Electric Hair Clipper Market Recent Trends, In-depth Analysis, Size

Electric Hair Clipper Market the electric hair clipper and trimmer market is anticipated to expand at a growth rate of 3.00%. The market for electric hair clippers and trimmers is growing as a result of various factors, according to Data Bridge Market Research. Electric hair clipper and trimmer market value growth can be attributed to a number of factors, including product manufacturers’ increased focus on product innovations, the consumer electronics industry’s growth and expansion, particularly in developing economies, the rising popularity of e-commerce platforms, especially in developing economies, and rising personal disposable income. In light of this, the market value, which was USD 5900 million in 2020, will soar to USD 7473.94 million by 2028.

The electric hair clipper and trimmers are consumer grooming items that are used to shorten or trim hair, as is obvious from the name alone. Hair on the face, head, armpits, and genitalia is trimmed with electric hair clippers and trimmers. Growing consumer awareness of the importance of maintaining personal hygiene and rising personal disposable income are the main drivers of market expansion. Numerous other indirect market growth drivers include the rising popularity of a variety of hair and beard styles, a rise in consumer awareness of the benefits of electric hair clippers and trimmers, such as portability, a high demand for practical consumer electronics products, an increase in research and development activities, and a trend toward greater globalisation and westernisation.

On the other hand, the market’s long-term expansion will be significantly hampered by the low power output of the batteries used in electric trimmers. The growth rate of the market will be further hampered by fluctuations in raw material prices. The availability of substitute options will once more slow the rate of market expansion. This market study on electric hair clippers and trimmers includes information on recent market changes, trade regulations, production analysis, value chain optimization, market share, impact of domestic and localised market players, and opportunities for new revenue streams. It also examines market size, category market growths, application niches and dominance, product approvals, and market size trends. to increase

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Global Electric Hair Clipper Market: Major Players
Andis
Phillips
OSTER
Remington
Panasonic
Wahl

Global Electric Hair Clipper Market: Types
Wired
Cordless Hair Clipper

Global Electric Hair Clipper Market: Applications
Adults
Kids

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The launch of novel products with enhanced ergonomics is anticipated to have a positive effect on market expansion. For instance, Xiaomi MI introduced a beard trimmer in India in June 2019. The product’s stainless steel body, corded/cordless operation, improved battery, waterproofness, and travel lock are some of its key features. For the Indian market, this electric trimmer was specifically created. The global trend of young men growing beards, stubble, or goatees has grown significantly over the past few years, which is fueling the demand for electric trimmers. In the coming years, rising spending on men’s grooming products, such as gadgets like electric hair clippers, shampoo, soap, and perfumes, is anticipated to positively affect market growth. For instance, a report claims that Indian men

In addition, a survey by the sports nutrition company Multipower revealed that young male Britons between the ages of 18 and 35 spend an extra pound per week on grooming products compared to women. Additionally, e-retailer businesses are forming alliances with electric trimmer manufacturers as a result of the expanding men’s grooming industry, which is predicted to boost demand for hair clippers and trimmers over the forecast period. For instance, in order to introduce the brand’s first-ever grooming kit and electric trimmer in India, Flipkart entered into a partnership with men’s grooming company Beardo in April 2019. With this partnership, Flipkart is anticipated to broaden its product offering in order to satisfy the demands of an expanding customer base and the expanding male grooming market.