Global Beauty Devices Market Forecast to 2030 - COVID-19 Impact and Analysis by Type (Hair Removal, Cleansing, Acne Treatment, Light-Emitting Diode ( LED), Hair Growth, Others); Usage Type (Salon, Spa, At-Home); and Geography
Global Beauty Devices Market Introduction
The key aspect driving the growth of the market are the rising appearance consciousness, increase in awareness about beauty devices, increasing prevalence of skin diseases, rising geriatric population, rising disposable income, and rising incidence of hormonal disorders. During the COVID-19 pandemic, lockdowns and partial factory closures negatively impacted manufacturing facilities globally. As COVID-19 continues to spread around the world, companies have taken drastic steps, such as plant closures, to contain the spread of the infection and ensure employees’ safety. Hence, due to the pandemic, the supply of beauty devices witnessed a decline in the short term (till the third quarter of 2020), thus leading to a negative impact on the market globally during the forecast period from 2021 to 2030.
Global Beauty Devices Market Overview
The global beauty devices market provides an in-depth analysis of segments and sub-segments, region, and country analysis of the overall growth prospects in the market. The report offers a complete overview of the industry, including both qualitative and quantitative information. The beauty devices market report covers a complete analysis and provides market size and forecast estimation from the year 2017 to 2030 based on various segments and sub-segments with respect to four major regions, including North America, Europe, Asia-Pacific (APAC), Latin America & Middle East and Africa (LAMEA). The research report highlights underlying factors such as the drivers, restraints, opportunities, and trends of the global beauty devices market over the long as well as short period of time. Furthermore, the global beauty devices market report offers PEST analysis, NOISE analysis, improvement Venn diagram, brand recall, perceptual mapping, ecosystem/value chain analysis, Porter’s five forces analysis, and investment pocket analysis with respect to the market. By examining the data collected from primary and secondary methods, the report offers actionable insights into future growth based on inputs from industry experts to help readers formulate effective strategies. This information can help stakeholders to make appropriate decisions before investing.
Global Beauty Devices Market Insights
The market study offers a complete overview of leading companies and their successful marketing strategies and market contribution, such as business overview, financial information, SWOT analysis, and key strategies, such as recent developments, market expansion, partnership, merger & acquisitions, product launch, product update, and other contexts. Players operating in the global beauty devices market mainly focus on the adoption of various strategies to expand their footprint across the world and take the initiative for the development of innovative, efficient, and advanced products.
Market mapping or perceptual mapping is the graphical representation of where a brand, product, or service stands among competitors. Market mapping analysis helps to understand the client how their customers perceive their product offering with their competitors for the intelligent irrigation system market. By identifying their current products and competitor products on the market map, the business can fill an identified gap to compete with the competition actively.
COVID-19 Impact on Global Beauty Devices Market
The COVID-19 pandemic has largely impacted globally since December 2019. According to the World Health Organization (WHO) report, the US, India, Russia, Brazil, Italy, France, Argentina, Spain, Colombia, the UK, Germany, and Mexico are some of the worst affected countries due to the COVID-19. The pandemic is hampering the growth of economies worldwide, and it is likely to continue in 2021. The outbreak disrupts various industries, such as manufacturing, construction, automotive, textiles, chemicals, cosmetics, tourism, hospitality, consumer goods, transportation, IT and telecom, pharmaceutical, and among others. This results in several obstacles in the supply chain of raw materials required for packaging, resulting in demand-supply gaps. This scenario is expected to have a large impact on the global intelligent irrigation system market.
With Corona Virus Disease 2019 (COVID-19) pandemic, the world is fighting against Covid-19 pandemic and also economic pandemic, almost impacting trillions of dollars of revenues. Our company brings a high-level insight as well as very deep insights relevant to several promising markets. The study will cover:
· Rapid shifts in top 100 companies across each sector
· Growth and decline in each sector due to the COVID-19 pandemic
Global Beauty Devices Market Segmentation
Global Beauty Devices Market– by Type
· Hair Removal,
· Cleansing, Acne Treatment
· Light-Emitting Diode ( LED)
· Hair Growth
· Oxygen/Facial Streaming
· Cellulite Reduction
Global Beauty Devices Market– by Usage
Global Beauty Devices Market– by Geography
· North America
o Rest of Europe
· Asia-Pacific (APAC)
o South Korea
o Rest of APAC
o Latin America
o Middle East
1. Candela Corporation
2. Carol Cole Company Inc
3. Home Skinovations Ltd
4. Koninklijke Philips N.V
5. L’Oréal SA
7. Lumenis Ltd
8. MTG Co. Ltd
9. Nu Skin Enterprises Inc.
10. Panasonic Corporation
11. TRIA Beauty Inc
12. YA-MAN LTD
13. Conair Corporation
14. Amorepacific Corporation
Brand awareness is the methodology by which customers are able to recall or recognize a brand (unaided/aided) under several different conditions with respect to the market. These strategies will help the company make people more aware of your brand, especially by targeting relevant, high-quality audiences for the beauty devices market.
Key Questions Answered
· Which region provides more business opportunities for the global beauty devices market in the upcoming years?
· Who is the leading overall beauty devices market, and what strategies have been adopted by them?
· Which segment accounted for the largest beauty devices market share?
· What are the upcoming trends in the global beauty devices market? What impact would these trends make in the coming years for the beauty devices market?
· Which player offering the best product range for the global beauty devices market?
Key Benefits for Stakeholders
· This study presents the analytical description of the beauty devices market analysis along with the current trends and future estimations to describe coming up investment pockets
· The complete beauty devices market opportunity is resolute by knowing profitable trends to gain a stronger foothold
· The report describes insights associated with key drivers, restraints, opportunities, and trends of the global beauty devices market with thorough impact analysis
· The global beauty devices market is quantitatively analyzed from 2017 to 2030 to focus on the monetary ability
· PEST analysis defines the potency of the consumers and suppliers in the global beauty devices markets
· Porter’s five forces analysis examines the five forces that make a competitive company while identifying its strength and weakness. The analysis will also identify competition, new entrants in the market, supplier power, buyer power, and threat of substitute products and services in the global beauty devices market
We offer customized reports as per the requirement of clients to fulfill special requirements. We also provide regional and country reports as well.