Beauty gadgets are used to address skin issues including acne and wrinkles. Furthermore, they are utilized to remove scars created by injuries. They are also used to treat hair-related issues such as hair loss, graying hair, and so on. These gadgets are the consequence of technological breakthroughs in skincare devices.
By the end of 2019, the worldwide Beauty devices market was valued at US$ 45,573.5 Mn.
The growing elderly population is a major element driving the growth of the beauty device industry. The loss of fibrous tissue is connected with aging. The skin layer began to shrink vascular and glandular networks, resulting in wrinkles, pigmentation, and skin drooping. According to the United Nations, one in every six persons in the globe would be over the age of 65 (16%) by 2050, up from one in every eleven in 2019. (9 percent ). As a result, the aging population is expected to fuel the expansion of the beauty gadget market.
The growing awareness of personal cleanliness is moving the beauty gadget industry forward. The growing urban together with the rising penetration of personal care products in emerg markets is likely to drive market expansion. Furthermore, the growing acceptance of such goods among customers due to their efficacy and advantages is expected to boost the market growth of beauty devices.
In 2019, North America dominated the worldwide beauty devices market, accounting for 51.8 percent of the total value, followed by the Asia Pacific and Europe, respectively.