PUBLISHER: Value Market Research | PRODUCT CODE: 1547758
PUBLISHER: Value Market Research | PRODUCT CODE: 1547758
The global demand for Epilator Market is presumed to reach the market size of nearly USD 869.94 Million by 2032 from USD 511.43 Million in 2023 with a CAGR of 6.08% under the study period 2024-2032.
An epilator is a personal care device used to remove hair by mechanically grasping multiple hairs simultaneously and plucking them out. It comes in corded, rechargeable, and battery-operated designs. It removes hairs from the root similar to waxing but without the use of wax. Epilator is a handy device designed with rotatory blades that removes hair. It offers smoother skin, removes shorter hair, and last longer results than most other hair removal methods like depilatory creams, shaving, or tweezing.
The rising benefits of epilators, such as ease of use and low cost, drive the growth of the global epilator market. Using an epilator, one can avoid a salon visit, which includes long sessions and high prices. Also, the growing penetration of e-commerce is also boosting its sales across the world. The market is experiencing the entrance of new players and a substantial increase in advertisement activities. Modern epilators are built to be used either wet or dry, in or out of the shower, or with an optional cream or gel. Today's shoppers are much more nuanced and value-driven than the past; there is more competition from online retailers, direct-to-consumer brands, and subscription services. There are robust evolution and opportunities. The side effects of hair removal using an epilator, such as skin bumps, are the primary factors hampering the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Epilator. The growth and trends of Epilator industry provide a holistic approach to this study.
This section of the Epilator market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Epilator market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Epilator market include Procter & Gamble (BRAUN), Koninklijke Philips N.V., Emjoi Inc., Morphy Richards India, Beurer GmbH, Panasonic Corporation, Conair LLC, Epilady USA Inc., Havells India Ltd., Hangsun Limited. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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