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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