Personal Care Electrical Appliances Market to Reach $28,007 Million by 2022 | Leading Players: Remington Products Company, Procter and Gamble (Braun GmbH/Oral B), Conair Corp., Royal Philips Electronics NV, Panasonic Corporation
Personal Care Electrical Appliances Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $28,007 million by 2022.The hair care appliances segment is estimated to dominate this market throughout 2016 - 2022. North America accounted for around two-fifths share of the market in 2015.
Growth in ageing population, improving economic conditions, increasing awareness regarding personal grooming, inclination towards automation, and growing online sales are factors that drive the market growth. In addition, growing urban population and increasing demand from untapped markets such as Asia-Pacific and LAMEA are anticipated to further drive the demand for the personal care electrical appliances market. However, lack of durability and high cost of the products limit the market growth.
Download Report Sample @ https://www.alliedmarketresearch.com/request-sample/642
The hair care appliances segment accounted for over two-fifths of the global personal care electrical appliances market in 2015, owing to the influence of western lifestyle on the population of developing and untapped regions. The hair straightener sub-segment was the leading revenue contributor to the global hair care appliances market in 2014, accounting for more than 43% share, and is further expected to dominate the market throughout the forecast period, growing at a CAGR of 7.1% from 2016 to 2022. The hair stylers segment is the fastest growing market, registering a CAGR of 10.0% from 2016 to 2022. This is attributed to growing inclination of women towards styled hair rather than straightening.
Trimmer was the leading revenue contributor to the global hair removal appliances segment owing to its established market status and historical trend of trimmed beard. Epilators and shavers together contributed around 47% share in 2014 and would grow at a CAGR of 10.2% and 10.8% respectively during the forecast period. Epilators have a different mode of action as that of shavers. They do not remove the hair from surface, rather pluck off hair strands from their roots. This gives a permanent solution as compared to shaving. Therefore, men use shavers for facial hair, whereas women prefer epilators. The availability of substitute products, such as hair removal creams, and others act as replacements for epilators; thereby, limiting their growth. Consumers shift from creams and other hair removal methods to epilators is expected to be gradual in untapped markets of the Asia-Pacific and LAMEA regions.
• Remington Products Company
• Procter and Gamble (Braun GmbH/Oral B)
• Conair Corp.
• Royal Philips Electronics NV
• Panasonic Corporation
• Groupe SEB
• Helen of Troy L.P
• HoMedics Inc.
• LION Corp
Buy Now @ https://www.alliedmarketresearch.com/checkout-final/286d1f7cebe829425c00e6201820ab49
Personal care electrical appliances are used by both men and women. Female buyers have a higher share in hair care products, whereas males dominate the shavers market. The female customers segment is expected to outpace the male customers segment in the near future. However, the male customers segment would generate a notable revenue by 2022 growing at a CAGR of 8.6% during the forecast period.
Electric toothbrush is the primary product under the oral care appliance segment that dominates the market. Plaque removers are electric toothbrushes with a rotatory brush head especially made to remove plaque. Plaque removers have gained importance among people with periodontal issues, while the device is not common among buyers. In 2014, powered toothbrush was the leading revenue generator in the oral care segment, and is projected to dominate the market throughout the analysis period.
The small domestic equipment market is the parent market for personal care electrical appliances, and the prevailing trend in this business area has a similar impact on the personal care market. The global market for personal care electrical personal care appliances has witnessed steady growth, and is expected to maintain this trend throughout the forecast period. The Asia-Pacific, Middle East, and Africa are expected to exhibit incremental growth during the forecast period due to growing awareness and rising disposable income. Brazil, Russia, India, and China (BRIC) are the countries with the highest growth potential during the forecast period. As per the present market scenario, North America generated the highest revenue in 2014, accounting for around two-fifths of the market value, and is expected to dominate the market throughout the analysis period. Asia-Pacific is projected to be the fastest growing market registering a CAGR of 13.4% from 2016 to 2022.
Key findings of the Personal Care Electrical Appliances Market:
• In the year 2014-2015, hair care appliances segment led the overall personal care electrical appliances market revenue, and is projected to grow at a CAGR of 7.7%.
• Oral care appliances is expected to be the third highest revenue-generating segment by 2022 and would grow at the highest CAGR of 11.4% during the forecast period.
• Hair stylers is anticipated to be the fastest growing market segment for the hair care appliances market and is projected to grow at a CAGR of 10%.
• North America generated the highest revenue, among all regions in 2014, and would dominate the market throughout the forecast period.
Access Full Summery @ https://www.alliedmarketresearch.com/personal-care-electrical-appliances-market
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Personal Care Electrical Appliances Market to Reach $28,007 Million by 2022 | Leading Players: Remington Products Company, Procter and Gamble (Braun GmbH/Oral B), Conair Corp., Royal Philips Electronics NV, Panasonic Corporation here
News-ID: 1787029 • Views: 1109
More Releases from Allied Market Research
North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently
More Releases for CAGR
Wireless Charging Industry Climbing Towards CAGR 45.5%
According to a recent report published by Allied Market Research, titled, Global Wireless Charging Market by Technology and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018-2025, The global wireless charging market was valued at $5,220.0 million in 2017, and is projected to reach $71,213.0 million by 2025, registering a CAGR of 38.7% from 2018 to 2025. At present, Asia-Pacific dominates the market, followed by North America. In 2017, the U.S.
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Global Serious Games Market Show 19.2% CAGR
A new report added by Allied Market Research, forecast that the global serious games market was valued at $2,731 million in 2016, and is projected to reach $9,167 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023. The consumers segment is anticipated to grow at the highest rate during the forecast period. Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to
Biogas Market CAGR to Grow at 6.5%
Global demand for biogas has witnessed a spike in demand, owing to mounting concerns over depleting fossil reserves and environmental impact of conventional fuels. According to Future Market Insights, global biogas market revenues totalled nearly US$ 24.5 Bn in 2015. During the forecast period 2016-2026, global biogas revenues are estimated to reach US$ 48, 761.2 million, growing at a steady 6.5% CAGR. Between 2016 and 2026, the global biogas revenues
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071910-global-bioinsecticides-market-growth-trends-forecast-for-the-period-2017-2022 Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020
Biofertilizers Market witnessing a CAGR of 13.3%
Reports And Markets Publish a New Market Research Report On –"Biofertilizers Market - By Microorganism, Application and Geography - Trends and Forecasts (2016 -2021)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071907-global-biofertilizers-market-by-microorganism-application-forecasts-2016-2021 Market Insights The global biofertilizers market, estimated at USD 590.9 million in 2015, is projected to reach USD 1.23 billion by 2021, witnessing a CAGR of 13.3% during the forecast period. The biofertilizers market is highly fragmented, with many small