Ashapatil555002 Mar, 2023Business
The key driving factors for the global beauty devices market growth include high disposable income, immense technological advancement, increasing awareness about beauty devices and services, increasing hormonal disorders, increasing prevalence of skin and hair problems, and rising geriatric population. Given the latest trends in this market, new players are entering the market, and existing players are focusing more on introducing technologically advanced devices. This spells more competition in the near future that can slow down the market growth due to cut-throat competition regarding low prices.
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