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| Pedicure Unit Market |
The pedicure unit market is witnessing high growth owing to rising hygiene concerns among consumers. Pedicure units provide a hygienic and hassle-free experience for foot treatments as compared to conventional methods. These units offer features such as massage rollers, foot spa tubs, scrubbers, and other accessories for pedicures. Growing awareness about foot health and hygiene is a major factor promoting the adoption of pedicure units. The global pedicure unit market is estimated to be valued at US$ 1.49 Mn 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. These companies account for a major share of the market owing to their
diverse product portfolio and global distribution network. Growing demand for
professional pedicure treatments from consumers and salons presents significant
growth opportunities in the market. Key players are focusing on new product
launches and geographical expansion efforts to capitalize on untapped
opportunities across regions.
The pedicure unit market is projected to witness robust expansion in North
America and Europe over the forecast period. Rising health and beauty
consciousness coupled with high disposable incomes in countries like the US,
Canada, UK, Germany, and France is fueling demand. Growing global spa industry
and rapid urbanization in Asia Pacific and Latin America also offer lucrative
prospects for pedicure unit providers.
Market drivers: Increasing beauty salon industry and growing middle-class
population are major drivers of market growth. Rapid urbanization in developing
regions has promoted foot care awareness and boosted the number of nail salons.
Growing health and hygiene consciousness is another key factor fueling adoption
of pedicure units.
Market restraints: Higher costs of pedicure units compared to manual methods is
a major challenge, especially in price-sensitive developing markets. Lack of
product awareness in rural areas also restrain market expansion. Additionally,
the ongoing pandemic has negatively impacted beauty salon businesses, thereby
hampering market sales.
Segment
Analysis
The Pedicure
Unit Market Trends can be segmented by product type into electrical and
non-electrical pedicure unit. The electrical pedicure unit segment accounts for
the dominant share in the market. Electrical pedicure units offer benefits such
as variable speed control, ergonomic design and ease of use due to integrated
functions. Therefore, they are preferable among beauty parlors and professional
nail technicians.
Global Analysis
The North America pedicure unit market is expected to dominate the global
market during the forecast period. Rapid adoption of beauty and wellness
services and increased disposable income in the region are key factors for
market growth. Rising demand for professional beauty treatments from both men
and women is also driving the regional market. The Asia Pacific pedicure unit
market is projected to witness the fastest growth during the forecast period.
Increasing penetration of beauty salons and spas, growing focus on personal
grooming and rising working women population are boosting the regional market.
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