by Pedicure units are used to give massages and foot care treatments for human feet. These machines consist of features such as foot spas with heat therapy, massage rollers and scrubbers to exfoliate dead skin. Some advanced units also have additional features like paraffin wax bath tubs, cool air jets and various massage modes. They are widely used at beauty salons and spas and have become a popular self-care option for home-use as well. With growing awareness about personal grooming and rising demand for beauty treatments and therapies that revitalize the skin, the pedicure unit market is witnessing significant traction.
The global pedicure unit Market is estimated to be valued at US$ 1.29 Bn in 2023 and is expected to exhibit a CAGR of 13% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
One of the key drivers for the growth of the pedicure unit market is the rising demand for personal grooming and aesthetic care. With changing lifestyles and increasing disposable incomes, consumers are willing to spend more on self-care beauty regimens that help them look well-groomed. Pedicure treatments offered through automated units at salons or the ease of conducting them at home are gaining popularity. This growing focus on self-pampering and self-indulgence has boosted the sales of pedicure units over the years.
Segment Analysis
The pedicure unit market is segmented into mobile pedicure spas, pedicure chairs, and pedicure tables. Among these, the mobile pedicure spas segment dominates the market and holds around 40% share. This is because mobile pedicure spas provide ease and convenience of use to beauty professionals as they can carry out pedicure services at remote locations like homes and corporate offices.
PEST Analysis
Political: There are no significant regulations affecting the pedicure unit market. Some governments are promoting electric vehicles which could benefit companies manufacturing electric pedicure chairs.
Economic: Rising personal disposable incomes have increased spending on beauty and personal care services. This is fueling the demand for professional pedicure units from salons. Additionally, growing work from home culture has opened up opportunities for mobile pedicure services.
Social: People are giving more importance to self-care and grooming. Getting pedicure treatments has become a part of lifestyle. This increasing social acceptance is driving the growth of the pedicure unit market.
Technological: Companies are coming up with innovative features like reclining backrest, massage rollers, variable speed control in pedicure chairs to provide comfortable pedicure experience to customers. Some players have also launched eco-friendly and energy efficient pedicure spas run on electricity.
Key Takeaways
The Global Pedicure Unit Market Size is expected to witness high growth over the forecast period of 2023 to 2030. The growing focus towards self-care and grooming accompanied with rising disposable incomes in developing economies are the key factors aiding the market expansion.
Regional analysis: Asia Pacific region dominates the pedicure unit market with over 35% share globally. China, India, and Vietnam are witnessing fast adoption of pedicure units led by increasing awareness about spa & salon services coupled with flourishing beauty industry.
Key players: Key players operating in the pedicure unit market are Mahindra Electric Mobility Limited, Saera Electric Auto Pvt. Ltd., Telco E-Vehicles Pvt. Ltd., Gamma Industries, Knox Fuels Tech, Yuva E-Rickshaw, ATUL Auto Limited, Bajaj Auto Limited, J.S. AUTO (P) LTD., Speego Vehicles Co Pvt Limited, Dilli Electric Auto Pvt. Ltd., NDS Eco Motors Private Limited, Goenka Electric Motor Vehicles Private Limited, Sarthak Industries, Perfexorld, V.H.V.O Industries Pvt. Ltd, Mini Metro EV LLP, Pariti, Kinetic Green Energy & Power Solutions Ltd., A G INTERNATIONAL PVT LTD.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
