Global Personal Care Appliances Market Comprehensive Study: Forecasted Market Size And Growth Rate | Koninklijke Philips N.V., Conair Corporation, Dyson Ltd., Havells India Ltd., Helen of Troy Limited, Procter & Gamble Co., Panasonic Corporation, Spectrum

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2617

The Business Research Company offers in-depth market insights through Personal Care Appliances Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The personal care appliances market size has grown strongly in recent years. It will grow from $21.27 billion in 2023 to $22.75 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to changing lifestyles, smart personal care appliances, e-commerce growth, increased exposure to global beauty and grooming, environmental awareness.

The personal care appliances market size is expected to see strong growth in the next few years. It will grow to $29.68 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to smart personal care appliances, health and wellness emphasis, aging population, personal care appliancpersonalization and customization, rise in male grooming. Major trends in the forecast period include eco-friendly design, skin health focus, portable and travel-friendly, gender-neutral products, sonic and ultrasonic technology.

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Market Segmentation:
The main types of personal care appliances products include hair care, hair removal, oral care and other products. Hair care appliances are used for hair care on the human scalp, and to a lesser extent facial, pubic and other body hair. There are many types of hair care devices are available such as hair dryers, hair straighteners, curling brushes, hair clippers, curling irons, hair setters and others. The different distribution channels include online and offline for end-users including male and female.

Major Driver - Growth Of The E-Commerce Industry Fuels The Demand For Personal Care Appliances
The increase in the e-commerce industry is expected to propel the growth of the personal care appliances market going forward. The e-commerce industry refers to the transactions of sale of products online. E-commerce helps in easy promotion and sales of products to customers. For instance, according to India Brand Equity Foundation, a government-based promotion agency, the e-commerce market in India reached $52.57 billion and $67-84 billion in 2020 and 2021 respectively, and is expected to reach $350 billion by 2030. Therefore, the positive outlook of the e-commerce industry is driving the personal care appliances market.

Competitive Landscape:
Major companies operating in the personal care appliances market include Koninklijke Philips N.V., Conair Corporation, Dyson Ltd., Havells India Ltd., Helen of Troy Limited, Procter & Gamble Co., Panasonic Corporation, Spectrum Brands Inc., Conair Corporation, Andis Company, Dyson Limited, Samsung Electronics Co. Ltd., LG Corporation, Colgate-Palmolive Company, Wahl Clipper Corporation, Groupe SEB, Braun GmbH, Helen of Troy Limited, Havells India Ltd., Syska Group, VEGA Industries Pvt. Ltd., Philips India Limited, Nova Corp. Ltd., KENT RO Systems Ltd., Gillette India Limited, Bajaj Electricals Limited, Morphy Richards India, Remington India Ltd., Inalsa Appliances Ltd., Agaro Artisians Limited

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Top Trend - Technological Innovations Bolstering The Personal Care Appliances Market
Technological advancements are a key trend gaining popularity in the personal care appliances market. Companies are emphasizing launching new technologically advanced products to capture significant market share. For instance, in January 2021, Panasonic, a Japan-based conglomerate company operating in personal care appliances launched a new hair dryer (EH-NA67-W) for all ages and genders. The newly launched EH-NA67-W uses patented nanotechnology to reduce hair damage from daily brushing.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Personal Care Appliances Market Characteristics
3. Personal Care Appliances Market Trends And Strategies
4. Personal Care Appliances Market - Macro Economic Scenario
5. Personal Care Appliances Market Size And Growth
…..
27. Personal Care Appliances Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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