U.S. Market Study on Beauty Devices: Demand for Hair Removal Devices to Remain High Over the Decade

Jun 2021| PMR1661A| Persistence Market Research

Report Highlights

U.S. Beauty Devices Market: Report Scope

Skincare continues to be a top priority for consumers in the US Media and entertainment businesses in the US are active proponents of using beauty devices to enhance the superficial presence of celebrities and other concerned personnel.

High-profile endorsements and relatively instantaneous results are promoting the presence of beauty devices in America households. This forecast study on the U.S. beauty devices market indicates that it will attain a market value of US$ 67.8 Bn by 2031, expanding from US$ 14 Bn in 2021 at an impressive CAGR of 17%.

Key Market Dynamics

A considerable rise in the geriatric population in the US has stimulated the growth of its beauty devices market. The risks of obesity and implications caused due to cellulite accumulation have also urged consumers towards using special cosmetic and beauty devices.

Prevalence of skin diseases, and growing use of beauty devices to augment the superficial impression in the US media & entertainment industry is expected to drive the growth of U.S. beauty devices market.

Nonetheless, the occurrences of unwanted skin damage and additional dermal implications from the extensive use of such devices have inhibited the demand in the US beauty devices market. Lack of insurance or other monetary reimbursements for healthcare procedures involving beauty devices, and increasing prominence of alternative beauty products, is also impacting the growth of US beauty devices market.

Popular trends of restricting body shaming practices have been influencing the progress of beauty devices market in the US.

Segment Analysis

The beauty devices market in the US is segmented into types of devices and their usage areas. In terms of area of usage for such devices, the market is classified into the spa, salon, at home and others. At-homes segment is expected to account for the fastest-growing usage area segment, while salons are anticipated to increase adoption of hair removal devices.

The U.S. beauty devices market is also categorized on the basis of types of devices such as intense pulsed light devices, hair growth devices, hair removal devices, derma rollers, cellulite reducer, and cleansing, among others. By the end of 2020, the hair removal devices segment was slated to attain more than US$ 5Bn in terms of value, and was expected to registering a CAGR of 20%.

On the other hand, intense-pulsed light devices are projected to be the fastest-growing device type segment in the US beauty devices market.

Regional Analysis

In the global market for beauty devices, North America is slated to be the dominant region. The dominance of North America is majorly influenced by the US beauty devices market. The regional expanse of the US includes various types of environment and consumers in specific states continue to be exposed towards practices that need beauty devices.

Key Market Players

Manufacturers of beauty devices are developing innovative skincare solutions to gain prominence over beauty products companies. Influencing the consumer preferences has necessitated manufacturers towards producing high-quality, harmless, and reliable beauty devices products.

Some key players recognized in the US beauty devices market include, Nu Skin Enterprises, Inc., Koninklijke Philips N.V., Cynosure, Inc., TRIA Beauty, Inc., L’Oréal Group, PhotoMedex, Inc., Syneron Medical, Ltd., Home Skinovations Ltd., and Procter & Gamble Company, among others.

  • Table 1 : Market snapshot: Beauty devices market, 2021 and 2031
  • Table 2 : Drivers for beauty devices market: Impact analysis
  • Table 3 : Restraints for the U.S. beauty devices market: Impact analysis
  • Table 4 : Some of the beauty products launched by major companies
  • Table 5 : The North American beauty devices market size, by country, 2016 – 2020 (USD million)
  • Table 6 : The North American beauty devices market size, by country, 2021 – 2031 (USD million)
  • Table 7 : The U.S. beauty devices market size, by usage area, 2016 – 2020 (USD million)
  • Table 8 : The U.S. beauty devices market size, by usage area, 2021 – 2031 (USD million)
  • Table 9 : The U.S. beauty devices market size, by device type, 2016 – 2020 (USD million)
  • Table 10 : The U.S. beauty devices market size, by device type, 2021 – 2031 (USD million)
  • Table 11 : The Canadian beauty devices market size, by usage area, 2016 – 2020 (USD million)
  • Table 12 : The Canadian beauty devices market size, by usage area, 2021 – 2031 (USD million)
  • Table 13 : The Canadian beauty devices market size, by device type, 2016 – 2020 (USD million)
  • Table 14 : The Canadian beauty devices market size, by device type, 2021 – 2031 (USD million)
  • Table 15 : The U.S. beauty devices market size in salon, by device type, 2016 – 2020 (USD million)
  • Table 16 : The U.S. market size in salon, by device type, 2021 – 2031 (USD million)
  • Table 17 : The U.S. beauty devices market size in spa, by device type, 2016 – 2020 (USD million)
  • Table 18 : The U.S. beauty devices market size in spa, by device type, 2021 – 2031 (USD million)
  • Table 19 : The U.S. beauty devices market size at-home, by device type, 2016 – 2020 (USD million)
  • Table 20 : The U.S. beauty devices market size at-home, by device type, 2021 – 2031 (USD million)
  • Table 21 : Major product segments of Nu Skin Enterprises, Inc.
  • Table 22 : Major product segments of Panasonic Corporation
  • Table 23 : Major product segments of Home Skinovations Ltd.
  • Table 24 : Major product segments of Carol Cole Company
  • Table 25 : Major product segments of P&G
  • Table 26 : Major product segments of Koninklijke Philips N.V.
  • Table 27 : Major product segments of TRIA Beauty, Inc.
  • Table 28 : Major product segments of PhotoMedex, Inc.
  • Table 29 : Major product segments of HairMax (Lexington International, LLC)
  • Table 30 : Major product segments of L’Oreal Group
  • Table 31 : Major product segments of Syneron Medical Ltd.
  • Table 32 : Major product segments of Cynosure, Inc.
  • Figure 1 : The U.S. beauty devices market: Porter’s five force analysis
  • Figure 2 : Components of personal care
  • Figure 3 : Aging population (aged 65 years and above) in the U.S., 2021 – 2040 (% share of total population)
  • Figure 4 : Prevalence of overweight or obese males and females aged 30 years and above in the U.S., 2021 and 2031 (% share of total population)
  • Figure 5 : The North American beauty devices market share, by country, by value, 2020
  • Figure 6 : U.S. beauty devices market share, by usage area, by value, 2020
  • Figure 7 : The U.S. beauty devices market share, by device type, by value, 2020
  • Figure 8 : The Canadian beauty devices market share, by usage area, by value, 2020
  • Figure 9 : The Canadian beauty devices market share, by device type, by value, 2020
  • Figure 10 : The U.S. market for hair removal devices, 2021 – 2031 (USD million)
  • Figure 11 : The U.S. market for cleansing devices, 2021 – 2031 (USD million)
  • Figure 12 : The U.S. market for acne devices, 2021 – 2031 (USD billion)
  • Figure 13 : The U.S. beauty devices market for rejuvenation devices, 2021 – 2031 (USD million)
  • Figure 14 : The U.S. market for intense pulsed light devices, 2021 – 2031 (USD million)
  • Figure 15 : The U.S. market for oxygen and steamer devices, 2021 – 2031 (USD million)
  • Figure 16 : The U.S. market for hair growth devices, 2021 – 2031 (USD million)
  • Figure 17 : The U.S. market for derma roller devices, 2021 – 2031 (USD million)
  • Figure 18 : The U.S. market for cellulite reduction devices, 2021 – 2031 (USD billion)
  • Figure 19 : The U.S. beauty devices market, by usage area
  • Figure 20 : The U.S. beauty devices market share in salon, by device type, by value, 2031
  • Figure 21 : The U.S. beauty devices market share in spa, by device type, by value, 2031
  • Figure 22 : The U.S. beauty devices market share at-home, by device type, by value, 2031
  • Figure 23 : Product segment analysis of beauty devices market
  • Figure 24 : Beauty device offerings by leading market players
  • Figure 25 : Revenue and net income of Nu Skin Enterprises, Inc., 2016 – 2020 (USD million)
  • Figure 26 : Net sales and net income attributable of Panasonic Corporation, 2016 – 2020 (USD million)
  • Figure 27 : Net sales and net earnings of Procter & Gamble Company, 2016 – 2020 (USD million)
  • Figure 28 : Sales and net income of Koninklijke Philips N.V., 2016 – 2020 (USD million)
  • Figure 29 : Revenue and net income of PhotoMedex, Inc., 2016 – 2020 (USD million)
  • Figure 30 : Sales and net earnings of L’Oreal Group, 2016 – 2020 (USD million)
  • Figure 31 : Total revenue and net income of Syneron Medical, Ltd., 2016 – 2020 (USD million)
  • Figure 32 : Revenue and net income of Cynosure, Inc., 2016 – 2020 (USD million)

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