NEW
YORK, June 24, 2024 /PRNewswire/ -- The
global personal care appliances market size is estimated
to grow by USD 6.32 billion from
2024-2028, according to Technavio. The market is estimated to grow
at a CAGR of 5.49% during the forecast
period. Product innovations leading to portfolio
extension and product premiumization is driving market
growth, with a trend towards new product launches in
global personal care appliances market. However, fluctuations
in raw material prices and operating costs of personal care
appliances poses a challenge. Key market players include
Amika LLC, Andis Co., Beauty Quest Group, Colgate Palmolive Co.,
Conair Corp., Coty Inc., Drybar Holdings LLC, Dyson Group Co.,
Elchim Spa, Farouk Systems Inc., FKA Distributing Co. LLC,
IkonicWorld, Koninklijke Philips N.V., Olivia Garden Int. Inc, Panasonic Holdings
Corp., Spectrum Brands Holdings Inc., T3 Micro Inc., The Procter
and Gamble Co., Velecta Paramount, and Wahl Clipper
Corp..
![Technavio has announced its latest market research report titled Global personal care appliances market 2024-2028 Technavio has announced its latest market research report titled Global personal care appliances market 2024-2028](https://mma.prnewswire.com/media/2444712/IRTNTR75413_bw2.jpg)
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Distribution Channel
(Offline and Online), Product (Hair care appliances, Hair removal
appliances, and Oral care appliances), and Geography (APAC, Europe,
North America, South America, and Middle East and
Africa)
|
Region
Covered
|
APAC, Europe, North
America, South America, and Middle East and Africa
|
Key companies
profiled
|
Amika LLC, Andis Co.,
Beauty Quest Group, Colgate Palmolive Co., Conair Corp., Coty Inc.,
Drybar Holdings LLC, Dyson Group Co., Elchim Spa, Farouk Systems
Inc., FKA Distributing Co. LLC, IkonicWorld, Koninklijke Philips
N.V., Olivia Garden Int. Inc, Panasonic Holdings Corp., Spectrum
Brands Holdings Inc., T3 Micro Inc., The Procter and Gamble Co.,
Velecta Paramount, and Wahl Clipper Corp.
|
Key Market Trends Fueling Growth
The global personal care appliances market is set to experience
growth due to new product launches. These innovations bring
excitement and address changing consumer needs. In 2022, Philips
introduced UV protection technology in their premium styling
products. Dyson launched a multi-styler with new barrels and
attachments. Colgate Palmolive unveiled sonic technology-based
electric toothbrushes. These launches expand product portfolios,
introduce new features, and create market opportunities. Vendors
benefit from increased profits, making the personal care appliances
market a promising sector.
The Personal Care Appliances market is experiencing significant
trends with the introduction of new technologies. Procter &
Gamble and Unilever are leading brands in this sector.
Salons and spas are utilizing consoles and confiners for various
treatments. Urbanization and consumers' increasing awareness
towards personal hygiene are driving the demand for urbanization
and consumer-friendly appliances. Beauty appliances such as hair
dryers, straighteners, and trimmers are popular choices. Brands are
focusing on branding, equity, and consumer understanding to gain
market share. Reliance on technology is increasing, with brands
offering smart and connected devices. Consumers are seeking
convenience and effectiveness, leading to the growth of the
personal care appliances market.
Research report provides comprehensive data on
impact of trend. For more details- Download a Sample
Report
Market Challenges
• The personal
care appliances market is influenced by the cost of raw materials,
which can fluctuate due to international prices and transportation
costs. Volatility in the prices of steel, rubber, iron, and plastic
can impact profit margins or force price increases for final
products. Transportation costs, including taxes, duties, and fuel
prices, also add to the overall expense. Competition in the market
and the presence of counterfeit goods limit the ability to raise
prices, potentially reducing profitability for vendors. As a
result, manufacturers face challenges in producing efficient and
affordable personal care appliances. These concerns may negatively
impact the growth of the global personal care appliances
market.
• The Personal
Care Appliances market faces several challenges. These include the
need for advanced technology in devices like hair dryers,
straighteners, and curling irons for faster and more effective
results. Consumers demand convenience and portability, leading to
the development of cordless and compact appliances. Brands must
also ensure durability and consistency in performance. Cost is a
significant factor, with consumers seeking affordable yet
high-quality products. Sustainability is becoming increasingly
important, with a growing preference for eco-friendly and
energy-efficient appliances. Competition is fierce, requiring
continuous innovation and differentiation to stand out in the
market.
For more insights on driver and
challenges - Download a Sample Report
Segment Overview
This personal care appliances market report extensively covers
market segmentation by
- Distribution Channel
- Product
- 2.1 Hair care appliances
- 2.2 Hair removal appliances
- 2.3 Oral care appliances
- Geography
- 3.1 APAC
- 3.2 Europe
- 3.3 North America
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Offline- The Personal Care Appliances Market
continues to grow, driven by consumer demand for convenience and
effectiveness. Electric toothbrushes, hair dryers, and epilators
are popular products. Manufacturers focus on innovation, such as
cordless designs and advanced features, to meet customer needs.
Retailers stock a wide range of brands and models, ensuring
availability and choice. The market is competitive, with companies
continually seeking to differentiate their offerings and expand
their customer base.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2018 - 2022) - Download a Sample Report
Research Analysis
The Personal Care Appliances Market encompasses a wide range of
products that cater to the growing awareness and beauty
consciousness of consumers in emerging economies. This market
includes various sub-segments such as hair removal appliances,
epilators, and hair styling tools like hair straighteners and hair
stylers. Brand consciousness plays a significant role in this
industry, with consumers seeking out trusted brands for their
grooming needs. Communication and engagement strategies are
essential for businesses looking to reach their target audience and
promote their offerings in the economic activities related to
personal care. Electricity is a crucial factor in the production
and use of personal care appliances, making the availability and
affordability of electricity an important consideration in emerging
markets. The personal grooming industry continues to evolve, with
new innovations in oral care appliances and personal care
appliances contributing to its growth.
Market Research Overview
The Personal Care Appliances market encompasses a wide range of
devices designed to enhance individual grooming and wellness
routines. These appliances can include electric toothbrushes, hair
dryers, straighteners, curling irons, epilators, massagers, and
more. The market is driven by consumer demand for convenience,
effectiveness, and innovation. Advanced technologies such as
Bluetooth connectivity, rechargeable batteries, and smart features
are increasingly being integrated into personal care appliances to
meet evolving consumer needs. The market is expected to grow
significantly due to increasing disposable income, rising awareness
of personal hygiene, and the availability of a diverse range of
products catering to various demographics and preferences.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Distribution Channel
-
- Product
-
- Hair Care Appliances
- Hair Removal Appliances
- Oral Care Appliances
- Geography
-
- APAC
- Europe
- North America
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio