Global Domestic Beauty Appliance Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report - Segmented By Type (Hair Styling Appliance, Hair Removal Appliance), Application (Supermarket, Specialty Store, Online Sales), and Region (North America, Europe, APAC, Latin America, Middle East, and Africa) – Industry Analysis From 2024 to 2029

Updated On: January, 2024
ID: 13975
Pages: 175

Global Domestic Beauty Appliance Market Size (2024 to 2029)

As per our analysis report, the global Domestic Beauty Appliance Market is expected to reach USD 126.59 billion by 2029 from USD 73.13 billion in 2024, growing at a compound annual growth rate (CAGR) of 11.60% during the forecast timeline.

Current Scenario of the Global Domestic Beauty Appliance Market

The domestic beauty appliance market encompasses a range of products that individuals use for personal grooming and beauty purposes within the comfort of their own homes. These products include various tools and devices for hair styling, skincare, oral care, and other personal care needs. They assist individuals in achieving desired hairstyles, removing hair, taking care of their skin, maintaining oral hygiene, and fulfilling other grooming requirements. Examples of these appliances include hair dryers, straighteners, curling irons, facial steamers, blackhead removers, LED face masks, electric toothbrushes, and water flossers. Ultimately, domestic beauty appliances are designed to offer convenience for everyday grooming and self-care routines.

MARKET DRIVERS

Technological advancements in beauty devices are driving the growth of the domestic beauty appliance market.

Some of the advancements include the emergence of smart sensors and IoT devices that record real-time data such as UV exposure and skin hydration, AI-powered personalized beauty treatments and virtual "try-on" apps, smart skincare tools, and advancements in laser treatments for the tightening and lightening of the skin. Additionally, there have been advancements in 3D printing technology for cosmetic products themselves. Overall, these technological advancements are changing the way people approach and engage with their grooming and beauty needs, increasing in demand for domestic beauty appliances.

The domestic beauty appliance market is experiencing growth due to the increasing demand for personalized beauty treatments. Consumers are actively looking for skincare and haircare products that cater to their individual needs and preferences. This trend has led to the rise of next-generation personalized beauty products and services that incorporate technologies like AI, IoT, and 3D printing. As the demand for personalized beauty treatments continues to expand, it is expected to fuel the growth of the personalized beauty devices market. More and more consumers are seeking the convenience and advantages of customized grooming and care solutions that can be enjoyed in the comfort of their own homes.

Collaborating with dermatologists and other industry experts is a strategy that can help manufacturers create better and more effective beauty devices. Dermatologists are experts in managing skin and hair diseases, and their knowledge can be used to design devices that are safe and effective to use for various skin and hair conditions. Collaborating with other industry experts such as engineers, chemists, and product designers can also help in the creation of high-quality beauty devices that meet consumer needs and preferences. By working together, manufacturers can gain a better understanding of the market, identify potential growth opportunities, and develop products that are both innovative and effective.

MARKET RESTRAINTS

The high cost of advanced beauty devices is one of the restraints of the domestic beauty appliance market.

Advanced beauty devices such as laser hair removal machines, microdermabrasion devices, and LED light therapy devices can be expensive, making them inaccessible to some consumers. Additionally, new technologies such as AI and IoT can also add to the cost of these devices. This high cost can deter some consumers from purchasing advanced beauty devices, which can limit the growth of the market.

Safety concerns related to using beauty devices at home are a legitimate issue and have been addressed in some of the available standards intended to ensure the safe use of personal grooming appliances. There are also safety concerns related to the use of LED face masks and at-home laser hair removal devices, although these devices are generally considered safe for amateur use. It is important for consumers to carefully read labels and follow instructions when using beauty devices at home. Additionally, safety concerns related to the use of herbal medicines and nail care products have also been identified. Overall, safety is a critical consideration for both manufacturers and consumers of domestic beauty appliances.

Impact of COVID-19 on the domestic beauty appliance market

The COVID-19 epidemic has influenced the home beauty appliance business, both positively and negatively. On the one hand, the growing number of individuals who work from home and practice social distancing has raised the demand for at-home beautification gadgets. However, the general decline in consumer spending during the pandemic has had an impact on the beauty industry's sales and revenues, particularly the domestic beauty appliance market. Despite the pandemic's obstacles, there are still prospects for growth in the home beauty appliance market.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

11.60%

Segments Covered

By Type, Application, and Region

Various Analyses Covered

Global, Regional, and Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, Asia Pacific, Latin America, Middle East, and Africa

 

Market Leaders Profiled

Panasonic Corporation, Philips N.V., Conair Corporation, Helen of Troy Limited, Tescom, TRIA Beauty, Inc.,  Braun, Babyliss, Remington, Nu Skin Enterprises.

 

SEGMENTAL ANALYSIS

Global Domestic Beauty Appliance Market By Type

Hair styling appliances dominate the domestic beauty appliance market. The appliance used for drying, straightening, curling, and volumizing hair is referred to as “hair styling appliances.” With the help of these devices, you may achieve salon-quality results at home.

Global Domestic Beauty Appliance Market By Application

The rise of online retail and e-commerce platforms has also had a notable impact on the domestic beauty appliance market.

The specialty stores segment holds a dominant position in the domestic beauty appliance market. Supermarkets, which are large retail establishments offering a wide range of products, including home beauty equipment, also play a significant role. These supermarkets typically allocate specific aisles or sections for cosmetics and personal care items, providing convenience for customers who prefer to physically browse and purchase beauty appliances while doing their regular grocery shopping. Specialty stores, on the other hand, focus on specific product categories such as cosmetics and personal care items. These stores cater to customers seeking a more specialized shopping experience for home beauty appliances. Online sales have gained significant popularity in recent years due to their convenience and wide product availability. Customers now have the option to purchase home beauty equipment through online channels, further contributing to the growth of the market.

REGIONAL ANALYSIS

North America currently dominates the domestic beauty appliance market. It is driven by factors such as increasing beauty consciousness and a focus on personal maintenance.

The industry's expansion is fueled by continuous technological innovations in both products and devices. In the Asia Pacific region, the home beauty appliance market is rapidly growing due to factors like rapid urbanization and a growing middle-class population. Consumers in this region have high levels of income and a strong inclination to invest in high-end beauty equipment. The domestic beauty appliance industry is experiencing growth worldwide, with each region influenced by different variables. Factors such as technological advancements, evolving beauty standards, and rising consumer awareness of personal grooming are key drivers of market expansion globally.

KEY MARKET PLAYERS

The key market players in the Domestic Beauty Appliance Market are Panasonic Corporation, Philips N.V., Conair Corporation, Helen of Troy Limited, Tescom, TRIA Beauty, Inc.,  Braun, Babyliss, Remington, and Nu Skin Enterprises.

RECENT HAPPENING IN THE MARKET

  • The latest grooming tool from Philips, the Philips OneBlade QP1424, was launched in May 2023. This innovative product is specifically designed for Generation Z, offering a perfect blend of safety, comfort, speed, and versatility. It provides young individuals in India with skin-friendly trim or shaves, empowering them to express themselves and enjoy freedom of movement.

  • Tata Group, a prominent Indian conglomerate, has plans to establish around 20 "beauty tech" stores by November 2022. These stores will leverage virtual cosmetics kiosks and digital skin testing to entice affluent young customers into purchasing high-end cosmetic products.
  • In August 2022, Panasonic introduced the nanoeTM Travel Hair Dryer (EH-NA2C-W), continuing their 80-year legacy of hair dryer innovation. This compact and portable hair dryer is an ideal styling tool for individuals with limited storage space at home or those who frequently travel. The EH-NA2C-W incorporates Panasonic's nanoeTM technology and an oscillating quick-dry nozzle, effectively hydrating, protecting, and drying hair.

DETAILED SEGMENTATION OF THE GLOBAL DOMESTIC BEAUTY APPLIANCE MARKET INCLUDED IN THIS REPORT

This research report on the global domestic beauty appliance market has been segmented and sub-segmented based on type, application, and region.

By Type

  • Hair Styling Appliance
  • Hair Removal Appliance

By Application

  • Supermarkets
  • Specialty Stores
  • Online Sales

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

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Frequently Asked Questions

What is the expected CAGR for the Domestic beauty appliance market during the forecasted period?

The expected CAGR for the domestic beauty appliance market is 11.60% during the forecasted period.

Who are the key market players in the domestic beauty appliance market?

Panasonic Corporation, Philips N.V., Conair Corporation, Helen of Troy Limited,

Which Region dominates the domestic beauty appliance market?

North America region dominates the domestic beauty appliance market.

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