U.S. Beauty Devices Market Size, Top Players, Trends in Upcoming Years

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2. What are Major Factors Driving Growth of U.S. Beauty Devices Market? The expenditure on personal care products in the U.S. has been rising significantly since the past few years. For example, the U.S. personal care products market generated a revenue of $134.26 billion in 2016, and it is further projected to advance at a 4.58% CAGR during the time period 2018–2025. This growth is ascribed to the rising geriatric population in the country, which accounted for 15.2% of the total population in 2016, and higher spending tendencies of the country’s millennial group. It has been observed that the younger generation spends a high amount on products such as color cosmetics and skincare products. Request to Get the Sample Pages at: https://www.psmarketresearch.com/market-analysis/us-beauty- devices-market/report-sample Furthermore, due to the rapid penetration of internet first and then social media platforms, the consciousness toward physical appearance has been rising among people .In order to feel more confident, people are increasingly investing in personal care products. In addition to this, the social media platforms have opened up opportunities for the retail and e-commerce companies dealing with beauty services and products. It is due to these reasons that the demand for beauty devices in the country has been rising as well. As per a report by P&S Intelligence, in 2017, the U.S. beauty devices market reached $11.9 billion and is predicted to attain $32.5 billion by 2023, progressing at a 18.3% CAGR during the forecast period (2018– 2023). Some of the major beauty devices are cellulite reduction, hair removal, dermal rollers, cleansing, hair growth, acne, oxygen and steamer, and light/LED therapy and rejuvenation. The demand for hair removal devices is expected to rise considerably in the coming years. These devices are utilized for removing or reducing unwanted hair without any pain and without damaging the surrounding skin. Some of the hair removal devices also make use of lasers that generate enough heat for destroying hair. Make Enquiry Before Buying the Report: https://www.psmarketresearch.com/send-enquiry?enquiry-url=us-beauty-devices-market Apart from this, the utilization of light/LED therapy and rejuvenation devices is also expected to increase significantly in the coming years. This therapy is a non-invasive hand and facial treatment which makes use of narrow band, non-thermal LED light energy for triggering body’s natural cell processed in order to accelerate rejuvenation and repair of skin . All these products are utilized in salons, at-home, and spas. The largest demand for beauty devices in the U.S. was created by the salons in the past, as a number of services, including massage, scalp and facial treatment, wig cleaning and styling, manicures and pedicures, and hair weaving and replacement, are offered by salons. © P&S Intelligence. All rights reserved Page 2

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