Published by mark itwired
Posted on October 4, 2021
In addition to feminine beauty, focus on beauty products particularly suitable for men has become very strong in the last few years, thus redefining the trends in the personalized beauty devices market. According to a study by Future Market Insights (FMI) the market for personal beauty devices will rise at 25.3% CAGR between 2021 and 2031.
Men are becoming increasingly image conscious, which is why they spend more time on grooming. This in itself is an indication that with the growing concern for beauty among men, sales of personalized beauty devices are expected to increase.
In view of the growing importance of beauty among men, well-established beauty companies have now turned their promotional campaigns to show personality beyond physical strength. Also, the increasing exposure of social media has been contributing to the healthy demand for men’s personalized solutions.
Moreover, the digital tools are becoming a trend in the beauty industry enabling at-home personalized beauty devices to gain more momentum. For instance, L’Oreal S.A. is set to enter the personalized beauty device industry with the advent of PERSO, a smart device that creates custom formulas for lipstick, foundation and skin care.
Le Teint Particulier formula, a patented product of Lancome Paris, L’Oreal, is customized to offer precise skin tone measurements using a proprietary algorithm that analyses and then matches your exact skin tone. FMI in its latest study has forecasted the market to rise at a CAGR of 25.3% between 2021 and 2031.
In terms of product type, over half of sales in the market concentrates in the make-up segment. The demand in skin care category also is expected to rise at an impressive pace in the coming years.
“As consumers increasingly seek out novel beauty solutions suited to their specific needs, personalization will become a key strategy in the beauty industry. This will pave the way for expansion of the market in the near future” says an FMI analyst.
For more Insights into the Market, Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-13226
Key players in the skin care devices market are L’Oréal S.A., Unilever PLC, Kendo Holdings, Inc., L’Occitane Groupe SA, Preemadonna Inc., Shiseido Company Limited, and Amorepacific Corporation among others.
Targeted and unique product offerings are being introduced into the market in order to attract the attention of a specific community. In the coming years, focus on offering smart beauty solutions will increase as market players aim for competitive edge.
Future Market Insights, in its new offering, provides an unbiased analysis of the global personalized beauty devices market, presenting historical demand data (2016-2031) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the skin care devices market based on the product type (Skin care, make-up, fragrances, and nails), service type (at-home, and in-store), sales channel (direct sales, modern trade, departmental stores, specialty stores, online retailers, mono-brand stores, and other sales channel) across seven major regions.
The post Personalized Beauty Devices Market Outlook, Trends, Forecast of Top Countries 2021-2031 appeared first on Market Research Blog.
In addition to feminine beauty, focus on beauty products particularly suitable for men has become very strong in the last few years, thus redefining the trends in the personalized beauty devices market. According to a study by Future Market Insights (FMI) the market for personal beauty devices will rise at 25.3% CAGR between 2021 and 2031.
Men are becoming increasingly image conscious, which is why they spend more time on grooming. This in itself is an indication that with the growing concern for beauty among men, sales of personalized beauty devices are expected to increase.
In view of the growing importance of beauty among men, well-established beauty companies have now turned their promotional campaigns to show personality beyond physical strength. Also, the increasing exposure of social media has been contributing to the healthy demand for men’s personalized solutions.
Moreover, the digital tools are becoming a trend in the beauty industry enabling at-home personalized beauty devices to gain more momentum. For instance, L’Oreal S.A. is set to enter the personalized beauty device industry with the advent of PERSO, a smart device that creates custom formulas for lipstick, foundation and skin care.
Le Teint Particulier formula, a patented product of Lancome Paris, L’Oreal, is customized to offer precise skin tone measurements using a proprietary algorithm that analyses and then matches your exact skin tone. FMI in its latest study has forecasted the market to rise at a CAGR of 25.3% between 2021 and 2031.
In terms of product type, over half of sales in the market concentrates in the make-up segment. The demand in skin care category also is expected to rise at an impressive pace in the coming years.
“As consumers increasingly seek out novel beauty solutions suited to their specific needs, personalization will become a key strategy in the beauty industry. This will pave the way for expansion of the market in the near future” says an FMI analyst.
For more Insights into the Market, Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-13226
Key players in the skin care devices market are L’Oréal S.A., Unilever PLC, Kendo Holdings, Inc., L’Occitane Groupe SA, Preemadonna Inc., Shiseido Company Limited, and Amorepacific Corporation among others.
Targeted and unique product offerings are being introduced into the market in order to attract the attention of a specific community. In the coming years, focus on offering smart beauty solutions will increase as market players aim for competitive edge.
Future Market Insights, in its new offering, provides an unbiased analysis of the global personalized beauty devices market, presenting historical demand data (2016-2031) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the skin care devices market based on the product type (Skin care, make-up, fragrances, and nails), service type (at-home, and in-store), sales channel (direct sales, modern trade, departmental stores, specialty stores, online retailers, mono-brand stores, and other sales channel) across seven major regions.
The post Personalized Beauty Devices Market Outlook, Trends, Forecast of Top Countries 2021-2031 appeared first on Market Research Blog.
Explore more articles in the Research Reports category
