Global Electric Hair Clipper And Trimmer market analysis 2024, Forecast To 2033
4 Mar, 2024
The electric hair clipper and trimmer market has experienced steady growth, expanding from$5.38 billion in 2023 to$5.6 billion in 2024, with a compound annual growth rate (CAGR) of 4.1%. Historical growth drivers include user reviews, versatile multipurpose tools, environmental considerations, and influence from trends and media. Looking ahead, the market is poised for steady growth, reaching$6.42 billion by 2028, driven by continued grooming emphasis, wireless and cordless preferences, DIY haircare, professional use, and ergonomic design. Major trends in the forecast period include user recommendations, versatile use cases, sustainability, male grooming market growth, and brand innovation.
Global Electric Hair Clipper And Trimmer Market Key Driver
Demand for consumer electronic products is expected to propel the growth of the electric hair clipper and trimmer market going forward. Consumer electronics (CE) refer to any electronic equipment intended for purchase and usage by end users or consumers on a daily and non-commercial or professional basis. Electric hair clippers and trimmers are consumer personal care appliances and products for grooming. They are also used to shear animals, and their sales have been growing significantly due to a surge in demand. Additionally, globalization and westernization have also favored the demand for electric hair clippers and trimmers. For instance, in January 2022, according to a report published by the Electronic Components Industry Association (ECIA), a US-based trade association for electronic component manufacturers, the growth of consumer electronic components in the Americas has accelerated from the low point of 2nd quarter of 2020, with quarterly revenues now over $6.6 billion and a year-over-year increase of 21% between quarter 2 of 2020 and quarter 3 of 2021. Therefore, the rise in demand for consumer electronic products is driving the electric hair clipper and trimmer market. In 2023, the market size for electric hair clippers and trimmers is valued at X, and it is projected to reach Y by 2028.
Get A Free Sample Of The Global Electric Hair Clipper And Trimmer Market ReportGlobal Electric Hair Clipper And Trimmer Market Segments
The global electric hair clipper and trimmer market covered in this report is segmented –
1) By Product: Corded, Cordless
2) By Distribution Channels: Offline Sales, Online Sales
3) By Application: Adults, Kids, Cattles
4) By End-Users: House-Holds, Barbers
By Geography: The regions covered in the electric hair clipper and trimmer market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
North America was the largest region in the electric hair clipper and trimmer market in 2023. The regions covered in the electric hair clipper and trimmer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Electric Hair Clipper And Trimmer Industry Players
Koninklijke Philips N.V., Wahl Clipper Corporation, Spectrum Brands Holdings Inc., The Procter & Gamble Company, Panasonic Corporation, Conair Corporation, Sunbeam Products, Havells India Limited, Xiaomi Corporation, Andis Company Inc., Zed Lifestyle Pvt Ltd., Syska LED Lights Private Limited, Brio Product Group, General Electric Company, Remington Rand OF India Ltd., Oster India Private Limited, Babyliss Ltd., Hatteker, Braun GmbH, Riwa Ltd., Surker, Yichang Gemei Trading Co. Ltd., Hangsun Electronics Ltd., Flyco Auto Pvt. Ltd., Yiwu Kemei Electric Appliances Co. Ltd., Bevel Tech Group, Inalsa Appliances Limited, Vector Group Ltd., Laiwu Gemei Advertising Co. Ltd., Floresta Real India Pvt. Ltd.
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Electric Hair Clipper And Trimmer Market Overview
Electric hair clipper and trimmer market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
Electric Hair Clipper And Trimmer Global Market Report 2023 provides data on the global electric hair clipper and trimmer market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The electric hair clipper and trimmer market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.