SKIN CARE DEVICES MARKET OUTLOOK.
* The global skin care device market reached $9.1 billion in 2018 and is expected to reach $17.8 billion by 2024, according to VynZ Research. Primarily driven by factors such as Increasing cases of skin ailments, advancements in technology, increasing healthcare expenditure, growth in disposable income, and increasing usage of home use devices, the market is poised to grow at a CAGR of 12.0% during the forecast period (2019-2024).
The US skin care devices market is expected to grow at a CAGR of 11,2% during the forecast period with its market size predicted to reach $5.1 billion by 2024. Demand will remain high for premium skin care device brands. The high disposable income in the US leads to high affordability of the technologicaly advanced skin vare devices in the country.
More info: www.vynzresearch.com
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|Publication:||Household & Personal Products Industry|
|Date:||Jun 1, 2019|
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