Skin Care Devices Market will increase in value by the end of 2031

skin care devices market

The skin care devices market is expected to reach US$18.53 billion by the end of 2021. The global skin care devices market is expected to reach US$18,533.2 million in 2021 and have a CAGR of 15.0% from 2021 to 2031. The present demand for gadgets in the beauty industry has been simplified by consumers’ need for “something more” and a series of technical developments that offer exquisite functions .

According to a recent analysis by Future Market Insights, this trend is growing because technologically enabled equipment and diagnostics are so well integrated. As a result, the skin care devices market will grow significantly over the next ten years.

The next big thing in the beauty industry is smart skincare technology. The wave of smart gadgets is filling retail shelves.Industry giant L’Oreal has developed a motorized skin treatment device that offers a range of cleansing and massaging options in response to voice instructions from the user , then providing intelligent audio feedback and guidance through a built-in speaker when in use. The device offers a range of functions including sensitive cleansing, deep cleansing, pore cleansing, facial massage, eye contour massage, makeup application and even skin rejuvenation or stimulation. skin.

Digital tools are becoming the bandwagon of the beauty and personal care industry. With the advent of the customization trend, home diagnostic devices and personalized beauty devices are gaining momentum. In the past, the product buying model was streamlined by consumer reviews, brand marketing and distribution model; however, today’s purchasing decisions are becoming more personal and consumer-centric, enabled by personalized beauty devices.

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Skincare devices are attracting a wider audience beyond regional borders, a fact capitalized on by industry leaders Proctor & Gamble Company and Clarisonic. L’Oreal is about to enter the personalized beauty device industry with the advent of PERSO, a smart device that creates personalized formulas for lipstick, foundation and skincare. . Le Teint Particulier formula, a patented product of Lancôme Paris, L’Oréal, is personalized based on your precise skin tone measurements using a proprietary algorithm that analyzes and then matches your exact skin tone.

Key Insights from Skin Care Devices Market Research

• IMF forecast skin care devices market to grow at 15% CAGR between 2021 and 2031
• Social media influence and increased spending on smart technology is driving sales in the United States, which also accounts for 83% of the North American market
• The UK will emerge as a very lucrative market posting double-digit year-on-year growth above 12% in 2021
• Germany and France will also continue to show growing demand for skincare devices
• The expansion of the beauty industry will support remarkable expansion in East Asia. China, South Korea and Japan expected to record double-digit growth

“Personalised, artificial intelligence (AI)-driven home beauty devices are the future of the beauty industry, delivering routine, high-tech personalized skin care and makeup,” says a IMF analyst.

Who wins?

Key Players of Skin Care Devices Market include Koninklijke Philips NV, Pure Daily Care, Shenzhen Mareal Technology Co., Ltd, L’Oreal SA (ModiFace), Nu Skin Enterprises, Panasonic Corporation, Syneron Medical Ltd., home skinovations ltd., TRIA Beauty Inc, Proctor & Gamble Company, PhotoMedex Inc., Carole Cole Company Inc., Lumenis, MTG Co. Ltd., DD Karma LLC and FOREO, among others.
Targeted and unique product offerings by market players are undertaken to gain competitive advantage. They use state-of-the-art technologies to deliver smart skin care solutions to consumers.

For instance:

• The FOREO Espada performs blue light therapy for acne by sending LED light energy into pores to attack acne-causing bacteria. A similar trend was observed with diagnostic devices.
• Sony has developed a device capable of analyzing the condition of the skin while being able to detect imperfections even before they appear on the skin.
• NuFace Trinity facial toning device uses micro-current technology to enhance cheeks, brows and jawline for up to 24 hours. The device helps reduce the appearance of wrinkles, improve facial contours and brighten skin tone.
In addition to this, the focus is on strategic links. For instance:
• The Unilever Group operates in the market through the French cosmetic brand ioma, a brand whose expertise lies in analyzing the condition of the skin and developing appropriate treatment devices to respond to the result.

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Skin Care Devices Market by Category

type of product

• Cleaning devices
• Anti-aging devices
• Improved skin texture complexion
• Acne treatment devices

Final user

• At home
• Salon & Spa

Price scale

• Economy
• Midrange
• Prime

Sales channel

• Direct sales
• Modern trade
• Department stores
• Specialty stores
• Online retailers
• Single-brand stores
• Other sales channel

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Middle East and Africa (MEA)
• Oceania

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Future Market Insights (ESOMAR certified market research organization and member of the Greater New York Chamber of Commerce) provides in-depth insights into the driving factors that increase demand in the market.

This press release was published on openPR.