Electric Hair Clipper & Trimmer Market to Grow with a CAGR of 3.8% through 2028
Increasing focus on personal grooming and growing popularity of cordless
hair clippers and trimmers are factors driving the Global Electric Hair Clipper
& Trimmer market in the forecast period 2024-2028.
According to the TechSci Research report, “Electric Hair Clipper & Trimmer Market – Global Industry Size,
Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F”,
the Global Electric Hair Clipper & Trimmer Market stood at USD5.47 billion
in 2022 and is anticipated to grow with a CAGR of 3.8% in the forecast period,
2024-2028. The electric hair clipper and trimmer market have witnessed
remarkable growth in recent years. This surge can be attributed to various
factors that have contributed to the industry's expansion and innovation. In
this comprehensive analysis, we will delve into the six major drivers that are
propelling the electric hair clipper and trimmer market, each explored in 600
words. These drivers encompass technological advancements, grooming trends,
changing consumer preferences, market competition, sustainability, and the
impact of global events.
The electric hair clipper and trimmer market have experienced
significant growth and transformation in recent years. Several key drivers have
been instrumental in shaping this industry, fueling innovation and meeting
evolving consumer demands.
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Electric Hair Clipper & Trimmer Market.”
One significant driver of technological advancements in this industry is
the development of precision cutting systems. Advanced blades and motors are
engineered to deliver precise and clean cuts, catering to a wide range of hair
types and styles. High-quality materials, such as stainless steel and ceramic,
have become standard for ensuring durability and sharpness of the cutting edge.
Wireless technology has also played a pivotal role in reshaping this market.
Cordless hair clippers and trimmers, powered by rechargeable lithium-ion
batteries, have gained popularity due to their portability and freedom from tangled
cords. This innovation has redefined the user experience, allowing individuals
to groom themselves with ease and flexibility.
Additionally, smart features have made their way into the industry. Many
modern clippers and trimmers come equipped with Bluetooth connectivity,
enabling users to adjust settings and monitor usage through smartphone apps.
This connectivity not only enhances user convenience but also allows for more
personalized grooming experiences.
Manufacturers are also exploring solar-powered and energy-efficient
charging solutions to further reduce the carbon footprint of their products. Materials
used in manufacturing have also come under scrutiny. Many companies are
transitioning to eco-friendly materials like recycled plastics and sustainable
packaging to reduce their environmental impact.
Moreover, manufacturers are implementing recycling and disposal programs
for their products, encouraging consumers to responsibly dispose of old
clippers and trimmers. This approach promotes the circular economy and reduces
electronic waste.
The global electric hair clipper & trimmer market is segmented based
on product type, end user, sales channel, and region.
Based on the product type, cordless electric clippers commanded a
significant market share. These battery-operated hair clippers and trimmers are
more convenient and portable. For those who enjoy travelling and like to take
their hairstyling routine along with them, a cordless hair clipper is the
perfect option. The key driver of demand for cordless hair clippers is the
release of devices with longer battery lives.
Based on region, the market is segmented into North America, Europe,
Asia Pacific, Middle East & Africa, and South America. In 2022, the Asia
Pacific region is anticipated to lead the worldwide electric hair clipper &
trimmer market. The expanding e-commerce sector is to blame for the market
expansion in the area. The Asia Pacific region has seen a considerable rise in
the use of digital platforms and e-commerce.
Major companies operating in the global Electric Hair Clipper &
Trimmer market are:
- Koninklijke
Philips N.V.
- Wahl
- Spectrum Brands,
Inc. (Remington)
- Procter &
Gamble (Braun GmbH)
- Panasonic
Corporation
- Conair
Corporation
- Andis Company
- VEGA
- Sunbeam Products,
Inc.; (Oster Professional)
- Havells India
Ltd.
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“The electric hair clipper and trimmer market are continuously evolving,
driven by technological advancements, changing grooming preferences,
sustainability concerns, and the quest for innovation. The electric hair
clipper and trimmer market is a competitive market, but it is also a growing
market. Moreover, trends in the market which include wireless technology,
multifunctionality, sustainable design, precision engineering, smart
connectivity, and gender-neutral grooming solutions is also expanded the market
during the forecasted period.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based global management consulting firm.
“Electric Hair Clipper &
Trimmer Market By Product Type (Corded, Cordless), By End User (Home Users,
Professional Users), By Sales Channel (Supermarkets/Hypermarkets, Convenience
Stores, Online, Others), By Region, By Competition Forecast &
Opportunities, 2018-2028F, has evaluated the future growth potential of the electric hair clipper
& trimmer market globally and provides statistics and information on market
structure, size, share, and future growth. The report provides cutting-edge
market intelligence and helps decision-makers to make sound investment
decisions. Besides, the report also identifies the emerging trends along with
essential drivers, challenges, and opportunities present in the market of
electric hair clipper & trimmer globally.
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