User
- Salon
- Spa
- Home
