The global electric hair brush market size is expected to reach USD 694.1 million by 2025, according to a new report by Radiant Insights, 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'Oreal 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.
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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'Oreal 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.
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.
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Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Electric Hairbrush Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter's
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Electric Hairbrush Market
3.7. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Application Adoption
4.4. Observations & Recommendations
Chapter 5. Electric Hairbrush Market: Application Estimates & Trend Analysis
5.1. Application Movement Analysis & Market Share, 2018 & 2025
5.2. Professional
5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
5.3. Personal
5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Electric Hairbrush Market: Distribution Channel Estimates & Trend Analysis
6.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
6.2. Offline
6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.3. Online
6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Continued…
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Latest released the research study on Global Electric Hair Brush Market, offers a detailed overview of the factors influencing the global business scope.
Electric Hair Brush Market research report shows the latest market insights with upcoming trends and breakdown of the products and services.
The report provides key statistics on the market status, size, share, growth factors, Challenges and Current Scenario Analysis of the Electric Hair Brush.
Electric Hair Brush Market Data Breakdown and Market Segmentation: by Type (Detangling brush, Round brush, Paddle brush, Massage brush), End Users (Professional, Personal), Hair type (Fine hair, Damaged hair, Oily hair, Normal hair), Connectivity (Cord, Cordless), Distribution channel (Online, Supermarkets, Department stores, Others) What's Trending in Market:Changing Lifestyle of the Individuals is leading to Adoption of Grooming EquipmentEndorsement of Celebrities is leading to Adoption of Grooming Products Used by Them Challenges:Lack of Portability for the Travellers may affect the MarketRestraints:In Ability to Flatten Curly or Thick HairTime Required to Flatten the Hair as Compared to Flat Irons Market Growth Drivers:Inclination of Individuals towards the Personal GroomingEase of Accessibility and Convenience is Fuelling the Market Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & AfricaCountry Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
What benefits does AMA research study is going to provide?
– Latest industry influencing trends and development scenario – Open up New Markets – To Seize powerful market opportunities – Key decision in planning and to further expand market share – Identify Key Business Segments, Market proposition & Gap Analysis – Assisting in allocating marketing investments Strategic Points Covered in Table of Content of Global Electric Hair Brush Market:Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Market Keyword without Region marketChapter 2: Exclusive Summary – the basic information of the Electric Hair Brush Market.Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Electric Hair BrushChapter 4: Presenting the Electric Hair Brush Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020Chapter 6: Evaluating the leading manufacturers of the Electric Hair Brush market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company ProfileChapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2026)Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source Finally, Electric Hair Brush Market is a valuable source of guidance for individuals and companies in their decision framework.
Global Electric Hair Brush Market Report 2025 size is projected to reach USD 694.1 million by 2025, according to a new report published by Million Insights, registering a CAGR of 5.4% over the forecast duration.
Moreover, the increasing aging issues led to hair fall and other problems, which, in turn, are predicted to influence the consumers to spend on these products.
Request free sample @ https://www.millioninsights.com/industry-reports/global-electric-hair-brush-market/request-sample Market Synopsis of Electric Hair Brush Market: Digitalization and the preference for convenient products have led to the demand for technologically advanced products.
For example, L’Oréal, in January 2017, launched a smart hairbrush under the name, Kerastase Hair Coach contains sensors which aim to minimize the risks relating to split ends and hair breakage and assist the customers on hair quality and brushing patterns.
The surge in demand is due to the increased concentration of middle-income groups who are willing to spend more on these products in countries like India and China.
The rising number of domestic suppliers in countries like India and China is predicted to limit the scope of premium brand owners of this market.
The Global Electric Hair Brush Market Economy Perspective, Comprehensive Analysis alongside Important Segments along side Forecast, 2020-2025.
The industry report may be a useful source of valuable data for company strategists.
This study focuses on market trends, key players, supply chain trends, technological innovation, key developments, and future strategies.
Alongside qualitative and qualitative details concerning the key elements of the market, an summary of the key macro and micro economic factors which will help companies entering the market outperform the competition is additionally examined intimately.Product Segment Analysis: Professional Electric Hair Brush, Personal Electric Hair BrushApplication Segment Analysis: Online Sales, Offline RetailRegional Segment Analysis: North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain etc.
Analysts scripting this report have profiled nearly every major company within the global marketplace, highlighting important business aspects like production, operations, and merchandise portfolios.
Ask For Discount @t: https://introspectivemarketresearch.com/ask-for-discount.php?_id=5&_sid=7617The report covers market growth figures over the past few years and the projected growth trajectory for the future upto 2025.
