The detailed segments and sub-segment of the market are explained below: Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study. The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. Major market players included in this report are:
Wahl hair trimmer tv#
Additionally, increased internet usage, cable TV saturation, and celebrity endorsements are all having a beneficial effect on consumer purchasing behaviour.ĭownload Sample of This Strategic Report: – The sale of hair care items like electric trimmers has increased significantly due to Nigeria’s expanding youth population. From 2022 to 2029, the Middle East and Africa are expected to experience the fastest CAGR. In the coming years, it is also anticipated that rising spending on male grooming, particularly in India, will boost sales of hair clippers. The primary factors anticipated to increase demand for the electric trimmer during the projected period are increased product exposure along with the millennial beard trend. In 2021, Asia Pacific had a sizable market share. The key regions considered for the Global Electric Hair Clipper & Trimmer Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. However, the fluctuations in the prices of raw materials for Electric Hair Clippers & Trimmers stifle market growth throughout the forecast period of 2022-2029. For instance, according to Statista in 2020, the sales of e-commerce were USD 4,938 billion which is predicted to increase to USD 6,767 billion in 2023. Along with this, e-commerce sales are rising around the globe, which is driving the growth of the market. The majority of well-known businesses also have websites, which aids in the segment’s expansion. Additionally, e-commerce merchants are increasing their market share in tier II and tier III cities while putting more emphasis on enhancing delivery services. Online portals also offer large discounts on name-brand products, 24-7 help, and a wide selection of products. The key element driving the sales of electric hair clippers & trimmers through the online channels is an increase in product visibility at Flipkart,, and. Additionally, key market players are taking initiatives which are rising the market share over the forecast period. Moreover, rising globalization is creating lucrative growth opportunities in the market. As consumers are maintaining personal hygiene which is driving the growth of the global electric hair clipper & trimmer market. Along with this, rising disposable income is also accelerating the market’s revenue over the forecast period. The major driving factor for the market is rising e-commerce presence over the forecast period. Global Electric Hair Clipper & Trimmer Market is valued at approximately USD 5.71 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 2.5% over the forecast period 2022-2029.Įlectric hair clippers and trimmers are consumer grooming products that are used to reduce the length of hair or trim the hair.
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