The global derma rollers market size was valued at $297.4 million in 2020, and is projected to reach $565.6 million by 2030, registering a CAGR of 6.7% from 2021 to 2030.
A derma roller is a type of personal care device used to treat acne, wrinkles, rejuvenate skin, treat hair loss, hair regrowth, and other such issues. Growth in beauty consciousness among consumers, rise in number of geriatric population, along with rise in awareness regarding effectiveness of using derma rollers for skin and hair drives the derma rollers market growth. Use of derma rollers has been readily adopted recently, which is attributed to the fact that derma rollers are easily available through online stores and can be easily used at homes by consumers with a combination of relevant skin serums. In addition, these derma rollers are easily available through various sales channels including online stores, supermarkets, hypermarkets, specialty stores, and others, which, in turn, contributes towards the derma rollers market growth. Furthermore, rise in inclination of males toward beauty products & devices to enhance their physical appearance is also expected to offer immense opportunity for growth of the derma rollers market demand during the forecast period, in terms of value sales.
COVID-19 Impact Analysis
- The outbreak of the COVID-19 pandemic has shown a negative impact on the market.
- The COVID-19 pandemic has not only hampered production facilities but also disrupted supply chains such as material suppliers and distributors of the derma rollers market globally, resulting in loss of business, in terms of value sales.
- Trade restrictions imposed by several countries across the globe to curb the outbreak of COVID-19 has significantly affected global logistics and transportation, which has affected the derma rollers market.
The global derma rollers market segments are categorized into application, demographics, distribution channel, and region. By application, it is classified into skin care and hair regrowth. By demographics, it is divided into male and female. On the basis of distribution channel, it is segregated into specialty stores, supermarkets/hypermarkets, online stores, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia, and rest of Europe), Asia-Pacific (China, India, Australia & New Zealand, Japan, South Korea, ASEAN, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, Argentina, and Rest of LAMEA).
By application, the skin care segment accounted for the highest derma rollers market share in 2020, and is expected to remain its dominance during the derma rollers market forecast period. This is attributable to the fact that derma roller devices for skin care is getting popularity among beauty conscious consumers. Derma roller helps to rejuvenate skin, treat acne, reduces wrinkles, and signs of aging by boosting production of collagen.
The Skin Care segment dominates the global derma rollers market and is expected to retain its dominance throughout the forecast period.
By demographics, the female segment accounted for the highest market share in the global derma rollers market in 2020. This is attributable to the fact that derma rollers for women is becoming a very popular hair treatment for FPB (male pattern baldness). Micro needling process helps to stimulate the collagen production of scalp, which is essential to control hair loss. Thus, derma rollers have become a new trend for solving hair loss issue and the regrowth of hair.
The Female segment dominates the global derma rollers market market and is expected to retain its dominance throughout the forecast period.
By distribution channel, the specialty store segment accounted for the highest market share in the global derma rollers market in 2020. This is attributable to heavy discounts offered by specialty stores their customers that boosts sales of derma rollers through specialty stores across the globe, which notably contributes toward growth of the overall market. However, the online store segment is expected to be the fastest growing segment during the forecast period, in terms of value sales.
By Distribution Channel
The Specialty store segment dominates the global derma rollers market market and is expected to retain its dominance throughout the forecast period.
Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the highest market share in 2020. Rise in number of beauty conscious male consumers including the U.S. and Canada has driven sales of derma rollers ultimately contributing toward growth of the overall market.
The North America segment dominates the global derma rollers market market and is expected to retain its dominance throughout the forecast period.
Key players operating in the global derma rollers market focus on prominent strategies to overcome competition and maintain as well as improve their share worldwide. Some of the major players in the global industry analyzed in this report include DermaWonder, Claster LLC ( Linduray Skincare), JJ ELLIE. Sdara Skincare, DAEJONG MEDICAL, ProsperBeauty, DS Healthcare Group Inc., mars by GHC, Dermaroller GmbH, and BeautyBio, Inc.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the current derma rollers market trends, estimations, and dynamics of the market for the period of 2020–2030 to identify prevailing market opportunities.
- The key countries in four major regions have been mapped based on their market share.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
- In-depth analysis of the market segmentation assists to determine prevailing derma rollers market opportunities.
- Major countries in each region have been mapped according to their revenue contribution to the global derma rollers industry.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of market players.
- The report includes both regional as well as global the derma rollers market analysis, key players, market segments, application areas, and derma rollers market growth strategies.
Derma Rollers Market Report Highlights
By DISTRIBUTION CHANNEL
Key Market Players
Mars by GHC, ProsperBeauty, Daejong Medical, DS Healthcare Group Inc., JJ ELLIE, DermaWonder, Sdara Skincare, BeautyBio, Inc, Dermaroller GmbH, Claster LLC ( Linduray Skincare)
Key market players operating in the derma rollers market have adopted key developmental strategies such as product launch to fuel demand for derma rollers in the market, in terms of value sales. In addition, they have also emphasized on continuous innovations in their products to maintain a strong foothold in the market and to boost derma rollers demand globally. In addition, to cater to the rising needs from the beauty conscious consumers, manufacturers are continuously developing innovative derma rollers for both home use and commercial use.
CXOs further added that rise in consciousness regarding physical appearance among individuals as well as working class professionals propels growth of the derma rollers market. The industry has recently observed an emerging trend of men using skin care and hair care products to enhance their physical appearance. Use of derma rollers by male consumers is expected to eventually increase and in turn supplement growth of the global derma rollers market in terms of value sales.
Moreover, cosmetics & personal care products including derma rollers have witnessed prominent adoption in the developing countries such as India, owing to swift change in consumer lifestyle, increase in disposable income, and surge in need for skin care & hair care devices that’s aid in rejuvenating the skin and preventing hair loss and others. Furthermore, increase in penetration of various online portals globally and rise in number of offers or discounts attract large consumer base to purchase derma rollers through online channels. Moreover, online sales channel has increased consumer reach, making it key source of revenue for many companies.
However, easy availability of counterfeit products in the market is projected to hamper growth of the derma rollers market during the forecast period.