Men's Grooming Appliances Market Size is projected to grow at a CAGR of 2.73% during forecast period: Straits Research

New York, United States, Sept. 06, 2023 (GLOBE NEWSWIRE) -- The practice of men paying attention to their looks and grooming according to modern trends is "male grooming." The tools used by men to groom themselves include those that assist with tasks like shaving their faces and hair trimming. Beauty, hair, and fashion trends are increasingly developed and spread via social media. Product and brand promotions, such as advertisements for men's grooming products, are becoming increasingly common to get consumers' attention.

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Growing Interest in Physical Appeal Drives the Global Market

The rapidly changing mustache and beard trends emphasized in movies and on the catwalk have a considerable impact on sales of grooming equipment that provide a realistic outcome that may be challenging to attain manually. American men use electric shavers regularly because they are primarily attracted to the clean-shaven appearance, which motivates them to do so frequently. The consumer's top choice in shaving gear also provides the smoothest experience. Rising spending on men's grooming products, such as electric hair clippers, trimmers, and shavers, is projected to impact market growth favorably. According to a report in the Economic Times, Indian men spend roughly 14 minutes taking care of their hair and 12 minutes making their features seem good.

Significant Investments by Market Players Creates Opportunities

Market participants concentrating on appliance innovation have made significant investments in the men's grooming appliance market. These innovative products offer enhanced advantages to set a company's products apart from the competition, address issues with traditional grooming products, and adapt to shifting consumer tastes. These developments are propelling the market for grooming appliances. Additionally, the emergence of new emerging markets and new strategic alliances will function as market drivers and expand beneficial chances for the industry's growth.

Report Scope

Report Metric	Details
Market Size by 2030	USD XX Billion
Market Size in 2021	USD 7.2 billion
CAGR	2.73%
Historical Data	2020-2021
Base Year	2022
Forecast Period	2023-2031
Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	By Type, By Distribution Channel
Geographies Covered	North America, Europe, Asia-Pacific, LAME and Rest of the World
Key Companies Profiled/Vendors	Koninklijke Philips NV, Panasonic Corporation, Wahl Clipper Corporation, Spectrum Brands Inc., Conair Corporation, Andis Company, and Syska.
Key Market Opportunities	Significant Investments by Market Players
Key Market Drivers	Growing Interest in Physical Appeal

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Regional Analysis

Asia-Pacific is the most significant shareholder in the global men's grooming appliances market and is expected to grow at a CAGR of 3.65% during the forecast period. Urban Chinese men are increasingly more conscious of their appearance. They worry that an untidy, ungroomed appearance may harm their chances of finding success in both their personal and professional lives. As a result, sales of everything from critical equipment and supplies for personal grooming to skincare and cosmetics have increased in China over the past few years. In addition to a growing understanding of the benefits of an advanced personal grooming regimen, Chinese men are prepared to spend money on items that can improve the health and appearance of their skin and hair. The players have responded by launching novel and ground-breaking goods to enhance their market share further. Indian males are now more self-conscious about their appearance due to the prevalence of social media sites like Instagram and Facebook. On these channels, students are exposed to the grooming habits of celebrities as well as a vast array of novel items that offer particular solutions. The increase in young people's disposable income has boosted the retail men's grooming appliance sector.

Europe is expected to grow at a CAGR of 1.34%, during the forecast period. German electric shavers are becoming more and more well-known in Germany and abroad due to their distinctive designs, cutting-edge technology, and high quality. Germany is one of the most powerful nations supplying electric shavers to the European Union, Japan, and the United States. In order to suit client expectations, businesses are creating new grooming products and providing goods that may display relevant user data. For instance, Moser, a company of Wahl GmbH, unveiled the Li+Pro2 clippers and the Li+Pro2 micro contour trimmer. The new Li+Pro2 clippers are easy to use and display valuable usage data, such as speed settings, notifications for oil and cleaning, and battery capacity. Businesses that run under-grooming brands launch products and offer services via social media platforms, such as ideas and guidance, to satisfy consumer demand.

The male population in the US spends a lot of money on personal grooming products. They are keen to try out new products, particularly those that are practical and have a specific selection, which boosts product sales. Men use grooming products more frequently than ever in the nation due to several causes. 60% of market customers regularly trim or shave their beards, while 80% of customers value facial hair. In Canada, household expenditure has dramatically increased in recent years. The nation's tendency to spend money on looks has increased, and the influx of ex-pats has further boosted the potential of the industry under consideration.

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Competitive Players

The global men's grooming appliances market’s major key players are Koninklijke Philips NV, Panasonic Corporation, Wahl Clipper Corporation, Spectrum Brands Inc., Conair Corporation, Andis Company, and Syska.

Key Highlights

• The global men's grooming appliances market size is expected to grow at a CAGR of 2.63% during the forecast period.
• Based on type, the global men's grooming appliances market is bifurcated into shavers, stylers/trimmers, epilators, and hair clippers. The shavers segment is the highest contributor to the market and is expected to grow at a CAGR of 3.43% during the forecast period.
• Based on distribution channels, the global men's grooming appliances market is bifurcated into supermarkets/hypermarkets, specialist retailers, online retail stores, and other distribution channels. The supermarkets/hypermarkets segment owns the highest market share and is expected to grow at a CAGR of 3.43% during the forecast period.
• Asia-Pacific is the most significant shareholder in the global men's grooming appliances market and is expected to grow at a CAGR of 3.65% during the forecast period.

Market News

• In March 2022, Andis® Company, the leading barbering, styling, and animal grooming tools brand dedicated to empowering users to create their way, announced its Creator Series launch.
• In July 2022, Syska Personal Care announced the launch of the advanced Syska HT350 Pro Trimmer.

Global Men's Grooming Appliances Market: Segmentation

By Type

• Shaver
• Styler/Trimmer
• Epilator and Hair Clippers

By Distribution Channel

• Supermarkets/Hypermarkets
• Specialist Retailers
• Online Retail Stores
• Other Distribution Channels

By Regions

• North America
• Europe
• Asia-Pacific
• LAMEA

TABLE OF CONTENT

1. EXECUTIVE SUMMARY
2. RESEARCH SCOPE & SEGMENTATION
   1. Research Objectives
   2. Market Definition
   3. Limitations & Assumptions
   4. Market Scope & Segmentation
   5. Currency & Pricing Considered
3. MARKET OPPORTUNITY ASSESSMENT

3. 1. Emerging Regions / Countries
   2. Emerging Companies
   3. Emerging Applications / End Use
   4. Investment Landscape
   5. New Business Models / Revenue Streams
   6. TAM

4. MARKET TRENDS

4. 1. Drivers
   2. Market Warning Factors
   3. Latest Macro Economic Indicators
   4. Geopolitical Impact
   5. Human Factors
   6. Technology Factors

5. MARKET ASSESSMENT

5. 1. Porters Five Forces Analysis
   2. Value Chain Analysis
   3. Sales And Distribution Channel Analysis
   4. Average Pricing Analysis
   5. Patent Analysis
   6. M & A Agreements & Collabration Analysis
   7. Export Import Analysis

6. ESG TRENDS
7. GLOBAL MEN'S GROOMING APPLIANCES MARKET SIZE ANALYSIS

7. 1. Global Men's Grooming Appliances Market Introduction
   2. By Type

7. 2. 1. Introduction

1. 1. 1. 1. Type By Value

7. 2. 2. Shaver

1. 1. 1. 1. By Value

7. 2. 3. Styler/Trimmer

1. 1. 1. 1. By Value

7. 2. 4. Epilator And Hair Clippers

1. 1. 1. 1. By Value

7. 3. By Distribution Channel

7. 3. 1. Introduction

1. 1. 1. 1. Distribution Channel By Value

7. 3. 2. Supermarkets/Hypermarkets

1. 1. 1. 1. By Value

7. 3. 3. Specialist Retailers

1. 1. 1. 1. By Value

7. 3. 4. Online Retail Stores

1. 1. 1. 1. By Value

7. 3. 5. Other Distribution Channels

1. 1. 1. 1. By Value

8. NORTH AMERICA MARKET ANALYSIS

8. 1. Introduction
   2. By Type

8. 2. 1. Introduction

1. 1. 1. 1. Type By Value

8. 2. 2. Shaver

1. 1. 1. 1. By Value

8. 2. 3. Styler/Trimmer

1. 1. 1. 1. By Value

8. 2. 4. Epilator And Hair Clippers

1. 1. 1. 1. By Value

8. 3. By Distribution Channel

8. 3. 1. Introduction

1. 1. 1. 1. Distribution Channel By Value

8. 3. 2. Supermarkets/Hypermarkets

1. 1. 1. 1. By Value

8. 3. 3. Specialist Retailers

1. 1. 1. 1. By Value

8. 3. 4. Online Retail Stores

1. 1. 1. 1. By Value

8. 3. 5. Other Distribution Channels

1. 1. 1. 1. By Value

8. 4. U.S.

8. 4. 1. By Type

1. 1. 1. 1. Introduction
            1. Type By Value
         2. Shaver
            1. By Value
         3. Styler/Trimmer
            1. By Value
         4. Epilator And Hair Clippers
            1. By Value

8. 4. 2. By Distribution Channel

1. 1. 1. 1. Introduction
            1. Distribution Channel By Value
         2. Supermarkets/Hypermarkets
            1. By Value
         3. Specialist Retailers
            1. By Value
         4. Online Retail Stores
            1. By Value
         5. Other Distribution Channels
            1. By Value

8. 5. Canada

9. EUROPE MARKET ANALYSIS

9. 1. Introduction
   2. By Type

9. 2. 1. Introduction

1. 1. 1. 1. Type By Value

9. 2. 2. Shaver

1. 1. 1. 1. By Value

9. 2. 3. Styler/Trimmer

1. 1. 1. 1. By Value

9. 2. 4. Epilator And Hair Clippers

1. 1. 1. 1. By Value

9. 3. By Distribution Channel
      1. Introduction

1. 1. 1. 1. Distribution Channel By Value

9. 3. 2. Supermarkets/Hypermarkets

1. 1. 1. 1. By Value

9. 3. 3. Specialist Retailers

1. 1. 1. 1. By Value

9. 3. 4. Online Retail Stores

1. 1. 1. 1. By Value

9. 3. 5. Other Distribution Channels

1. 1. 1. 1. By Value

9. 4. U.K.

9. 4. 1. By Type

1. 1. 1. 1. Introduction
            1. Type By Value
         2. Shaver
            1. By Value
         3. Styler/Trimmer
            1. By Value
         4. Epilator And Hair Clippers
            1. By Value

9. 4. 2. By Distribution Channel

1. 1. 1. 1. Introduction
            1. Distribution Channel By Value
         2. Supermarkets/Hypermarkets
            1. By Value
         3. Specialist Retailers
            1. By Value
         4. Online Retail Stores
            1. By Value
         5. Other Distribution Channels
            1. By Value

9. 5. Germany
   6. France
   7. Spain
   8. Italy
   9. Russia
   10. Nordic
   11. Benelux
   12. Rest Of Europe

10. APAC MARKET ANALYSIS

10. 1. Introduction
    2. By Type

10. 2. 1. Introduction

1. 1. 1. 1. Type By Value

10. 2. 2. Shaver

1. 1. 1. 1. By Value

10. 2. 3. Styler/Trimmer

1. 1. 1. 1. By Value

10. 2. 4. Epilator And Hair Clippers

1. 1. 1. 1. By Value

10. 3. By Distribution Channel

10. 3. 1. Introduction

1. 1. 1. 1. Distribution Channel By Value

10. 3. 2. Supermarkets/Hypermarkets

1. 1. 1. 1. By Value

10. 3. 3. Specialist Retailers

1. 1. 1. 1. By Value

10. 3. 4. Online Retail Stores

1. 1. 1. 1. By Value

10. 3. 5. Other Distribution Channels

1. 1. 1. 1. By Value

10. 4. China

10. 4. 1. By Type

1. 1. 1. 1. Introduction
            1. Type By Value
         2. Shaver
            1. By Value
         3. Styler/Trimmer
            1. By Value
         4. Epilator And Hair Clippers
            1. By Value

10. 4. 2. By Distribution Channel

1. 1. 1. 1. Introduction
            1. Distribution Channel By Value
         2. Supermarkets/Hypermarkets
            1. By Value
         3. Specialist Retailers
            1. By Value
         4. Online Retail Stores
            1. By Value
         5. Other Distribution Channels
            1. By Value

10. 5. Korea
    6. Japan
    7. India
    8. Australia
    9. Taiwan
    10. South East Asia
    11. Rest Of Asia-Pacific

11. MIDDLE EAST AND AFRICA MARKET ANALYSIS

11. 1. Introduction
    2. By Type

11. 2. 1. Introduction

1. 1. 1. 1. Type By Value

11. 2. 2. Shaver

1. 1. 1. 1. By Value

11. 2. 3. Styler/Trimmer

1. 1. 1. 1. By Value

11. 2. 4. Epilator And Hair Clippers

1. 1. 1. 1. By Value

11. 3. By Distribution Channel

11. 3. 1. Introduction

1. 1. 1. 1. Distribution Channel By Value

11. 3. 2. Supermarkets/Hypermarkets

1. 1. 1. 1. By Value

11. 3. 3. Specialist Retailers

1. 1. 1. 1. By Value

11. 3. 4. Online Retail Stores

1. 1. 1. 1. By Value

11. 3. 5. Other Distribution Channels

1. 1. 1. 1. By Value

11. 4. UAE

11. 4. 1. By Type

1. 1. 1. 1. Introduction
            1. Type By Value
         2. Shaver
            1. By Value
         3. Styler/Trimmer
            1. By Value
         4. Epilator And Hair Clippers
            1. By Value

11. 4. 2. By Distribution Channel

1. 1. 1. 1. Introduction
            1. Distribution Channel By Value
         2. Supermarkets/Hypermarkets
            1. By Value
         3. Specialist Retailers
            1. By Value
         4. Online Retail Stores
            1. By Value
         5. Other Distribution Channels
            1. By Value

11. 5. Turkey
    6. Saudi Arabia
    7. South Africa
    8. Egypt
    9. Nigeria
    10. Rest Of MEA

12. LATAM MARKET ANALYSIS

12. 1. Introduction
    2. By Type

12. 2. 1. Introduction

1. 1. 1. 1. Type By Value

12. 2. 2. Shaver

1. 1. 1. 1. By Value

12. 2. 3. Styler/Trimmer

1. 1. 1. 1. By Value

12. 2. 4. Epilator And Hair Clippers

1. 1. 1. 1. By Value

12. 3. By Distribution Channel

12. 3. 1. Introduction

1. 1. 1. 1. Distribution Channel By Value

12. 3. 2. Supermarkets/Hypermarkets

1. 1. 1. 1. By Value

12. 3. 3. Specialist Retailers

1. 1. 1. 1. By Value

12. 3. 4. Online Retail Stores

1. 1. 1. 1. By Value

12. 3. 5. Other Distribution Channels

1. 1. 1. 1. By Value

12. 4. Brazil

12. 4. 1. By Type

1. 1. 1. 1. Introduction
            1. Type By Value
         2. Shaver
            1. By Value
         3. Styler/Trimmer
            1. By Value
         4. Epilator And Hair Clippers
            1. By Value

12. 4. 2. By Distribution Channel

1. 1. 1. 1. Introduction
            1. Distribution Channel By Value
         2. Supermarkets/Hypermarkets
            1. By Value
         3. Specialist Retailers
            1. By Value
         4. Online Retail Stores
            1. By Value
         5. Other Distribution Channels
            1. By Value

12. 5. Mexico
    6. Argentina
    7. Chile
    8. Colombia
    9. Rest Of LATAM

13. COMPETITIVE ASSESSMENT

13. 1. Adoption Matrix
    2. Men's Grooming Appliances Market Share By Manufacturers
    3. Men's Grooming Appliances Market Ranking By Revenue For Manufacturers
    4. Average Price By Manufacturers
    5. Vendor Footprint Analysis

14. MARKET PLAYERS ASSESSMENT

14. 1. Koninklijke Philips NV

14. 1. 1. Overview
       2. Business Information
       3. Revenue
       4. ASP
       5. Gross Margin
       6. Swot Analysis
       7. Recent Developmments

14. 2. Panasonic Corporation
    3. Wahl Clipper Corporation
    4. Spectrum Brands Inc.
    5. Conair Corporation
    6. Andis Company
    7. Syska

15. RESEARCH METHODOLOGY

15. 1. Research Data

15. 1. 1. Secondary Data

1. 1. 1. 1. Major Secondary Sources
         2. Key Data From Secondary Sources

15. 1. 2. Primary Data

1. 1. 1. 1. Key Data From Primary Sources
         2. Breakdown Of Primaries

15. 1. 3. Secondary And Primary Research

1. 1. 1. 1. Key Industry Insights

15. 2. Market Size Estimation

15. 2. 1. Bottom-Up Approach
       2. Top-Down Approach
       3. Market Projection

15. 3. Research Assumptions

15. 3. 1. Assumptions

15. 4. Limitations
    5. Risk Assessment

16. APPENDIX

16. 1. Discussion Guide
    2. Customization Options
    3. Related Reports

17. DISCLAIMER

Table of Content and Figure @ https://straitsresearch.com/report/mens-grooming-appliances-market/toc

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