Overview and Scope
Electric hair clippers and trimmers are electrical grooming equipment with small moving blades that are used to cut hair. They operate on the same concept as scissors but differ from both scissors and razors. A clipper is meant for bulk hair cutting on a large area of application but does not cut particularly near the skin; it is usually used for human hair and to shear cattle animals. A trimmer is equipment, used for grooming human hair that works very close to the skin and is meant for edging, outlining dry shaving, and mild shaping on limited areas of application.
Sizing and Forecast
The electric hair clipper and trimmer market size has grown steadily in recent years. It will grow from $5.38 billion in 2023 to $5.6 billion in 2024 at a compound annual growth rate (CAGR) of 4.1%. The growth in the historic period can be attributed to user reviews and recommendations, versatile multipurpose tools, environmental considerations, influence of trends and media, customizable styling options..
The electric hair clipper and trimmer market size is expected to see steady growth in the next few years. It will grow to $6.42 billion in 2028 at a compound annual growth rate (CAGR) of 3.5%. The growth in the forecast period can be attributed to continued grooming emphasis, wireless and cordless preferences, diy haircare and home grooming, professional use and salons, ergonomic design.. Major trends in the forecast period include user reviews and recommendations, versatile use cases, environmental sustainability, male grooming market growth, brand innovation and competition..
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Segmentation & Regional Insights
The electric hair clipper and trimmer market covered in this report is segmented –
1) By Product: Corded, Cordless
2) By Distribution Channels: Offline Sales, Online Sales
3) By Application: Adults, Kids, Cattles
4) By End-Users: House-Holds, Barbers
North America was the largest region in the electric hair clipper and trimmer market in 2023. The regions covered in the electric hair clipper and trimmer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
Demand for consumer electronic products is expected to propel the growth of the electric hair clipper and trimmer market going forward. Consumer electronics (CE) refer to any electronic equipment intended for purchase and usage by end users or consumers on a daily and non-commercial or professional basis. Electric hair clippers and trimmers are consumer personal care appliances and products for grooming. They are also used to shear animals, and their sales have been growing significantly due to a surge in demand. Additionally, globalization and westernization have also favored the demand for electric hair clippers and trimmers. For instance, in January 2022, according to a report published by the Electronic Components Industry Association (ECIA), a US-based trade association for electronic component manufacturers, the growth of consumer electronic components in the Americas has accelerated from the low point of 2nd quarter of 2020, with quarterly revenues now over $6.6 billion and a year-over-year increase of 21% between quarter 2 of 2020 and quarter 3 of 2021. Therefore, the rise in demand for consumer electronic products is driving the electric hair clipper and trimmer market.
Key Industry Players
Major companies operating in the electric hair clipper and trimmer market report are Koninklijke Philips N.V., Wahl Clipper Corporation, Spectrum Brands Holdings Inc., The Procter & Gamble Company, Panasonic Corporation, Conair Corporation, Sunbeam Products, Havells India Limited, Xiaomi Corporation, Andis Company Inc., Zed Lifestyle Pvt Ltd., Syska LED Lights Private Limited, Brio Product Group, General Electric Company, Remington Rand OF India Ltd., Oster India Private Limited, Babyliss Ltd., Hatteker, Braun GmbH, Riwa Ltd., Surker, Yichang Gemei Trading Co. Ltd., Hangsun Electronics Ltd., Flyco Auto Pvt. Ltd., Yiwu Kemei Electric Appliances Co. Ltd., Bevel Tech Group, Inalsa Appliances Limited, Vector Group Ltd., Laiwu Gemei Advertising Co. Ltd., Floresta Real India Pvt. Ltd.
The electric hair clipper and trimmer market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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