The North America Beauty Fridge Market should witness market growth of 8.0% CAGR during the forecast period (2022-2028).
The beauty industry witnessed rapid expansion in the last few years owing to a multitude of factors like rising disposable incomes of people in developing economies and growing demand for efficient products. In addition, certain other significant factors that are propelling the demand for beauty fridges include a rise in the uptake of various beauty procedures like facial treatments, hair removal services, laser skin resurfacing surgeries, etc., along with a substantial rise in the working women proportion.
Moreover, the recent trends point towards the increasing adoption of easy-to-use beauty gadgets that offer faster results and require little to no intervals between usage sessions. The provision of beauty fridges at one’s vanity, along with the storage of products, simplifies the application of products like lotions, fragrances, and creams and makes the process faster.
The region accommodates industrialized nations, including Canada and the US, and has a significant market for cosmetic consumer goods. In this region, the US is considered a major player and a significant contributor to the demand and sales of skincare or beauty fridges. Customers in the region are increasingly opting for products that help in storing and preserving beauty care products. Additionally, the US cosmetic industry holds a significant number of nanotechnology patents, the benefits of which are experienced in the development of innovative cosmetic and beauty products as well. As consumers in the region spend an above-average annual amount on personal and skincare products, it proliferates the growth of the cosmetic and beauty care industry. This further propels the demand for beauty fridges.
The US market dominated the North America Beauty Fridge Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $54, 185.2 Thousands by 2028.The Canada market is poised to grow at a CAGR of 10% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 9.8% during (2022-2028).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Capacity, the market is segmented into Up to 4 Litres, 4 Litres to 7 Litres, 7 Litres to 10 Litres and More than 10 Litres. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Finishing Touch Flawless (Church & Dwight Co., Inc.), The Beauty Fridge (Quick Beauty Pty. Ltd), Cooluli, Teami LLC, COOSEON, FaceTory, Inc., Hck Refrigeration Tech. Co., Ltd., and Chefman.
The beauty industry witnessed rapid expansion in the last few years owing to a multitude of factors like rising disposable incomes of people in developing economies and growing demand for efficient products. In addition, certain other significant factors that are propelling the demand for beauty fridges include a rise in the uptake of various beauty procedures like facial treatments, hair removal services, laser skin resurfacing surgeries, etc., along with a substantial rise in the working women proportion.
Moreover, the recent trends point towards the increasing adoption of easy-to-use beauty gadgets that offer faster results and require little to no intervals between usage sessions. The provision of beauty fridges at one’s vanity, along with the storage of products, simplifies the application of products like lotions, fragrances, and creams and makes the process faster.
The region accommodates industrialized nations, including Canada and the US, and has a significant market for cosmetic consumer goods. In this region, the US is considered a major player and a significant contributor to the demand and sales of skincare or beauty fridges. Customers in the region are increasingly opting for products that help in storing and preserving beauty care products. Additionally, the US cosmetic industry holds a significant number of nanotechnology patents, the benefits of which are experienced in the development of innovative cosmetic and beauty products as well. As consumers in the region spend an above-average annual amount on personal and skincare products, it proliferates the growth of the cosmetic and beauty care industry. This further propels the demand for beauty fridges.
The US market dominated the North America Beauty Fridge Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $54, 185.2 Thousands by 2028.The Canada market is poised to grow at a CAGR of 10% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 9.8% during (2022-2028).
Based on Distribution Channel, the market is segmented into Offline and Online. Based on Capacity, the market is segmented into Up to 4 Litres, 4 Litres to 7 Litres, 7 Litres to 10 Litres and More than 10 Litres. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Finishing Touch Flawless (Church & Dwight Co., Inc.), The Beauty Fridge (Quick Beauty Pty. Ltd), Cooluli, Teami LLC, COOSEON, FaceTory, Inc., Hck Refrigeration Tech. Co., Ltd., and Chefman.
Scope of the Study
By Distribution Channel
- Offline
- Online
By Capacity
- Up to 4 Litres
- 4 Litres to 7 Litres
- 7 Litres to 10 Litres
- More than 10 Litres
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Finishing Touch Flawless (Church & Dwight Co., Inc.)
- The Beauty Fridge (Quick Beauty Pty. Ltd)
- Cooluli
- Teami LLC
- COOSEON
- FaceTory, Inc.
- Hck Refrigeration Tech. Co., Ltd
- Chefman
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- The highest number of Market tables and figures
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Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Beauty Fridge Market, by Distribution Channel
1.4.2 North America Beauty Fridge Market, by Capacity
1.4.3 North America Beauty Fridge Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Beauty Fridge Market by Distribution Channel
3.1 North America Offline Market by Country
3.2 North America Online Market by Country
Chapter 4. North America Beauty Fridge Market by Capacity
4.1 North America Up to 4 Litres Market by Country
4.2 North America 4 Litres to 7 Litres Market by Country
4.3 North America 7 Litres to 10 Litres Market by Country
4.4 North America More than 10 Litres Market by Country
Chapter 5. North America Beauty Fridge Market by Country
5.1 US Beauty Fridge Market
5.1.1 US Beauty Fridge Market by Distribution Channel
5.1.2 US Beauty Fridge Market by Capacity
5.2 Canada Beauty Fridge Market
5.2.1 Canada Beauty Fridge Market by Distribution Channel
5.2.2 Canada Beauty Fridge Market by Capacity
5.3 Mexico Beauty Fridge Market
5.3.1 Mexico Beauty Fridge Market by Distribution Channel
5.3.2 Mexico Beauty Fridge Market by Capacity
5.4 Rest of North America Beauty Fridge Market
5.4.1 Rest of North America Beauty Fridge Market by Distribution Channel
5.4.2 Rest of North America Beauty Fridge Market by Capacity
Chapter 6. Company Profiles
6.1 Finishing Touch Flawless (Church & Dwight Co., Inc.)
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental Analysis
6.1.4 Research & Development Expense
6.2 The Beauty Fridge (Quick Beauty Pty. Ltd)
6.2.1 Company Overview
6.3 Cooluli
6.3.1 Company Overview
6.4 Teami LLC
6.4.1 Company Overview
6.5 COOSEON
6.5.1 Company Overview
6.6 FaceTory, Inc.
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Product Launches and Product Expansions:
6.7 Hck Refrigeration Tech.Co.,Ltd
6.7.1 Company Overview
6.8 Chefman
6.8.1 Company Overview
Companies Mentioned
- Finishing Touch Flawless (Church & Dwight Co., Inc.)
- The Beauty Fridge (Quick Beauty Pty. Ltd)
- Cooluli
- Teami LLC
- COOSEON
- FaceTory, Inc.
- Hck Refrigeration Tech. Co., Ltd
- Chefman
Methodology
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