The Business Research Company’s report on the Electric Hair Clipper And Trimmer Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the electric hair clipper and trimmer market in recent years?
Demand for consumer electronic products is expected to propel the growth of the electric hair clipper and trimmer market going forward. Consumer electronics (CE) refer to any electronic equipment intended for purchase and usage by end users or consumers on a daily and non-commercial or professional basis. Electric hair clippers and trimmers are consumer personal care appliances and products for grooming. They are also used to shear animals, and their sales have been growing significantly due to a surge in demand. Additionally, globalization and westernization have also favored the demand for electric hair clippers and trimmers. For instance, in January 2023, according to the annual financial report 2022 published by LG, a South Korea-based consumer electronics company, in 2022, LG earned its highest annual revenue ever, an increase of 12.9% from 2021. The revenue for the LG Home Appliance & Air Solution Company in 2022 was $22.5 billion, an increase of 10.3% from 2021. Therefore, the rise in demand for consumer electronic products is driving the electric hair clipper and trimmer market.
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What is the projected market size of the electric hair clipper and trimmer industry, and how is it expected to grow?
The electric hair clipper and trimmer market size has grown steadily in recent years. It will grow from $5.93 billion in 2024 to $6.14 billion in 2025 at a compound annual growth rate (CAGR) of 3.5%. The growth in the historic period can be attributed to user reviews and recommendations, versatile multipurpose tools, environmental considerations, influence of trends and media, customizable styling options.
The electric hair clipper and trimmer market size is expected to see steady growth in the next few years. It will grow to $6.96 billion in 2029 at a compound annual growth rate (CAGR) of 3.2%. The growth in the forecast period can be attributed to continued grooming emphasis, wireless and cordless preferences, DIY hair care and home grooming, professional use and salons, ergonomic design. Major trends in the forecast period include user reviews and recommendations, versatile use cases, environmental sustainability, male grooming market growth, brand innovation and competition.
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Who are the key players driving competition in the electric hair clipper and trimmer market?
Major companies operating in the electric hair clipper and trimmer market are Koninklijke Philips N.V., Wahl Clipper Corporation, Spectrum Brands Holdings Inc., Panasonic Corporation, Conair Corporation, Havells India Limited, Andis Company Inc., Zed Lifestyle Pvt Ltd., Syska LED Lights Private Limited, Brio Product Group, Oster India Private Limited, Babyliss Ltd., Hatteker, Braun GmbH, Riwa Ltd., Surker, Yichang Gemei Trading Co. Ltd., Hangsun Electronics Ltd., Flyco Auto Pvt. Ltd., Yiwu Kemei Electric Appliances Co. Ltd., Bevel Tech Group, Inalsa Appliances Limited, Floresta Real India Pvt. Ltd.
What key trends are expected to drive the electric fuse market during the forecast period?
Technological advancements have emerged as a key trend gaining popularity in the electric hair clipper and trimmer market. Electronic device development and innovations progress the industry’s demand for electric hair clippers and trimmers. The market is witnessing the implementation of compact, water-resistant, high torque-motored, cordless, and higher power outage products. For instance, in April 2022, Wahl Clipper Corporation, a US-based company operating in the electric hair clipper and trimmer market launched the Wahl Cordless Pro Clipper, a cordless hair clipper that uses advanced lithium-ion battery technology to last longer and delivers the necessary power for hair cutting. Its powerful lithium-ion battery technology provides up to 2 hours of power with quick charging technology, and a smart-charge technology display light displays battery condition. Furthermore, the clipper motor provides power and stroke for smooth, snag-free haircutting while operating silently.
Which key geographies are driving the growth of the electric hair clipper and trimmer market?
North America was the largest region in the electric hair clipper and trimmer market in 2024. The regions covered in the electric hair clipper and trimmer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the key segments driving growth in the electric hair clipper and trimmer market?
The electric hair clipper and trimmer market covered in this report is segmented –
1) By Product: Corded, Cordless
2) By Distribution Channels: Offline Sales, Online Sales
3) By Application: Adults, Kids, Cattles
4) By End-Users: House-Holds, Barbers
Subsegments:
1) By Corded: Professional Hair Clippers, Home Use Hair Clippers, Beard Trimmers
2) By Cordless: Rechargeable Hair Clippers, Battery-Operated Trimmers, Wireless Beard Trimmers
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How is the electric hair clipper and trimmer market defined, and what are its core characteristics?
Electric hair clippers and trimmers are grooming devices designed for cutting and styling hair, featuring adjustable blades for customized lengths, ergonomic designs for comfortable use, and versatility for both professional barbering and personal grooming. These tools are essential for achieving a wide range of hairstyles, offering precision and efficiency that cater to the needs of both barbers and home users alike.
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