Global Home-Use Beauty Devices Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Home-Use Beauty Devices Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Home-Use Beauty Devices are suitable for daily facial care, which has multiple functions such as whitening, skin rejuvenation, freckle removal, wrinkle removal, and hair removal. Home-Use Beauty Devices are devices that can perform skin cleansing, skin lifting, skin tone improvement and similar care on human skin and body.

Market Overview:

The latest research study on the global Home-Use Beauty Devices market finds that the global Home-Use Beauty Devices market reached a value of USD 6071.28 million in 2022. It’s expected that the market will achieve USD 14746.18 million by 2028, exhibiting a CAGR of 15.94% during the forecast period.

Improvement of People's Living Standards Drives the Market Development of Home-Use Beauty Devices

With the increase of people's income, people's demand for a better life is increasing day by day, and the types of consumption are gradually expanding from limited necessities to a variety of optional products. As a non-essential product, beauty products also benefit from this wave of consumption upgrades. Women's eternal pursuit of beauty and women's economic independence provide a strong consumption base for beauty products. In the wave of investing in quality life, more and more women are beginning to invest in their own external image, and skin care products can no longer meet their beauty needs. Under this background, Home-Use Beauty Devices that can be used at home won the favor of women. In recent years, due to the impact of COVID-19, the time spent by consumer groups at home has been continuously extended, which has also created enough usage scenarios for Home-Use Beauty Devices.
In addition, with the improvement of living standards and consumption power, the right to beauty and skin care is not only exclusive to women. Men also have skin care needs and willingness to consume. Men's Home-Use Beauty Devices also have market potential.

Fully meet the needs of consumers

Home-Use Beauty Devices are cost-effective, easy to use, and full-featured. Home-Use Beauty Devices are quite cost-effective compared to professional beauty institutions in terms of price. Consumers do not need to take time to go to designated locations, saving appointments and diagnosis and treatment links, saving both money and time. And it can be used for a long time, easy to operate, skin care, firming, hydrating, whitening, massage, skin tone brightening, wrinkle repair at home, skin care mode can be turned on anytime, anywhere. Therefore, these product advantages of Home-Use Beauty Devices fully meet the needs of consumers, which is driving the growth of the industry.

Aging population and rising incidence of skin diseases drive market growth

Over time, age has a dramatic effect on appearance, manifested in stretch marks, fine lines, wrinkles, sagging skin, pigment changes and dryness. At the same time, with the improvement of people's living standards and rich material conditions, people pay more and more attention to their external image, and more and more middle-aged and elderly people buy Home-Use Beauty Devices. According to the World Bank, with the development of economy and medical care, the size and proportion of the elderly population in all countries of the world are increasing. By 2030, one in six people in the world will be over the age of 60.
In addition, the prevalence of skin diseases is on the rise, and the skin is more prone to health-related problems than ever before: pollution, exposure to UV radiation, and hormonal issues can all affect the health and appearance of the skin. According to the American Academy of Dermatology, one in four Americans is affected by skin diseases. More and more people are suffering from photoaging, acne, hypopigmentation, hyperpigmentation, psoriasis, deep wrinkles, freckles, atopic dermatitis and melasma. Dermatological diseases that damage the skin and appearance, many of which can be treated or managed with the aid of beauty devices, are driving the growth of the home-use beauty devices market.

Region Overview:

In 2021, the share of the Home-Use Beauty Devices market in United States stood at 32.68%.

Company Overview

Philips is one of the major players operating in the Home-Use Beauty Devices market, holding a share of 5.70% in 2022.

Philips is a leading health technology company focused on improving people's health and enabling better outcomes across the wellness continuum, from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. The company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, and consumer health and home care.

Panasonic is a global leader in developing various electronic technologies and solutions for customers in consumer electronics, residential, automotive and B2B businesses. As one of the world's largest manufacturers in the late 20th century, Panasonic provided a wide range of products and services, including rechargeable batteries, automotive and avionics systems, industrial systems, and home improvement and construction.

TRIA Beauty Inc. was born in 2003 with the goal of transforming a professional laser machine into a hand-held, easy-to-use laser machine with permanent results, and successfully launched a hair removal laser machine in Japan in 2005. It later entered the U.S. market after receiving FDA approval in 2008. With a multi-action platform based on delivering clinical results, TRIA Beauty Inc. offers products for a variety of skin concerns, from permanent hair removal to acne and skin rejuvenation.

Segmentation Overview:

By type, Skin Rejuvenation segment accounted for the largest share of market in 2021.

Hair Removal

Now more and more beauty salons and hospitals provide professional hair removal services. Home hair removal devices can be said to be the convenient version of medical hair removal devices.

Cleansing

Cleansing is a more commonly used beauty instrument, which can clean the skin, and can also relax, firm, plump the skin and remove wrinkles.

Acne Treatment

The acne treatment device is based on the principle of light sterilization, which can effectively remove acne and acne. External laser therapy will not leave scars and pigmentation, and can repair the skin and functionally shrink pores.

Skin Rejuvenation

The main effect of the skin rejuvenation beauty instrument is to firm and delicate the skin. There are more than one home beauty instruments that can refine the skin. Microcurrent, radio frequency, LED light and other types of beauty instruments all have certain skin rejuvenation effects, but different types of effects The principle is different.

Oxygen/Facial Steaming

The basic principle of oxygen/facial steaming is to convert water into nano-scale higher temperature mist particles through scientific and technological means, promote blood circulation and open skin pores. Plus, facial steam provides intense hydration.

Hair Growth

Devices for hair growth can treat hair loss, receding hairline, baldness, thinning hair. For example, laser hair growth instruments.

Dermarolling

Dermarolling is a form of microneedling. The procedure involves rolling a tiny wheel with hundreds of thin needles across the face, gently puncturing the skin.

Cellulite Reduction

A device that improves skin elasticity and smoothes skin texture to reduce cellulite.

Application Overview:

The market's largest segment by application is the segment Specialty Stores, with a market share of 48.49% in 2021.

Key Companies in the global Home-Use Beauty Devices market covered in Chapter 3:

Project E Beauty
MTG Co., Ltd.
NuFACE
NanoTime Beauty
Panasonic
TRIA Beauty Inc.
Philips
Ulike
YA-MAN
Nu Skin Enterprises Inc.
Conair Corporation
Pollogen

In Chapter 4 and Chapter 14.2, on the basis of types, the Home-Use Beauty Devices market from 2018 to 2029 is primarily split into:

Hair Removal
Cleansing
Acne Treatment
Skin Rejuvenation
Oxygen/Facial Steaming
Hair Growth
Dermarolling
Cellulite Reduction

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Home-Use Beauty Devices market from 2018 to 2029 covers:

Specialty Stores
Online Channels
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)