Printed Electronics Market
Growth Factors of Printed Electronics Market
The Printed Electronics Market size was valued at USD 142.9 million in 2023, and the market is now projected to grow from USD 152.4 million in 2024 to USD 277.8 million by 2032, exhibiting a CAGR of 7.8% during the forecast period of 2024-2032.
The COVID-19 pandemic substantially disrupted the eternal make-up marketplace, causing a decline in demand as lockdowns and social distancing measures confined in-person beauty services. Many clinics and salons had been compelled to close briefly, major to a sharp drop in income. However, the market regularly recovered as rules eased, with a renewed consciousness on hygiene and protection protocols. Additionally, the pandemic prolonged the adoption of on-line consultations and schooling for everlasting make-up artists, helping the enterprise adapt to the new ordinary and regain its footing inside the placed up-pandemic era.
The permanent make-up marketplace is witnessing several emerging trends, including the upward push of microblading and nano-needling strategies, which provide greater particular and herbal-searching results. There is also a developing hobby in semi-permanent makeup solutions that allow for diffused enhancements without the prolonged-term willpower. Additionally, green and vegan pigments are gaining recognition as customers end up greater conscious of the substances applied in beauty products. The integration of era, inclusive of virtual mapping and AI-assisted methods, is also revolutionizing the industry, permitting artists to collect higher symmetry and customized consequences for customers.
Several factors force the boom of the eternal makeup market, along with the developing name for for cosmetic upgrades that offer lengthy-lasting consequences. The developing popularity of beauty and aesthetic strategies, coupled with a growing preference for non-invasive treatments, is fueling market boom. Additionally, improvements in techniques and pigments have superior the safety and pleasant of everlasting makeup, attracting extra clients. The comfort of now not needing day by day makeup application and the preference for a sophisticated, herbal look are also key motivators for customers in search of everlasting make-up solutions.
Comprehensive Analysis of Printed Electronics Market
The Printed Electronics Market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by product type, by technique, by body parts, by end user. By Product Type include Devices, Pigments, Accessories. By Technique include Microblading, Micropigmentation. By Body Parts include Eyebrows, Lips, Eyelashes/Eyeliners ,Others. By End-user include Specialty Clinics, Spas & Cosmetic Surgery Centers, Cosmetic/Beauty Salons, Others.
The Europe region lead the Printed Electronics Market share by benefitting a market size of USD 103.5 billion. The regional market’s dominance is attributed to the increasing demand for aesthetic procedures.
The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.
January 2024 – Swiss Color announced that it's going to attend the Cosmoprof Worldwide Bologna convention and will be gift at Color Booth G60/Hall 30. This participation will assist the company show off its permanent make-up merchandise and promote its logo.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 7.8% from 2024-2032
Unit Value (USD million)
Segmentation By Product Type
- Devices
- Pigments
- Microblading
- Micropigmentation
Accessories
By Technique
- Microblading
- Micropigmentation
By Body Parts
- Eyebrows
- Lips
- Eyelashes/Eyeliners
- Others
By End-user
- Specialty Clinics
- Spas & Cosmetic Surgery Centers
- Cosmetic/Beauty Salons
- Others
By Region
- North America (by Product Type, by Technique, by Body Parts, by End-user, and by Country)
- U.S.
- Canada
Europe (by Product Type, by Technique, by Body Parts, by End-user, and by Country/Sub-region)
- U.K.
- Germany
- France
- Spain
- Italy
- Scandinavia
- Rest of Europe
Asia Pacific (by Product Type, by Technique, by Body Parts, by End-user, and by Country/Sub-region)
- Japan
- China
- Australia
- India
- Southeast Asia
- Rest of Asia Pacific
Latin America (by Product Type, by Technique, by Body Parts, by End-user, and by Country/Sub-region)
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa (by Product Type, by Technique, by Body Parts, by End-user, and by Country/Sub-region)
- South Africa
- GCC
- Rest of Middle East & Africa
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