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Asia Pacific Beauty Devices Market
No. of Pages: 150 | Report Code: TIPRE00010172 | Category: Life Sciences
No. of Pages: 150 | Report Code: TIPRE00010172 | Category: Life Sciences
Asia Pacific beauty devices market is expected to reach US$ 15,260.14 Mn in 2027 from US$ 5,366.31 Mn in 2019. The market is estimated to grow with a CAGR of 14.3% from 2019-2027.
The growth of the Beauty Devices Market is driven by factors such as the changing consumer psyche towards beauty and wellness with rising geriatric population, and increasing prevalence of skin and hair problems in the Asia Pacific region. Whereas, undesirable side effects of beauty devices and availability cheaper beauty products likely to have a negative impact on the growth of the market in the coming years.
Beauty devices are made and sold for the purpose of enhancing the physical attractiveness of users. These devices come in handy and are very useful for the cosmetic usage area including skin related issues, such as acne, wrinkles and scars usage areas among others.
Beginning from skin issues to hair problems, these beauty devices promise to provide the same service as one would get from any aesthetic treatment. Widespread awareness about beauty devices and services, increasing prevalence of skin and hair problems along with rapid technological advancement are the driving factors of the market. Age-related skin issues, such as pigmentation, wrinkles, creases, and acne, as well as burn scars due to accidents are extremely common among masses. Various other elements due to which hair and skin diseases are generated include tobacco use, environmental pollution, ultraviolet radiation, and excessive alcohol consumption. Several incidences of skin diseases are also evolving owing to infections caused by viruses, bacteria, and fungi.
The prevalence of skin disease in India is 10 to 12 percent of the total population with Eczema and Psoriasis being the major contributors. In 2013, with prevalence rate of 10 percent, the population affected across India from skin disease is estimated at nearly 15.1 crore. Moreover, one in 10 people develop atopic dermatitis during their lifetime, and it affects up to 25% of children and 2–3% of adults. Furthermore, over a quarter (28%) of women under 25 even admit that they regularly worry about their signs of aging, and this number has increased to 42% for those aged 25–34 and 54% for those aged 35–44.
Increasing work hours and changing lifestyle have contributed to rising levels of stress, resulting in several issues on outward appearance, especially on the skin and hair with fastening of the aging process of skin and increase in hair related issues. Also, the increasing level of pollution shows detrimental effects on an individual’s physical appearance. These issues can be controlled with the use of derma roller and blue light devices for acne. Customers have continued to show keen interest in experiencing beauty and wellness services to rejuvenate their skin. Thus, international grooming products and services at home have gained popularity to a great extent.
The increasing use of beauty devices in Asia Pacific is expected to drive beauty devices market the growing medical devices industry in the country create a lucrative opportunity and the presence of an established market for beauty devices.
Japan Beauty Devices Market Revenue and Forecasts to 2027 (US$ Bn)
Strategic insights for the Asia Pacific Beauty Devices provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 5,366.31 Million |
Market Size by 2027 | US$ 15,260.14 Million |
Global CAGR (2019 - 2027) | 14.3% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Type
|
Regions and Countries Covered | Asia-Pacific
|
Market leaders and key company profiles |
|
The geographic scope of the Asia Pacific Beauty Devices refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
ASIA PACIFIC BEAUTY DEVICES– MARKET SEGMENTATION
Asia Pacific Beauty Devices Market - By Device Type
Asia Pacific Beauty Devices Market - By Usage Area
Asia Pacific Beauty Devices Market - By Distribution Channel
Asia Pacific Beauty Devices Market - By Country
Companies Mentioned
The List of Companies - Asia Pacific Beauty Devices Market
The Asia Pacific Beauty Devices Market is valued at US$ 5,366.31 Million in 2019, it is projected to reach US$ 15,260.14 Million by 2027.
As per our report Asia Pacific Beauty Devices Market, the market size is valued at US$ 5,366.31 Million in 2019, projecting it to reach US$ 15,260.14 Million by 2027. This translates to a CAGR of approximately 14.3% during the forecast period.
The Asia Pacific Beauty Devices Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Beauty Devices Market report:
The Asia Pacific Beauty Devices Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Beauty Devices Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Beauty Devices Market value chain can benefit from the information contained in a comprehensive market report.