Press release
Steady Growth Expected in Global Electric Hair Clipper and Trimmer Market Amid Surge in DIY Grooming & Versatile Use Cases
Electric Hair Clipper And Trimmer Market Industry
Sustained growth propelled by versatile multipurpose tools, user recommendations, and continued grooming emphasis is set to shape the electric hair clipper and trimmer market through 2029.
What Is The Projected Market Size Of The Global Electric Hair Clipper And Trimmer Market And Its Growth Rate?
The global electric hair clipper and trimmer market has been growing steadily and is predicted to continue this trend, presenting key statistics such as:
- The market will grow from $5.93 billion in 2024 to $6.14 billion in 2025, with a compound annual growth rate (CAGR) of 3.5%.
- The market is expected to grow to $6.96 billion in 2029 at a compound annual growth rate (CAGR) of 3.2%.
What Is Driving The Growth In The Electric Hair Clipper And Trimmer Market?
The increase in demand for consumer electronic products is the primary driver for the growth of the electric hair clipper and trimmer market. Popular as personal care appliances for grooming, electric hair clippers and trimmers are also used to shear animals. The surge in demand for these products is further fuelled by globalization and westernization. Companies like LG, a South Korea-based consumer electronics company, have seen a significant increase in revenue, reflecting the rising demand for consumer electronic products.
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Who Are the Key Players Driving Electric Hair Clipper And Trimmer Market Growth?
The major companies propelling the growth in the electric hair clipper and trimmer market include:
- Koninklijke Philips N.V.
- Wahl Clipper Corporation
- Spectrum Brands Holdings Inc.
- Panasonic Corporation
- Conair Corporation
- Havells India Limited
- Andis Company Inc.
- Zed Lifestyle Pvt Ltd.
- Syska LED Lights Private Limited
- Brio Product Group
- Oster India Private Limited
- Babyliss Ltd.
What Are The Key Trends In The Electric Hair Clipper And Trimmer Market?
The market is characterized by:
- User reviews and recommendations
- Versatility in use cases
- Environmental sustainability
- Growth in the male grooming market
- Brand innovation and competition
What Are The Segments Of The Global Electric Hair Clipper And Trimmer Market?
The electric hair clipper and trimmer market is segmented by:
- Product: Corded, Cordless
- Distribution Channels: Offline Sales, Online Sales
- Application: Adults, Kids, Cattle
- End-Users: House-Holds, Barbers
Which Region Leads The Electric Hair Clipper And Trimmer Market?
In 2024, North America was the largest region in the electric hair clipper and trimmer market. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Electric Hair Clipper And Trimmer Market Global Market Report?
- Market Size Analysis: Analyze the Electric Hair Clipper And Trimmer Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Electric Hair Clipper And Trimmer Market for effective categorization.
- Key Player 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 Electric Hair Clipper And Trimmer Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Electric Hair Clipper And Trimmer Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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