The "Personal Care Appliances - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Personal Care Appliances Market to Reach $32.1 Billion by 2030
The global market for Personal Care Appliances estimated at US$22.2 Billion in the year 2023, is projected to reach a revised size of US$32.1 Billion by 2030, growing at a CAGR of 4.7% over the analysis period 2023-2030.
Personal care appliances encompass a wide range of products designed to enhance personal grooming and hygiene. These include hair care appliances, hair removal appliances, oral care appliances, and various other devices. The global market outlook for personal care appliances is optimistic, with hair care appliances leading the segment.
Hair Care Appliances, one of the segments analyzed in the report, is projected to record 4.3% CAGR and reach US$13 Billion by the end of the analysis period. Growth in the Hair Removal Appliances segment is estimated at 4.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $5.8 Billion, While China is Forecast to Grow at 5.8% CAGR
Developed nations currently dominate the market, but future growth is expected to be driven by developing nations. Competition in the industry is fierce, as indicated by the percentage breakdown of sales by leading competitors in the global electric toothbrush market for 2023. Recent market activity suggests a rising trend of beauty consciousness among men, presenting a lucrative opportunity for manufacturers to cater to this demographic.
The Personal Care Appliances market in the U.S. is estimated at US$5.8 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$3.7 Billion by the year 2030 trailing a CAGR of 5.8% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 3.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.
Key Attributes:
Report Attribute | Details |
No. of Pages | 473 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $22.2 Billion |
Forecasted Market Value (USD) by 2030 | $32.1 Billion |
Compound Annual Growth Rate | 5.4% |
Regions Covered | Global |
MARKET OVERVIEW
MARKET TRENDS & DRIVERS
FOCUS ON SELECT PLAYERS(Total 150 Featured)
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