PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1443414
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1443414
GlobalPersonal Care Electrical Appliances Market is valued at approximately USD 21.6 illion in 2022 andis anticipated to grow with a healthy growth rate of more than 6.8%duringthe forecast period 2023-2030.Personal care electrical appliances are utilized by both men and women for personal grooming needs, including hair care, oral care, and other hygiene products that are powered by batteries or electricity. The Global Personal Care Electrical Appliances Market is growing continuously due to factors such asan increase in disposable incomes, improvement in the economic environment and a growing aging population.
The demand for Personal Care Electrical Appliances has significantly increased overperiod of time due to the rise in per capita disposable income of the people. As per Statista, the per capita disposable income of the Indian population amounted toUSD 25.96 trillion in 2020. It has been increased to USD 29.95 trillion as of 2022, and a rapid expansion of USD 37.31 is projected in 2028. Furthermore, research conducted in 2020 by the same source indicates that the United States' per capita disposable income was USD 51.71 trillion. It increased to USD 55.29 trillion in 2022 and is expected to rise to USD 71.83 trillion by 2028.This led to a significant increase in the living standards of the people which led to increase in the demand for Personal Care Electrical Appliances.Moreover, technological advancements and rising preference for online shopping are opportunities for the Global Personal Care Electrical Appliances Market. However, the high cost of personal care electrical appliances and the availability of alternatives hinderthe market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Vaccine Personal Care Electric Appliances Marketstudy includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa.North America dominated the market in 2022 owing to factors such as increasing demand among men for personal grooming and technological innovations in hair care appliances, the demand for personal care electrical appliances is projected to grow significantly overthe forecast period. Asia Pacific is expected to grow significantly overthe forecast period as the region's consistently booming economy is drawing consumers' attention to cutting-edge personal care appliances that provide convenient use and improved outcomes, such as hair styling equipment, electric dental care items, beauty appliances, and so on.
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values forthe coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters todetailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potentialopportunities in micro markets for stakeholders to invest along with adetailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:
List of tables and figures are dummy in nature, final lists may vary in the final deliverable
List of tables and figures are dummy in nature, final lists may vary in the final deliverable