Electric Hair Brush Market To Grow At 5.4% CAGR by 2025, Owing To Rising Trend of Hair Styling Among Women Influenced by Fashion Campaigns Through Social Media | Million Insights

FELTON, Calif., Sept. 2, 2020 /PRNewswire/ -- The global electric hair brush market size is projected to reach USD 694.1 million by 2025, according to a new report published by Million Insights, registering a CAGR of 5.4% over the forecast duration. The growing trend of hair styling among the female population influenced by fashion campaigns by YouTube, Pinterest, and Facebook is expected to promote the demand for an electric hairbrush. Moreover, the increasing aging issues led to hair fall and other problems, which, in turn, are predicted to influence the consumers to spend on these products.

Digitalization and the preference for convenient products have led to the demand for technologically advanced products. For example, L'Oréal, in January 2017, launched a smart hairbrush under the name, Kerastase Hair Coach contains sensors which aim to minimize the risks relating to split ends and hair breakage and assist the customers on hair quality and brushing patterns.

Please click here to get the sample pdf and find more details on "Electric Hair Brush Market" Report 2025.

Asia Pacific is predicted to register a CAGR of 7.2% for the period of 2019 to 2025. The surge in demand is due to the increased concentration of middle-income groups who are willing to spend more on these products in countries like India and China. Furthermore, the increased concentration of beauty parlors and salons due to urbanization is also expected to contribute to the demand in these countries.

The key players in the electric hair brush market include Rozia; Philips; VEGA; DAFNI; GLAMFIELDS; Revlon, Inc.; Gooseberry; MiroPure; Corioliss; AsaVea; and L'Oréal S.A. The rising number of domestic suppliers in countries like India and China is predicted to limit the scope of premium brand owners of this market. Companies are increasing investment on producing advanced products with smart features coupled with convenience to the customers. In addition, the rising number of smartphone users, availability of tablets, and improved connectivity are predicted to drive the manufacturing companies to expand their products in online portals.

Further key findings from the report suggest:

• Based on application, the professional division held a revenue share of 70.8% in 2018 due to ease of utility among barbers and fashion experts of this segment.
• The online channel is expected to register a CAGR of 6.2% for the period of 2019 to 2025.
• Europe was the dominant country with a 35.0% revenue share in 2018 due to higher demand for straightened hair among women in the U.K. and Germany.
• India and China are predicted to remain profitable markets due to the increasing number of middle-income groups.
• Product innovation is projected to remain a major factor for industry players.

Browse 80 page research report with TOC on "Global Electric Hair Brush Market" at: https://www.millioninsights.com/industry-reports/global-electric-hair-brush-market

Million Insights has segmented the global electric hair brush market on the basis of application, distribution channel, and region:

• Electric Hair Brush Application Outlook (Revenue, USD Million, 2015 - 2025)
• Professional
• Personal
• Electric Hair Brush Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
• Offline
• Online
• Electric Hair Brush Regional Outlook (Revenue, USD Million, 2015 - 2025)
• North America
• U.S.
• Europe
• Germany
• U.K
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Middle East & Africa

Browse latest market research reports available with Million Insights:

• Construction Equipment Rental Market - The global construction equipment rental market size was worth USD 92.9 billion in 2019. It is estimated to exhibit a CAGR of 4.9% from 2020 to 2027. Increasing mining and construction activities in emerging countries are attributing to the growth of the market.
• LED Driver Market - The global LED driver market size accounted for USD 4.07 billion in 2018 and projected to grow at 16.3% CAGR over the forecast period, from 2019 to 2025. Technologically advanced solution in LED lighting has improved performance and efficiency, which is expected to drive the LED drive demand during the forecast period.
• Warehouse Robotics Market - The global warehouse robotics market size was worth USD 3.19 billion in 2018. The market is anticipated to expand at a CAGR of 11.0% over the forecast duration, 2019 to 2025. Automation in warehousing is estimated to gain traction as it reduces the cost and time significantly of various warehouse processes.
• Wood Plastic Composite Market - The global wood plastic composite (WPC) market size was worth USD 5.3 billion in 2019. The market is estimated to grow at 11.4% CAGR from 2020 to 2027. Increasing focus on the development of sustainable construction materials coupled with rising repair and renovation activities are driving the market growth.

About Million Insights:

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place, that will enable you to compare data points, before you make a purchase. Enabling informed buying, is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Contact:

Ryan Manuel
Research Support Specialist, USA
Million Insights
Phone: +1-408-610-2300
Toll Free: 1-866-831-4085
Email: [email protected]
Web: https://www.millioninsights.com/
Follow Us: LinkedIn | Twitter