What is At-Home Beauty Devices- Market?
At-Home Beauty Devices have made life easy after covid it has increased its consumption e-commerce sites are creating business opportunities for manufacturers and distributors of at-home beauty devices in the near future. Increase in Popularity and Sale of At-home beauty devices in various countries. Growing preference for skin protection is driving The growth.
Highlights from At-Home Beauty Devices- Market Study
|Unit||Value (USD Million)|
|Key Companies Profiled||Koninklijke Philips N.V. (Netherlands), Procter & Gamble (United States), L'Oréal S.A. (France), Tria Beauty (United States), HCP Wellness (India), YA-MAN (Japan), Cosmetify (India), FOREO (Sweden), ZIIP (Australia), ReFA (Japan), LightStim (United States), Clarion Cosmetics (India), Scoty Beauty (Indai) and MORMED GROUP (Turkey|
The companies operating in this industry are focusing on efficient growth, improvement of operational efficiency and productivity, and focus on maintaining sustainable development. The players are focusing on securing a leading position in this industry. They are continuously looking for the opportunity to reinforce their competitive advantage. To meet high market share, and develop socially responsible business companies are identifying various strategic pillars such as mergers & acquisitions, product enhancements Koninklijke Philips N.V. (Netherlands), Procter & Gamble (United States), L'Oréal S.A. (France), Tria Beauty (United States), HCP Wellness (India), YA-MAN (Japan), Cosmetify (India), FOREO (Sweden), ZIIP (Australia), ReFA (Japan), LightStim (United States), Clarion Cosmetics (India), Scoty Beauty (Indai) and MORMED GROUP (Turkey are some of the key players profiled in the study.
At-Home Beauty Devices- Market Segmentation:
|Type||Light Therapy Devices, Microcurrent Devices, Microdermabrasion Devices, Dermaplaning Devices and Others|
On the basis of geography, the market of At-Home Beauty Devices- has been segmented into . Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:Increase in trend of selling at-home beauty devices through online modes and Increasing Appearance Consciousness and Awareness about At-Home Beauty Devices
Market Growth Drivers:Increase in Popularity and Sale of At-home Beauty Devices in Various Countries and Growing Preference for Skin Protection is Driving The Growth
Challenges:Challenge of launching Budget-friendly Product by key players
Restraints:Flection In Supply Chain in of At Home Beauty Devices in Lockdown Can Hamper the Growth
Opportunities:New Product Advancements By the Key Players and Rising Awareness About at-home Beauty Devices in Emerging Economies Countries in the Asia Pacific Region
Key Target AudienceAt-Home Beauty Devices Manufacture, At-Home Beauty Devices Supplier, Regulatory Bodies, Potential Investors, New Entrants, Research and Development Institutes and Others
Market Leaders & Development StrategiesOn 1st Feb 2021, L’Oréal has finalised the acquisition of Takami Co. Cyril Chapuy, President L’Oréal Luxe, said: We are very pleased to welcome Takami’s employees to L’Oréal Luxe, and are looking forward to combining our expertise to grow the brand further. As the world’s leading Beauty Company, L’Oréal is present across all distribution networks: mass market, department stores, pharmacies and drugstores, hair salons, travel retail, branded retail and e-commerce.
On 7th September 2020, Procter and Gamble Launches Opte Device. Opte is a precision skincare and makeup device which reduces (or eradicates) the need for products designed to even out complexion. The Opte is the first of its kind, a personalized handheld inkjet printer to instantly make the appearance of skin’s hyperpigmentation disappear and fade spots over time.