PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1305927
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1305927
Global Skin Care Devices Market size will expand significantly through 2032. Growing youth population in developed and developing nations is generating lucrative opportunities for industry growth. As per ILO, India has the largest youth population globally, with around 808 million, which accounts for 66% of the total population is under 35. Moreover, the rapidly expanding personal care industry is working in favor of industry growth. Industry players operating in this space are emphasizing the development of enhanced capabilities of skin care devices.
The overall skin care devices market is segmented based on product, end-user, type, distribution channel, and region.
Based on type, ketmen skin care devices market share will grow at a notable CAGR from 2023 to 2032. Rising consciousness about appearance among men is creating a recognizable impetus for segment growth. Many industry players are working towards developing advanced capabilities of men skin care devices to extend their global footprint. Moreover, the high availability of a wide range of men's skincare devices at discounted prices is contributing to segment growth.
Based on the product, the anti-aging devices market size will expand considerably through 2032. Rising advancements in anti-aging devices are leading to segment growth. These devices now utilize various technologies such as LED light therapy, radiofrequency, microdermabrasion, and ultrasound to target specific skin concerns and stimulate collagen production, resulting in improved skin texture and reduced signs of aging. Segment expansion can also be attributed to the widespread availability of multiple brands offering advanced anti-aging devices.
Based on the distribution channel, industry value from the online retail segment will register significant gains through 2032. High availability of a wide range of skincare devices at discounted prices has increased the consumer preference for online retail. Moreover, the growing number of online retail platforms is creating lucrative prospects for segment growth. The convenience and flexibility offered by online retail channels favor their adoption.
On the regional front, the North America skin care devices market share will grow at a lucrative CAGR from 2023 to 2032. Rapid urbanization, in tandem with surging consciousness about appearance, has increased the demand for skin care devices in the region. Moreover, the rapidly expanding personal care industry is contributing to regional growth. North America is also home to leading industry players such as Canfield Scientific Inc and others focusing on product innovations, driving the product demand in the region.