This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
LED Light Face Mask Products Market Size, Share, & Trends Analysis Report (2023 – 2030)
GET A FREE SAMPLE
Report Overview
The global LED light face mask products market was valued at USD 2.3 billion in 2022 and is projected to expand at a CAGR of 18.2% from 2023 to 2030. A growing focus on skin health and skin appearance has resulted in the increasing demand for LED light face mask products. The increasing penetration of the internet, rising disposable incomes, and the availability of a wide range of products are further driving the growth of the market. Additionally, the rising trend of facial spa and facial skin treatments is expected to propel the demand for LED light face mask products.
The rising trend of facial spa and facial skin treatments has increased the awareness about skin health and skin appearance among consumers. As a result, the demand for LED light face mask products is on the rise. Furthermore, the increasing penetration of the internet has enabled consumers to easily access information about products, prices, and offers. This is driving the demand for LED light face masks. Additionally, the rising disposable incomes of consumers is further driving the market growth.
The increasing use of LED light face masks for skin rejuvenation, skin revitalization, and skin toning is driving the demand for the market. Furthermore, the increasing availability of products with unique features and customized services is further driving the growth of the market. For instance, in December 2021, ZIIP Beauty launched a new product, the ZIIP Nano Gold Electrical Facial Device, which combines microcurrents and gold electron therapy to help improve skin health.
The growing trend of at-home beauty treatments is also driving the demand for LED light face masks. Consumers are increasingly opting for at-home treatments due to the convenience and privacy offered by these products. Additionally, the rising awareness about the benefits of LED light face masks is another factor driving the market growth. For instance, LED light face masks are said to reduce wrinkles, improve skin texture, and reduce acne.
The rising trend of premiumization in the LED light face mask products market is also driving the market growth. Key players are launching premium LED light face mask products with advanced features and improved performance. For instance, in April 2021, LightStim launched a new product, the LightStim Professional LED Light Therapy Wand, which is a professional-grade LED light therapy device. This device is said to deliver professional-level light therapy treatments at home.
In addition, the increasing adoption of advanced technologies such as AI and IoT for product development is expected to create lucrative opportunities for market participants. For instance, in April 2021, Neutrogena launched a new product, the Neutrogena Skin360, which is an AI-powered skin analysis system that uses a custom-made camera to analyze skin from multiple angles. This system is said to provide personalized skin care advice to users.
Product Insights
LED light face masks are expected to witness the highest CAGR of 16.4% during the forecast period. LED light face masks are becoming increasingly popular in the cosmetic industry, owing to their ability to provide a wide range of skin benefits, such as acne reduction, reduced wrinkles and age spots, improved skin tone, better hydration, and improved circulation. In addition, the demand for LED light face masks is increasing due to rising awareness among consumers regarding their benefits, coupled with increased affordability. Furthermore, the rising trend of using natural and organic skin care products is another factor driving the market growth.
The blue LED light segment accounted for the largest market share in 2020. Blue LED light face masks have anti-bacterial and anti-inflammatory properties, which help to reduce acne and inflammation. In addition, blue LED light face masks are used to treat hyperpigmentation, reduce redness, and even out skin tone. Moreover, blue LED light face masks are also used to reduce signs of aging, such as wrinkles and fine lines.
Distribution Channel Insights
The supermarkets and hypermarkets segment accounted for the largest share of the LED light face mask products market in 2022. The growth of the segment is mainly attributed to the rising consumer inclination towards supermarkets & hypermarkets as a primary source to purchase beauty and personal care products. In addition, supermarkets and hypermarkets offer a wide range of LED light face mask products and assist customers in making rapid purchasing decisions for the required LED light face mask products.
The online segment is anticipated to expand at the highest CAGR of 13.5% over the forecast period. The increasing penetration of internet and the growing usage of smartphones have propelled the growth of the online segment. In addition, the rising number of online stores such as Amazon and Flipkart, offering LED light face mask products at discounted prices are anticipated to drive the growth of the segment. Further, the increasing number of social media influencers promoting LED light face mask products on their channels is expected to fuel the demand for LED light face mask products.
Type Insights
The non-medical segment accounted for the largest revenue share of 85.3% in the year 2022. The non-medical segment is driven by the rising demand for phototherapy masks in spas and beauty salons for facial treatments and skincare. The increasing trend of at-home beauty and skincare treatments is expected to drive the market for the non-medical segment in the forecasted period.
The medical segment is anticipated to expand at the highest CAGR of 10.5% over the forecast period. The medical segment is driven by the growing awareness regarding the health benefits of light therapy masks. Light therapy masks are used in the medical field to treat skin conditions such as acne, wrinkles, and pigmentation. The introduction of new light therapy masks by major companies such as Neutrogena and Philips is also expected to drive the medical segment.
Regional Insights
The Asia Pacific region dominated the market and accounted for the largest market share in 2021. Over the past years, the beauty and skincare industry in the region has grown significantly, owing to the rising awareness among consumers regarding the benefits of these products. The region is also home to leading skincare and beauty product manufacturers, such as Shiseido, Kose, and Unilever, who have been developing innovative and advanced products. This factor is expected to drive the growth of the LED light face mask products market in the region.
North America is expected to witness significant growth over the forecast period. The increasing popularity of LED light face masks among the urban population is a key factor driving the market growth in the region. North America is home to prominent players, such as Neutrogena, Philips, and Lumenis, who manufacture technologically advanced LED light face masks for home use. For instance, in October 2021, Lumenis launched the ClearTouch Photon LED Mask in the U.S., Canada, and Mexico.
Financial Projections
In this part of the LED Light Face Mask Products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your LED Light Face Mask Products business. Usually, these projections are drafted for a 5-year period.
Revenue Assumptions
The main source of revenues for the LED Light Face Mask Products business comes from the sale of the product itself. Other sources of revenue include wholesale and bulk orders, advertising, and any other services provided in conjunction with the product.
Projecting Expenses
In this section, all the regular expenses related to keeping the LED Light Face Mask Products business running will be described. The list of operating expenses includes product development costs, manufacturing costs, marketing and advertising, salaries, utilities, insurance policies, and any other necessary expenses.
Key companies & market share insights
Some of the key companies operating in the LED light face mask market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:
– In July 2022, Neutrogena launched its Light Therapy Acne Spot Treatment, a face mask that uses red and blue LED lights to target and treat acne.
– In August 2022, Philips launched its LED light therapy face mask, a device that uses LED light to reduce signs of aging and improve skin health.
– In October 2022, Dr. Dennis Gross Skincare launched its SpectraLite FaceWare Pro LED light mask which uses red and blue light to reduce wrinkles and improve skin tone.
Some of the prominent players in the LED light face mask market include:
– Neutrogena
– Philips
– Dr. Dennis Gross Skincare
– Skin Inc.
– Project E Beauty
– L’Oreal Paris
– Dermashine
– Trophy Skin
– Tria Beauty
– LightStim
Global LED Light Face Mask Market Segmentation
This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global LED light face mask products market based on product type, application, distribution channel and region:
1. Product Type Outlook (Revenue, USD Million, 2017 – 2030)
– LED Light Therapy Face Masks
– LED Light Therapy Handheld Devices
2. Application Outlook (Revenue, USD Million, 2017 – 2030)
– Acne Treatment
– Skin Rejuvenation
– Skin Tightening
– Others
3. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)
– Online
– Offline
4. Regional Outlook (Revenue, USD Million, 2017 – 2030)
– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa
Frequently Asked Questions
[Q]: What are the Key Benefits of LED Light Face Masks?
[A]: LED light face masks are known to have various benefits, such as boosting collagen production, reducing fine lines and wrinkles, improving skin texture and tone, reducing acne, and lightening dark spots. LED masks are also known to reduce inflammation and redness, improve circulation and lymphatic drainage, and reduce the appearance of enlarged pores.
[Q]: Who are the Key Players in the LED Light Face Mask Market?
[A]: Some of the key players in the LED face mask market include LightStim, Neutrogena, Trophy Skin, Project E Beauty, YOOVE, YEOUTH, and Project E Beauty.
[Q]: What is the Potential of Product Innovation?
[A]: With the increasing demand for innovative products and rising competition, manufacturers are focusing on product innovation. Companies are introducing portable and cordless LED face masks to cater to the needs of customers. Additionally, manufacturers are also focusing on introducing new features to the existing products such as different light settings and the ability to customize the program according to the skin type.
[Q]: Which Regions Offer the Largest Opportunities for Sales of LED Light Face Masks?
[A]: The Asia Pacific is expected to be the largest and fastest-growing market for LED face masks due to the presence of large population of consumers and rising purchasing power. The region is expected to be the largest and fastest-growing market for LED face masks due to its increasing awareness among the consumers.
[Q]: What are the factors driving the LED light face mask market?
[A]: Factors such as the increasing demand for innovative products, rising disposable income, and the increasing awareness about the benefits of LED light face masks are expected to drive the growth of the LED light face mask market. Additionally, the increasing popularity of social media and the growing trend of home-based skin treatments are also contributing to the growth of the market.
Research Methodology
Impact Analytix employs a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. In Addition, a recurring theme prevalent across all our research reports is data triangulation which looks market from three different perspectives. Critical elements of the methodology employed for all our studies include:
Preliminary data mining
Raw market data is obtained and collated on a broad front. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. For a comprehensive understanding of the market, it is essential to understand the complete value chain and in order to facilitate this; we collect data from raw material suppliers, distributors as well as buyers.
Technical issues and trends are obtained from surveys, technical symposia, and trade journals. Technical data is also gathered from an intellectual property perspective, focusing on white space and freedom of movement. Industry dynamics with respect to drivers, restraints, and pricing trends are also gathered. As a result, the material developed contains a wide range of original data that is then further cross-validated and authenticated with published sources.
Statistical model
Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression, and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, industry experience, and domain expertise.
Econometric models are generally used for short-term forecasting, while technological market models are used for long-term forecasting. These are based on an amalgamation of the technology landscape, regulatory frameworks, economic outlook, and business principles. A bottom-up approach to market estimation is preferred, with key regional markets analyzed as separate entities and integration of data to obtain global estimates. This is critical for a deep understanding of the industry as well as ensuring minimal errors. Some of the parameters considered for forecasting include:
Market drivers and restraints, along with their current and expected impact
Raw material scenario and supply v/s price trends
Regulatory scenario and expected developments
Current capacity and expected capacity additions up to 2030
We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate.
Primary validation
This is the final step in estimating and forecasting our reports. Exhaustive primary interviews are conducted, face to face as well as over the phone to validate our findings and assumptions used to obtain them. Interviewees are approached from leading companies across the value chain including suppliers, technology providers, domain experts, and buyers so as to ensure a holistic and unbiased picture of the market. These interviews are conducted across the globe, with language barriers overcome with the aid of local staff and interpreters. Primary interviews not only help in data validation but also provide critical insights into the market, current business scenario, and future expectations and enhance the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants (KIPs) which typically include:
Market-leading companies
Raw material suppliers
Product distributors
Buyers
The key objectives of primary research are as follows:
To validate our data in terms of accuracy and acceptability
To gain an insight into the current market and future expectations
To request a free sample copy of this report, please complete the form below.
We value your investment and offer free customization with every report to fulfil your exact research needs.
