Global Electric Hair Clipper and Trimmer Market Size, Share, and COVID-19 Impact Analysis By Product Type (Corded and Cordless), By Distribution Channel (Offline and Online), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.
Industry: Consumer GoodsGlobal Electric Hair Clipper & Trimmer Market Insights Forecasts to 2033
- The Global Electric Hair Clipper & Trimmer Market Size was Valued at USD 6.0 Billion in 2023
- The Market Size is Growing at a CAGR of 3.42% from 2023 to 2033
- The Worldwide Electric Hair Clipper & Trimmer Market Size is Expected to Reach USD 8.4 Billion by 2033
- Middle East and Africa is Expected to Grow the fastest during the forecast period.
Get more details on this report -
The Global Electric Hair Clipper & Trimmer Market Size is Anticipated to Exceed USD 8.4 Billion by 2033, Growing at a CAGR of 3.42% from 2023 to 2033.
Market Overview
Electric hair clippers and trimmers are used for personal grooming, including hair cutting and facial or beard trimming. When cutting long hair, it uses hair clippers, and for cutting short hair, such as to create a beard, it uses trimmers. Several different types of electric hair clippers and trimmers provide advantages such as user comfort, cordless operation, and changeable blade settings. Electric hair clippers and trimmers are in high demand due to their simple and convenient use. Regarding skin-friendliness and safety, these electric clippers are more advantageous than traditional cutters. The main drivers behind market expansion are the increase in consumer awareness of the importance of maintaining personal hygiene and the rise in disposable money. The market for electric chair trimmers and clippers is primarily driven by the rising demand from young adults for personalized cleaning, the attraction of advanced features like precision blades and adjustable settings in hair trimmers, and the influence of celebrities and influencers pushing these products and do-it-yourself grooming techniques on social media.
For Instance, in July 2024, the newest product in Wahl's lineup, the Wahl Self Clip 360, launched by Wahl Clipper Corporation. Expected to be a popular option, it's designed to make at-home haircuts even easier.
Report Coverage
This research report categorizes the electric hair clipper & trimmer market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the electric hair clipper & trimmer market. Recent market developments and competitive strategies such as expansion, type launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the electric hair clipper & trimmer market.
Global Electric Hair Clipper and Trimmer Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 6.0 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 3.42% |
2033 Value Projection: | USD 8.4 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Product, By Distribution Channel, By Region |
Companies covered:: | MANSCAPED, Koninklijke Philips N.V., Procter & Gamble, Panasonic Corporation, Xiaomi, Wahl Clipper Corporation, Spectrum Brands Inc, Conair Corporation, Sunbeam Products Inc, Havells India Ltd., VEGA, ANDIS COMPANY, Syska, BRIO PRODUCT GROUP, and other key companies. |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis |
Get more details on this report -
Driving Factors
Rising personal disposable income and expanding consumer awareness of the importance of maintaining personal hygiene are the main factors driving market growth. The market growth is being driven by the increasing popularity of different hair and beard styles, the growing consumer awareness of the benefits of electric hair clippers and trimmers, such as their mobility, the high demand for practical consumer electronics products, and the rise in R&D activities. The primary factor driving the market for hair clippers and trimmers is a growing focus on personal hygiene. The electric hair clippers & trimmers market is expected to grow at a rapid pace during the projected period, primarily due to the expanding e-commerce industry.
Restraining Factors
Electric hair clippers and trimmers require routine maintenance, which includes oiling and cleaning the blades, to ensure optimal performance and longevity. If this maintenance routine is too demanding for them, customers might try less demanding products or alternative grooming methods. Therefore, it is anticipated that the market for electric hair clippers and trimmers will be restricted by the constant repair needed to boost the longevity of these products.
Market Segmentation
The electric hair clipper & trimmer market share is classified into product type and distribution channel.
- The cordless segment is estimated to hold a significant market revenue share through the projected period.
Based on the product type, the electric hair clipper & trimmer market is classified into corded and cordless. Among these, the cordless segment is estimated to hold a significant market revenue share through the projected period. The battery-operated, portable, and more convenient hair clippers and trimmers are cordless. The greatest hair clipper for individuals who enjoy traveling and taking their hairstyling routine along is the cordless device. The primary driver of demand for cordless hair clippers is the release of devices with longer battery lives.
- The online segment is anticipated to hold the largest market share through the forecast period.
Based on the distribution channel, the electric hair clipper & trimmer market is divided into offline and online. Among these, the online segment is anticipated to hold the largest market share through the forecast period. It is affected by things like the possibility of direct product transportation from suppliers and the absence of additional costs. Affordable prices, promotions, client testimonials, and evaluations of a product or service all support the growth of this online market segment and are very beneficial to customers in their decision-making.
Regional Segment Analysis of the Electric Hair Clipper & Trimmer Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Asia Pacific is anticipated to hold the largest share of the electric hair clipper & trimmer market over the predicted timeframe.
Get more details on this report -
Asia Pacific is anticipated to hold the largest share of the electric hair clipper & trimmer market over the predicted timeframe. The expanding e-commerce sector is blamed for the market growth in the region. In the Asia Pacific region, e-commerce platforms and digital penetration have grown dramatically. Customers can easily and conveniently purchase products for grooming like electric hair trimmers and clippers from online sites. Due to the availability of a wide range of products at affordable prices, as well as delivery services offered by e-commerce platforms, the industry is growing.
Middle East and Africa are expected to grow at the fastest CAGR growth of the electric hair clipper & trimmer market during the forecast period. Nigeria's youthful population has led to a notable increase in the region's sales of hair care products, including electric trimmers. In addition, the growing popularity of the internet, along with the introduction of cable TV and celebrity endorsements, is positively influencing consumer purchasing habits in this region.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the electric hair clipper & trimmer market along with a comparative evaluation primarily based on their type offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- MANSCAPED
- Koninklijke Philips N.V.
- Procter & Gamble
- Panasonic Corporation
- Xiaomi
- Wahl Clipper Corporation
- Spectrum Brands Inc
- Conair Corporation
- Sunbeam Products Inc
- Havells India Ltd.
- VEGA
- ANDIS COMPANY
- Syska
- BRIO PRODUCT GROUP
- Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In February 2023, The world's top men's grooming and lifestyle brand, MANSCAPED, announced the launch of the Weed Whacker 2.0 electric nose and ear hair trimmer, which is currently available in the US and Canada.
- In January 2024, at the Consumer Electronics Show (CES), Panasonic expanded its 65-year history of innovation in personal care products with the launch of the Palm Shaver and the exciting new attachments for its well-liked MULTISHAPE, both of which are perfect for use at home or while traveling.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the electric hair clipper & trimmer market based on the below-mentioned segments:
Global Electric Hair Clipper & Trimmer Market, By Product Type
- Corded
- Cordless
Global Electric Hair Clipper & Trimmer Market, By Distribution Channel
- Offline
- Online
Global Electric Hair Clipper & Trimmer Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
-
1. What is the CAGR of the electric hair clipper & trimmer market over the forecast period?The electric hair clipper & trimmer market is projected to expand at a CAGR of 3.42% during the forecast period.
-
2. What is the market size of the electric hair clipper & trimmer market?The Global Electric Hair Clipper & Trimmer Market Size is Expected to Grow from USD 6.0 Billion in 2023 to USD 8.4 Billion by 2033, at a CAGR of 3.42% during the forecast period 2023-2033.
-
3. Which region holds the largest share of the electric hair clipper & trimmer market?Asia Pacific is anticipated to hold the largest share of the electric hair clipper & trimmer market over the predicted timeframe.
Need help to buy this report?