The global electric hair brush market size is expected to reach USD 694.1 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.4% over the forecast period. Growing importance of hair styling among millennials on account of increased number of fashion grooming videos on social media websites including Facebook, YouTube, and Pinterest is expected to remain a key factor for promoting the use of advanced products including electric hair brush. Additionally, increasing concerns over adverse effects associated with ageing on hair fall and other problems is expected to force the consumers, particularly adults to use those styling products, which reduce the occurrences of such problems.
Digitalization
and increasing importance of convenience as a key buying criteria among the
consumers are expected to play a crucial role in promoting the importance of
technically advanced smart products. For instance, in January 2017,
France-based L’Oréal introduced smart hairbrush under the brand name, Kerastase
Hair Coach. The company claimed that the effective use of these products
results in minimizing the risks associated with hair breakage and split ends as
they contain sensors, which provide information on hair quality as well as
brushing patterns.
For more info visit here: https://www.grandviewresearch.com/industry-analysis/electric-hair-brush-market
Asia
Pacific is expected to expand at the fastest CAGR of 7.2% from 2019 to 2025.
This growth is attributed to increasing number of male as well as female
millennials in developing countries including China and India, who are
increasing spending on hair styling. Additionally, increased number of salons
and beauty parlors in the aforementioned countries as a result of urbanization
is expected to expand the utility of the electric hairbrush over the next few
years.
Major
manufacturers include Philips; Rozia; Revlon, Inc.; VEGA; L'Oréal S.A.;
Corioliss; DAFNI; Gooseberry; AsaVea; MiroPure; and GLAMFIELDS. Increasing
number of domestic electric hairbrush suppliers in developing economies
including China and India is expected to limit the share of the premium brand
owners. Manufacturers will increase their spending on the development of
advanced products, which will not only provide smart features to the consumers
but also offer the convenience. Additionally, increasing number of smartphone
users at the global level as a result of improved network connectivity and new
launches of advanced phablets and tablets are expected to force the
manufacturing firms to expand their product line in e-commerce portals.
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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