Electric Hair Brush Market Trends

  • Report ID: 6489
  • Published Date: Oct 01, 2024
  • Report Format: PDF, PPT

Electric Hair Brush Market Trends

Growth Drivers

  • Focus on technological advancements and rising e-commerce: The growing demand for effective yet remotely functional hair-care solutions is one of the major growth factors, emphasizing the market volume of electric hair brushes. An article posted by the Times of India, in 2024 states, that the electric hair brush is a revolutionary technology, that not only can be customized for various hair styling but also can reduce the direct heat damage on hair, which perfectly aligns with the customer preferences for personalized solution, boosting the demand. Besides the efficiency, its easy availability on every premium to an affordable online e-commerce platform, such as Amazon, Flipkart, Target, Walmart, eBay, Myntra, and Nykaa, helps the electric hair brush market to elevate its reach.
  • Rise of social media marketing: Accessibility of the internet and social media platforms are extending the marketplace for electric hair brushes through advertisements, igniting an unstoppable demand-supply chain. The tendency of the youth generation to follow the latest fashion trends is even inspiring reputed electronic brands, such as Philips, Havells, Vega, Urban, etc. to invest in the electric hair brush market. Social media beauty influencers, online video tutorials, and new hairstyle trendsetters are encouraging people to invest in technologically advanced beauty tools, including electric hair brushes by showcasing their effectiveness, boosting the market to be bigger and filled with developmental potential.

Challenges

  • Expensive product paunch: The popularity of the product needs to be revamped with every new viral trend to keep the demand growing, where the market faces issues to gain consumer trust. In many cases, the product evaluation process results in failure in meeting the user expectations, or delivers inconsistent performance, making customers rethink about switching to other available brands in the electric hair brush market.  So, in order to regain customer loyalty and retain market growth, it is required to sign for costly sponsorships with popular influencers and celebrities to advertise the efficiency and safety of the latest products, making the launching budget higher.
  • Enlarged production cost: The electric hair brush market follows the newest fashion trends, which demand frequent innovations in functionality to keep up. The process of launching new technology in electric hair brushes in the market, keeping consumer safety and satisfaction in mind, demands greater investment in time and money to qualify through quality standards. This enlarged production cost refers to higher sale prices, making it hard to reach potential consumers with lower economic backgrounds, restricting the market from achieving optimum size.

Electric Hair Brush Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

6.1%

Base Year Market Size (2024)

USD 1.38 billion

Forecast Year Market Size (2037)

USD 2.81 billion

Regional Scope

  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • North America (U.S., and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) 
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa) 
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Browse Key Market Insights with Data Illustration:


Author Credits:  Parul Atri


  • Report ID: 6489
  • Published Date: Oct 01, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the electric hair brush market was over USD 1.38 billion.

The market value of electric hair brush market is estimated to reach USD 2.81 billion by the end of 2037, exhibiting a CAGR of 6.1% during the forecast period, i.e., 2025-2037.

The major players in the market are Koninklijke Philips N.V., L'Oréal S.A., Dyson Limited, Conair Corporation, Revlon, Inc., Shenzhen Mesky Technology Co.Ltd., Spectrum Brands, Holdings, Inc., Corioliss, DAFNI, Vega, Drybar, LLC, Procter & Gamble, and others.

In terms of product type, the flat electric hair brush segment is anticipated to garner the largest market share by 2037 and display lucrative growth opportunities during 2025-2037, capturing 52.1% market share of the total market.

By capturing 34.9% market share of the total market, the Asia Pacific region is dominating the electric hair brush market with USD 490 million market value in 2024. As per the demand driven growth projectile, the market share of the same region is estimated to capture about 39.5% of the total market by the forecast year, 2025-2037.
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