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 7.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Pedicure units are specialized foot care equipment used to clean, buff, and shape feet and toenails. They come equipped with features like massage rollers, foot suction cups, exfoliating brushes, and drills to scrub away dead skin and cut nails precisely. Their hands-free operation and ergonomic design allow for a convenient and relaxing pedicure experience at home or in salons.
Market key trends:
One of the key trends driving the pedicure unit market growth is the rising demand for wellness and self-care practices among consumers. The fast-paced urban lifestyles have led to increased stress levels prompting people to invest more on personal wellness regimes including regular spa pedicures and foot massages. At-home pedicure units provide a spa-like experience without the hassle and high costs of salon visits, thus fueling their adoption. The compact portable designs and multifunctional capabilities of modern pedicure units ensure convenience and satisfaction among home users.
The global pedicure unit market is dominated by home-use pedicure units, which occupy over 40% market share. This is because home-use pedicure units offer added convenience to users by letting them do simple pedicures at home without the hassle of going to a salon. However, the commercial pedicure units segment is estimated to grow at a higher CAGR during the forecast period owing to rising number of beauty salons offering pedicure services.
The Global Pedicure Unit Market Growth is expected to witness high, exhibiting CAGR of 7.9% over the forecast period, due to increasing consumption of beauty and personal care products boosting the demand for pedicure treatment and equipment.
Regional analysis: North America dominates the global pedicure unit market, accounting for around 30% market share. This is attributed to high disposable incomes and strong beauty culture in the region driving higher adoption of pedicure services and units. Asia Pacific is projected to be the fastest growing regional market over the forecast period with a CAGR of 9.2%, with China and India emerging as major pedicure unit markets.
Key players: Key players operating in the pedicure unit market are Belava, Lexor, Luraco, Gharieni, Living Earth Crafts, Smock Spa, Gamma & Bross, Kalopi, Bows Beauty, Shedrain. Belava and Luraco currently lead the market with their wide portfolio of innovative home-use and commercial pedicure units.