The facial steamer market is anticipated to have reached a valuation of USD 479.2 million in 2024. The market has progressed from USD 448.1 million in 2023. The market is predicted to grow at an exceptional CAGR of 9.50% over the forecast period of 2024 to 2034. By 2034, the size of the Facial Steamer Market is expected to have ballooned to USD 1,189.40 million.
Facial Steamer Market Analysis and Insights
Attributes | Details |
---|---|
Facial Steamer Market Value for 2024 | USD 479.2 million |
Projected Market Value for 2034 | USD 1,189.40 million |
Value-based CAGR of Market for 2024 to 2034 | 9.50% |
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The Facial Steamer Market is projected to grow at a rate far eclipsing the rate during the historical period from 2019 to 2023. Rising health-conscious individuals and other factors are all suggested to contribute to the immense growth in the market.
Historical market valuation, 2023 | 448.1 million |
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On the other hand, the demand for advanced technology during the COVID-19 pandemic has increased. Also, the adoption rate of health-related products increased at the time, leading to immense growth observed in the Facial Steamer Market.
The facial steamer market can be split up into two segments: Types and Applications. By looking at the segments, the preference of the consumers for feminine hygiene remains high.
The handheld facial steamer segment is expected to grow with a market share of 59.40% over the forecast period. The handheld facial steamer segment is dominating the market owing to its increasing use of technology and non-ionic steam technology across the world.
Attributes | Details |
---|---|
Top Product Type | Hand – held facial steamer |
Market Share in 2024 | 59.40% |
The household/home segment is expected to grow with a market share of 40.40% over the forecast period. The handheld facial steamer segment is dominating the market owing to its increasing trend of personal care among people is leading to the adoption of facial steamer in households.
Attributes | Details |
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Packaging | Flexible packaging |
Market Share in 2024 | 40.40% |
The scope of the market for near-infrared imaging is increasing with time. However, certain regions account for a majority of the share in the market.
North America, Europe, and the Asia Pacific dominate the market. The rising trends in Europe and North America are aiding the sales of infrared technology. The increasing population of the Asia Pacific aids the growth of the market in the region.
Countries | CAGR in 2024 |
---|---|
United States | 8.40% |
United Kingdom | 9.50% |
Japan | 9.70% |
China | 8.80% |
Australia | 14.70% |
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The key players are increasingly leveraging the benefits of collaborations. Manufacturers are taking advantage of partnerships with hospitals, mergers with other manufacturers in the market, acquisitions, and more collaborative strategies.
The facial steamer market does not feature highly dominant manufacturers. Instead, the market is fragmented, with several key players enjoying their share.
Recent Developments in the Facial Steamer Market
In 2024, the size of the facial steamer market is estimated to be USD 479.2 million.
The increasing popularity of organic and natural products across the world is one of the major trends in the facial steamer market.
The facial steamer market is expected to progress at a remarkable CAGR of 9.50% during the period from 2024 to 2034.
By 2034, the size of the facial steamer market is forecasted to have reached USD 1,189.40 million.
Beurer GmbH, Secura, Revlon, Belsin Outdoors, LLC, Ivation, Panasonic, Conair, Homedics, Pure Enrichment, BeautyPro are some of the prominent players in the facial steamer market.
Estimated Market Size (2024E) | USD 11,304.6 million |
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Projected Market Size (2034F) | USD 15,640.7 million |
Value-based CAGR (2024 to 2034) | 3.3% CAGR |
Expected Base Year Value (2024) | USD 457.20 million |
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Anticipated Forecast Value (2034) | USD 749.20 million |
Estimated Growth (2024 to 2034) | 5.10% CAGR |
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