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Beauty Devices Market will grow at a CAGR of 18.7% from 2014 to 2020, Globally by Persistence Market ResearchPersistence Market Research has released a new research report about the global beauty devices market. This includes devices such as hair removal devices, hair growth devices, acne devices, oxygen and steaming devices, etc. The report is titled 'Global Market Study on Beauty Devices: Asia to Witness Highest Growth by 2020', and estimates that the global beauty devices market will grow at a CAGR of 18.7% from 2014 to 2020. It will almost triple upon its 2014 value of US$19,389.1 million to reach an estimated value of US$54,186.9 million by 2020. Browse Report: http://www.persistencemarketresearch.com/market-research/beauty-devices-market.asp Rising pollution and solar UV ray contamination levels have increased the prevalence of skin diseases. This is an important driver of the global beauty devices market. Development and widespread availability of sophisticated medical facilities is also resulting in a large geriatric population, propelling the market for beautydevices that ameliorate the signs of aging. Increasing affluence among a majority of the world's population and the consequent rise in disposable income is also a prime driver of the global beauty devices market. However, different categories of the beauty devices market are expected to drive various regional markets during the report's forecast period.
Upcoming Report: In regions such as North America and Europe, where rising medical standards have increased the geriatric population and the developed economies has produced a uniformly affluent and sophisticated society, advanced beauty devices are driving the market. In contrast, in regions such as Asia Pacific and Latin America, where numerous economies are rapidly developing, relatively basic and less expensive devices are driving the beauty devices market. Due to its higher population and the higher scope for expansion in its developing countries, Asia Pacific accounts for a larger share of the global beauty devices market than North America or Europe.
Related Report: About Us Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across every major industry and its verticals. From ready-to-purchase market research reports to customized research solutions, PMR's engagement models are highly flexible without compromising on its deep-seated research values.
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