The North America Beauty Devices Market is expected to grow with a CAGR of 13.5% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.
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The North America beauty devices market is a highly consolidated market, which includes a specific number of key players. The market has witnessed increased strategic developments owing to a favorable market scenario. Some of the major players dealing in the North America beauty devices market are introducing a wide range of products along with adopting strategic initiatives such as acquisitions, agreements, business expansions, approvals, and awards and recognitions into the market. These help the companies maximize their sales with an enhanced product portfolio.
For instance:
- In January 2021, Candela Corporation, a leading global medical aesthetic device company, announced the availability of the Frax Pro system, an FDA-cleared, non-ablative fractional device for skin resurfacing with both Frax 1550 and the novel Frax 1940 applicators. This helped the company to expand its product portfolio of aesthetics in the global market.
Procter & Gamble is the dominating player in the North America beauty devices market. The other key players existing in the market are Nu Skin, CANDELA CORPORATION, Curallux LLC, FOREO, Koninklijke Philips N.V., Conair Corporation, Lumenis Be Ltd, Cynosure, Sciton, Inc., Fotona, Procter & Gamble, LUTRONIC, STRATA Skin Sciences, NuFACE, Spectrum Brands, Inc., Cutera, Merz North America, Inc., Panasonic Corporation among others.
PROCTER & GAMBLE
Procter & Gamble was founded in the year 1837 and is headquartered in Ohio, U.S. The company is engaged in manufacturing and commercializing wide range of consumer products across the world The various products of the company include Beauty, Grooming, Health Care, Fabric & Home Care, Baby, Feminine & Family Care out of which Beauty , Grooming is the market focused category.
For instance,
- In February 2019, Procter & Gamble launched the latest technology based Oral-B Genius X electric toothbrush; this product was based on artificial intelligence technology to track the location of people where they are brushing in their mouth and a smartphone app is provided with the personalized details on areas that require additional brushing. This development has enhanced the product portfolio of the company and helped in generating the revenue of the company.
The company has a wide presence across Europe, North America, South America, Asia-Pacific, Middle East and Africa. The company has various subsidiaries, such Gillette India Ltd. (India), Procter and Gamble Hygiene and Health Care (India), Walker & Company (U.S.), Duracell (U.S.), Procter & Gamble (Guangzhou) (China), among others.
KONINKLIJKE PHILIPS N.V.
Koninklijke philips N.V. was founded in the year 1891 and is headquartered in Amsterdam, Netherlands. The company is engaged in offering diagnostic imaging, patient monitoring, image-guided therapy and health informatics and also solutions in consumer health and home care. The various products of the company include Diagnosis & Treatment Businesses, Personal Health Businesses, and Connected Care & Health, Others out of which Personal Health Businesses is the market focused category.
For instance,
- In July 2020, Koninklijke Philips N.V announced that they have launched latest technology based new range of DIY female grooming products which is useful for the facial beauty and hair care. The products are intelligent microprocessor enabled which adapt real time and deliver unique care. This development enhanced the product portfolio of the company.
The company has a presence in Europe, North America, South America, Asia-Pacific, Middle East and Africa.
Panasonic Corporation
Panasonic corporation was founded in the year 1918 and is headquartered in Osaka, Japan. The company is engaged in manufacturing and commercializing of wide range of consumer products across the world. The various products of the company include Microwave, Telephones, Beauty Care, Personal Care Camera & Camera cord, Home Appliances and Others out of which Beauty Care and Personal Care is the market focused category.
For instance,
- In January 2022, Panasonic Corporation announced that it had showcased its new products, latest innovations and smart partnerships at CES 2022. This will help the organization to build its market growth.
The company has a presence in Europe, North America, South America, Asia-Pacific, Middle East and Africa. The company has various subsidiaries, such as Panasonic UK (U.K.), Panasonic Australia (Australia), Anchor Electricals (India), Panasonic Corporation Of North America (U.S.), Panasonic Korea Ltd. (South Korea), among others.
