The Derma Rollers Market is being driven by Increasing demand for cosmetic production among middle-aged women
The Derma Rollers Market is expected to grow at a CAGR of 7.72% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 107.9 million. The digital revolution, characterized by the widespread use of the Internet and smart devices, has significantly expanded consumer access to e-commerce platforms. Retailers are capitalizing on this trend by leveraging these channels to broaden their reach and customer base. The convenience and security features of online shopping are major drivers propelling the growth of the global derma rollers market. Notably, an increasing number of cosmetic product vendors, including those offering derma rollers, are selling their merchandise via e-commerce websites. Furthermore, the launch of new derma roller products on these platforms is expected to fuel market expansion during the forecast period.
Get more information on Derma Rollers Market by requesting a sample report
The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
Rich Experience: 20+ years leading global market research, trusted insights across industries.
Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.
Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.
Market Scope |
|
Report Coverage |
Details |
Page number |
141 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.72% |
Market growth 2024-2028 |
USD 107.9 million |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
6.93 |
Key countries |
US, China, UK, South Korea, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The derma roller market has witnessed significant developments in recent years due to the increasing demand for anti-aging and skin rejuvenation solutions. Home use derma rollers, also known as skin rollers or microneedle rollers, are gaining popularity in beauty supply stores as an effective tool for reducing facial lines, wrinkles, stretch marks, and scars. These rollers work by creating micro-injuries on the skin, which stimulate collagen production and improve penetration of skincare products. The market intelligence reports on derma rollers provide competitive assessment and product development insights. Key players in the market are focusing on product diversification and accumulation to expand their product offerings and gain dominance. The competitive nature of the market is leading to fragmentation, with new players entering the market and established players introducing new product innovations. Despite the competitive landscape, product satisfaction remains a key factor in customer loyalty and repeat purchases. Significant developments in the market include the amalgamation of derma rollers with other technologies, such as LED light therapy and radiofrequency, to enhance their effectiveness. Overall, the derma roller market is expected to continue its growth trajectory in the coming years, driven by consumer demand for effective and affordable skincare solutions.
The global personal care products industry encompasses the production and research and development of a wide range of items, including cosmetics, perfumes, masks, sex toys, hair wigs and extensions, and polarized sunglasses. According to Technavio's market analysis, the market size is determined by the collective revenue generated by manufacturers in this sector. Key growth drivers for the global household and personal care products market include the increasing disposable income of consumers, leading to higher expenditures on luxury and lifestyle-related goods. This trend is expected to significantly contribute to the market's expansion in the forecast period.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Safe and Secure SSL Encrypted