What is the global market size of Beauty Tech Market?

Global Beauty Tech market was valued at USD 52.23 billion in 2021, and the market size is estimated to reach USD 225.45 billion by 2028, at a CAGR of 19% over the forecast period (2022–2028). Read More

Who are the key vendors in the Global Beauty Tech Market?

The Global Beauty Tech market research report will provide valuable insight into the global market, with an emphasis on some of the major players such as L'Oréal SA, Panasonic Corporation, Home Skinovations Ltd, Photomedax Inc., Carol Cole Company, Lumenis Ltd., The Proctor & Gamble Company, Syneron Medical, TRIA Beauty, Inc., and Koninklijke Philips N.V.'Nu Skin (US)','Candela Corporation (US)','Silkn (US)','Tria Beauty (US)','Curallux LLC. (US)','Termosalud (Spain)','Foreo (Sweden)','Tech4beauty (Germany)','Koninklijke Philips N.V. (Netherlands)','Conair Corporation (US)','Lumenis (Israel)','Cynosure (US)','Sciton Inc. (US)','Fotona (Slovenia)','Procter & Gamble (US)','Colgate-Palmolive Company (US)','Lutronic (South Korea)','Strata Skin Sciences (US)','Nuface (US)','Spectrum Brands Inc. (US)','Cutera (US)','Merz North America Inc. (US)','El. En. S.P.A. (Italy)','Ya-Man Ltd. (Japan)','Panasonic Corporation (Japan)','Alma Lasers (Israel)','Bausch Health Companies Inc. (Canada)' Read More

What is the key driver of Global Beauty Tech Market?

Rise in the Geriatric Population Read More

Global Beauty Tech Market Size, Share, Growth Analysis, By Type(Acne Devices, Hair Removal Devices), By Application(Salon, Spa), By Portability(Pocket-Sized/Handheld Device, Fixed), By Mode of Operation(Electric, Battery), By Distribution Channel(Direct Sales, Retail) - Industry Forecast 2024-2031

Report ID: SQMIG30L2058 | Region: Global | Published Date: April, 2024
Pages: 165 | Tables: 150 | Figures: 82

Global Beauty Tech Market Competitive Landscape

Beauty Tech Market Top Players Company Profiles

L'Oreal
Estee Lauder
Coty Inc.
Shiseido
Johnson & Johnson
Procter & Gamble
Unilever
Avon Products
Revlon
AmorePacific
Colgate-Palmolive
Kao Corporation
Henkel AG & Co. KGaA
Beiersdorf AG
The Body Shop International Limited
Ulta Beauty
Sephora
Glossier Inc.
Cotarde
Foreo

Beauty Tech Market Recent Development

In July 2022, PROVEN, the expert in personalized skincare, announced its international expansion into the European Union and the United Kingdom.
In November 2021, Perfect Corp. the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, partnered with No7, to launch its first-ever virtual try-on foundation matching diagnostic solution, powered by Perfect Corp.’s AI Foundation Shade Finder Technology.
In January 2021, Nu Skin Enterprises Inc. introduced the ageLOC Boost device, which combines microcurrent waveforms with variable pulse technology to produce significantly brighter, plumper, and more bouncy skin.
In July 2020, Potomac Equity Partners announced the acquisition of Laser MD Medspa which is a brand that specializes in hair removal services. This acquisition is expected to boost Laser MD Medspa growth opportunities and brand recognition.

Global Beauty Tech Market Report Snapshots

License Type Top market research company in USA

File Type

$5,300

BUY NOW GET FREE SAMPLE

Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Beauty Tech Market size was valued at USD 52.23 billion in 2019 and is poised to grow from USD 62.12 billion in 2023 to USD 189.15 billion by 2031, growing at a CAGR of 19% in the forecast period (2024-2031).

The Global Beauty Tech market research report will provide valuable insight into the global market, with an emphasis on some of the major players such as L'Oréal SA, Panasonic Corporation, Home Skinovations Ltd, Photomedax Inc., Carol Cole Company, Lumenis Ltd., The Proctor & Gamble Company, Syneron Medical, TRIA Beauty, Inc., and Koninklijke Philips N.V. 'L'Oreal', 'Estee Lauder', 'Coty Inc.', 'Shiseido', 'Johnson & Johnson', 'Procter & Gamble', 'Unilever', 'Avon Products', 'Revlon', 'AmorePacific', 'Colgate-Palmolive', 'Kao Corporation', 'Henkel AG & Co. KGaA', 'Beiersdorf AG', 'The Body Shop International Limited', 'Ulta Beauty', 'Sephora', 'Glossier Inc.', 'Cotarde', 'Foreo', 'In July 2022, PROVEN, the expert in personalized skincare, announced its international expansion into the European Union and the United Kingdom.', 'In November 2021, Perfect Corp. the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, partnered with No7, to launch its first-ever virtual try-on foundation matching diagnostic solution, powered by Perfect Corp.’s AI Foundation Shade Finder Technology.', 'In January 2021, Nu Skin Enterprises Inc. introduced the ageLOC Boost device, which combines microcurrent waveforms with variable pulse technology to produce significantly brighter, plumper, and more bouncy skin.', 'In July 2020, Potomac Equity Partners announced the acquisition of Laser MD Medspa which is a brand that specializes in hair removal services. This acquisition is expected to boost Laser MD Medspa growth opportunities and brand recognition.'

A rise in the global elderly population, an increase in the prevalence of skin-related disorders, and a rising lifestyle quotient are likely to boost the Beauty Tech Market over the forecast years. Skin problems, such as photo-aging, are becoming more common around the world as a result of excessive exposure to pollutants and ultraviolet (UV) radiation, leading in sunburns, diminished skin elasticity, and hair loss. Excessive alcohol use, pollution, and tobacco use are also causes of skin problems. Some of the most common skin disorders are acne, hyperpigmentation, depigmentation, psoriasis, freckles, deep wrinkles, atopic dermatitis, and melisma. Beauty Tech are increasingly being used to treat them. People with freckles, for example, can be treated with beautification equipment. As a result, the number of skin cancer cases is increasing. As a result, increased incidences of skin problems are propelling the Beauty tech industry forward.

The hair removal device sector dominates the overall beauty tech industry. The development and marketing of different revolutionary laser hair removal equipment aids market growth.

North America is anticipated to dominate the Global Market in 2021 and is expected to maintain this dominance throughout the forecast period owing to the availability of advanced devices and the large number of an aging population. Also, growing awareness of Beauty Tech is one of the major factors driving the growth of the Market in this region. Furthermore, Asia-Pacific is expected to grow at a significant rate, owing to increase in the geriatric population. Over the last few years, globalization has increased purchasing power in nations such as China, India, South Korea, and Malaysia. Rapid urbanization, robust economic growth, and rising use of Beauty Tech are some of the primary drivers driving growth in the region's Beauty Tech Market. The intense competition is expected to create opportunities for future market growth. Moreover, advantageous trends related with cosmetics and medical industries would enhance the market sales within this region.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.