Global Consumer Skin Care Devices Market Research Report 2023(Status and Outlook)
Report Overview
Skin is an outer covering of the human or animal body. Skin is by-far the largest organ in the integumentary system and is helpful in many aspects such as protecting us from many harmful elements including microorganisms, enabling heat sensations, cold and touch sensations, and also in regulating our body temperatures. Skin care devices are devices that are used by individuals and professionals for treatment of various skin issues and also to help cover imperfections on the skin.
Rising adoption of skin care devices owing to their extensive role in aesthetics as well as increasing incidences of skin disorders across the globe are key factors driving growth of the global Consumer Skin Care Devices market. In addition, at-home skincare products hold largest market share, owing to rising demand from toning, anti-aging, and other skincare devices. Additionally, manufacturing of cost-effective, and technologically advanced devices, increasing adoption of minimally invasive and non-invasive treatments, ultrasonic treatments, and increasing awareness about new technologies in skin care industry are major factors fueling growth of the global Consumer Skin Care Devices market over the forecast period. Moreover, changing consumer lifestyles, and ability to spend on treatments such as liposuction, lasabrasion, and microdermabrasion are expected to boost demand for Consumer Skin Care Devices over the forecast period.
However, high cost of certain skin care devices is a key factor restraining growth of global Consumer Skin Care Devices market. Additionally, increasing incidence of side effects by use of specialized devices for skin care is a major factor expected to hamper growth of the global skin care devices market over the forecast period.
Additionally, increasing incidence of skin cancer and various skin disorders such as dermatitis, acne, psoriasis, skin warts, moles, and lesions is rising demand for innovative and technologically advanced skin care devices which in-turn is expected to provide numerous opportunities for major players in the market to expand their presence.
The leading manufactures are Procter & Gamble, Philips, Panasonic, Nu Skin Enterprises, Conair, MTG, Hitachi, etc. Procter & Gamble is the largest manufacturer, with its revenue share exceeding 5.6%, followed by Philips (4.32%) and Panasonic (2.61%).
There are mainly four types of Consumer Skin Care Devices market: Facial Care Devices, Skin Care Devices, Treatment Devices and Wearable Skin Care Devices. Facial Care Devices have the largest share (41.16%).
The North America held the largest share in the global market, with its revenue share exceeding 37.4%, followed by Asia-Pacific (26.69%) and Europe (26.28%).
The Global Consumer Skin Care Devices Market Size was estimated at USD 35420.00 million in 2022 and is projected to reach USD 123260.49 million by 2029, exhibiting a CAGR of 19.50% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Consumer Skin Care Devices market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Consumer Skin Care Devices Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Consumer Skin Care Devices market in any manner.
Global Consumer Skin Care Devices Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Procter & Gamble
Philips
Panasonic
Spectrum Brands
Nu Skin Enterprises
Hitachi
Conair
FOREO
Home Skinovations
YA-MAN
MTG
Carol Cole (NuFace)
KAKUSAN
Kingdom
Quasar MD
Tria
Market Segmentation (by Type)
Facial Care Devices
Skin Care Devices
Treatment Devices
Wearable Skincare
Market Segmentation (by Application)
Research Institution
Pharmaceutical Industry
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Consumer Skin Care Devices Market
Overview of the regional outlook of the Consumer Skin Care Devices Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors