Household Beauty Appliances Market To Reach USD 11.69 Billion By 2030
Household Beauty Appliances Market Growth & Trends
The global household beauty appliances market size is anticipated
to reach USD 11.69 billion by 2030, according to a new report by Grand View
Research, Inc. The market is projected to grow at a CAGR of 5.7% from 2025 to
2030. 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.
Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/household-beauty-appliances-market
Household Beauty Appliances Market Report Highlights
- The haircare
segment dominated the global household beauty appliances market based on
product, with a revenue share of 32.2% in 2024.
- The
supermarket/hypermarket channel segment held the largest revenue share of
the household beauty appliances market in 2024 and The online segment is
expected to experience the fastest market growth during the forecast
period.
- The North
American household beauty appliances industry dominated the global market,
with a revenue share of 36.1% in 2024. A fast-paced lifestyle and
increasing pressure to maintain a polished appearance among younger
generations are major driving factors for industry growth in the region.
- The Asia Pacific
household beauty appliances market is anticipated to experience the
fastest CAGR during the forecast period. Growing spending capacity and
rising urbanization have influenced the growth of the household beauty
appliances industry in the region.
Household Beauty Appliances Market Segmentation
Grand view research has segmented the household beauty appliances
market report based on product, distribution channel, and region.
Household Beauty Appliances Product Outlook (Revenue, USD Billion,
2018 - 2030)
- Haircare
- Skincare
- Facial Care
- Body Care
- Others
Household Beauty Appliances Distribution Channel Outlook (Revenue,
USD Billion, 2018 - 2030)
- Supermarket/Hypermarket
- Convenience
Stores
- Online
Household Beauty Appliances Regional Outlook (Revenue, USD
Billion, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- Central &
South America
- MEA
List Of Key Players in the Household Beauty Appliances Market
- Koninklijke
Philips N.V.
- Home Skinovation
- Conair
Corporation
- TRIA Beauty,
Inc.
- Vega
- Syska
- Panasonic
Corporation
- Carol Cole
Company
- Croma
- L’Oreal SA.
Comments
Post a Comment