Skip to main content
  1. Market Insights
  2. Consumer
  3. Beauty & Personal Care

Beauty Tech - Southern Asia

Southern Asia
  • The Beauty Tech market in Southern Asia is projected to generate a revenue of US$579.70m in 2024.
  • This market segment is expected to grow annually by 3.54% (CAGR 2024-2029).
  • In comparison to other countries, United States leads the global market with a revenue of US$1bn in 2024.
  • When considering the total population, the per person revenue in Southern Asia is estimated to be US$0.30 in 2024.
  • In Southern Asia, the beauty tech market is rapidly expanding with a focus on innovative skincare devices and personalized beauty apps.

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
Beauty Tech: market data & analysis - Cover

Market Insights Report

Beauty Tech: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Nov 2024

    Source: Statista Market Insights

    Most recent update: Nov 2024

    Source: Statista Market Insights

    Sales Channels

    Most recent update: Oct 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Nov 2024

    Source: Statista Market Insights

    Methodology

    Data coverage:

    The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

    Additional notes:

    The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.

    Consumer

    Access more Market Insights on Consumer topics with our featured report

    Beauty Tech: market data & analysis - BackgroundBeauty Tech: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Contact

    Get in touch with us. We are happy to help.