Man-made brainpower (AI) in the beauty and beauty care products market is supposed to arrive at a global market valuation of USD 2.70 billion of every 2021 and USD 13.34 billion out of 2030, with a build yearly development rate (CAGR) of 19.7% somewhere in the range of 2021 and 2030.
The market is supposed to develop because of the appeal for and utilization of beauty items, as well as the coordination of AI answers for better customer service.
Man-made brainpower, or AI, is an innovation that has been integrated into the beauty and beauty care products area.
Development DRIVERS
- AI makes it conceivable to make altered beauty regimens and recommendations based on every individual’s skin type, concerns, and inclinations, which increments buyer joy and brand dedication.
- The requirement for at-home beauty apps or devices is being driven by skincare devices and apps that give state of the art answers for skin examination with real-time checking.
- Deals are being driven by AI-fueled virtual take a stab at stages that let purchasers see healthy skin items, hair tones, and makeup things in real time.
MARKET SEGMENTATION:
By Service –
- personalized recommendation
- AI based beauty devices/apps
- real-time customer service
- performance marketing measurement
- demand forecasting
- supply chain
- others
By Application –
- skincare
- haircare
- make-up
- fragrances
- others
By Region –
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
Global Key Players:
- Modiface
- Beiersdorf
- Olay
- Sheseido
- CRIX labs
- My Beauty matches
- P & G
- Sephora
- Haut AI
- Estee lauder
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