EMEA Beauty Devices Market Summary
As per Market Research Future 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 |
Major Players
Nu Skin Enterprises Inc., L’Oréal Group, Tria Beauty Inc., Carol Cole Company, H.zone, Koninklijke Philips N.V.