EMEA Beauty Devices Market Summary
As per MRFR Analysis, the EMEA Beauty Devices Market was valued at USD 11.33 Billion in 2023 and is projected to grow to USD 21.1 Billion by 2032, with a CAGR of 4.67% from 2024 to 2032. The market is driven by a rising geriatric population, increasing disposable income, and a growing prevalence of skin and hair issues. The demand for at-home beauty devices is surging due to technological advancements. However, the market faces challenges from low-priced alternatives and potential side effects from certain devices. Europe leads the market, supported by e-commerce and high-end products, while the Middle East & Africa shows growth due to product convenience and awareness.
Key Market Trends & Highlights
Key trends influencing the EMEA Beauty Devices Market include technological advancements and changing consumer behavior.
- Market Size in 2023: USD 11.33 Billion
- Projected Market Size by 2032: USD 21.1 Billion
- CAGR from 2024 to 2032: 4.67%
- Dominant Segment: Hair regrowth devices in Europe
Market Size & Forecast
2023 Market Size: USD 11.33 Billion
2024 Projected Market Size: USD 11.93 Billion
2032 Projected Market Size: USD 21.1 Billion
CAGR (2024-2032): 4.67%
Major Players
Nu Skin Enterprises Inc., L’Oréal Group, Tria Beauty Inc., Carol Cole Company, H.zone, Koninklijke Philips N.V.
Beauty devices market in Europe, the Middle East and Africa is expecting a luxurious growth in the coming future. On the basis of market trends and consumer behavior, the usage of beauty devices is dominant across all age groups. Notably, rising geriatric population is the key factor driving the EMEA beauty devices market. Additionally, increasing disposable income lead to increase in spending on personal care devices as well as rising prevalence of skin and hair problems are fueling the market of EMEA beauty devices.Â
At-home beauty devices have attracted great attention of existing and new marketers since the technology is developing in almost every aspect of life and high adoption of these technologically advanced products by the consumers. Hair regrowth segment leads the European market. However, the presence of alternative low-priced products and occurrence of side-effects from beauty devices may hamper the growth of the market over the review period. For an instance, it is found that usage of some photo rejuvenation devices may cause swelling or itching in the skin.
EMEA Beauty Devices Market SegmentationÂ
The EMEA beauty devices market is segmented on the basis of product type, application, and end-user.
On the basis of product type, the market is segmented into hair care, skin care, oral care, and others. Hair care product type is further segmented into hair removal devices, hair growth devices, hair styling devices, and others. The skin care products includes light/LED and photorejuvenation therapy devices, cellulite reduction devices, acne removal devices, and others
On the basis of application, the market is segmented into domestic purpose, commercial purpose, and others.
On the basis of end-user, the market is classified into professional and personalized.Â
EMEA Beauty Devices Market Regional AnalysisÂ
The EMEA beauty devices market is segmented into two regions: Europe and the Middle East & Africa. Europe holds the largest share of the EMEA beauty devices market, which is further followed by the Middle East & Africa. The beauty devices market in Europe is primarily driven by e-commerce channels and designer labeled high-end products. German consumers spend on expensive regional branded products, which, in turn, increase the demand for the beauty device market.
Owing to easy availability, product convenience, and increased awareness about beauty devices are intensifying the growth of the beauty devices in the Middle East & Africa.Â
Key Players in EMEA Beauty Devices Market
Some of the key player in the market are:Â
Intended Audience
- Product Manufacturers
- Beauty Devices Manufacturer
- Research and Development (R&D) Companies
- Hospitals and Laboratories
- Medical Research Laboratories
- Academic Medical Institutes and UniversitiesÂ
Attribute/Metric |
Details |
Market Size 2023
|
11.33 (USD Billion)
|
Market Size 2024
|
11.93 (USD Billion)
|
Market Size 2032
|
21.1 (USD Billion)
|
Compound Annual Growth Rate (CAGR)
|
4.67 % (2024 - 2032)
|
Report Coverage
|
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
|
Base Year
|
2023
|
Market Forecast Period
|
2024 - 2032
|
Historical Data
|
2019 - 2023
|
Geographies Covered |
Europe, Middle East & Africa |
Key Vendors |
Nu Skin Enterprises Inc., L’Oréal Group, Tria Beauty Inc., Carol Cole Company, H.zone, and Koninklijke Philips N.V. |
EMEA Beauty Devices Market Highlights:
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