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.
Some of the key questions
answered in this exclusive report are:
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?
Market Segmentation:
In this market, hair
care appliances, hair removal appliances, and oral care appliances are the
major segments of personal care electrical appliance market by product.
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.
Koninklijke Philips,
Spectrum Brands, Omron Healthcare, Wahl Clipper, Waterpik Technologies,
Remington Products Company, and Procter and Gamble are the major suppliers in
the personal care electrical appliance market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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