In 2018, the global household beauty appliance market was valued at USD 6.17 million. This number is expected to grow at a 5.3% CAGR from 2019 to 2025. The market is expected to grow due to rising preference for low-cost and easy-to-use beauty and grooming products. The future market will see a rise in awareness about personal grooming and aesthetic appeal.
To provide hassle-free experiences for their customers, market leaders are creating smarter and more innovative products. They invest more in research to create more efficient products. In the coming years, the market will be driven by new products that use advanced technologies. In January 2019, L'Oreal S.A. launched the first wearable microfluidic device.
The product monitors the pH level of skin and offers facial cleansing recommendations via smartphones. American Acne Foundation introduced the vacuum pore cleaner in February 2019. This advanced product removes unwanted skin and dirt from hidden pores. These new products from key market players have helped to boost market growth.
Additionally, the increasing number of women working in developing countries like India, China, Bangladesh and Bangladesh is encouraging the use of such products. This has boosted household beauty appliance market expansion. According to the International Trade Administration in 2018, Australia spent approximately USD 3.5 Billion annually on beauty products and devices.
In 2018, the global hair care market was led by the segment and it is expected to grow at a 5.4% CAGR from 2019 to 2025. Haircare products include straighteners, hair dryers and rollers. Segment growth is driven by technological and product innovations. Conair Corp.'s infinity pro hair dryer with heat protector motor technology was launched in March 2017. Multi-functional hair treatments such as hair straighteners, hairbrushes, and rollers are likely to be more popular.
Globally, the facial care market is expected to grow at the fastest rate. Products for facial care include de tanners, pore cleaners, and electric scrubbers. These products are in high demand because of rising skin infections due to prolonged exposure to UV radiation and pollution. The segment is expected to grow due to increasing awareness of the benefits of facial care beauty devices.
The supermarkets/hypermarkets segment led the market in 2018 and is projected to maintain its dominant share even during the forecast period. The segment's growth is aided by the physical demonstration of products in these stores. The segment will also benefit from the wide range of products available by different brands at discounted prices.
Structured retail sectors have been a key driver of segment growth. They provide more visibility and space for existing and new brands. The rising number of online beauty stores is expected to drive the fastest CAGR at 6.0% between 2019 and 2025. Amazon.com and flipkart.com are the most prominent online distributors on the market.
In 2018, North America dominated the market. New product launches are key factors driving regional markets. Clarisonic, for example, launched the Mia Prima (sonic cleansing device) in August 2018. These products have advanced features such as waterproof handle, Bluetooth connectivity for phones, and soft models with LED indicators. Asia Pacific will be the fastest growing market with a CAGR 5.9% between 2019 and 2025.
APAC's market growth is being driven by the adoption of western culture and lifestyles in developing countries like India, China, and Bangladesh. The regional market offers potential growth opportunities in new segments such as advanced smart wears and portable beauty products. The demand will be further boosted by an increase in disposable income and increased awareness of these products.
Koninklijke Philips N.V., Home Skinovation, Conair Corporation; TRIA beauty Inc.; Vega and Syska; Panasonic Corporation. Carol Cole Company; Croma. L'Oreal SA are some of the major players in this market. To increase market share, companies are using a variety of business strategies such as product development, mergers and acquisitions, partnerships, and partnership.
This report provides a forecast of revenue growth at the global, regional and country level and analyzes the most recent industry trends in each sub-segment from 2015 to 2025. Up Market Research has divided the global household beauty products market report by product, distribution channel and region.
Product Outlook (Revenue USD Million, 2015-2025)
Haircare
Facial Care
Body Care
Other
Distribution Channel Outlook (Revenue USD Million, 2015-2025)
Supermarket/Hypermarket
Convenience Stores
Online
Regional Outlook (Revenue USD Million, 2015-2025)
North America
U.S.
Europe
Germany
U.K.
Asia Pacific
India
China
Central & South America
Brazil
Middle East & Africa
South Africa
b. The market for household beauty appliances was valued at USD 6.46 billion in 2019, and is projected to grow to USD 6.78 billion by 2020.
How is the growth of the market for household beauty products?b. Global household beauty appliances market will grow at a compound annual rate of 5.3% between 2019 and 2025, to reach USD 8.86 million by 2025.
Which segment was responsible for the largest market share in household beauty appliances?b. With a 36.2% share in 2019, North America was the dominant market for household beauty appliances. This can be attributed to the increasing disposable income of consumers and growing consumer awareness and acceptance of these products.
Which are the major players in the household beauty appliance market?b. Koninklijke Philips N.V., Home Skinovation; Conair Corporation. TRIA Beauty Inc.; Vega. Syska; Panasonic Corporation. Carol Cole Company. Croma. L'Oreal SA.
What are the driving factors for the market for household beauty appliances?b. The market is growing due to rising preferences for low-cost, easy-to-use grooming and beauty products and a rising awareness about aesthetic appeal and personal grooming.
Up Market Research published a new report titled “Household Beauty Appliances Market research report which is segmented by Product (Facial Care, Haircare), By Players/Companies soft model with LED indicators Asia Pacific is expected to be the fastest-growing market at a CAGR of 59% from 2019 to 2025, such as, waterproof handle, new product launches For example, sonic cleansing devices in US The products include advanced features, Bluetooth connectivity for smartphones, Clarisonic launched the Mia Prima and Mia Smart, in august 2018”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Household Beauty Appliances Market Research Report |
By Product | Facial Care, Haircare |
By Companies | soft model with LED indicators Asia Pacific is expected to be the fastest-growing market at a CAGR of 59% from 2019 to 2025, such as, waterproof handle, new product launches For example, sonic cleansing devices in US The products include advanced features, Bluetooth connectivity for smartphones, Clarisonic launched the Mia Prima and Mia Smart, in august 2018 |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 235 |
Number of Tables & Figures | 165 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Product (Facial Care, Haircare).
Household Beauty Appliances Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Household Beauty Appliances Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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