Personal Care Electrical Appliance Market Report: Trends, Forecast and Competitive Analysis to 2030
Personal Care Electrical Appliance Trends and Forecast
The future of the global personal care electrical appliance market looks promising with opportunities in the online and offline markets. The global personal care electrical appliance market is expected to reach an estimated $35.7 billion by 2030 with a CAGR of 6.6% from 2024 to 2030. The major drivers for this market are growing focus on individuals' commitment to personal health and hygiene, rising expenditure capacities of the consumers, and rapid urbanization across the globe, as well as, changing consumer's lifestyle.growing focus on individuals' commitment to personal health and hygiene, rising expenditure capacities of the consumers, and rapid urbanization across the globe.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Personal Care Electrical Appliance by Segment
The study includes a forecast for the global personal care electrical appliance by product, type, distribution channel, end use industry, and region.
Personal Care Electrical Appliance Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- Hair Care Appliances
- Hair Removal Appliances
- Oral Care Appliances
- Others
Personal Care Electrical Appliance Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Electric
- Battery Operated
Personal Care Electrical Appliance Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
Personal Care Electrical Appliance Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
Personal Care Electrical Appliance Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Personal Care Electrical Appliance Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies personal care electrical appliance companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the personal care electrical appliance companies profiled in this report include-
- Koninklijke Philips
- Spectrum Brands
- Omron Healthcare
- Wahl Clipper
- Waterpik Technologies
- Remington Products Company
- Procter and Gamble
Personal Care Electrical Appliance Market Insights
Lucintel forecasts that hair care appliances will remain the highest growing segment over the forecast period because of growing technological advancement in hair care appliances and increasing demand of the hair tools among young adults.
Within this market, online will remain the higher growing segment over the forecast period due to increasing penetration of smartphone and internet and growing preference towards e-shopping among consumers.
North America will remain the largest region over the forecast period due to strong economic environment and substantial female customer base that relies on a wide range of personal care electrical devices, as well as, rising preference for using epilators as an alternative to waxing and other hair removal methods by women in this region.
Features of the Global Personal Care Electrical Appliance Market
Market Size Estimates: Personal care electrical appliance market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Personal care electrical appliance market size by various segments, such as by product, type, distribution channel, end use industry, and region in terms of ($B).
Regional Analysis: Personal care electrical appliance market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, types, distribution channels, end use industries, and regions for the personal care electrical appliance market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the personal care electrical appliance market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the personal care electrical appliance market size?
Answer: The global personal care electrical appliance market is expected to reach an estimated $35.7 billion by 2030.
Q.2 What is the growth forecast for personal care electrical appliance market?
Answer: The global personal care electrical appliance market is expected to grow with a CAGR of 6.6% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the personal care electrical appliance market?
Answer: The major drivers for this market are growing focus on individuals' commitment to personal health and hygiene, rising expenditure capacities of the consumers, and rapid urbanization across the globe.
Q4. What are the major segments for personal care electrical appliance market?
Answer: The future of the personal care electrical appliance market looks promising with opportunities in the online and offline markets.
Q5. Who are the key personal care electrical appliance market companies?
Answer: Some of the key personal care electrical appliance companies are as follows:
- Koninklijke Philips
- Spectrum Brands
- Omron Healthcare
- Wahl Clipper
- Waterpik Technologies
- Remington Products Company
- Procter and Gamble
Q6. Which personal care electrical appliance market segment will be the largest in future?
Answer: Lucintel forecasts that hair care appliances will remain the highest growing segment over the forecast period because of growing technological advancement in hair care appliances and increasing demand of the hair tools among young adults.
Q7. In personal care electrical appliance market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to strong economic environment and substantial female customer base that relies on a wide range of personal care electrical devices, as well as, rising preference for using epilators as an alternative to waxing and other hair removal methods by women in this region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the personal care electrical appliance market by product (hair care appliances, hair removal appliances, oral care appliances, and others), type (electric and battery operated), distribution channel (online and offline), end use industry (male and female), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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