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Epilator Market 2023 Driving Factors Forecast Research 2029

01-12-2023 10:13 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Epilator Market

Epilator Market

The global epilator market is anticipated to grow at a significant CAGR of 8% during the forecast period. Epilators are an electronic device which is used to remove hair from the body from its roots. It grasps multiple hairs simultaneously and pulls them out. The major driving factor for the growth of the epilator market is its advantage over other hair removal methods including waxing and shaving. Waxing causes a lot of pain as compared to the epilator. Epilators are easy to use and they also have the least cost compared to the laser hair removal method. However, the lack of awareness about the product being underdeveloped is hindering the growth of the market. Additionally, the side effects such as skin irritation, and skin bumps caused by using epilators is the major factor hampering the market growth.

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Another major factor contributing to the growth of the epilator market is companies entering the market of epilators in February 2021, Havells India Ltd entered the electric skincare segment with the launch of a skincare essential range to offer personalized grooming and salon-like experience at home to the customers. In addition, the emergence of several companies such as Panasonic and Philips in the epilator market to offer the product with innovation and through various promotional advertisement activities is expected to fuel the market shortly. Additionally, the increasing awareness and consciousness of physical appearance in youth and mostly females are contributing to the growth of the epilator market.

full report of Epilator Market available @ https://www.omrglobal.com/industry-reports/epilator-market

• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Global Epilator Market Report
By Gender
• Male
• Female

By Type
• Tweezers
• Spring
• Rotating Disc

By Technology
• Manual
• Electric
o Rechargeable
o Dry Battery Type
o Plug-in Power

By Product Feature
• Floating Head
• Instrument Depilation
• Single Knife Net
• Double Knife Net

By Application
• Facial
• Body

By End-User
• Home Use
• Beauty Salon
• Hospitals

Global Epilator Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa

The Report Covers
• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global epilator market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/epilator-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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