Personal Care Appliances Market Shipments to Hit 200 Million Units by 2025: Global Market Insights, Inc.
With majority of beauty-conscious consumers focusing on enhanced hair services, hair care products are emerging as one of the most promising segments of personal care appliances market.
SELBYVILLE, Del., April 8, 2020 /PRNewswire/ -- According to latest report "Personal Care Appliances Market Size By Product (Hair Care [Hair Dryer, Hair Straightener, Hair Styler], Hair Removal [Trimmer, Power Shaver, Epilator], Oral Care [Power Toothbrush, Oral Irrigator]), Power Supply (Battery Operated, Electric), Sales Channel (Online, Retail), Regional Outlook, Price Trend, Competitive Market Share & Forecast 2025", by Global Market Insights, Inc., the market valuation of personal care appliances will cross $30 billion by 2025.
With majority of beauty-conscious consumers focusing on enhanced hair services, hair care products are emerging as one of the most promising segments of personal care appliances market. Hair care products such as hair dryers, hair curlers, and straighteners are witnessing massive demand by the consumers.
The growing trend of permanent hair straightening and curling are expected to scale up the sales of hair care appliances. Furthermore, introduction of sophisticated products such as keratin-based hairdryers & straighteners to reduce hair damage is likely to intensify the market demand.
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The advent of e-commerce has been a boon for many businesses, including personal care appliances market. Lucrative discounts, convenient payment methods, easy returns, and the availability of a myriad range of unique and affordable products have made online shopping as one of the most preferred option for consumers.
The Asian countries are generating a major chunk of the overall demand. Asian consumers being price-sensitive, are highly influenced by low-cost offering of these products on online channels, in turn making APAC as one of the popular market growth avenues.
The Europe personal care appliances market is developing rapidly owing to availability of a wide product variety and strong presence of several manufacturers. High awareness of European citizens about the product benefits and focus on maintaining body health are supporting the industry expansion prospects.
Additionally, European consumers are focusing on oral health due to increasing mouth diseases and teeth problems in the old & middle-aged population, leading to the demand for oral care electronics. To cater the increasing demand, oral care & hair appliance companies are launching highly efficient products in Europe.
Elaborating further on the regional landscape, Asia Pacific is another prominent growth ground for the market. In 2018, APAC personal care appliances market size stood at USD 7 billion. Due to extension of spending capabilities and growing awareness regarding personal care, hair care and grooming products are witnessing heightened demand in the region. India, China, and Japan are deemed to be the chief regional revenue pockets.
Major companies in the market are Panasonic Corporation, Koninklijke Philips N.V., Spectrum Brands, Procter & Gamble Company, Havells India Limited, Colgate Palmolive Company, Conair Corporation, and Wahl Clipper Corporation. The industry players are involved in developing technically advanced appliances including smartphones connectivity and intelligent power-saving features.
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Table of Contents (ToC) of the report:
Chapter 3. Personal Care Appliances Market Insights
3.1. Industry segmentation
3.2. Industry landscape, 2015 – 2025
3.3. Industry ecosystem analysis
3.3.1. Component suppliers
3.3.2. Manufacturers
3.3.3. Distribution channel analysis
3.3.4. End-use landscape
3.3.5. Vendor matrix
3.4. Technology & innovation landscape
3.5. Regulatory landscape
3.5.1.1. North America
3.5.1.2. Europe
3.5.1.3. Asia Pacific
3.5.1.4. Latin America
3.5.1.5. MEA
3.6. Industry impact forces
3.6.1. Growth drivers
3.7. Growth potential analysis
3.8. Porter's analysis
3.8.1. Supplier power
3.8.2. Buyer power
3.8.3. Threat of new entrants
3.8.4. Threat of substitutes
3.8.5. Internal rivalry
3.9. Competitive landscape, 2018
3.9.1. Company market share analysis
3.9.2. Strategy dashboard (New product development, M&A, R&D, Investment landscape)
3.10. PESTEL analysis
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https://www.gminsights.com/toc/detail/personal-care-appliances-market
About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Corporate Sales, USA
Global Market Insights, Inc.
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Global Personal Care Appliances Market revenue to cross US$30 Bn by 2025: GMI
The Europe personal care appliances market is developing rapidly owing to availability of a wide product variety and strong presence of several manufacturers.
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