The global beauty device market is expected to be valued/worth at US$ 38.7 Bn

Global beauty devices market value is expected to register a CAGR of 12.7% during the forecast period, finds Bekryl Market Analysts

Industry players registered upward trajectory growth in first half of 2018 and is expected to carry forward the growth momentum throughout the forecast period. Top six beauty device players accounted for 76% of global revenue share. Cutthroat competition has led leading companies to adopt inorganic growth strategy. Mergers and acquisitions are expected to play a key role in shaping the industry growth.

Product pricing is another key trend noticed in the market. Hyper-competition has led players to launch economic price products. This in turn has led to higher market capitalization. Furthermore, direct sales channel is at the core of the marketing strategy for beauty devices manufacturers. The trend is likely to continue in the future with higher level of ecommerce platform adoption.

Download Global Beauty Devices Market Sample Report: https://bekryl.com/sample/sample-request/?bekryl=Get-Beauty-Devices-Sample-Report.

Few Key Excerpts from the Global Beauty Devices Market Report:

North America to Dominate the Global Sales Revenue in 2019: North America is estimated to account for 39% of global sales revenue in 2018. The region will continue to drive the healthy growth for industry players in 2019. Sheer size of middle aged population, higher healthcare and beauty care spending has created favorable business environment in the region. Also, there has been significant rise in skincare issues in the region. As per the recently conducted study, nearly 85% of young population are prone to acne in America.

To know more about beauty devices market trends and data, visit: https://bekryl.com/industry-trends/beauty-devices-market-size-analysis

Some key global Beauty Devices Market Players are The Proctor & Gamble Company, Home SKinovations Ltd, L'Oreal SA, Lumenis Ltd., Panasonic Corporation, Photomedax Inc., Carol Cole Company, TRIA Beauty, Inc., Syneron Medical, and Koninklijke Philips N.V.

Contact

Mr. Alex Werner

U.S Office(Sales and PR)

99 Wall Street,

Suite 622, New York, U.S,

Contact: +1 347 464 1068

Email: sales@bekryl.com

About This Author

Hannah Brown Joined: June 12th, 2019