Household Beauty Appliances Market to Account for $8.86 Billion by 2025: Grand View Research Inc.
The global household beauty appliances market size is expected to reach USD 8.86 billion by 2025 registering a CAGR of 5.3%, according to a new report by Grand View Research, Inc.
(firmenpresse) - The global household beauty appliances market size is expected to reach USD 8.86 billion by 2025 registering a CAGR of 5.3%, according to a new report by Grand View Research, Inc. Growing demand for advanced beauty appliances is anticipated to be the major driving factor for the market. Rising awareness about the benefits of using beauty appliances for the treatment of various skin and hair related problem is also expected to boost the product demand. The haircare segment accounts for the major market share on account of increasing cases of hair problems, such as frizzy and dry hair. Facial care is anticipated to be the fastest-growing segment due to growing awareness about facial care.
Moreover, companies such as, Philips, and L’Oreal, are coming up with innovative products, which is contributing to the segment development. For instance, in January 2019, L’Oreal SA launched the first wearable microfluidic device, which tracks the skin’s pH level and provides facial cleansing recommendation on smartphones. Thus, replacement of conventional medicines for skin treatment with technically advanced beauty care appliances contributes significantly in escalating the segment growth. The global market is marked by the presence of major companies including Koninklijke Philips N.V.; Home Skinovation; Conair Corp.; TRIA Beauty, Inc.; Vega; Syska; Panasonic Corp.; Carol Cole Company; Croma; and L’Oreal SA.
To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/household-beauty-appliances-market
Further key findings from the study suggest:
Facial care segment is anticipated to register the fastest CAGR of 5.8% over the forecast period owing to rising awareness about the benefits of using facial care devices
Haircare led the global market with an overall market share of 37.7% in 2018 due to extensive use of haircare appliances, such as, hair dryer, roller, and straightener
Supermarkets/hypermarkets distribution channel segment the overall distribution channel of the globe with a market in 2018 on account of the availability of wide range of products in supermarkets/hypermarkets
North America was the leading regional household beauty appliances market in 2018 and will expand further at a steady CAGR over the forecast period
The industry is highly competitive and some of the key companies include Koninklijke Philips N.V.; Home Skinovation; Conair Corp.; TRIA Beauty, Inc.; lluminage Beauty, Inc.; Spectrum Brands Holdings, Inc.; Panasonic Corp.; Carol Cole Company; Syneron Medical; and L’Oreal SA
Grand View Research has segmented the global household beauty appliances market on the basis of product, distribution channel, and region:
Household Beauty Appliances Product Outlook (Revenue, USD Million, 2015 - 2025)
Haircare
Facial Care
Body Care
Others
Household Beauty Appliances Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
Supermarket/Hypermarket
Convenience Stores
Online
Household Beauty Appliances Regional Outlook (Revenue, USD Million, 2015 - 2025)
North America
Europe
Asia Pacific
Central & South America
Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
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Datum: 14.08.2019 - 12:38 Uhr
Sprache: Deutsch
News-ID 597210
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Phone: 14153490058
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