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According to a new report by EMR titled, ‘Global Microdermabrasion Devices Market Report and Forecast 2022-2027’, the market attained a value of almost USD 496 billion in 2021. The industry is further expected to grow at a CAGR of 9.10% in the forecast period of 2022-2027 to reach a value of USD 837 billion by 2027.
The global microdermabrasion devices industry is being driven by the growing emphasis of consumers on visual appeal and aesthetic appearance. This can be associated with the rising issues of skin diseases and allergies requiring special care and treatment, especially among the youth dealing with serious acne and scarring issues. Additionally, the anti-ageing solutions are also witnessing a huge demand, owing to the rapidly increasing geriatric population globally. Moreover, the increased demand for the prevention of skin deformities is also leading to the increased adoption of microdermabrasion devices. These factors are estimated to positively impact the industry growth in the forecast period.
The growing availability of a wide range of microdermabrasion devices across online channels that can be administered at home is predicted to aid the market growth. This is further being fuelled by the growing preference for online shopping among consumers, owing to the availability of discounts and timely home delivery services. For instance, a range of microdermabrasion solutions is available on Amazon (NASDAQ: AMZN) at various price points. In addition, the consumers can read and write reviews and compare the available products to find the best fit for their requirements. Apart from this, the inflating disposable incomes, improved living standards, and rapid urbanisation are expected to further propel the market demand in the coming years.
Market Breakup by Type, Application, End User, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global microdermabrasion devices market are Koninklijke Philips N.V., Altair Instruments, ImageDerm Inc., Sylvan Inc., Lancer Skincare LLC, Silhouet-Tone Corporation, and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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