Europe beauty devices market is expected to reach US$ 19,741.29 Mn in 2027 from US$ 7,401.44 Mn in 2019. The market is estimated to grow with a CAGR of 13.4% from 2019-2027.
The growth of the Beauty Devices Market is driven by factors such as the changing consumer psyche towards beauty and wellness with rising geriatric population, and increasing prevalence of skin and hair problems in the Europe region. Whereas, undesirable side effects of beauty devices and availability cheaper beauty products likely to have a negative impact on the growth of the market in the coming years.
Beauty devices are made and sold for the purpose of enhancing the physical attractiveness of users. These devices come in handy and are very useful for the cosmetic usage area including skin related issues, such as acne, wrinkles and scars usage areas among others.
Age-related skin issues, such as pigmentation, wrinkles, creases, and acne, as well as burn scars due to accidents are extremely common among masses. Various other elements due to which hair and skin diseases are generated include tobacco use, environmental pollution, ultraviolet radiation, and excessive alcohol consumption. Several incidences of skin diseases are also evolving owing to infections caused by viruses, bacteria, and fungi. According to Journal of the European Academy of Dermatology and Venereology, the most common skin conditions were: actinic keratosis (26.6%), rosacea (25.5%), and eczema (11.7%). Approximately 85% of people between the ages of 12 and 24 experience the onset of minor acne. The costs associated with the treatment and lost productivity among those who sought medical care for acne exceeded US$ 1.2 billion, and more than 5.1 million people had sought medical treatment for acne, primarily children and young adults, in 2013.
Moreover, one in 10 people develop atopic dermatitis during their lifetime, and it affects up to 25% of children and 2–3% of adults. Furthermore, over a quarter (28%) of women under 25 even admit that they regularly worry about their signs of aging, and this number has increased to 42% for those aged 25–34 and 54% for those aged 35–44.
Increasing work hours and changing lifestyle have contributed to rising levels of stress, resulting in several issues on outward appearance, especially on the skin and hair with fastening of the aging process of skin and increase in hair related issues. Also, the increasing level of pollution shows detrimental effects on an individual’s physical appearance. These issues can be controlled with the use of derma roller and blue light devices for acne. Customers have continued to show keen interest in experiencing beauty and wellness services to rejuvenate their skin. Thus, international grooming products and services at home have gained popularity to a great extent.
The increasing use of beauty devices in Europe is expected to drive beauty devices market the growing medical devices industry in the country create a lucrative opportunity and the presence of an established market for beauty devices.
Rest of Europe Beauty devices Market Revenue and Forecasts to 2027 (US$ Bn)
EUROPE BEAUTY DEVICES– MARKET SEGMENTATION
Europe Beauty Devices Market - By Device Type
Europe Beauty Devices Market - By Usage Area
Europe Beauty Devices Market - By Distribution Channel
Europe Beauty Devices Market - By Country
Companies Mentioned
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 7,401.44 Million |
| Market Size by 2027 | US$ 19,741.29 Million |
| CAGR (2019 - 2027) | 13.4% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
|
Regions and Countries Covered
|
|
| Europe | UK, Germany, France, Russia, Italy, Rest of Europe |
| Market leaders and key company profiles |
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The Europe Beauty Devices Market is valued at US$ 7,401.44 Million in 2019, it is projected to reach US$ 19,741.29 Million by 2027.
As per our report Europe Beauty Devices Market, the market size is valued at US$ 7,401.44 Million in 2019, projecting it to reach US$ 19,741.29 Million by 2027. This translates to a CAGR of approximately 13.4% during the forecast period.
The Europe Beauty Devices Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Beauty Devices Market report:
The Europe Beauty Devices Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Beauty Devices Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Beauty Devices Market value chain can benefit from the information contained in a comprehensive market report.
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