The Pedicure Unit Market is estimated to be valued at US$ 1.29 Billion in 2023 and is expected to exhibit a CAGR of 7.9% over the forecast period 2023 – 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
A pedicure unit is an electrically powered machine used by pedicurists and podiatrists to clean, trim, and file a person’s toenails and calluses. It comes with rotating drill bits, rasps, and buffers to gently smooth rough areas. The unit allows cleaning and maintenance of feet in a sanitary manner. Pedicure units are commonly offered at nail and foot spas, beauty salons and dermatologist clinics. Their ergonomic design and customized attachments make pedicures efficient and comfortable for clients.
Market Dynamics:
Increased focus on self-grooming and rising disposable incomes: With growing awareness about self-care and personal hygiene, consumers are increasingly prioritizing grooming of hands and feet. They are willing to invest in regular pedicures to maintain well-groomed feet. Additionally, rising disposable incomes in developed and emerging nations has made salon treatments more affordable for the mass population, boosting demand for pedicure units across various outlets.
Belava, Lexor, Luraco, Gharieni, Living Earth Crafts, Smock Spa, Gamma & Bross, Kalopi, Bows Beauty, and Shedrain are some leading brands offering high-quality pedicure units with innovative features. Their medically-approved devices with additional massage capabilities and
SWOT Analysis
Strength: The pedicure unit allows salons and spas to provide pedicure treatments efficiently. It has ergonomic designs that reduce physical strain on technicians. Many units offer customizable settings for water temperature, massage modes, and other features.
Weakness: Some pedicure units require significant maintenance to keep sanitary. Improper maintenance can spread bacteria and viruses between clients. High-end units also have higher purchase costs than traditional pedicure bowls.
Opportunity: The rise of self-care and wellness trends is driving more consumers to seek pedicure treatments. As discretionary incomes rise in developing nations, demand for spa services will increase. New features like Bluetooth connectivity could expand the units’ functionality.
Threats: Stricter health regulations may require costly upgrades to ensure hygiene. The economic impact of recessions could reduce discretionary spending on self-care. Competition from low-cost salons offering manual pedicures is also a threat.
Key Takeaways
Global Pedicure Unit Market Size is expected to witness high growth, exhibiting a CAGR of 7.9% over the forecast period, due to increasing demand for spa services and rising health consciousness. The availability of advanced features in new units is also fueling market growth.
The North American region currently dominates the market, accounting for over 30% revenue share in 2023. However, the Asia Pacific region is expected to grow at the fastest rate due to rising incomes in China and India. These nations are projected to account for over 40% of global pedicure unit sales by 2030.
Key players operating in the pedicure unit market are Belava, Lexor, Luraco, Gharieni, Living Earth Crafts, Smock Spa, Gamma & Bross, Kalopi, Bows Beauty, and Shedrain. Major players are focusing on product innovations like adjustable settings, new sanitizing technologies, and connected device features. They are also expanding to emerging markets through new manufacturing plants and distribution partnerships.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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