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Global Electric Hair Clipper Market Report 2018-2029
Global Electric Hair Clipper Market Report 2018-2029

Pages: 135       Published Date: Jul 04 2023       Category: Other       Report ID: HJR893542
The Electric Hair Clipper industry refers to the market for electric devices used for cutting or trimming hair. These devices have become a popular choice among consumers due to their convenience and efficiency compared to traditional manual hair clippers. Electric hair clippers are primarily used in households and barber shops and offer a wide range of features and designs to cater to different needs.

According to market research conducted by HJResearch, it is projected that the global Electric Hair Clipper market will reach a size of US$5288.2 million in 2022, with a compound annual growth rate (CAGR) of 4.16%. This indicates a significant growth potential for the industry in the coming years.

The market is dominated by several major global manufacturers who have established a strong presence and reputation in the industry. These manufacturers include Wahl, Philips, Panasonic, Andis, Braun, Conair, Oster, Remington, Riwa, Paiter, Flyco, and Rewell. These companies constantly strive to innovate and improve their products to meet the evolving needs and preferences of consumers.

In terms of use, electric hair clippers find widespread application in both households and barber shops. In households, they offer convenience and cost savings compared to regular salon visits. They provide individuals the ability to groom themselves or their family members at their convenience, without the need for professional assistance.

Barber shops, on the other hand, heavily rely on electric hair clippers as essential tools for providing hair cutting, trimming, and styling services to customers. These establishments require durable, high-quality clippers that can withstand continuous use and deliver precise results consistently.

The industry's growth can be attributed to several factors. Firstly, there is an increasing emphasis on personal grooming and appearance among individuals, leading to higher demand for hair care devices such as electric hair clippers. Additionally, technological advancements have resulted in the development of more efficient and user-friendly clippers, which further drives market growth.

Moreover, the growing popularity of do-it-yourself (DIY) grooming and styling has fueled the demand for electric hair clippers in households. As consumers become more adept and confident in using these devices, they are opting to maintain their hairstyles at home, contributing to market expansion.

Furthermore, the industry's prospects are bright due to the rising disposable income levels of consumers globally, especially in developing regions. As people have more purchasing power, they are increasingly willing to invest in personal care products and devices, which includes electric hair clippers.

In conclusion, the Electric Hair Clipper industry is witnessing significant growth and has a promising future. The market's expansion is driven by factors such as increasing emphasis on personal grooming, technological advancements, growing DIY grooming trends, and rising disposable incomes. With key players constantly innovating and improving their products, electric hair clippers are set to become an essential tool in hair care and styling for both households and professionals.

The SWOT analysis of the Electric Hair Clipper industry is as follows:

Strengths:
1. Growing demand: With the increasing popularity of grooming and personal care among both men and women, the demand for electric hair clippers has been rising steadily.
2. Convenience: Electric hair clippers offer convenience by allowing users to trim and style their hair at home, saving them time and money compared to visiting a barber or hair salon.
3. Customization: Many electric hair clippers come with a range of attachments and settings, allowing users to customize their haircuts according to their preferences.
4. Durability: Electric hair clippers are built to last, with durable components that can withstand regular use.
5. Versatility: Electric hair clippers can be used for more than just haircutting. They are also suitable for trimming facial hair, shaping beards, and grooming body hair.

Weaknesses:
1. Cost: Some electric hair clippers can be relatively expensive, especially those with advanced features and high-quality materials.
2. Skill required: While electric hair clippers are designed to be user-friendly, achieving professional-level haircuts may require some skill and practice.
3. Noise: Many electric hair clippers produce a considerable amount of noise while in operation, which can be bothersome for some users.

Opportunities:
1. Technological advancements: The electric hair clipper industry has the opportunity to capitalize on technological advancements, such as ergonomic designs, cordless operation, and improved battery life.
2. Emerging markets: As grooming becomes more popular in developing countries, there is a significant opportunity for the electric hair clipper industry to expand into new markets.
3. Online sales: With the rise of e-commerce, online platforms provide an opportunity for electric hair clipper manufacturers to reach a wider customer base and increase sales.

Threats:
1. Potential market saturation: As the electric hair clipper industry continues to grow, there is a risk of oversaturation, leading to increased competition and potential price wars.
2. Substitutes: Other grooming tools, such as traditional hair clippers, scissors, and manual razors, pose a threat to the electric hair clipper industry.
3. Economic uncertainty: Economic downturns or recessions can impact consumer spending on discretionary items, which may affect the sales of electric hair clippers.

Key players in global Electric Hair Clipper market include:
Wahl
Phillips
Panasonic
Andis
Braun
Conair
Oster
Remington
Riwa
Paiter
Flyco
Rewell

Market segmentation, by product types:
Wired Hair Clipper
Cordless Hair Clipper

Market segmentation, by applications:
Household
Barber Shops and etc.

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