DUBLIN–(BUSINESS WIRE)–The “Next-Generation Personalized Beauty Global Market Report 2022” report has been added to AnalysisAndMarkets.com’s providing.
The international subsequent-technology personalised magnificence market is anticipated to develop from $29.25 billion in 2021 to $37.72 billion in 2022 at a compound annual development charge (CAGR) of 11.87%. The market is anticipated to succeed in $51.64 billion in 2026 at a CAGR of 12.08%.
The subsequent-technology customized magnificence market consists of gross sales of subsequent-technology customized magnificence companies and merchandise by entities (organizations, sole merchants, and partnerships) which might be concerned in customized magnificence. Next-generation customized magnificence consists of services and products which might be customized or designed based on the wants of each particular person. Next-generation customized magnificence merchandise may be present in numerous ranges from skincare resembling physique lotion, lotions to haircare and make-up.
The major product sorts within the subsequent-technology personalised magnificence market are skincare, haircare, make-up, fragrances, and others. The subsequent-technology personalised magnificence skincare consists of personalised skincare services and products. Skincare personalization consists of the method of understanding the consumer’s pores and skin higher, suiting its wants, and likewise choosing the merchandise which might be appropriate for pores and skin in a selected surroundings. Next-generation personalised magnificence is utilized by way of consultations/digital questionnaires, apps, specialised {hardware}, house take a look at kits, and others.
The rising concern of customers relating to pores and skin issues resembling zits, chilly sores, blisters, and hives throughout the globe is contributing to the expansion of the following-technology personalised magnificence market. Skin ailments may be momentary or everlasting, painless or painful, and situational or genetic. With the rising variety of pores and skin issues, individuals are changing into extra aware of their pores and skin and choosing personalised companies and merchandise to beat pores and skin issues.
According to the Medscape report 2020, roughly 50 million Americans endure from zits annually, with 80 % of Americans having zits in some unspecified time in the future of their lives. Further, round 50 million males and 30 million girls are affected by hair loss resulting from pores and skin ailments. Skin ailments rank fourth among the many commonest causes of all human diseases, which have an effect on round one-third of the world’s inhabitants. The enhance in pores and skin issues amongst customers is demanding extra personalised options, driving the marketplace for subsequent-technology personalised magnificence.
Companies within the subsequent-technology personalised magnificence market are strategically partnering and collaborating with different firms to broaden their product portfolios and develop their subsequent-technology personalised magnificence merchandise. For instance, in April 2021, Revieve, a US-based mostly firm engaged in providing personalised merchandise, companies, and coverings, entered right into a partnership with BABOR, a Germany-based firm providing customised skincare options to its prospects.
In July 2021, AptarGroup, Inc., the US-based mostly private care, magnificence, and pharmaceutical firm, entered right into a strategic collaboration with Yan An Tang, a China-based firm that provides personalized, personalised skincare merchandise, nursing packages, and one-on-one skincare consultations.
In June 2021, Hims & Hers Health, Inc., a US-based mostly firm that provides personalised well being and wellness companies to prospects by way of a multi-specialty telehealth platform, acquired Apostrophe for an undisclosed deal quantity.
Through the acquisition, Hims & Hers expands its functionality to offer essentially the most superior and personalised dermatology remedies to customers at a quick tempo and on a bigger scale. Apostrophe is a teledermatology firm that provides customized dermatology companies to customers by connecting them with its dermatologist.
Key Topics Covered:
1. Executive Summary
2. Next-Generation Personalized Beauty Market Characteristics
3. Next-Generation Personalized Beauty Market Trends And Strategies
4. Impact Of COVID-19 On Next-Generation Personalized Beauty
5. Next-Generation Personalized Beauty Market Size And Growth
5.1. Global Next-Generation Personalized Beauty Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Next-Generation Personalized Beauty Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Next-Generation Personalized Beauty Market Segmentation
6.1. Global Next-Generation Personalized Beauty Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Skincare
Haircare
Make-Up
Fragrances
Others
6.2. Global Next-Generation Personalized Beauty Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Consultation/Digital Questionnaires
Apps and Specialized Hardware
Home Test Kits
Others
7. Next-Generation Personalized Beauty Market Regional And Country Analysis
7.1. Global Next-Generation Personalized Beauty Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Next-Generation Personalized Beauty Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Companies Mentioned
Ulta Beauty
Proven Skincare
Bite Beauty
Curology
Estee Lauder
Coty
Function of Beauty
Insitu Cosmetics
Fitskin
Krigler
Kiehl’S Apothecary Preparations
Codage
Skinceuticals Custom D.O.S.E.
Skinshift
the Buff
Dermacare Skin
Esalon
Romy Paris
Duolab
Prose
Nomige
Atolla
Ave & Edam
Preemadonna
Labote
Orig3N
Skin Authority
Nu Skin
Ioma Paris
Sephora
Skintelli
For extra details about this report go to https://www.researchandmarkets.com/r/kmhu6d
https://www.businesswire.com/information/house/20220718005407/en/Next-Generation-Personalized-Beauty-Global-Market-Analysis-Report-2022—AnalysisAndMarkets.com
