According to a new report published by K D Market Insights, titled, “Complexion Analysis System Market Insights, Trends, Opportunity Forecast, 2023–2032,” the global complexion analysis system market size is anticipated to witness moderate growth during the forecast period i.e., 2023-2032. Increasing demand for skin care products and treatments, Growing popularity of online shopping, rising awareness of the importance of skin health, Technological advancements and popularity of DIY beauty products which are the major factors augmenting the growth of the global complexion analysis system market. The global complexion analysis system market is anticipated to grow at a high CAGR of 15.7% from 2023 to 2032. The market's revenue surged to $339.6 million in 2022, and it is expected to further accelerate, reaching a notable $1459.8 million by 2032.
People are increasingly more the usage of skin care produce and treatments to enhance the arrival in their skin and to prevent skin issues, is further expected to create ample growth opportunities for the global complexion analysis system market during the forecast period i.e., 2023-2032. Moreover, there is a developing consciousness of the significance of skin fitness among individuals of every age, has propelled market expansion. The recognition of DIY beauty merchandise, is expected to contribute towards the market growth during the period.
The Asia-Pacific region accounted for the largest share in the global complexion analysis system market in 2022. The region is further projected to continue dominating in the market during the forecast period. This can be attributed to the high demand for skin care products and treatments ,Rapid urbanization and increasing disposable incomes.
According to product type, the skin care segment accounted for the largest market share in the complexion analysis system market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 – 2032.
The global complexion analysis system market is segmented into product type, component, end-users and region. Based on product type, the market is bifurcated into skin, body, face, and spa. Based on component, it is classified into hardware, software, services. Based on end-users, it is classified into hospitals industry, sanus per aquam, and skin cosmetic market.
The global complexion analysis system market is analyzed across North America (U.S. Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East Africa).
Key Insights of Complexion Analysis System Market
- On the basis of product type, the skin care segment accounted for the largest market share in the complexion analysis system market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 – 2032.
- On the basis of region, Asia-Pacific accounted for the largest share in the global complexion analysis system market in 2022. The region is further projected to continue dominating in the market during the forecast period.
- On the basis of region, North America is estimated to account for the second largest share in the market during the forecast period.
Some of the major complexion analysis system companies profiled in the report include MyChelle, HS Design, Canfield Scientific, NeoDerma Medical, Elevare MD, Information system laboratory, Advanced Dermatology Care.
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