Beauty Fridge Market

Beauty Fridge Market Outlook (2024 to 2034)

According to a revised industry report released by Fact.MR, a market research and competitive intelligence provider, the turnover of the global beauty fridge market is estimated at US$ 62.1 million in 2024 and has been projected to rise at 7.1% CAGR to reach a value of US$ 123.3 million by the end of 2034.

Demand for beauty fridges is increasing due to the rising popularity of facial and hair treatments, laser surgeries, nail extensions, and other beauty products & services. More consumers are focusing on the utilization of freshly produced beauty products, and to preserve and store them, beauty fridges help retain their quality and prolong their shelf-life.

The latest beauty fridge market trend is growing demand for easy-to-use appliances which offer fast results with less or no downtime usage session. To address such trends, manufacturers are introducing innovative refrigerators such as the beauty fridge, which facilitates storage space for cosmetics such as creams, lotions, fragrances, and a mirror and lights for makeup products.

Key Market Growth Drivers

• The increasing number of working women globally is somehow positively affecting the beauty fridge market growth as because of this the adoption rate of several cosmetic procedures such as hair removal services, facial treatments, laser skin resurfacing surgeries, and others are rising.
• The development of different skincare products and other facial and hair treatments is driving demand for beauty fridges in several countries such as the United States, United Kingdom, and Germany.
• Demand for beauty fridges is increasing due to the increasing variety of skin care products. By keeping products at the ideal temperature, these fridges aid in preserving their effectiveness. Beauty fridges are crucial for products that include delicate chemicals such as vitamin C, retinol, and organic formulations.
• Social media platforms such as Instagram, TikTok, YouTube, Facebook, and others are contributing to the beauty fridge market size expansion as several influencers are showing their features which is attracting a large consumer base.
• Heat and light cause some components in several skincare products to break down, fridges help to maintain these active elements in better condition and increase their effectiveness.
• Beauty fridges are generally known as a luxury appliance that improves the self-care experience. Several consumers are finding these specialized devices appealing, particularly those who see skincare as a kind of self-care.
• Due to growing e-Commerce platforms, beauty fridges are now widely available to consumers as these products are easy to buy from anywhere in the world.
• Several manufacturing companies are launching beauty fridges with advanced features such as smart networking, LED lighting, and temperature adjustments to attract more consumers.

Report Attribute	Detail
Beauty Fridge Market Size (2024E)	US$ 62.1 Million
Forecasted Market Value (2034F)	US$ 123.3 Million
Global Market Growth Rate (2024 to 2034)	7.1% CAGR
North America Market Share (2024E)	23.9%
East Asia Market Value (2024E)	US$ 13.9 Million
1 to 1.9 cu. Ft. Beauty Fridge Value (2034F)	US$ 27.6 Million
Computer Temperature Control Beauty Fridges Value (2034F)	US$ 68.1 Million
Key Companies Profiled	Beautyfridge; Cooluli; Crownful; Cooseon; Teami; HCK Fridge; Haier; SAST; CHIGO; FaceTory Inc.; Flawless; Koolatron; Midea; Grossag; Chefman; Beautigloo; Aldi.

What are Factors Contributing to the Growing Demand for Beauty Fridges?

“Social Media and e-Commerce Platforms Driving Sales of Beauty Fridges”

Beauty fridges are gaining popularity all over the world and here social media platforms such as YouTube, Instagram, TikTok, Facebook, and others are playing an important role. Beauty fridges or refrigerators are widely used in skincare routines by beauty influencers to show how they arrange and store their products. Because of the setup visual appeal and the influencers’ support, more consumers are influenced and purchase beauty fridges to duplicate this theme in their beauty rooms.

e-Commerce industry is also contributing to growing sales of beauty fridges as they are increasing the availability of these products everywhere. Several consumers are preferring e-Commerce platforms to purchase beauty fridges because of the availability of different types of products with unique features. Because of these platforms, consumers are choosing these refrigerators as per their requirements considering features, budget, and convenience.

What’s Hampering the Rising Adoption of Beauty Fridges Globally?

“Concerns Regarding Malfunction and High Cost of Products”

Beauty fridges are generally considered luxury appliances because they are usually more expensive than other mini-refrigerators. The high cost of beauty fridges possibly put off consumers on a tight budget. This cost factor is negatively affecting the demand growth for beauty fridges. Usually, people who follow wellness and luxury trends or are extremely committed to their skincare routines are purchasing beauty fridges.

Other than this, the fear of longevity of beauty fridges is also restraining several consumers from adopting them. More customers avoid buying these appliances because of issues related to malfunctions.

Country-wise Insights

The North American region is evaluated to hold 23.9% of the worldwide beauty fridge market share in 2024. High interest and popularity of luxury beauty products in the region, positively impacting sales. e-Commerce platforms are also playing a crucial role in increasing demand for beauty fridges in North America due to their huge availability. East Asia holds a significant market share due to its strong beauty and skincare culture and because of these reasons beauty fridge manufacturers are aiming for this market.

Why are Beauty Fridge Manufacturers Aiming at the United States?

“Beauty Culture Trend Positively Affecting Sales”

Attribute	United States
Market Value (2024E)	US$ 6.6 Million
Growth Rate (2024 to 2034)	7.5% CAGR
Projected Value (2034F)	US$ 13.7 Million

Demand for beauty fridges is increasing in the United States due to the rising adoption of skin care culture. Because of this reason, several consumers are spending money on luxury skin care products and complex routines. Beauty fridges help to keep sensitive components such as retinol and vitamin C at the right temperature because they are becoming essential for preserving products' efficacy and increasing their shelf life in the country.

Beauty fridges are a desired addition to beauty routines because their focus on product efficacy reflects consumers' passion for premium skincare.

How is the Demand for Beauty Fridges Shaping Up in South Korea?

“Perfectly Fitting the Well-Known Strong Beauty Culture”

Attribute	South Korea
Market Value (2024E)	US$ 3.1 Million
Growth Rate (2024 to 2034)	7.9% CAGR
Projected Value (2034F)	US$ 6.6 Million

Sales of advanced personal care appliances such as beauty fridges are increasing in South Korea owing to the global influence of K-beauty. The excellent skincare culture of South Korea points out the importance of preserving the effectiveness and freshness of cosmetics. South Korea is well-known for its extensive skincare routines and advanced cosmetics that combine several product layers, including masks and serums. In this setting, beauty fridges are becoming extremely valuable as they offer the perfect storage environment, maintaining the products' potency and increasing their shelf life.

Beauty fridges are enhancing South Korean customers' excellent beauty habits by keeping skincare products cool and at the ideal temperature, improving their whole skincare experience.

Category-wise Insights

Based on application, the market is segmented into skincare products, hair care products, and cosmetics. The skincare products segment holds a significant portion of the global market as several products such as natural oils, vitamin serums, and creams benefit because they are kept at a lower temperature and provide a refreshing feeling to users.

Why Beauty Fridges with 1 to 1.9 cu. Ft. Capacity are Widely Preferred by More Consumers?

“Perfect Size with Space Efficacy and Personal Use”

Attribute	1 to 1.9 cu. Ft. Beauty Fridges
Segment Value (2024E)	US$ 15 Million
Growth Rate (2024 to 2034)	6.3% CAGR
Projected Value (2034F)	US$ 27.6 Million

The preference for beauty fridges with a capacity of 1 to 19 cu. Fit. is high compared to others due to their ideal size for personal use and space efficiency. This specific size of fridge is suitable for use in homes, providing an option that has just enough room to store the needed beauty and skincare products as well and is not too large and thus not too bulky.

Due to their inability to diminish the counters, bathrooms, and dressing tables, they are cherished by customers who pursue the products' quality and visual attraction. Besides that, small fridges are also eco-friendly because they require less energy to keep the refrigerators switched on, nevertheless, keeping the products organized and within reach, thereby fulfilling the storage requirement without consuming unnecessary space.

Why are Sales of Computer Temperature Control Beauty Fridges Rising High?

“Gaining Popularity Among Consumers Due to Convenience and Precision”

Attribute	Computer Temperature Control
Segment Value (2024E)	US$ 33.9 Million
Growth Rate (2024 to 2034)	7.2% CAGR
Projected Value (2034F)	US$ 68.1 Million

The demand for beauty fridges with computer temperature control features is high in comparison with mechanical temperature control ones because of their precision and convenience. Several beauty products need to be kept at the ideal temperature to preserve their efficacy and lifetime. A high percentage of people are preferring computer temperature control beauty fridges as they easily and accurately change settings.

Several computer-temperature beauty fridges are available with digital displays, customizable settings, and smart features, and because of these reasons consumers are getting more attracted to them. Also, these refrigerators increase dependability and capacity to maintain constant temperatures with little variation.

Competitive Landscape

Key players in the beauty fridge market are developing several types of products with unique properties such as built-in LED lighting, sleek designs, adjustable temperature controls, auto temperature adjustments, and others to gain the attention of more consumers.

• In December 2023, with the release of its original innovations in the United States, beauty technology pioneer Beautigloo, or www.beautigloo.com, is poised to elevate beauty routines to new heights. The start-up, whose clientele includes well-known brands including Dior and Shiseido, debuts a new revolutionary beauty fridge and face massagers at CES 2024.
• In August 2022, Aldi introduced a compact refrigerator designed for beauty enthusiasts to preserve freshness and yield remarkable skincare outcomes for their skincare and makeup items.

Fact.MR provides detailed information about the price points of key manufacturers of beauty fridges positioned across the world, sales growth, production capacity, and speculative technological expansion, in this updated market report.

Segmentation of Beauty Fridge Market Research

• By Product :

  • Mechanical Temperature Control
  • Computer Temperature Control

• By Capacity :

  • Less than 1 cu. Ft.
  • 1 to 1.9 cu. Ft.
  • 2 to 2.9 cu. Ft.
  • 3 to 3.9 cu. Ft.
  • 4 to 5 cu. Ft.

• By Buyer Group :

  • Household
  • Commercial

• By Sales Channel :

  • Wholesalers/Distributors
  • Hypermarkets/Supermarkets
  • Multi-Brand Stores
  • Exclusive Stores
  • Independent Small Stores
  • Online Retailers

• By Region :

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa