Global Personal Care Appliances Market

Personal Care Appliances Market Size, Share, Growth Analysis, By Product(Hair Care, Hair Dryer, Hair Straightener, Hair Styler), By Power Supply(Battery Operated, Electric), By Region - Industry Forecast 2024-2031


Report ID: SQMIG30L2215 | Region: Global | Published Date: March, 2024
Pages: 198 | Tables: 72 | Figures: 65

Personal Care Appliances Market Insights

Global Personal Care Appliances Market size was valued at USD 33 billion in 2022 and is poised to grow from USD 37.26 billion in 2023 to USD 98.43 billion by 2031, growing at a CAGR of 12.91% in the forecast period (2024-2031).

A constellation of pivotal factors propels the trajectory of the personal care electrical appliances market. The escalating presence of working women, particularly in developing economies, serves as a robust driving force. Concurrently, there is an increasing demand for grooming tools, especially among men, reflecting evolving beauty norms and heightened awareness. Furthermore, the market's propulsion is amplified by technological breakthroughs, notably within hair care tools, enhancing their efficacy and user experience.

As disposable incomes witness an ascent, individuals are expected to allocate a greater proportion of their personal expenditure to self-care. This shift is poised to further catalyze market growth, resulting in personal care vendors proactively embarking on strategic maneuvers. These encompass a spectrum of initiatives, including novel product development, strategic mergers and acquisitions, and geographical expansion. Collectively, these efforts coalesce to fortify market development and sustain growth in the dynamic landscape of personal care electrical appliances.

US Personal Care Appliances Market is poised to grow at a sustainable CAGR for the next forecast year.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Personal Care Appliances Market size was valued at USD 33 billion in 2022 and is poised to grow from USD 37.26 billion in 2023 to USD 98.43 billion by 2031, growing at a CAGR of 12.91% in the forecast period (2024-2031).

The personal care appliances market is a battleground where both giants and regional contenders vie for supremacy. While regional players contribute their influence, the likes of Procter & Gamble, Dyson Limited, Koninklijke Philips N.V., Panasonic Corporation, and Conair Corporation command a distinct advantage. These prominent players stand tall in the market landscape. Their strategies for growth encompass an array of approaches, including mergers, acquisitions, strategic partnerships, expansions, and, notably, innovative product development. Among these strategies, it's evident that product innovation holds the most impactful sway. 'Philips N.V. (Netherlands)', 'Procter & Gamble Co. (United States)', 'Conair Corporation (United States)', 'Panasonic Corporation (Japan)', 'Helen of Troy Limited (United States)', 'Remington Products Company (United States)', 'Dyson Ltd. (United Kingdom)', 'Colgate-Palmolive Company (United States)', 'LG Electronics Inc. (South Korea)', 'Spectrum Brands Holdings, Inc. (United States)'

Effective marketing campaigns and endorsements by celebrities and influencers play a crucial role in raising consumer awareness and driving demand for personal care appliances.

Rise in Personal Grooming and Wellness: Growing awareness and emphasis on personal grooming, self-care, and overall wellness are driving the demand for a diverse range of personal care appliances.

The Asia Pacific market for personal care appliances achieved a size surpassing USD 7 billion in 2022, propelled by factors including a burgeoning youth demographic, rising disposable incomes, and swift urbanization. The region's dynamic growth is further fueled by heightened brand awareness and the rapid expansion of social media usage, particularly in India.

Request Free Customization

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.

logo-images

Feedback From Our Clients

Global Personal Care Appliances Market

Report ID: SQMIG30L2215

$5,300
BUY NOW GET FREE SAMPLE