Latest
industry research report on: Beauty Devices in the US Market :
Industry Size, Share, Research, Reviews, Analysis, Strategies,
Demand, Growth, Segmentation, Parameters, Forecasts
The report on beauty
devices market
in the US, compiled by Persistence Market Research, focuses on the
importance of such products for nurturing the skin of consumers. In
order to have a striking appearance, consumers in the US continue to
purchase beauty devices and cosmetically enhance their skin according
to their desires. Since skin is among the most complex organs of the
body, protecting it and augmenting its composition for the good urges
the US consumers towards beauty devices. While several healthcare
products facilitate the safeguarding the derma from bacterial or
viral infection, UV ray exposure, and irregular fluctuation in
temperatures, personal care products such as beauty devices tend
towards the needs of consumers such as reducing the aging
transformation or developing better skin for professional purposes.
Coupled with proactive and healthy lifestyle, associative medication,
and alternative diets, beauty devices continue to dominate the
shopping lists of several consumers in the US.
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The
report on the US beauty devices market includes a regional forecast
that specifies why North America endures a significant share of the
global beauty devices market. Aging population, technological
advancements, successful trials and guaranteed results, continue to
urge consumers in the US towards opting beauty devices such as
anti-aging therapies and hair removal apparatus. While North America
continues to dominate the global market for beauty devices, the US is
slated to retain its position as the largest beauty devices market in
North America. On the other hand, Canada’s geriatric population is
increasingly aware about applications of such devices, making it a
close competition for the US.
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Factors governing the growth of the US beauty devices market are
elucidated in the report. The section mentions how rising prevalence
of skin diseases, exposure to harmful/toxic particulates and
substances, and increasing occurrences of obesity impact the growth
of beauty devices market in the US. The geriatric population in US is
also a viable consumer base for such devices, while rising
concentration of cellulite in obese consumers is driving the demand
for specific set of beauty and cosmetic devices. Dissimilarly, the
growth of the market is impeded due to implications caused by
extensive or inappropriate use of such beauty devices, and prevalence
of cosmetics-related disorders such as contact dermatitis,
superficial fungal and bacterial infections, and prolong erythema,
among others. Growing availability of ready-to-use beauty products
are threatening the adoption of beauty devices and equipment in the
US. Hence, newer opportunities are being encompassed in the growth of
US beauty devices market as manufacturers of such devices continue to
annex their product portfolio with innovative skincare solutions.
The report is devised with an in-depth analysis and market value
estimation of the US beauty devices market for the period of
2014-2020, with 2013 as the base year for calculation. Market
drivers, restraints, recent developments, trends, opportunities,
absolute $ increment, and other aspects are indexed in the report.
The beauty devices market in the US is also segmented on the basis of
types of devices such as cleansing, hair growth, hair removal,
steamer, rejuvenation, derma roller, cellulite reducer, among others.
The market is also fragmented into area of usage of beauty devices
such as at home, salon, spa and others.
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Research Methodology
To deduce the US beauty devices
market size, the report considers various aspects based on secondary
research. Furthermore, key data points such as region-wise split and
market split by type of beauty devices and the usage area of these
beauty devices; and qualitative inputs from primary respondents have
been incorporated to arrive at appropriate market estimates. The
forecast presented in the report assesses the total revenue generated
and expected revenue contribution in the US beauty devices market.
The report begins with sizing
the market in terms of value and volume for the base year, which
forms the basis for forecasting how the market is anticipated to take
shape in the near future. Given the characteristics of the market,
gathered data is triangulated via different analysis based on supply
side and demand side drivers and other key dynamics of the US beauty
devices market. To develop the market forecast, Persistence Market
Research has also conducted a factor analysis to understand the
impact of various forces/factors on the target market. The report
provides forecasts not only in terms of CAGR but also presents a
detailed analysis based on key parameters such as Year-on-Year
(Y-o-Y) growth to understand market predictability and to identify
the right opportunities.
Another key feature of this
report is an analysis of the US beauty devices market and the
corresponding revenue forecast in terms of absolute dollar
opportunity, usually overlooked while forecasting the market.
However, absolute dollar opportunity is critical in assessing the
level of opportunity that a provider can look to achieve, as well as
to identify potential resources from a sales perspective in the US
beauty devices market. Further, to understand key segments in terms
of their growth and overall US beauty devices market performance,
Persistence Market Research has developed a market attractiveness
index to help providers identify existing market opportunities in the
US beauty devices market.
Some of the major players in
the U.S. beauty devices market:
- L’Oréal Group.
- Nu Skin Enterprises, Inc.
- Home Skinovations Ltd.
- PhotoMedex, Inc.
- TRIA Beauty, Inc.
- Koninklijke Philips N.V.
- Syneron Medical, Ltd.
- Cynosure, Inc.
- Procter & Gamble Company.
- Other.
These key market players have
been profiled on the basis of attributes such as company overview,
recent developments, growth strategies, sustainability, and financial
overview.
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