The
global household beauty appliances market size is
expected to reach USD 8.86 billion by 2025 registering a CAGR of 5.3%,
according to a new report by Grand View Research, Inc. Growing demand for
advanced beauty appliances is anticipated to be the major driving factor for
the market. Rising awareness about the benefits of using beauty appliances for
the treatment of various skin and hair related problem is also expected to
boost the product demand. The haircare segment accounts for the major market
share on account of increasing cases of hair problems, such as frizzy and dry
hair. Facial care is anticipated to be the fastest-growing segment due to
growing awareness about facial care.
Moreover,
companies such as, Philips, and L’Oreal, are coming up with innovative
products, which is contributing to the segment development. For instance, in
January 2019, L’Oreal SA launched the first wearable microfluidic device, which
tracks the skin’s pH level and provides facial cleansing recommendation on
smartphones. Thus, replacement of conventional medicines for skin treatment
with technically advanced beauty care appliances contributes significantly in
escalating the segment growth. The global market is marked by the presence of
major companies including Koninklijke Philips N.V.; Home Skinovation; Conair
Corp.; TRIA Beauty, Inc.; Vega; Syska; Panasonic Corp.; Carol Cole Company;
Croma; and L’Oreal SA.
For full research report on Household
Beauty Appliances Market visit here: https://www.grandviewresearch.com/industry-analysis/household-beauty-appliances-market
Further key
findings from the study suggest:
- Facial care segment
is anticipated to register the fastest CAGR of 5.8% over the forecast
period owing to rising awareness about the benefits of using facial care
devices
- Haircare led the
global market with an overall market share of 37.7% in 2018 due to
extensive use of haircare appliances, such as, hair dryer, roller, and
straightener
- Supermarkets/hypermarkets
distribution channel segment the overall distribution channel of the globe
with a market in 2018 on account of the availability of wide range of
products in supermarkets/hypermarkets
- North America was
the leading regional household beauty appliances market in 2018 and will
expand further at a steady CAGR over the forecast period
- The industry is
highly competitive and some of the key companies include Koninklijke
Philips N.V.; Home Skinovation; Conair Corp.; TRIA Beauty, Inc.; lluminage
Beauty, Inc.; Spectrum Brands Holdings, Inc.; Panasonic Corp.; Carol Cole
Company; Syneron Medical; and L’Oreal SA
Get request sample of this report here: https://www.grandviewresearch.com/industry-analysis/household-beauty-appliances-market/request/rs1
Grand
View Research has segmented the global household beauty appliances market on
the basis of product, distribution channel, and region:
Household
Beauty Appliances Product Outlook (Revenue, USD Million, 2015 - 2025)
- Haircare
- Facial Care
- Body Care
- Others
Household
Beauty Appliances Distribution Channel Outlook (Revenue, USD Million, 2015
- 2025)
- Supermarket/Hypermarket
- Convenience Stores
- Online
Household
Beauty Appliances Regional Outlook (Revenue, USD Million, 2015 - 2025)
- North America
- U.S.
- Europe
- Germany
- U.K.
- Asia Pacific
- India
- China
- Central & South
America
- Brazil
- Middle East &
Africa
- South Africa
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
No comments:
Post a Comment