The
global electric hair brush market size is expected to
reach USD 694.1 million by 2025, according to a new report by Grand View
Research, Inc., expanding at a CAGR of 5.4% over the forecast period. Growing
importance of hair styling among millennials on account of increased number of
fashion grooming videos on social media websites including Facebook, YouTube,
and Pinterest is expected to remain a key factor for promoting the use of
advanced products including electric hair brush. Additionally, increasing
concerns over adverse effects associated with ageing on hair fall and other
problems is expected to force the consumers, particularly adults to use those
styling products, which reduce the occurrences of such problems.
Digitalization
and increasing importance of convenience as a key buying criteria among the
consumers are expected to play a crucial role in promoting the importance of
technically advanced smart products. For instance, in January 2017,
France-based L’Oréal introduced smart hairbrush under the brand name, Kerastase
Hair Coach. The company claimed that the effective use of these products
results in minimizing the risks associated with hair breakage and split ends as
they contain sensors, which provide information on hair quality as well as
brushing patterns.
Asia
Pacific is expected to expand at the fastest CAGR of 7.2% from 2019 to 2025.
This growth is attributed to increasing number of male as well as female
millennials in developing countries including China and India, who are
increasing spending on hair styling. Additionally, increased number of salons
and beauty parlors in the aforementioned countries as a result of urbanization
is expected to expand the utility of the electric hairbrush over the next few
years.
Major
manufacturers include Philips; Rozia; Revlon, Inc.; VEGA; L'Oréal S.A.;
Corioliss; DAFNI; Gooseberry; AsaVea; MiroPure; and GLAMFIELDS. Increasing
number of domestic electric hairbrush suppliers in developing economies
including China and India is expected to limit the share of the premium brand
owners. Manufacturers will increase their spending on the development of
advanced products, which will not only provide smart features to the consumers
but also offer the convenience. Additionally, increasing number of smartphone
users at the global level as a result of improved network connectivity and new
launches of advanced phablets and tablets are expected to force the
manufacturing firms to expand their product line in e-commerce portals.
For Full Research Report On Electric Hair Brush Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/electric-hair-brush-market
Further key
findings from the report suggest:
- By application, the
professional segment accounted for 70.8% share of the global revenue in
2018 owing to high ease of utility of these products among fashion experts
and barbers
- The online channel is
anticipated to expand at the fastest CAGR of 6.2% from 2019 to 2025
- Europe was the largest
electric hair brush market, accounting for exceeding 35.0% share of the
global revenue in 2018 owing to high popularity of hair straightening among
millennial women in Germany and U.K.
- China and India are expected
to remain lucrative markets on account of increasing population of
middle-income groups at the domestic level
- Product innovation is
expected to remain a key success factor among the industry participants.
Request a Sample Copy of the Report @
https://www.grandviewresearch.com/industry-analysis/electric-hair-brush-market/request/rs1
Grand View Research has segmented
the global electric hair brush market on the basis of application, distribution
channel, and region:
Electric Hair Brush
Application Outlook (Revenue, USD Million, 2015 - 2025)
- Professional
- Personal
Electric Hair Brush
Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
- Offline
- Online
Electric Hair Brush
Regional Outlook (Revenue, USD Million, 2015 - 2025)
- North America
- U.S.
- Europe
- Germany
- U.K.
- Asia Pacific
- China
- India
- Japan
- Central & South America
- Brazil
- Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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