Global Male Aesthetics Market 2017-2021

Global male aesthetics market forecast

According to the male aesthetics industry analysis, Technavio’s market research analyst predicts the global male aesthetics market to grow steadily at a CAGR of above 7% by 2021. One of the primary drivers for this market is the rise in the demand for non-surgical procedures. This rise in a number of non-surgical procedures is due to the growth in the popularity and acceptance of minimally invasive and non-invasive procedures for facial resurfacing and body contouring procedures, hair removal, and hair regrowth, especially among men. For instance, laser treatments are among the most popular non-invasive procedures in demand. Other than laser hair removal, the laser is also gaining popularity in fat and cellulite removal treatment. Consequently, the increased advantages provided by invasive and non-invasive procedures have increased the level of preference and acceptance of male aesthetics, thus contributing to the revenue of the global male aesthetics market.   

One of the latest trends gaining traction in this market is the increasing adoption of home-use energy-based aesthetic devices. It has been observed that there is a rise in demand for home-use energy-based aesthetic devices among consumers. This is because they provide substantial savings in terms of cost and time as compared to visits to beauty clinics. Moreover, the increasing awareness of the home-use aesthetic devices coupled with the improvement in features such as ease of use and safety is increasing the adoption of the products across the globe. This increasing adoption of home-use products will, in turn, augment the male aesthetics industry growth during the forecast period.

Competitive landscape and key vendors