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Global Beauty Device Market by Type, by Application, Size, Share, Development, Growth and Demand Forecast, 2018-2024

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

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.

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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.
Geographically, the global beauty device market is bifurcated into North America, Asia Pacific, Europe, and Rest of the World. North America beauty device market was the most prominent market because beauty device industry is one the major revenue contributor within the manufacturing industries. Thus, the demands for beauty device products, like hair removal devices, cleansing devices, acne devices, light/LED therapy, etc will generate higher revenue returns over the forecast period.

Global Beauty Device Market: Competitive Dynamics
Major industry players in global beauty device market are adopting different strategic initiatives such as mergers and acquisitions, partnerships, and collaborations for strategic expansion in the beauty device market. For instance, In January 2017, L’Oréal signed an agreement with Valeant Pharmaceuticals to acquire; it’s the skincare brands including CeraVe, AcneFree, and Ambi for a consideration of USD 1.3 billion in cash. The acquisition is aimed to expand L’Oreal’s Active cosmetics division.

Market Segmentation: Global Beauty Device Market
By Type
• Hair Removal Devices
• Cleansing Devices
• Acne Devices
• Light/LED Therapy
• Photo Rejuvenation Devices
• Oxygen
• Steamer Devices
• Hair Growth Devices
• Skin Dermal Rollers
• Cellulite Reduction Devices
• Others
By Application
• Salon
• Spa
• Home
• Others
By Region
• North America
• Europe
• Asia Pacific
• Rest of the World

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Table of Contents

Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market segmentation by type
1.3.2 Market segmentation by application
1.3.3 Market segmentation by geography
1.3.4 Analysis period
1.3.5 Market data reporting unit
1.3.5.1. Value
1.4 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown of primary research respondents
2.2.2 By region
2.2.3 By industry participants
2.2.4 By company type
2.3 Market Size Estimation
2.4 Market Breakdown and Data Triangulation
2.5 Assumptions for the Study
Chapter 3. Executive Summary
3.1 Key Findings
3.2 Research Summary
Chapter 4. Introduction
4.1 Market Segmentation
4.1.1 Overview by type of device
4.1.1.1 Hair removal devices
4.1.1.2 Cleansing devices
4.1.1.3 Acne devices
4.1.1.4 Light/LED therapy and photorejuvenation (LT&P) devices
4.1.1.5 Oxygen & steamer devices
4.1.1.6 Hair growth devices
4.1.1.7 Skin dermal rollers
4.1.1.8 Cellulite reduction devices
4.1.1.9 Others
4.1.2 Overview by application
4.1.2.1 Salon
4.1.2.2 Spa
4.1.2.3 At Home
4.1.2.4 Others
4.2 Market Dynamics
4.2.1 Trends
4.2.1.1 Introduction of newly launched products
4.2.1.2 Amplifying usage of electronic beauty devices
4.2.1.3 At-home beauty devices are gaining popularity due to its easy to use feature
4.2.2 Drivers
4.2.2.1 Increasing geriatric population
4.2.2.2 Increasing ascendancy of skin diseases
4.2.2.3 Increase in disposable income leading to rise in spending on personal care
4.2.2.4 Increasing hormonal disorders leading to abnormal hair loss and hair growth
4.2.2.5 Growing appearance consciousness leading to beauty devices
4.2.2.6 Impact analysis of drivers on market forecast
4.3 Factors Hindering the Market and its Impact on Market Forecast
4.3.1.1 Allied health hazards with beauty devices
4.3.1.2 Prevailing traditional and cheap beauty products
4.3.1.3 Elevated prices of beauty devices
4.3.1.4 Impact analysis of restraints on market forecast
Chapter 5. Market Size and Forecast by Type
5.1 Global Hair Removal Devices Market
5.1.1 Global hair removal devices market, by region
5.2 Global Cleansing Devices Market
5.2.1 Global cleansing devices market, by region
5.3 Global Acne Devices Market
5.3.1 Global acne devices market, by region
5.4 Global Light/LED Therapy and Photorejuvenation Devices Market
5.4.1 Global light/LED therapy and photorejuvenation devices market, by region
5.5 Global Oxygen and Steamer Devices Market
5.5.1 Global oxygen and steamer devices market, by region
5.6 Global Hair Growth Devices Market
5.6.1 Global hair growth devices market, by region
5.7 Global Skin Dermal Rollers Market
5.7.1 Global skin dermal rollers market, by region
5.8 Global Cellulite Reduction Devices Market
5.8.1 Global cellulite reduction devices market, by region
Chapter 6. Market Size and Forecast by Application
6.1 Global Beauty Devices Market in Salon
6.1.1 Global beauty devices market in salon, by region
6.2 Global Beauty Devices Market in Spa
6.2.1 Global beauty devices market in spa, by region
6.3 Global Beauty Devices Market at Home
6.3.1 Global beauty devices market at home, by region
Chapter 7. Global Beauty Devices Market, by Geography
7.1 North America Beauty Devices Market
7.1.1 North America beauty devices market, by type
7.1.2 North America beauty devices market, by application
7.1.3 North America beauty devices market, by country
7.1.3.1 U.S. beauty devices market
7.1.3.1.1 U.S. beauty devices market, by application
7.1.3.2 Canada beauty devices market
7.1.3.2.1 Canada beauty devices market, by application
7.2 Europe Beauty Devices Market
7.2.1 Europe beauty devices market, by type
7.2.2 Europe beauty devices market, by application
7.2.3 Europe beauty devices market, by country
7.2.3.1 Germany beauty devices market
7.2.3.1.1 Germany beauty devices market, by application
7.2.3.2 France beauty devices market
7.2.3.2.1 France beauty devices market, by application
7.2.3.3 Italy beauty devices market
7.2.3.3.1 Italy beauty devices market, by application
7.2.3.4 Spain beauty devices market
7.2.3.4.1 Spain beauty devices market, by application
7.2.3.5 U.K. beauty devices market
7.2.3.5.1 U.K. beauty devices market, by application
7.3 Asia Beauty Devices Market
7.3.1 Asia beauty devices market, by type of device
7.3.2 Asia beauty devices market, by application
7.3.3 Asia beauty devices market, by country
7.3.3.1 China beauty devices market
7.3.3.1.1 China beauty devices market, by application
7.3.3.2 Japan beauty devices market
7.3.3.2.1 Japan beauty devices market, by application
7.3.3.3 India beauty devices market
7.3.3.3.1 India beauty devices market, by application
7.4 Latin America (LATAM) Beauty Devices Market
7.4.1 LATAM beauty devices market, by type
7.4.2 LATAM beauty devices market, by application
7.4.3 LATAM beauty devices market, by country
7.4.3.1 Brazil beauty devices market
7.4.3.1.1 Brazil beauty devices market, by application
7.5 Rest of the World (RoW) Beauty Devices Market
7.5.1 RoW beauty devices market, by type of device
7.5.2 RoW beauty devices market, by application
Chapter 8. Competitive Analysis
8.1 Porter’s Five Forces of Competitive Position Analysis
8.1.1 Bargaining power of buyers
8.1.2 Bargaining power of suppliers
8.1.3 Threat of new entrants
8.1.4 Intensity of rivalry
8.1.5 Threat of substitutes
8.2 Competitive Positioning of Key Players in the Global Beauty Devices Market
8.3 Global Strategic Developments
8.3.1 Merger & acquisition
8.3.2 Partnership/collaboration
8.3.3 Product launch & approval
Chapter 9. Company Profiles and Strategic Developments
9.1 Key Company Profiles
9.1.1 L’Oreal SA
9.1.2 Business overview
9.1.3 Product and service offerings
9.1.4 Nu Skin Enterprises, Inc.
9.1.5 Business overview
9.1.6 Product and service offerings
9.2 Panasonic Corporation
9.2.1 Business overview
9.2.2 Products and services
9.3 Home Skinovations, Ltd.
9.3.1 Business overview
9.3.2 Products and services
9.4 Photomedex Inc.
9.4.1 Business overview
9.4.2 Product and service offerings
9.5 Carol Cole Company
9.5.1 Business overview
9.5.2 Products and services
9.6 Lumenis Ltd.
9.6.1 Business overview
9.6.2 Product and service offerings
9.7 The Proctor & Gamble Company
9.7.1 Business overview
9.7.2 Product and services offerings
9.8 Syneron Medical Ltd.
9.8.1 Business overview
9.8.2 Product and service offerings
9.9 TRIA Beauty, Inc.
9.9.1 Business overview
9.9.2 Products and services
9.10 Koninklijke Philips N.V.
9.10.1 Business overview
9.10.2 Products and services
Chapter 10. Appendix
10.1 List of Abbreviations

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