Beauty Tech - G7
G7- In 2024, the revenue generated in the Beauty Tech market in G7 amounts to US$3.92bn.
- This market is projected to experience an annual growth rate of 4.00% (CAGR 2024-2029).
- When comparing this market globally, United States leads with a revenue of US$1bn in 2024.
- In terms of per capita figures, each person in G7 is expected to generate a revenue of US$5.03 in 2024.
- The Beauty Tech market, with its significant revenue and growth potential, holds a prominent position in the G7 market segment.
- In the beauty tech market, Japan's innovative skincare devices and high-tech beauty gadgets are leading the way.
- 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
