Home Beauty Equipment Market Development Trend
With the development of the country, people's economic level is getting higher and higher. More and more people pay more and more attention to their own maintenance, which also makes the home beauty equipment market is more and more extensive. According to research data, the market size of China's medical aesthetic devices industry is 42.54 billion yuan in 2020, and it is expected that the market size of China's medical aesthetic devices will exceed 50 billion yuan in 2021.
The report also shows that as of June 25, 2021, the registered capital of relevant enterprises in China's medical beauty device industry is mostly less than 1 million yuan, accounting for 36%, which indicates that there are a large number of small medical beauty device enterprises in the industry. From the perspective of enterprise ownership, companies with limited liability account for more than 80%, and individual industrial and commercial enterprises account for 16%
According to the 2020 Online Home Beauty Device Consumption Insight Report, 59 percent of 3,000 female Internet users aged 20 to 49 said they have used at least one home beauty device. In 2021, the domestic beauty equipment market is expected to reach 10 billion yuan.
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