Beauty Tools Market Share, Demand, Top Players, Industry Size, Future Growth By 2029

The beauty tools market size is growing sharply as people become more concerned about their looks and wish to appear healthy, attractive, and young. High demand for beauty tools is majorly associated to their ease of use, faster operation, and enhanced automation attributes.

Fortune Business Insights™ has examined these responses in a research report titled, "Beauty Tools Market, 2022-2029."

COVID-19 Impact-

Shifting Trends towards Natural Homemade Products Hindered Product Demand

Due to the COVID-19 outbreak, the demand for beauty tools decreased and major regions witnessed reduced number of people attending parties or weddings requiring make-up applications. Moreover, organic and natural homemade skin care products are becoming increasingly popular as consumers avoid utilizing beauty equipment due to a lack of knowledge and concern about being injured while using them, causing a significant shift in the industry.

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Fortune Business Insights™ lists out all the beauty tools market companies that are presently striving to reduce the impact of the Covid-19 pandemic on the market:

  • Avon Products (U.K.)
  • The Procter & Gamble Company (U.S.)
  • Edgewell Personal Care (U.S.)
  • Louis Vuitton LVMH (France)
  • Estee Lauder Companies Inc., (U.S.)
  • Shiseido Co. Ltd (Japan)

Report Coverage-

Secondary and primary sources are used to get a detailed overview of the study in a prominent way. The report's context also considers the qualitative and quantitative approaches to achieve a detailed analysis. Meetings with the upper management, such as the board of directors and employees, have contributed to thoroughly recognizing the industry in the best possible way. For secondary resources, various press releases and journals are used to fetch the details of the industry. The report also includes a COVID-19 analysis to boost the market coverage.

Drivers and Restraints:

Rising Penetration of Digital Campaigns Triggers Investment

The increasing number of promotional activities and campaigns by brands to promote awareness about tools and technology has fueled the demand for products. With their tutorial and training on online platforms, makeup artists and influencers have also contributed to the rise in demand for the product by attracting customers’ interest in creating their customized routines at home. Meanwhile, the beauty tools market growth is likely to be hampered by a lack of expertise in using beauty tools, particularly among home users.

Regional Insights

Growing Consumer Demand for Fashion Tools and Accessories Spurs Growth in North America

North America is expected to witness a significant rise in the beauty tools market share due to high distributional channels. Furthermore, there has been a surge in demand for fashion tools and accessories in the region due to the growing impact of popular culture on young people and adults. The high technological advancements in beauty and makeup tools have surged the product demand in the region.

The Asia Pacific is projected to experience a substantial increase due to growing consumer demand for equipment for regular styling needs. Moreover, strong demand for haircare and tweezers across China and India empowers digital trade in the marketplace.

Segments-

With regards to type, the market is divided into trimmers, tweezers, razors, haircare, sponges and puffs, manicure & pedicure tools, brushes & combs, and others. With respect to distributional channel, the industry is categorized into online and offline. In terms of geography, the market is categorized into the Middle East & Africa, Europe, South America, North America, and the Asia Pacific.

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Beauty Tools Market Size Highlights of the Report:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the Beauty Tools market.
  • Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Beauty Tools market

The Global Beauty Tools Market Research/Analysis Report Contains Answers to your following questions:

  • Which Manufacturing Technology is used for Beauty Tools ? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Beauty Tools Market? What are Their Company Profile, Their Product Information, and Contact Information?
  • What Was Global Market Status of Beauty Tools Market? What Was Capacity, Production Value, Cost and PROFIT of Beauty Tools Market?
  • What Is Current Market Status of Beauty Tools Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Beauty Tools Market Trends by Taking Applications and Types in Consideration?
  • What Are Projections of Global Beauty Tools Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
  • What Is Beauty Tools Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Beauty Tools Industry? What are Global Beauty Tools Analysis Results? What Are Global Beauty Tools Development Trends?
  • What Are Market Dynamics of Beauty Tools Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Beauty Tools Industry?

Competitive Landscape-

Leading Companies Focuses on Partnership to Boost Portfolios

Leading companies such as Gillette India Ltd launched three new razors with Flexball technology to gain a competitive edge. Major industry players are expected to invest in product launches, partnerships and mergers & acquisitions to get an additional lead.

Developments in the business include:

  • September 2021: Gillette India Ltd. introduced the 3D Flexball technology razor, which can turn and twist with facial contours to style better and sharper.
  • December 2020: Google joined hands with Perfect corp. and ModiFace to introduce an augmented reality framework which gives consumers a chance to try cosmetics products through the Goggle application.

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