Market Overview:
Increasing pollution and exposure to UV rays are causing various skin and hair-related issues. Owing to the high demand for devices that provide quick beauty solutions, various beauty device manufacturers are integrating advanced technology with traditional beauty enhancing methods to develop highly efficient beauty devices. Market Research Future (MRFR) has published a detailed report stating that the EMEA beauty devices market is anticipated to expand at a noteworthy CAGR of 7.4% during the forecast period of 2017-2021.
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Market Drivers and Restraints:
Increasing prevalence of skin and hair related issues owing to the alarming rise in pollution and extended exposure to ultraviolet radiations is inducing high demand for beauty devices that project fast results. The incorporation of advanced technology for introduction of highly effective beauty devices that can be controlled remotely through smartphones and emphasis on adoption of technologically advanced beauty devices are propelling the growth of the EMEA beauty devices market.
With the launch of affordable beauty devices in the market, the reach of these devices in the developing regions has increased. Hence, increasing disposable income in emerging economies and rising middle-class population are impacting positively on the expansion of the EMEA beauty devices market. Rise in prevalence of dermatological conditions and inclination towards home-based skin care solutions are likely to propel the growth of the EMEA beauty devices market. However, increasing awareness regarding the side-effects caused by using beauty devices and availability of alternative products that are comparatively cheaper are likely to pose a threat for the growth of the EMEA beauty devices market during the forecast period of 2017-2021.
Market Segmentation:
The EMEA beauty devices market has been segmented on the basis of product type, application, and end-user. Based on product type, the EMEA beauty devices market has been segmented into hair care, skin care, oral care, and others. Hair care segment has been sub-segmented into hair removal devices, hair growth devices, hair styling devices, and others. The skin care segment has been sub-segmented into light/LED and photorejuvenation therapy devices, cellulite reduction devices, acne removal devices, and others
Based on application, the beauty devices market has been segmented into domestic purpose, commercial purpose, and others. Based on end-user, the beauty devices market has been segmented into professional and personalized.
Regional Analysis:
Geographically, the EMEA beauty devices market has been segmented into two major regions such as the Middle East and Africa and Europe. The Europe region is projecting dominance over the EMEA beauty devices market. The rapid incorporation of technologically advanced beauty devices for personal as well as professional use and increasing investment on easy-to-use and highly effective beauty devices are primarily fueling the growth of the beauty devices market in the Europe region. The beauty devices market in the Middle East and Africa region is majorly driven by increasing awareness regarding the benefits of beauty devices and easy market penetration of these devices through e-commerce platforms in this region.
Industry Updates:
In September 2018, Foreo, a Swedish multi-national beauty brand, has launched a smallest AI-enabled smart cleaning device named the Luna Fofo. It enables personalized skincare accessible at the touch of a button.
In August 2018, Clarisonic, a skin care and beauty devices company, has launched the next generation devices that can be connected via Bluetooth to the mobile phone. The newly launched Mia Smart and Mia Prima are highly versatile and customizable smart devices by Clarisonic.
Key Players:
Some of the leading players that are profiled by MRFR in the report on the EMEA beauty devices market are Nu Skin Enterprises Inc., L’Oréal Group, Tria Beauty Inc., Carol Cole Company, H.zone, and Koninklijke Philips N.V.
Table of Content
1. Report Prologue
- Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Market Structure
2.4. Market Segmentation
- Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
- Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
- Market Factor Analysis
5.1 Value Chain Analysis
5.2 Porters Five Forces
5.3 Demand & Supply: Gap Analysis
5.4 Pricing Analysis
5.5 Investment Opportunity Analysis
5.6 Merger and Acquisition Landscape
5.7 Upcoming trends in market
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans conducts meet with the industry experts and industrial visits for its research analyst members.
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Analysts have also studied the market to understand potential threats and challenges the market companies could face.
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