June 14, 2024
Pedicure Unit Market

The Global Pedicure Unit Market Is Expected To Be Flourished By Growing Demand In Spas And Salons

The pedicure unit is an electric device equipped with spinning pedicure tools that are used to trim, file, and clean feet. It contains a sink basin to hold water for washing or cleaning feet. The unit also comprises revolving brush heads and files to gently exfoliate and smooth rough areas. Various pedicure units are available with different functions like manual rotating pedicure tools, foot spa basins, built-in massage rollers, and other customizing features. They are widely utilized in spas, salons, and personal use at home. Pedicure units offer efficient and gentle cleansing and exfoliation for soft, supple feet.

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 from 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:

One of the key drivers for the growing demand of pedicure units is the increase in spa and salon culture. With rising disposable incomes and changing lifestyles, people are opting more for spa treatments and salon services. Pedicure services are gaining popularity as offering foot care and exfoliation improves blood circulation. Many individuals visit salons monthly for pedicure treatments. Also, increasing health and skincare concerns is propelling the pedicure unit market. People are realizing the importance of soft, smooth skin on feet and regularly utilizing pedicure units. Home usage of pedicure units is on a rise as they provide hygienic and convenient foot treatments. Further, innovative product launches with added features like massage rollers and customizing options are further augmenting the demand in global market. Manufacturers are constantly investing in advanced pedicure units with easy operations, skin-friendly materials, and longer durability.

Segment Analysis

Pedicure unit market can be segmented into mobile pedicure unit and stationary pedicure unit. Currently, stationary pedicure unit dominates the market and holds around 60% share owing to increasing number of beauty salons and parlors across developed regions like North America and Europe. Stationary pedicure units have greater working surface area and are equipped with customizable functions as compared to mobile pedicure units.

PEST Analysis

Political: Governments across many countries are promoting aesthetic and wellness industry owing to growing health awareness. They are providing various tax benefits and incentives to businesses in this industry.
Economic: Rising disposable incomes and growing expenditure on personal care globally is fueling market growth. Developed economies in North America and Europe have higher per capita spending on beauty and grooming products.
Social: Increasing importance given to self-grooming and aesthetics among individuals has heightened demand for various specialized beauty treatments including pedicure. Social media influence has also made such treatments more popular.
Technological: Advances in pedicure unit design with ergonomic features, customizable functions and improved safety standards are supporting market expansion. Introduction of IoT enabled pedicure units with touch screens and wireless connectivity is a new trend.

Key Takeaways

The global Pedicure Unit Market Growth is expected to witness high growth over the forecast period. 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 from 2024 to 2031.

North America dominates the market currently due to extensive availability of beauty salons, spas and professional parlors offering pedicure services. Growing focus on self-care and aesthetic appeal among individuals is driving market demand particularly in developed economies of North America and Western Europe.

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. Increased marketing and promotion by these players through e-commerce channels is helping expand consumer outreach.

Product innovation with advanced features is allowing players to gain competitiveness in the market. However, availability of cheaper alternatives by local manufacturers poses challenge to established brands. Rising health expenditure and improving disposable incomes in developing regions of Asia Pacific and Middle East are expected to open new growth avenues during the forecast period.

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