Beauty Tech - CIS
CIS- In 2024, the revenue in the Beauty Tech market in the CIS region is projected to reach US$64.24m.
- This market segment is expected to experience an annual growth rate of 9.23% (CAGR 2024-2029).
- When compared to other countries worldwide, United States generates the highest revenue in this market, amounting to US$1bn in 2024.
- Furthermore, in terms of per capita revenue, the CIS region generates US$0.26 per person in 2024.
- The beauty tech market in Russia is booming, with a wide range of innovative products and services catering to the growing demand for beauty and wellness technologies.
- 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
