Dublin, Jan. 31, 2024 (GLOBE NEWSWIRE) -- The "Personal Care Appliances Global Market Report 2024" has been added to ResearchAndMarkets.com's offering.
In an era where self-care routines and grooming are not only a matter of hygiene but also an expression of personal style, the personal care appliances market is experiencing a significant surge. A comprehensive industry analysis now available provides profound insights on the market's growth trajectory, emphasizing the adoption of smart and eco-friendly personal care appliances, the influence of e-commerce, and the shifting focus towards personalization in grooming products.
Fueled by the ever-growing demand for convenience and innovation in personal care routines, the market has seen strong growth from $21.27 billion in 2023, with projections indicating a rise to $22.75 billion in 2024. This robust growth trajectory is expected to continue at a compelling compound annual growth rate (CAGR) of 6.9% through to 2028.
Marked Growth in Technologically Advanced Appliances
As companies strive to stand out in a competitive landscape, there is a palpable trend towards the introduction of products featuring state-of-the-art technology. Notable advancements ranging from nanotechnology in hair dryers to hypo-allergenic features in male grooming products are setting new standards in the personal care appliances industry.
- Smart features in hair care appliances, such as AI-driven styling tools, are reshaping consumer experiences, offering personalized recommendations for hair types and styles.
- Integrated sonic and ultrasonic technology in oral care devices are providing consumers with dental-grade cleaning at home.
- Eco-friendly designs and sustainable materials are being increasingly favored by environmentally conscious consumers, promoting 'green' grooming gadgets.
E-Commerce Bolstering Market Accessibility
The expansion of e-commerce has been instrumental in bridging the gap between consumers and personal care appliances. With online platforms offering a vast selection of grooming aids complemented by doorstep delivery, the market has witnessed an unprecedented uplift, boosting industry sales across geographies.
Escalation in Personal Care and Grooming Routines
In line with a heightened focus on personal health and well-being, the market is witnessing a rise in demand for products that cater to comprehensive at-home grooming rituals. Consumers' emphasis on maintaining precise and consistent personal care routines is driving the need for reliable and multi-functional personal care appliances.
Regional Market Insights
North America continues to dominate the market landscape in terms of revenue; however, the Asia-Pacific region is not far behind, displaying the fastest growth rate within the forecast period. The sector is benefiting from the regional tailwinds of increased purchasing power and a burgeoning interest in personal grooming in these regions.
In this thorough examination of the personal care appliances industry, readers will find vital information on market share, growth indicators, and strategic developments. Glimpses into the practices and innovations by leading companies in the field are indicative of the market's vibrant and competitive environment.
Companies Profiled:
- Koninklijke Philips N.V.
- Conair Corporation
- Dyson Ltd.
- Havells India Ltd.
- Helen of Troy Limited
- Procter & Gamble Co.
- Panasonic Corporation
- Spectrum Brands Inc.
- Conair Corporation
- Andis Company
- Dyson Limited
- Samsung Electronics Co. Ltd.
- LG Corporation
- Colgate-Palmolive Company
- Wahl Clipper Corporation
- Groupe SEB
- Braun GmbH
- Helen of Troy Limited
- Havells India Ltd.
- Syska Group
- VEGA Industries Pvt. Ltd.
- Philips India Limited
- Nova Corp. Ltd.
- KENT RO Systems Ltd.
- Gillette India Limited
- Bajaj Electricals Limited
- Morphy Richards India
- Remington India Ltd.
- Inalsa Appliances Ltd.
- Agaro Artisians Limited
For more information about this report visit https://www.researchandmarkets.com/r/uu3smc
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
