[180 Pages Report] The Beauty & Salon Equipment Market size was estimated at USD 12.04 billion in 2023 and expected to reach USD 13.11 billion in 2024, at a CAGR 9.31% to reach USD 22.46 billion by 2030.
The beauty & salon industry provides services to clients to enhance their appearance and overall well-being. Beauty & salon equipment caters to various treatments, such as hair styling, skincare, nail care, makeup application, and more. The beauty & salon tools are designed with precision, efficiency, and comfort to create a seamless experience for professionals and clients in styling and treating skin, hair, and nails. Increasing awareness about personal grooming and appearance, urbanization and changing lifestyles, and social media influence have significantly increased the demand for beauty & salon equipment. However, the premium equipment and technologies may be costly for smaller salons or independent professionals, impacting the market growth. Furthermore, the innovations such as advanced hair styling tools, skincare devices, and increasing eCommerce platforms are expected to offer growth opportunities to the beauty & salon equipment market.
Regional Insights
The Americas region, predominantly led by North America’s well-established beauty industry infrastructure, continues to observe steady growth in beauty & salon equipment sales. The high adoption rate of advanced technologies in this region results from customers’ willingness to spend on premium products offering better performance or sustainability credentials. In the APAC region, there has been a surge in demand for advanced beauty & salon equipment due to a rapidly growing middle-class population with higher disposable income. Additionally, emerging economies, including India and China, are witnessing increased urbanization, leading to greater spending on personal care products and services. Furthermore, APAC countries’ cultural emphasis on maintaining a youthful appearance has fueled the demand for innovative skincare devices that offer non-invasive treatments.
In the EMEA region, European countries are known for their strong heritage in cosmetics manufacturing and innovation. In addition, African countries have observed an upswing of interest among consumers seeking professional haircare services catering to their unique hair types. This shift towards professional haircare services has opened new opportunities for manufacturers developing specialized hair care tools tailored to these needs. Furthermore, multiple governments have launched initiatives aimed at promoting the beauty sector in the Middle East, which is expected to contribute positively to the beauty & salon equipment market growth.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Beauty & Salon Equipment Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Beauty & Salon Equipment Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Beauty & Salon Equipment Market, highlighting leading vendors and their innovative profiles. These include Alma Lasers Ltd., BabylissPRO, Candela Corporation, Clinique Laboratories, LLC, Conair LLC, Cutera, Inc., Dyson, Elchim s.p.a., FOREO AB, Jemella Limited, Koninklijke Philips N.V., LightStim International, Inc., Lumenis Be Ltd., L’Or?al S.A., MTG Co., Ltd, Nu Skin Group, Panasonic Holding Corporation, Parlux, Proactiv by Taro Pharmaceuticals USA Inc., QuasarMD, Remington by Spectrum Brands, Inc., Revlon Consumer Products LLC, TRIA BEAUTY, Trophy Skin Products LLC, VEGA Industries Private Limited, YA-MAN LTD., and ZIIP Inc..
Market Segmentation & Coverage
This research report categorizes the Beauty & Salon Equipment Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Product Type
- Acne Devices
- Cleansing Devices
- Cooling & Heating Devices
- Hair Removal Devices
- Hair Styling Devices
- Micro-Needle Therapy System
- Oxygen & Steamer Devices
- Rejuvenation Devices
- RF Devices
- Ultrasound Devices
- HIFU/treatment Machines
- SONO/massage Machines
- Vibration Machines
- Applications
- Acne/inflammation Improvement
- Hair Care & Styling
- Massager & Body Contouring
- Nail Art & Care
- Skin Tightening & Whitening
- End-use
- Personal
- Salon
- Skincare Clinics
- Spa
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the Beauty & Salon Equipment Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Beauty & Salon Equipment Market?
- What are the technology trends and regulatory frameworks in the Beauty & Salon Equipment Market?
- What is the market share of the leading vendors in the Beauty & Salon Equipment Market?
- Which modes and strategic moves are suitable for entering the Beauty & Salon Equipment Market?
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