USD 280.12 million
Report ID:
SQMIG30L2241 |
Region:
Global |
Published Date: August, 2024
Pages:
198
|Tables:
84
|Figures:
71
Electric Hair Brush Market size was valued at USD 280.12 million in 2022 and is poised to grow from USD 298.33 million in 2023 to USD 493.73 million by 2031, at a CAGR of 6.5% during the forecast period (2024-2031).
The international electric powered hair brush marketplace has witnessed notable growth in latest years, driven by means of a surge in patron call for for convenient and efficient hair styling answers. The market has been propelled by using advancements in technology, in particular inside the field of hair care and grooming home equipment. These electric brushes offer users a brief and problem-free way to style their hair, making them a famous choice amongst individuals in search of time-saving solutions of their day by day grooming workouts.
Additionally, the combination of features which include adjustable warmth settings, ionization era, and ergonomic designs has in addition stronger the appeal of electric hair brushes. Looking in advance, the market is predicted to maintain its upward trajectory, with a focal point on innovation and product diversification.
Anticipated trends in materials, heating factors, and smart technologies are poised to revolutionize the marketplace, supplying clients with even more flexible and customized hair care alternatives.
Moreover, expanding client focus approximately the blessings of electric hair brushes, coupled with a growing preference for salon-like results at domestic, is predicted to pressure sustained demand inside the foreseeable destiny.
Global Market Size
USD 280.12 million
Largest Segment
Flat
Fastest Growth
Flat
Growth Rate
6.5% CAGR
To get more reports on the above market click here to Buy The Report
Electric hairbrush market is segmented on the basis of Gender, distribution channel, end-user, and region. Based on gender, the market is segmented as male and female. On the basis of distribution channel the market is segmented as online and offline.Based on end-consumer, it is segregated into Household and commercial. Based on place, the marketplace is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis with the aid of Gender
Female hair brushes currently dominate the marketplace due to their versatility in straightening and smoothing hair. They offer a swish and ergonomic design, making them popular among purchasers looking for a honest and powerful hair styling solution.
However, Male electric hair brushes are the fastest-growing segment within the marketplace. Their popularity is driven via their potential to add volume, curls, and waves to hair, making them a versatile choice for diverse styling wishes. The demand for achieving salon-like consequences at home and the benefit of creating numerous hairstyles contribute to the speedy increase of spherical electric powered hair brushes inside the marketplace.
Analysis by Distribution Channel
Offline distribution channels hold to dominate the electric hair brush market for numerous motives. Firstly, customers often pick the tactile revel in of physically examining and testing products earlier than making a purchase, that's something that brick-and-mortar shops offer. Additionally, the personal assistance supplied via in-save sales representatives can play a crucial position in supporting clients make knowledgeable choices. Lastly, on the spot product availability and the capacity to take products home on the equal day are blessings that offline shops can provide, contributing to their persevered dominance in the marketplace.
Moreover, the net distribution channel inside the electric powered hair brush market is experiencing fast increase because of numerous key elements. Firstly, the convenience of on-line purchasing, including the ability to browse and compare products, read evaluations, and make purchases from the consolation of 1's domestic, has significantly preferred on line outlets. Additionally, the reach of e-commerce platforms and the growing adoption of digital advertising and marketing techniques have multiplied the market's consumer base, in particular amongst tech-savvy customers. The ease of on-line transactions, coupled with a much broader product selection, has brought about massive increase in the on-line section.
To get detailed analysis on other segments, Request For Free Sample Report
North America emerges because the dominant vicinity inside the electric powered hair brush market. The vicinity's dominance can be attributed to a combination of things, such as a high level of client cognizance about grooming products, a strong emphasis on non-public grooming, and a mature e-trade infrastructure that facilitates smooth get admission to to a extensive range of hair care merchandise, which include electric powered hair brushes.
However, Asia Pacific stands out as the fastest-developing area within the electric powered hair brush marketplace. This increase is driven by way of a burgeoning center-class population, increasing disposable profits, and a growing inclination towards Western-fashion grooming conduct. Additionally, the vicinity's strong production competencies make electric hair brushes more accessible and less expensive to purchasers, contributing to the market's rapid enlargement in Asia Pacific.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Drivers
Technological Advancements Fuel Market Growth
Restraints
High Competition and Price Sensitivity
Request Free Customization of this report to help us to meet your business objectives.
The aggressive landscape inside the electric hair brush market is characterised by using excessive contention amongst producers and a constant influx of recent entrants. Market players are striving to gain a competitive part thru innovations in design, capabilities, and generation. Brand reputation and advertising and marketing strategies also play a pivotal position in differentiating products in this enormously competitive marketplace.
Additionally, partnerships with hairstylists, salons, and influencers are being leveraged to decorate product visibility and credibility. As consumers seek custom designed solutions and convenience, organizations are specializing in diversifying their product portfolios and catering to various hair types and styling desires, intensifying competition within the industry.
Top Player’s Company Profiles
Recent Developments
Sustainable and Eco-Friendly Electric Hair Brushes : Consumers are becoming greater environmentally conscious, main to a surge inside the adoption of electric hair brushes designed with power-green capabilities and substances that limit environmental impact. This trend aligns with the broader sustainability movement and reflects consumers' growing preference for products that are both effective and environmentally responsible, reshaping the market landscape towards eco-conscious innovation.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to global electric hair brush market analysis, the market has witnessed substantial growth in recent years, driven by a combination of factors.
These include growing customer call for for handy hair styling solutions, technological advancements in hair care merchandise, and the rising emphasis on personal grooming.
Electric hair brushes offer customers a short and hassle-unfastened way to fashion their hair, making them a popular choice amongst people in search of time-saving solutions of their each day exercises.
Additionally, the mixing of features which includes adjustable warmness settings, ionization generation, and ergonomic designs has in addition greater the appeal of electrical hair brushes. This marketplace has additionally been characterized by means of excessive opposition, with producers vying to distinguish their merchandise thru innovation, emblem recognition, and advertising techniques.
Looking ahead, the worldwide electric powered hair brush market is poised for endured boom. The enterprise is predicted to witness big innovation in materials, heating factors, and clever technologies, so one can further revolutionize the hair styling enjoy. As consumers emerge as more privy to the blessings of electric hair brushes and are searching for salon-like outcomes at home, the marketplace is in all likelihood to peer sustained call for.
Additionally, the fashion towards sustainability and eco-recognition is anticipated to steer product development, with an growing awareness on strength-efficient and environmentally accountable solutions.
Furthermore, expanding markets in Asia Pacific and Latin America, coupled with evolving grooming habits and growing disposable profits in those areas, are anticipated to contribute to the market's growth within the coming years.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 280.12 million |
Market size value in 2031 | USD 493.73 million |
Growth Rate | 6.5% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Million |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Electric Hair Brush Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Electric Hair Brush Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Electric Hair Brush Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Electric Hair Brush Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG30L2241
sales@skyquestt.com
USA +1 351-333-4748