by The 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.
Market Overview:
Pedicure units are specialized equipment used in salons and spas for foot and leg treatment. Some key functions of pedicure units include foot basins for cleaning and soaking feet, whirlpool jets for massaging and exfoliating feet, chairs for clients to sit during the pedicure, and storage space for tools and supplies. Popular pedicure services include removing dead skin and calluses with foot files or pedicure knives, trimming and shaping toenails, applying moisturizers and massaging legs and feet. Pedicure units provide a comfortable and hygienic way for beauticians to perform these services.
Market Dynamics:
Growing preference for self-grooming and wellness treatments is a major driver for the pedicure unit market. Busy lifestyles have increased demand for spa and salon services that help relax and rejuvenate individuals. Furthermore, rising disposable incomes in developing economies allow more consumers to afford luxuries like pedicures on a regular basis. Pedicure units that offer features like adjustable chairs, whirlpool functions and tool storage have made the pedicure experience more comfortable and convenient, further boosting their adoption. However, the onset of the COVID-19 pandemic led to widespread salon closures and altered consumer behavior in 2020, negatively impacting market growth. With restrictions easing in 2021-2022, the market is recovering as businesses reopen and clients return seeking stress-relief through pedicures and spa visits.
Segment Analysis:
The pedicure unit market is segmented into mobile pedicure units and fixed pedicure units. The fixed pedicure units segment currently dominates the market owing to the more advanced features available in fixed units like adjustable leg rest, massage rollers, led lights etc. which provide better ergonomics and pedicure experience compared to mobile units.
PEST Analysis:
Political: There are no significant political risks impacting the pedicure unit market.
Economic: Rising disposable incomes and increasing consumer spending on self-care and beauty services is fueling the growth of the pedicure unit market.
Social: Greater importance given to self-care and pedicure treatments gaining popularity as part of nail and foot care routines is propelling the demand for pedicure units.
Technological: Innovations in pedicure unit features like steam, massage, led lights etc. are supporting the market growth.
Key Takeaways:
The Global Pedicure Unit Market Size is expected to witness high growth, exhibiting CAGR of 7.9% over the forecast period, 2023 to 2030, due to increasing consumer spending on self-care and nail care services. The market size is projected to reach US$ 2.27 Bn by 2030 from US$ 1.29 Bn in 2023.
Regional analysis: North America dominates the global pedicure unit market currently owing to growing popularity of nail treatments. Asia Pacific is expected to witness fastest growth in the market over the coming years backed by rising disposable incomes and growing working women population undergoing regular nail treatments in countries like China and India.
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 Lexor are the leading players offering wide range of advanced pedicure units to salons and nail studios.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
