Pedicure units are devices used for beautifying and taking care of feet. These units have pedicure bowls, water manicure jets, chairs, and footrests designed for spa professionals to perform pedicure services effectively. Rising consumer preference towards spa and salon services for self-care and grooming is propelling the demand for pedicure units.

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:
Rising consumer preference towards spa and salon services is one of the major drivers fueling the growth of the pedicure unit market. People are increasingly opting for spa therapies and salon treatments due to busy lifestyles and rising disposable incomes. Pedicure services help moisturize and rejuvenate tired feet. Thus, rising spa culture is driving the installation of pedicure units in salons and spas globally.

Another driver contributing to the market growth is growing awareness about foot care. Regular pedicure treatments help exfoliate dead skin, remove calluses and provide nourished feet. With rising awareness, people are incorporating pedicure treatments as part of their grooming routines. This increasing focus on foot care regime is augmenting the demand for effective pedicure units worldwide.

SWOT Analysis
Strength: The pedicure unit market has great growth potential due to increasing demand for self-care and personal grooming services. portability and ease of use of pedicure units make them convenient for home use. Furthermore, advancements in the design and functionality of pedicure units enhance their appeal.
Weakness: High initial costs of advanced pedicure units can limit their adoption. Budget limitations may influence consumers to opt for cheaper alternatives like visiting salons. Lack of experience in using equipment can cause injuries if handled incorrectly.
Opportunity: Growing elderly population and prevalence of lifestyle diseases raising demand for preventive foot care offer new opportunities. Rising disposable incomes in developing nations are encouraging greater spends on self-care. Online sale and marketing of pedicure units can help expand their reach.
Threats: Availability of cheaper alternatives may deter certain consumers. Economic slowdowns can negatively impact discretionary spending on pedicure units. Stringent regulations on medical devices pose compliance challenges.

Key Takeaways
The Global Pedicure Unit Market Size is expected to witness high growth over the forecast period of 2023 to 2030. Driven by increasing health and beauty consciousness, the market size is projected to surpass US$ 1.29 Bn by 2030, registering a CAGR of 13%.

Regional Analysis: North America currently dominates the market, followed by Europe and Asia Pacific. Countries like the U.S., Germany, China, and India are major revenue generators. Growing elderly population suffering from diabetes and arthritis in developing nations of Asia Pacific are propelling the regional market at the fastest pace.

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. They are focused on expanding their geographic footprint and launching innovative product offerings to strengthen market share.


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