Global Beauty
Devices Market : Description
Beauty devices are a
wide range of consumer products designed to improve the physical
appearance of an individual by enhancing the skin. The skin is one of
the most important parts of an individual’s appearance, and
therefore, is the focus of various beauty products and devices.
Beauty devices primarily tighten the skin to remove wrinkles and
provide a more youthful appearance; some can also be used to
eliminate pathogens from the skin.
The report on the
global Beauty
Devices
Market
includes comprehensive analysis of the competitive dynamics,
segmentation, and major drivers and restraints of the global beauty
devices market. The report sheds light on the performance of the
beauty devices market in the past, and based on precise analysis of
the market’s current conditions, presents forecasts for the next
few years.
Global Beauty
Devices Market : Drivers and Restraints
Increasing
prevalence of skin diseases that require medical intervention is the
primary driver of the global beauty devices market. Prevalence of
skin diseases such as skin cancer has increased rapidly in the past
few years due to increasing air pollution and exposure to UV rays.
This has driven demand for beauty devices in order to remove signs of
skin diseases. The ease of use of modern beauty devices is another
major factor driving demand.
The increasing
geriatric population is also a major driver of the global beauty
devices market. Geriatric people suffer from more skin disorders than
the youth, as the skin suffers from degradation over time. The
improving standards of life in developed as well as developing
economies have allowed the geriatric population to expand rapidly,
thereby driving demand for beauty devices. High purchasing power of
the geriatric population has also fueled the growth of the global
beauty devices market.
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On the other hand,
the risk of bacterial and fungal infections is a major restraint of
the global beauty devices market. Contact dermatitis is also a risk
with several beauty devices. Hence, product innovation to iron out
the risk of such side effects has emerged as one of the most
promising opportunities in the global beauty devices market.
Global Beauty
Devices Market : Geographical Dynamics
North America
dominates the global beauty devices market. High disposable income of
consumers in the region, which allows them to set aside significant
sums for personal care, is a major driver of the beauty devices
market in the region. Due to early introduction in the region, beauty
devices are readily accepted by consumers as part of their day-to-day
lifestyle than those in other regions. This has augmented the beauty
devices market in the region.
Asia Pacific is
expected to emerge as a major market for beauty devices in the next
few years. The rapid increase in the GDP of countries such as China
has allowed consumers to spend more on personal care. This has driven
demand for various beauty products. China has one of the fastest
growing personal care markets in the world. It is expected to remain
a dominant force in the global beauty devices market in the near
future.
Major
Players operating in the global
beauty devices market are L’Oréal Group, Panasonic Corporation,
TRIA Beauty, Inc., Koninklijke Philips N.V., Procter & Gamble,
Home Skinovations, Ltd., Carol Cole Company, Syneron Medical, Ltd.,
and Nu Skin Enterprises, Inc.
The report offers a
comprehensive evaluation of the market. It does so via in-depth
qualitative insights, historical data, and verifiable projections
about market size. The projections featured in the report have been
derived using proven research methodologies and assumptions. By doing
so, the research report serves as a repository of analysis and
information for every facet of the market, including but not limited
to: Regional markets, technology, types, and applications.
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