Bharat Book Bureau Provides the Trending Market Research Report on “Global Beauty Devices Market By Purpose (Hair Removal, Skin Care, Hair Care and Others), By Distribution Channel (Store-based Retail and Non-Store-based Retail), By Region (APAC, North America, Europe & Others), Competition, Forecast & Opportunities, 2024” under Beauty Services category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Global Beauty Devices Market is forecast to surpass $ 34 billion by 2024 on account of increasing levels of pollution and its detrimental effects on skin and hair, due to which consumers are opting for various beauty care products. Moreover, surging disposable income, escalating geriatric population, increasing appearance consciousness and awareness about beauty devices, and growing prevalence of hormonal disorders are few of the other major factors driving the growth of global beauty devices market.
In terms of purpose, the global beauty devices market is categorized into hair removal, skin care, hair care and others. Among all, skin care category witnessed the fastest growth and is predicted to grow at a pace higher than other categories throughout the forecast period as well. The hair care category captured the major share of the market due to availability of numerous products across geographies owing to which the category has been witnessing significant growth throughout the historical period and is anticipated to maintain its dominance during the forecast period as well.
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Regionally, the beauty devices market is categorized into North America, Europe, Asia-Pacific, South America and Middle East & Africa. Among the regions, North America beauty devices market garnered a significant portion of the global market in 2018. The growth of North America beauty devices market is majorly attributable to the growing ageing population and presence of major manufacturers of beauty devices in the region.
Some of the major players operating the global beauty devices market are Procter & Gamble, Panasonic Corporation, Koninklijke Philips N.V., among others.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020–2024
Objective of the Study:
• To analyze and forecast the market size of global beauty devices market
• To classify and forecast global beauty devices market based on purpose, by distribution channel and regional distribution
• To identify drivers and challenges for global beauty devices market
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global beauty devices market
• To conduct pricing analysis for global beauty devices market
• To identify and analyze the profile of leading players involved in the global beauty devices market
Our Research performed both primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of manufacturers across the globe. Subsequently, Our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our Research could include the manufacturers which could not be identified due to the limitations of secondary research. Our Research analyzed the service offerings, distribution channels and presence of all major manufacturers across the globe.
Our Research calculated the market size of global beauty devices market using a bottom-up approach, wherein data for various applications across various end-user segments was recorded and forecast for the future years. Our Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Our Research.
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