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Global Hair Care Appliances Market Growing at a CAGR of 5.2% during 2017-2026

07-17-2018 09:14 AM CET | IT, New Media & Software

Press release from: MRRSE

MRRSE

MRRSE

Market Research Report Search Engine (MRRSE) recently announced the addition of a new research study to its comprehensive collection of research reports. The research report, titled “Global Market Study on Hair Care Appliances: APEJ to be a Highly Attractive Region During 2017 – 2026” offers a detailed analysis of the market providing insights into the market dynamics that are expected to influence the overall market positively in the next few years. Furthermore, the product segmentation, drivers, barriers, key geographical segments, and the competitive scenario of the global Hair Care Appliances Market have been elaborated upon in the research report.

Request Free Sample on Hair Care Appliances Market Research Report @ https://www.mrrse.com/sample/4758

Personal care sector has gained high attention among consumers. Consumers are becoming highly conscious regarding grooming and personal hygiene. This has led to growing usage of personal care appliances especially across developed regions. Hair care appliances, being a part of personal care, are gaining sufficient traction among different consumer classes. Both men and women are using hair care appliances to improve their grooming and hygiene.  

Global hair care appliances market is witnessing a steady pace. Technological advances in hair care have raised the expectation bar of individuals who are demanding for better quality hair care appliances. Along with developing markets, emerging economies also have reflected higher adoption of hair care appliances. Sale of hair care appliances in these regions has boosted the growth of the global market and this trend is expected to continue in the coming years. Men end users for hair care appliances are increasing and are expected to present potential opportunities for players to introduce advanced appliances for men in the coming years.

Persistence Market Research has covered an in-depth analysis on global market for hair care appliances. As per the analytical research study on hair care appliances, the global market is projected to expand at a value CAGR of 5.2% during the period of analysis, 2017-2026. Need of time saving hair care appliances among men and women is expected to generate high growth opportunities for the global market in the near future.

Players have heavily invested in research and development to alter their products as per consumer preference and requirements. Moreover, large companies have collaborated with local players, either by forming strategic alliances or acquisitions, to gain hold of the local market. Players that are operating in the global hair care appliances market include Philips, Panasonic, Conair Corporation, Helen of Troy, TESCOM, Andis and Beauty Elite Group.

Asia Pacific excluding Japan to be a Highly Lucrative Region

Asia Pacific excluding Japan (APEJ) region is expected to continue fuelling the growth of the global hair care appliances market. Increasing population in India and China has largely contributed to the use of hair care appliances. Moreover, manufactures have introduced various up-gradations in their products that have spurred the adoption of hair care appliances across APEJ. Sales of hair care appliances in this region is poised to cross US$ 6 Bn by end of assessment period largely driven by middle class population in China and India. South Korea has also shown higher contribution for growth in sales of hair care appliances in APEJ during the forecast period.

Browse Detail on Hair Care Appliances Market Research Report with TOC @ https://www.mrrse.com/hair-care-appliances-market

Sales of Flat Irons Continue to Increase in the Global Market

Flat irons are widely used hair care appliances. Their adoption is driven by increasing demand from customers for hair straightening giving salon type quality at home. Several developments in flat irons has pushed their acceptance worldwide. Recent innovations include Panasonic’s newly launched flat iron device that works on nanoeTM technology, is used for hair straightening. According to this research report, flat irons continue to dominate the global hair care appliances market by largely contributing to the market’s growth.

Departmental Stores and Specialty Stores to Increase Hair Care Appliances’ Sales

Sales of hair care appliances depend upon various aspects such as brand name, specifications and appropriate distribution channels. By far, manufacturers have focused on specialty stores that are promising higher sales of their products. These stores are expected to retain their status quo as lucrative sales channel for hair care appliances in the coming years. Also, rate of sales of hair care appliances from departmental stores is also expected to grow at a significant pace during the forecast period.

Adoption of Hair Care Appliances in Male Population to Expand at a Significant Rate

Use of hair care appliances has been higher among females. However, with rising trend of self-grooming and personal hygiene, the use of these devices has been increasing among men population as well. Appliances such as hair dryers have gained high traction among males. The use of hair care appliances among males is expected to rise at a rate of 6.8% during the forecast period. Women, on the other hand are still a dominating segment in the global hair care appliances market.

For More Information / Any Query Ask @ https://www.mrrse.com/enquiry/4758

About (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords. 

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

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