July 21, 2024
Pedicure Unit Market

Pedicure Unit Market Is Estimated To Witness High Growth Owing To Increasing Demand For Personal Care Treatments

The pedicure unit market has witnessed significant growth over recent years owing to enhanced aesthetic appeal and convenience in delivering diverse pedicure treatments. Pedicure units provide compact designs and come equipped with various massage rollers and brushes that help exfoliate dry skin and remove dead skin cells from the feet. Increasing consumer demand for painless hair removal and facial-rejuvenating spa therapies have also augmented the adoption of pedicure units across dermatology and cosmetic treatment centers. The global pedicure unit market is estimated to be valued at US$ 1.49 billion in 2024 and is expected to exhibit a CAGR of 5.5% over the forecast period of 2024 to 2031.

Key Takeaways

Key players operating in the pedicure unit market are Nestle S.A., Groupe Danone, Abbott Laboratories, Hain Celestial Group, Kraft Heinz Company, Bristol-Myers Squibb, Hero Group, Morinaga Milk Industry Co. Ltd., and Cargill Inc. The growing medical tourism industry along with the rising disposable incomes in developing countries provide significant opportunities for manufacturers to expand their geographic footprint. Major players are focusing on collaborations and new product launches catering to the demand for specialized pedicure units across various end-use settings.

The increasing availability of multi-functional pedicure units equipped with advanced features like variable speed control, customized water filtration, and automatic bowl drainage systems has boosted their adoption. Moreover, rising health awareness and growing popularity of DIY spa treatments during the COVID-19 pandemic have further augmented the sales of convenient personal care products like pedicure units.

Market drivers

The primary driver boosting the Pedicure Unit Market Trends is the increasing demand for personal care and aesthetic treatments globally. Rising consumer inclination towards beauty and skincare treatments to alleviate stress and boost self-confidence has augmented the demand for specialized procedures like pedicures. Furthermore, rapid urbanization, busy lifestyles, growing working women population, and increasing discretionary spending on salon services have also driven the adoption of convenient personal care appliances like affordable pedicure units.

PEST Analysis
Political: The pedicure unit market is majorly influenced by regulations and guidelines set by the country’s healthcare agencies regarding hygiene standards and safety guidelines to be followed in salons. Regulations also affect pricing aspects.

Economic: Rising disposable incomes coupled with growing awareness regarding self-grooming and personal care are positively impacting the demand for pedicure units. Economic slowdowns may impact consumer spending on salon visits.

Social: Growing focus on self-care and appearance consciousness is driving more individuals, especially women, to visit salons regularly. Social media influence encouraging beauty and self-grooming trends is also pushing the market growth.

Technological: Advances in materials and engineering are enabling manufacturers to develop compact, lightweight yet powerful pedicure units integrated with innovative features such advanced filter systems, variable speeds etc. Bluetooth enabled models are also gaining popularity.

North America accounts for the largest share of the global pedicure unit market in terms of value owing to high disposable incomes, busy lifestyles and growing demand for professional salon services. The Asia Pacific region is anticipated to witness the fastest growth over the forecast period. Rising population, improving economic conditions and increasing spending on personal care and grooming will majorly contribute to the growth of the pedicure unit market in Asia Pacific region.

Europe accounts for a considerable share in the global pedicure unit market due to widespread availability of salons and spas offering pedicure services. Countries like Germany, UK, France etc. have seen rising consumption of pedicure units over the past few years

.*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it.