Report Ocean has recently published the “Personal Care Electrical Appliances Market “ Research Report 2023-2031, offering a comprehensive analysis of the market. This report delves deep into the market dynamics, including key trends, upcoming technologies, drivers, challenges, and regulatory policies. It also features company profiles and strategies of prominent players in the industry. With over 100+ market data tables, pie charts, graphs, and figures, this global market study provides a thorough understanding of the market landscape. It presents a complete assessment, encompassing future trends, current growth factors, informed opinions, factual insights, and industry-validated market data, enabling accurate forecasts until 2031.
Personal care electrical appliances are used for personal grooming purpose. These products include hair care, oral care, and other personal hygiene products, which are either battery- or electricity-operated. The market is expected to grow at a steady pace for products that are already established in the market. However, the sales of comparatively newer products, such as hair stylers and oral care appliances are expected to witness faster adoption in the global market. The market has witnessed rapid growth in revenue, due to continuous increase in price of established products and premiumization trend. Buyers, especially in the developed countries, are conscious regarding brand and quality, which are crucial factors that influence them to buy premium products.
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Improving economic environment, growing aging population, and increasing disposable incomes are the key drivers of this market. Lack of awareness regarding novel products, and durability are the key restraints for the market. The market segment for hair dryers exhibit mature product cycle in the developed economies with a strong market in the emerging economies. However, newer products, such as oral care appliances, are projected to gain awareness in the emerging economies. Lack of durability is another factor that hampers the market growth. Although premium products are durable, numerous local companies offer non-durable products, which create reluctance among customers toward buying these products. The personal care electrical appliances market generated a revenue of $15,076 million in 2014 and is expected to reach a market value of $28,007 million by 2022 with a CAGR of 8.7%.
The personal care electrical appliances market has been segmented based on product type and geography. Based on product type, the market is primarily segmented into hair care appliances, hair removal appliances, oral care appliances, and others personal care products. In 2014, the hair care appliances segment and hair removal appliance together held more than 75% share of the world personal care electrical appliances market. The market is categorized based on region into North America, Europe, Asia-Pacific, and LAMEA. North America is the leading revenue contributor to the global market, and is expected to maintain this trend throughout the forecast period. Europe is expected to be the second leading revenue contributor, followed by the Asia-Pacific region. However, the Asia-Pacific region is expected to grow at the highest CAGR of 13.4% during the forecast period.
Key Benefits
The report provides information regarding key drivers, restraints, and opportunities along with their impact analysis
Quantitative analysis of the current market and estimations for the period of 2016-2022 is provided in the report to highlight the financial aspiration of the market.
The report provides quantitative as well as qualitative market trends to help stakeholders to understand the market scenario.
Porter’s Five Forces analysis provides inputs on the potential of buyers and suppliers, and highlights the competitive structure of the market to enable companies to devise effective growth strategies and to facilitate better decision-making.
Value chain analysis provides key inputs on the role of different stakeholders involved at various stages in the value chain.
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Key Players
Remington Products Company
Procter and Gamble (Braun GmbH/Oral B)
Conair Corp
Royal Philips Electronics NV
Panasonic Corporation
Groupe SEB
Colgate-Palmolive
Helen of Troy L.P
HoMedics Inc.
LION Corp.
Other players in the value chain include:
Povos
Flyco
Johnson & Johnson Services Inc.
Paiter
BaByliss PRO
Spectrun Brands Inc.
Ragalta USA
Wahl Clipper Corporation
Andis Company
Shiseido Co.
Unilever
Tescom & Co. Ltd.
Market by Product Type
Hair Care Appliances
Hair Dryers
Hair Straighteners
Hair Stylers
Hair Removal Appliances
Epilators
Shavers
Clippers
Trimmers
Oral Care Appliances
Powered Toothbrush
Other Oral Care Appliances
Other Appliances
Market by Gender
Male
Female
Market by Geography
North America
Europe
Asia-Pacific
LAMEA
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Table of Contents:
- Introduction and Scope
- Definition and Forecast Parameters
- Methodology and Forecast Parameters
- Information Sources
- Latest Trends Summary
- Regional Trends
- Product Trends
- End-Use Trends
- Business Trends
- Industry Insights
- Industry Fragmentation
- Industry Landscape
- Vendor Matrix
- Technological and Innovative Landscape
- Market by Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
- Company Profiles
- Company Overview
- Financial Elements
- Product Landscape
- SWOT Analysis
- Systematic Outlook
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Key Questions Market Research and Analysis Report
- What is the current market size, both in terms of value and volume?
- What is the historical growth rate of the market, and what are the projected growth rates for the future?
- Who are the major players in the market, and what is their market share?
- What are the market trends and dynamics influencing the industry?
- What are the key drivers of market growth?
- What are the challenges and barriers faced by market participants?
- What are the emerging opportunities in the market?
- What is the competitive landscape of the market?
- What are the consumer preferences, behaviors, and buying patterns within the market?
- What is the market segmentation, and how are different market segments performing?
- What are the pricing trends and strategies in the market?
- What are the distribution channels and their effectiveness in reaching the target audience?
- What are the regulatory and legal factors impacting the market?
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