A derma roller is defined as a type of personal care device that is used to treat acne, wrinkles, rejuvenate skin, treat hair loss, hair regrowth, and other such issues.
The growth in beauty consciousness among consumers, rising number of geriatric population, along with the rising awareness with regards to the effectiveness of using derma rollers for skin and hair has driven the derma rollers market growth over the forecast period.
Also, the use of derma rollers has been readily adopted recently that is related 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.
Key Market Trends
Every market has its growth determinant and challenges. One of the major factor that has fuelled the market growth over the forecast period is the rise in the number of geriatric population.
The derma rollers are easily available through various sales channels that includes, online stores, supermarkets, hypermarkets, specialty stores, and others that, in turn, has contributed towards the derma rollers market growth over the forecast period.
Additionally, the rise in inclination of males toward beauty products and devices to enhance their physical appearance is projected to offer immense opportunity for growth of the derma rollers market demand over the forecast period, in terms of value sales.
Also, the 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 has driven the derma rollers market growth over the forecast period.
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Segmental analysis of the market
Based on Application
- Skin care
- Hair Regrowth
The skin care segment has dominated the market growth over the forecast period. This is because 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.
Based on Demographics
- Female
- Male
The female segment has dominated the market growth over the forecast period. This is because 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.
Based on Distribution Channel
- Online stores
- Specialty stores
- Supermarket/Hypermarket)
- Others
The speciality stores segment has dominated the market growth over the forecast period. This is because of 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.
North America is anticipated to amplify at a considerable CAGR
The Global Derma Rollers Market is segmented into 4main regions namely, North America, Europe, Asia Pacific, and Middle east and Africa. Among these, North America has dominated the market growth over the forecast period. This is because of the 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.
Competitive Landscape
Some of the prominent companies operating in the market are DermaWonder, Claster LLC (Linduray Skincare), JJ ELLIE. Sdara Skincare, DAEJONG MEDICAL, ProsperBeauty, DS Healthcare Group Inc., mars by GHC, Dermaroller GmbH, and BeautyBio, Inc.
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Principal Gains for Stakeholders
In order to pinpoint the existing market potential, this study offers a comprehensive analysis of the current trends, projections, and dynamics of the worldwide derma rollers market from 2020 to 2030.
Based on their market shares, the important nations in each of the major areas are mapped.
The power of buyers and suppliers to help stakeholders make profit-driven business decisions and expand their supplier-buyer network is highlighted by Porter's five forces analysis.
Determining the current market opportunities benefits from a thorough review of the market segmentation.
Major nations in each region are depicted on a map based on how much money they contribute to the global industry. The part on market player positioning makes benchmarking easier and gives readers a clear picture of where each player stands right now.
In the study, an analysis of the regional and global markets for derma rollers, as well as their leading competitors, market segmentation, end uses, and expansion plans.
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