Beauty Fridge Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2024-2032F, Segmented By Product Type (Mechanical Temperature Control and Automatic Temperature Control), By Capacity (Less than 5 Liters, 5-10 Liters, and More Than 10 Liters), By Distribution Channel (Online and Offline), By Region, Competition

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format

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Beauty Fridge Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2024-2032F, Segmented By Product Type (Mechanical Temperature Control and Automatic Temperature Control), By Capacity (Less than 5 Liters, 5-10 Liters, and More Than 10 Liters), By Distribution Channel (Online and Offline), By Region, Competition

The global beauty fridge market is anticipated to project robust growth in the forecast period due to the increasing consumer awareness, growing impact of social media platforms, increasing women employment and changing lifestyle.

A small, chilled container known as a "Beauty Fridge Market" is comparable to a standard mini fridge. However, those designed specifically for products typically have modest compartments reserved for creams, face masks, oils, perfumes, etc.

The fashion and beauty industries are expanding rapidly. People are eager to go above and beyond to achieve the greatest outcomes and are more diligent about their beauty regimens today. One of the newest things that users are embracing is the Beauty Fridge Market. It is a little refrigerator used to store skincare and cosmetics to improve results and lengthen shelf life.

Increasing Social Media Awareness Will Fuel the Expansion of Market

Social media has become a widely used marketing channel where businesses and consumers can engage and communicate in real time. Social media is almost universally used by companies with an online presence to promote their products. However, the beauty industry has benefited more than any other sector from the rise of social media marketing.

Increasing the Shelf Life and Efficiency of Beauty Products Will Cater the Market

There are various ideas about how to store skincare items. Manufacturers of cosmetics claim that storing them in the refrigerator is not necessary but that keeping them between 5 and 10 degrees Celsius will help prevent the growth of germs, yeast, and the deactivation of some preservatives. The makeup products will last longer if they are kept cool in a Beauty Fridge Market. Additionally, the skin is soothed by chilly temperatures. Itching, acne outbreaks, sunburn, and other skin issues are lessened by the chilly temperature and utilizing cold products. These elements are assisting the product's commercial acceptance.

Increasing Working Women Population Will Help in Expanding The Market

It is well known that largest share of consumers in the beauty and cosmetics sector is of women. The market for beauty devices is being impacted by the current trends in beauty treatments, such as laser surgeries, nail extensions, facial and hair treatments, and other aesthetic products & services. People who spend a lot of money on skincare would probably also invest in storage solutions to maintain the effectiveness of the products. In particular, women, who now account for nearly 50.4% of all jobs in the country, seem to be doing well in the American economy in 2020. Customers purchasing power has improved as a result of their increased disposable income. These beauty fridges may be used to store daily grooming supplies and other beauty care items that are simple to use and function better with a decent result in less time, making them ideal for the working population who have limited time to spend on beauty services and visit salons. This is expected to support market expansion on a global scale.

Market Segmentation

The beauty fridge market is segmented based on product type, capacity, and distribution channel. Based on product type, the market is segmented into mechanical temperature control and automatic temperature control. Based on capacity, the market is segmented into


MIR Segment1

Company Profiles

The Quick Flick Pty Ltd., Teami LLC., Lisse USA LLC (Cooluli), HCK (

Attribute

Details

Base Year

2022

Historical Years

2018 â€“ 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion, Volume in Million and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

Product Type

Capacity

Distribution Channel

Region

Regional Scope

North America, Asia-Pacific, Europe, Middle East & Africa and South America

Country Scope

United States, Canada, Mexico, China, India, Japan, South Korea, Indonesia, Germany, France, United Kingdom; Italy, Spain, Saudi Arabia, UAE, South Africa, Turkey; Brazil; Argentina, Colombia

Key Companies Profiled

The Quick Flick Pty Ltd., Teami LLC., Lisse USA LLC (Cooluli), HCK (USA) LLC, RJ Brands, LLC (Chefman), FaceTory Inc, Church & Dwight Co., Inc. (Flawless), Nekteck Inc (Crownful), COOSEON and Koolatron Corporation  

Customization Scope

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