Press release
Personal Care Appliances Market: Ascending Trajectory Fueled by Lifestyle Changes and Technological Advancements
Personal Care Appliances Market
What Is The Projected Market Size Of The Global Personal Care Appliances Market And Its Growth Rate?
The industry has witnessed dynamic growth in recent years, reflecting changing lifestyle trends and consumer preferences.
• The market size in 2024 was $22.37 billion
• It is projected to grow to $23.75 billion in 2025 at a CAGR of 6.2%
• The market is expected to reach $30.97 billion in 2029, growing at a CAGR of 6.9%
These expansions can be attributed to the increased reliance on smart personal care appliances, growth of e-commerce, environmental consciousness, and emphasis on health and wellness.
What Is Driving The Growth In The Personal Care Appliances Market?
Expanding e-commerce channels play a significant role in the growth of the Personal Care Appliances market. With a projected increase in online shoppers, reaching 2.77 billion by 2025, the transactional ease of e-commerce contributes to the promotion and sales of personal care appliances. The expected rise in retail purchases made online, from 20.1% to 22.6% by 2027, reinforces the positive impact of the e-commerce industry on the market.
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Who Are the Key Players Driving Personal Care Appliances Market Growth?
• Koninklijke Philips N.V.
• Dyson Ltd.
• Helen of Troy Limited
• Procter & Gamble Co.
• Panasonic Corporation
• Andis Company
• Samsung Electronics Co. Ltd.
• LG Corporation
• Colgate-Palmolive Company
• Groupe SEB
What Are The Key Trends In The Personal Care Appliances Market?
Significant trends in the market include:
• Increasing preference for eco-friendly design
• Greater emphasis on skin health
• Demand for portable and travel-friendly products
• Rising popularity of gender-neutral products
• Adoption of sonic and ultrasonic technology
What Are The Segments Of The Global Personal Care Appliances Market?
1. By Product: Hair Care, Hair Removal, Oral Care, Other Products
2. By Distribution Channel: Online, Offline
3. By End-Use: Female, Male
Which Region Leads The Personal Care Appliances Market?
North America held the largest share of the personal care appliances market in 2024, with Asia-Pacific predicted to be the fastest-growing region in forecast period. The report covers various regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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What Is Covered In The Personal Care Appliances Market Global Market Report?
- Market Size Analysis: Analyze the Personal Care Appliances Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Personal Care Appliances Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Personal Care Appliances Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Personal Care Appliances Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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