The Home-Use Beauty Devices Market is experiencing growth and is projected to hit USD 89,535.1 million by 2030, according to a research report by a market research company P&S Intelligence.
The market is boosted by the increasing awareness regarding appearance, rising frequency of skin diseases, growing elderly populace, and snowballing awareness of beauty devices.
Based on technology, the laser/light category had the largest market share in the past. The high acceptance of laser technology is mainly because of its capability to reduce the redness and irritation related to skin conditions, including rosacea and acne by aiming specific parts of the skin, while not impacting other areas.
The introduction of new and advanced beauty items in the past few years has altered the scenario of the home-use beauty devices industry by enabling the public to cure skin illnesses, advance skin texture, and reduces the signs of aging. Beauty product businesses are constantly emerging with better and more innovative products in response to the customer demand for cutting-edge skincare and haircare solutions.
The rising elderly populace plays a vital role in the development of the home-use beauty devices market. In the skin layers, aging causes the damage of fibrous tissues and a decreased glandular and vascular network, which causes dryness, wrinkles, pigmentary changes, and skin sagging. Anti-aging products, which support rejuvenating and tightening the skin, are being utilized in a large number to cure such skin difficulties in the aging population.
Moreover, countries such as Vietnam, India, China, Indonesia, and Thailand are providing abundant growth opportunities to the key players, basically due to their growing millennial populace. Also, the need for multifunctional items is increasing as cost-conscious customers are selecting products that provide multiple features.
Hence, the increasing appearance awareness and rising frequency of skin diseases, are the major factors that will drive the home-use beauty devices industry all over the world in the future as well.