Public data shows that the global home beauty instrument market is increasingly rising, with an expected compound annual growth rate of 20.2% between 2013 and 2023.
And China is also one of the fastest-growing beauty device markets in recent years. According to public information, on June 18th this year, the sales of beauty appliances on JD.com platform increased by 300% year-on-year, while the sales of beauty equipment on Tmall platform increased by 8 times. The sales revenue of beauty instruments in the Chinese market is expected to reach 8.26 billion yuan by 2020.
These data are sufficient to reflect the great development potential of beauty equipment products in the domestic beauty market.
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