Product ID: SQMIG30L2215
Global Personal Care Appliances Market Size, Share, Growth Analysis, By Product(Hair Care, Hair Dryer), By Power Supply(Battery Operated, Electric) - Industry Forecast 2024-2031
Report ID:
SQMIG30L2215 |
Region:
Global |
Published Date: March, 2024
Pages:
198
|
Tables:
72 |
Figures:
65
Global Personal Care Appliances Market Regional Insights
The Asia Pacific market for personal care appliances achieved a size surpassing USD 7 billion in 2022, propelled by factors including a burgeoning youth demographic, rising disposable incomes, and swift urbanization. The region's dynamic growth is further fueled by heightened brand awareness and the rapid expansion of social media usage, particularly in India.
The landscape is evolving with the entrance of numerous new manufacturers in China, India, and Japan, imparting a notable contribution to industry dynamics. Within the APAC region, key players such as Panasonic Corporation, Colgate Palmolive, and Philips are adopting astute competitive pricing strategies to capture a robust consumer base. Furthermore, these industry leaders are dedicating efforts to engineer personalized personal care appliances tailored to meet specific customer needs.
In the foreseeable future, Asia-Pacific is anticipated to showcase the most remarkable Compound Annual Growth Rate (CAGR) of 8.4% during the forecast period. This surge can be attributed to the region's expanding youth populace, augmented disposable incomes, swift urbanization, and the pervasive influence of social media platforms, all coalescing to drive market expansion.
Global Personal Care Appliances Market Report Snapshots
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