Beauty Tools Market, Size, Share, Industry Growth and Recent Trends by Forecast to 2027
Beauty services are
receiving augmented attention as the demand for beauty and makeup goods
develops. Different cosmetic products and their application fit for different
skin types produce effective results that are estimated to boost the market. As
per MRFR, the market is estimated to gain a CAGR of 17.40%, leading to revenue
generation of USD 97 882.1 million by 2025.
The advent of beauty and
makeup tutorials and the growing trend of on-demand beauty services will boost
the global market over the forecast period. The development of
online/e-commerce platforms where consumers may employ more customization
techniques to purchase beauty items based on their tastes would aid long-term
market expansion.
Key
Players
The
illustrious contenders in the Beauty Tools Market Share are Estée Lauder
Companies Inc. (US), L'Oréal SA (France), Paris Presents Incorporated (US),
Shiseido Co. Ltd. (Japan), Coty, Inc. (UK), e.l.f. Cosmetics, Inc. (US),
Procter & Gamble Company (US), Avon Products, Inc. (UK), and Edgewell
Personal Care (US).
Market Segmentation:
The Beauty Tools Market Share segmental overview is
conducted based on end use, distribution channel, type, and region. The Beauty
Tools Market Share type segment consists of hair care brushes & combs,
razors, trimmers, manicure & pedicure tools, sponges & puffs, and
tweezers. Based on end-use, the Beauty Tools Market Share consists of household
and commercial. On the basis of distribution channels, the Beauty Tools Market
Share consists of store-based and non-store-based. The Beauty Tools Market
Share region segment consists of North America, Europe, Asia-Pacific, and other
global regions.
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Regional Analysis
The Beauty Tools Market Share analysis includes
regions such as North America, Europe, Asia-Pacific, and the rest of the world.
During the forecast period, North America will attain the most market share.
Europe is projected to have the second-largest share of the worldwide market
owing to its consumers' amplified proclivity to use beauty equipment. Due to
intensifying beauty product expenditure and customer predilections for branded
products, Asia-Pacific is predicted to be the fastest-growing Beauty Tools
Market Share through the study period. The introduction of numerous types of
makeup fit for each skin type simplifies its business. Celebrity endorsements
and social media marketing are predicted to boost the development of the
personal and beauty care products industry, increasing demand for beauty
equipment.
NOTE: Our Team of Researchers
are Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
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