World Personal Care Electrical Appliances Market Discussed in In-demand Allied Market Research Report Available at MarketPublishers.com14 May 2015 • by Natalie Aster
LONDON – The market for personal care electrical appliances is projected to grow steadily for already established products. Nevertheless, the sales of relatively newer products like oral care appliances and hair stylers, are expected to see a faster adoption worldwide. In the developed economies, the market is witnessing a more rapid increase in revenue as against unit sales, which is exemplified from the ongoing hike in price of the entrenched products owing to the premiumisation trend. Buyers, particularly in the developed world, are quality and brand-conscious, which stimulates them to purchase premium products.
The improving global economic climate, ageing population boom and rising disposable income levels are driving the growth in the market. Dearth of awareness relating to new products and durability, are amid the major hindrances of the market growth. The hair dryers sector is about to mature in the developed world; however, it has high growth potential in developing economies. Newer products including oral care appliances, among others, are yet to gain awareness across emerging nations. Lack of durability is another restraint of the market growth.
Hair care appliances accounted for close to 41% of the world’s personal care market, followed by hair removal appliances holding nearly 35% share. APAC is set to record 10.5% CAGR through to 2020. Remington Products Company, Conair Corp, Procter and Gamble, Panasonic Corporation, Groupe SEB, Helen of Troy L.P, Colgate-Palmolive, Royal Philips Electronics NV, LION Corp and HoMedics Inc. are the dominant players.
In-demand study “Global Personal Care Electrical Appliances Market (Product Type, Gender and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020” prepared by Allied Market Research limelights the present and future trends in the world’s personal care electrical appliances marketplace and examines of key factors affecting it. The report provides detailed market segmentation based on gender, product type and geography; describes the sector’s growth prospects; presents insights into the current market status alongside forecasts to 2020. It provides profiles of top companies as well as a SWOT analysis. Porter’s five forces analysis and a value chain assessment can also be found in the study.
Global Personal Care Electrical Appliances Market (Product Type, Gender and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 – 2020
Published: April, 2015
Price: US$ 3,750.00
More reports by the publisher can be found at Allied Market Research page.