BlueWeave Consulting Global Beauty Devices Market Analysis by Size, app

Beauty Devices Market Analysis by Size, Application Analysis, Regional
Outlook, Competitive Strategies and Forecasts 2018-2024
Global Beauty Device Market: Overview
According to a new market report published by BlueWeave Consulting, the global beauty device market
was valued at USD 31.26 billion in 2017 and is projected to expand at a CAGR of 19.14% from 2018 to
2024, by value, reaching around USD 106.31 billion by the end of the forecast period. According to the
report, North America was the largest contributor in terms of revenue to global beauty device market in
2017.
Growing hormonal disorders leading to abnormal hair loss and hair growth is driving the global beauty
device market.
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Due to increasing exposure to pollution skin diseases, skin diseases are common in modern society and
it is ever increasing. This is causing papules, hives, warts etc. Other factors contributing to skin diseases
are excessive alcohol consumption and consumption of tobacco. Acne, hyperpigmentation,
depigmentation, psoriasis, freckles, deep wrinkles, atopic dermatitis and melisma are some of the
common skin problems.
Increase in the level of disposable income across the globe has led to a high spending on personal and
beauty care products and devices. Rise in GDP per capita income and high disposable income has led to
increasing spending power of the Asian population to purchase various beauty devices, which further
drives the growth of the global market.
The key driver for the global beauty device market is rise in appearance consciousness consumers
worldwide. Major aspect of people’s life is engrossed by social media. This in turn has attracted people
towards beauty devices to enhance their appearance. For example the technological advancements in
beauty devices with presence of laser treatments for skin lightening and tightening in short span of time
will generate higher market revenue over the forecast period.
Global Beauty Device Market: Scope of the Report
The global market for beauty device is segmented by type of devices, application, and geography. The
type is further segmented into hair removal devices, cleansing devices, acne devices, light/led therapy
and photo rejuvenation devices, oxygen and steamer devices, hair growth devices, skin dermal rollers,
cellulite reduction devices and others. The application is further segment into salon, spa, at home and
others.