Beauty Tech - Asia
Asia- In 2024, the Beauty Tech market in Asia is projected to generate a total revenue of US$4.42bn.
- It is anticipated that the market will experience an annual growth rate of 6.10% (CAGR 2024-2029).
- In comparison to other countries worldwide, United States is expected to generate the highest revenue of US$1bn in 2024.
- When considering the population size, the per person revenue in Asia is estimated to be US$0.97 in 2024.
- In South Korea, the beauty tech market is thriving with the rise of innovative skincare devices and AI-powered beauty apps.
- Key regions:
- Canada,
- Indonesia,
- India,
- United States,
- South Korea
Definition:
Beauty tech refers to the intersection of technology and the beauty industry. It encompasses the use of advanced technologies, such as artificial intelligence (AI), augmented reality (AR), and the Internet of Things (IoT), to enhance and revolutionize various aspects of the beauty and cosmetics sector. Beauty tech involves the development and application of digital tools and devices that aim to enhance beauty-related experiences, improve skincare routines, and provide personalized beauty solutions.
Additional Information:
The market comprises revenue and average revenue per capita. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). For more information on the displayed data, click the info button on the right side of each box.
In-Scope
- Personalized cosmetics devices
- AR beauty apps
- Smart beauty mirrors
- Smart skincare devices
- Electronic skincare devices
Out-Of-Scope
- Nailcare products
- Hair and oral care products
- B2B products
