Report ID: SQMIG30L2214
Report ID:
SQMIG30L2214 |
Region:
Global |
Published Date: March, 2024
Pages:
198
|
Tables:
67 |
Figures:
65
Global Professional Hair Care Market size was valued at USD 21.20 million in 2022 and is poised to grow from USD 22.46 million in 2023 to USD 35.70 million by 2031, growing at a CAGR of 5.96% 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 Professional Hair Care Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG30L2214