Beauty Store Business - February, 20019

P&S Market Research

U.S. Beauty Devices Market Poised for Growth

It may be time for beauty retailers to up their offerings on at-home beauty devices—with an emphasis on hair removal.

The U.S. beauty devices market is rapidly increasing, according to a market research report published by P&S Market Research. Driven by a growing geriatric population, an increase in the prevalence of skin diseases and hair loss—and more healthcare expenditure, the market is expected to reach $32.5 billion by 2023.