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.
For more info visit @ https://www.grandviewresearch.com
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