Electric Hair Removal Products Market to be Dominated by Epilators through 2026
Rise in the working women population and demand for
quick fix grooming solutions are driving the growth of the global electric hair
removal products market in the forecast period, 2022-2026.
According to TechSci Research report, “Electric
Hair Removal Products Market - Global Industry Size, Share, Trends,
Opportunity and Forecast, 2016-2026 Segmented By Type (Epilators, Trimmers,
Razors, Others), By Application (Home Use, Professional Use), By Distribution
Channel (Supermarket/Hypermarkets, Cosmetic Stores, Electronic Stores, Online,
Others), and By Region”, the global electric hair removal products market is
anticipated to grow at a steady CAGR for the forecast period, 2022-2026. The
growing demand for hair removal products among consumers is due to the presence
of affordable electric hair removal products as well as rising disposable
income.
The use of electric hair removal products helps in
enhancing the skin complexion, a significant reduction in body odor, and
smoothens the skin over which the products are used. Electric hair removal
products can be used from the comfort of homes, thereby eliminating the need to
physically visit the salon, and saving a considerable amount of time in the
process.
Browse over XX
market data Figures spread through 110 Pages
and an in-depth TOC on "Global Electric Hair Removal Products
Market"
https://www.techsciresearch.com/report/electric-hair-removal-products-market/8127.html
The global electric hair removal products market is
segmented on the basis of type, application, distribution channel, regional
distribution, and competition landscape.
On the basis of type, the global electric hair
removal products market is divided into epilators, trimmers, razors, and
others. The epilators segment type is expected to hold the largest market share
in the forecast period, 2022-2026. An epilator is a type of electrical device
which mechanically grasps multiple hairs and simultaneously plucks them out.
The high demand for epilators among consumers is because
they provide smoother skin and removes the hair, which lasts longer than the
other hair removal methods like tweezing, shaving, or hair removal creams. High
sales of epilators are due to the rise in the working population around the
world. Major manufacturers of epilators around the globe are Philips, Codream,
Braun, among others.
On the basis of application, the global electric
hair removal products market is bifurcated into home use and professional use.
The professional use segment is expected to witness the fastest incremental
growth in the predicted period. The rise in the number of hair salons and the
demand for quick hair removal products is driving the demand of this segment.
On the basis of distribution channel, the global
electric hair removal products market is divided into supermarket/hypermarkets,
cosmetic stores, electronic stores, online, and others. The
supermarket/hypermarket segment is expected to account for significant market
share in the next five years. The presence of a large number of markets and the
construction of hypermarket/supermarkets in developing countries to boost the
economy are influencing the market demand.
The availability of several options belonging to
different brands can be purchased under a single roof, enabling the consumer to
compare and then buy products according to their needs and budget. Organized
retail stores are present in hypermarket/supermarkets that provide sufficient
visibility and space for new and existing products, thereby fueling the market
demand. The presence of in-store associates in these markets helps solve the
customers' doubts and make the right buying decisions based on the customers'
preferences.
On the basis of regional analysis, the North
America region is expected to dominate the global electric hair removal
products market during the forecast period, 2022-2026. High awareness among the
consumers regarding the benefits of personal hygiene and grooming habits and
increased spending on grooming products are the major driving factors for the
market. The rising penetration of electronic devices and technologically
advanced grooming products are expected to accelerate the market demand.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=8127
Customers can also request for
10% free customization on this report.
“The growing need among
consumers to buy hassle-free hair removal products and the efforts made by the
market players to launch products based on gender and skin type is expected to
bolster the global electric hair removal products market demand. The intense
competition among the market players and the efforts made by the market players
to expand in the rural areas, and the increase in the consciousness of
consumers is anticipated to propel the demand of the global electric hair
removal products market till 2026” said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“Electric Hair Removal
Products Market - Global Industry Size, Share, Trends, Opportunity and
Forecast, 2016-2026 Segmented By Type (Epilators, Trimmers, Razors, Others), By
Application (Home Use, Professional Use), By Distribution Channel (Supermarket/Hypermarkets,
Cosmetic Stores, Electronic Stores, Online, Others), and By Region”, has evaluated the
future growth potential of global electric hair removal products and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers, challenges,
and opportunities in global electric hair removal products market.
Contact
Mr.
Ken Mathews
708
Third Avenue,
Manhattan,
NY,
New
York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: https://www.techsciresearch.com/