Published by mark itwired
Posted on September 20, 2021
4 min readLast updated: February 5, 2026
The personalized beauty devices market is set to grow at a 25.3% CAGR, reaching $80.7 million by 2031, driven by rising skin issues and technological advancements.
ESOMAR-certified consulting firm Future Market Insights has recently published a report on the global personalized beauty devices market for the forecast period 2021-2031. According to the study, the market is slated to expand at a CAGR of over 25.3% between 2021 and 2031. The market is expected to surpass a valuation of US$ 80.7 million by 2031-end on the back of increasing prevalence of skin problems across the globe.
Rising cases of skin diseases such as photo-aging in increasing across the globe due to excessive pollution and worsening climate, resulting in sunburn, hair-loss, acne and other skin disease. Furthermore, rise in the ageing population is also the driving the market of personalized beauty devices.
Growing consciousness in men regarding the skin issues coupled with manufacturers introducing unique technologies for age control among men will foster the sales of personalized beauty devices.
Moreover, penetration of social media and internet have created conducive environment for manufacturers to market their products and reach targeted audience, strengthening their brand value. Manufacturers are focusing on implementing technologies such as artificial intelligence and data science, facilitating the growing demand of anti-ageing beauty devices among consumers.
Advent of ‘smart’ beauty devices and willingness among millennials and baby boomers to look young & attractive will drive the market demand exponentially over the coming years. Proliferation of online platforms are providing aid to the people about the on-going trends and beauty products.
Beauty bloggers and professionals are actively posting about the new products and devices launched by key players. These trends are providing lucrative growth opportunities for prominent manufacturers, bolstering the market growth.
“Consumers’ willingness to look young and attractive coupled with readiness to invest in smart & personalized beauty devices for healthy skin will create lucrative growth opportunities for the market” says an FMI analyst
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Key Takeaways
Competitive Landscape
Product innovation to offer advanced technology, launch of new products, and mergers and partnerships are some of the strategies adopted by key players to improve their market revenue. For instance:
Some of the leading companies operating in personalized beauty devices market profiled by FMI include:
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More Insights on the Global Personalized beauty devices Market
In its latest report, FMI offers a detailed segmentation on the global personalized beauty devices market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of:
Product Type
Service Type
Application Type
Sales Channel
Region
Key Questions Covered in the Report
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The post Personalized Beauty Devices Sales Set to Grow at 25.3% CAGR to Reach US$ 80.7 Million by 2031: FMI first appeared on Market Research Blog.
The article discusses the growth of the personalized beauty devices market, projected to reach $80.7 million by 2031.
The market is growing due to rising skin issues, technological advancements, and increased consumer interest in anti-aging devices.
Key regions include Europe, particularly Germany, and South Asia, with India leading the market.
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