Press release
Do You Know : Derma Rollers Market Size to Reach $565.6 Million by 2030
Rise in number of beauty-conscious customers and demand for skin care products by millennials drive the growth of the global derma rollers market. However, availability of counterfeit products hinders the market growth. On the other hand, rise of the online retail platforms present new opportunities in the coming years.
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Covid-19 Scenario:
Production activities of derma rollers have been hampered due to lockdown measures imposed in many countries. Moreover, disruptions in supply chain and shortage of raw materials posed challenges in carrying out production with full capacity.
Owing to closure of specialty stores, supermarkets, and hypermarkets during the lockdown, the sales volume of derma rollers reduced considerably. However, the demand would grow steadily during post-lockdown as these stores open get back on track.
The ban on import-export activities resulted in disruptions in supply chain and supply-demand gap. The supply chain is expected to be restored as the restrictions are lifted off.
The report offers detailed segmentation of the global derma rollers market based on application, demographics, distribution channel, and region.
Derma roller device is a type of personal care product that helps to rejuvenate skin, treat acne, reduces wrinkles, treat hair loss, signs of aging and others by boosting the production of collagen. In addition to this, surge in youth population, improved lifestyle, and rise in disposable income of individuals in developing countries are anticipated to offer immense opportunities for derma rollers market players during the forecast period. Nowadays, derma roller is gaining popularity among the beauty conscious consumers as a home treatment to enhance the appearance of skin as it helps in preventing hair loss, loss of skin firmness, appearance of fine lines & wrinkles, and others. This in turn has propel the demand for derma rollers from the consumers contributing in driving the derma rollers market growth in terms of value sales.
The outbreak of coronavirus has negatively impacted the derma rollers industry along with all stages of supply chain and value chain. Presently, the supply chain is far more complex as compared to what it was a decade ago. 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.
Based on application, the skin care segment accounted for the largest share in 2020, contributing to more than two-thirds of the total share, and is expected to maintain its leadership status during the forecast period. However, the hair regrowth segment is projected to portray the largest CAGR of 7.4% from 2021 to 2030.
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Based on distribution channel, the specialty store segment held the largest share in 2020, accounting for more than two-fifths of the global derma rollers market, and is estimated to maintain its lead position throughout the forecast period. However, the online channel segment is expected to register the highest CAGR of 7.8% from 2021 to 2030.
Based on region, North America contributed to the highest share in 2020, accounting for nearly two-fifths of the total market share, and is projected to maintain its dominant share in terms of revenue by 2030. However, Asia-Pacific is expected to manifest the fastest CAGR of 8.7% during the forecast period.
Leading players of the global derma rollers market analyzed in the research include Derma Wonder, Claster LLC (Linduray Skincare), DAEJONG MEDICAL, JJ ELLIE. Sdara Skincare, DS Healthcare Group Inc., Prosper Beauty, Derma roller GmbH, mars by GHC, and Beauty Bio, Inc.
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