Consumer & Luxury Goods Market Research News

Beauty device market worth $79 billion by 2022 just published

Consumer Market Research

Beauty Device Market (Type of Device: Hair Removal Device, Cleansing Device, Acne Device, Light/LED Therapy And Photorejuvenation (LT&P) Devices, Oxygen & Steamer Devices, Hair Growth Devices, Skin Dermal Rollers, Cellulite Reduction Devices, Others; Application: Salon, Spa, At Home) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2012 – 2022

India, Pune, Dec.18, 2017 (GLOBE NEWSWIRE) – Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled Beauty Device Market Make an Inquiry about this news – Global Industry Analysis, Market Size, Opportunities and Forecast, 2012 – 2022”, estimates that the global market for beauty devices is expected to reach the market value of over $79 billion by 2022 and it is expected to grow at a CAGR of around 19% during 2016 – 2022. Owing to the rising geriatric populace, expanding incidences of skin disorders and high disposable income are the main considerations driving the development of beauty devices market, globally.

Introduction of innovative products, increasing utilization of electronic beauty devices and rising inclination of consumers towards easy to use at home beauty devices are some of the major opportunities for this market growth.

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Increasing Geriatric Population to Have High Impact on Beauty Devices Market

Globally, aging population plays a major role in the growth of beauty devices market.