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 Insights
Global Personal Care Appliances Market size was valued at USD 33 billion in 2022 and is poised to grow from USD 37.26 billion in 2023 to USD 98.43 billion by 2031, growing at a CAGR of 12.91% in the forecast period (2024-2031).
A constellation of pivotal factors propels the trajectory of the personal care electrical appliances market. The escalating presence of working women, particularly in developing economies, serves as a robust driving force. Concurrently, there is an increasing demand for grooming tools, especially among men, reflecting evolving beauty norms and heightened awareness. Furthermore, the market's propulsion is amplified by technological breakthroughs, notably within hair care tools, enhancing their efficacy and user experience.
As disposable incomes witness an ascent, individuals are expected to allocate a greater proportion of their personal expenditure to self-care. This shift is poised to further catalyze market growth, resulting in personal care vendors proactively embarking on strategic maneuvers. These encompass a spectrum of initiatives, including novel product development, strategic mergers and acquisitions, and geographical expansion. Collectively, these efforts coalesce to fortify market development and sustain growth in the dynamic landscape of personal care electrical appliances.
US Personal Care Appliances Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Personal Care Appliances Market Report Snapshots
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