NEW YORK, Sept. 16, 2021 /PRNewswire/ — The global home-use beauty devices market value is set to reach $89,535.1 million in 2030 from $9,571.6 million in 2020, at a 25.1% CAGR between 2020 and 2030, according to the market research report published by P&S Intelligence.
The market is advancing because of:
- Booming Geriatric Population: Age has drastic effects on appearance, in the form of stretch marks, fine lines, wrinkles, loose skin, pigmentary alteration, and dryness. As a result and due to the growing effort on looking young and beautiful, the elderly are procuring home-use beauty devices in massive volumes.
- Rising Dermatological Disease Prevalence: Another key driver for the home-use beauty devices market is the increasing number of people suffering from photo-aging, acne, dyspigmentation, hyperpigmentation, psoriasis, deep wrinkles, freckles, atopic dermatitis, and melasma, all of which harm the skin and physical appearance. Many such diseases can be treated or managed with the help of beauty devices, which is why their sales are increasing.
During the COVID-19…