Most barbershops are turning toward wearable or automatic cutting systems to minimize the number of stylists needed for the typical haircut. The one that takes the largest share of the hairdressing industry is electric hair trimmers. This is also one of the fastest-growing hair accessory industries.
Electric hair trimmers and straighteners allow consumers to quickly, easily, and conveniently trim their hair. This, in turn, has attracted consumers who are looking for convenient solutions.
Electrical hair trimmers are getting more and more popular among women who are also looking for cutting services, as opposed to traditional barbers who were reluctant to hire female stylists, more and more men and women are hiring female stylists to cut their hair in barbershops.
Electric hair trimmers are more flexible and have the power to cut, style, color, groom, and sculpt.
In fact, the market of electric hair trimmers in Brazil is experiencing an upward growth curve. The shift towards more stylized haircuts will play a vital role in the country’s growth.
People of all age groups are adopting electrical hair trimmers. Most electric hair trimmers are crucial because they have a user-friendly touch button that offers some simple and precise trimming options. The market for electric hair trimmers is expected to continue growing over the forecast period as technology develops further.
The leading vendors in the industry are Philips, Panasonic, Siemens, and Denyo. Each company has its unique research and development strategies in the electrically powered hair trimmer industry, depending on its customers’ needs.
The market for electric hair trimmers is broadly classified into North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa.
North America leads the global electric hair trimmers market in terms of market share. The U.S. is one of the leading markets in North America for electric hair trimmers, thanks to the increase in consumers’ spending power in the country.
The demand for an electrically powered haircut is also high in Europe and parts of the Asia Pacific. In the European region, electric hair trimmers are widely adopted among consumers in Germany, U.K., and France.
The market in the Asia Pacific region, particularly China, India, and Japan, is also witnessing a massive growth opportunity due to the vast population base seeking stylish ways to cut their hair. Electric hair trimmers are expected to find substantial growth opportunities in the regions mentioned above.
This report includes a brief profile on significant vendors in the global electric hair trimmers market. They include Panasonic, Siemens, Denyo, Philips, VTech, Fisher & Paykel Appliances, Dyson, Philips, Haier, Remington, Kuka, Remington, NOOK, SilverStone, and others.
In the coming years, new players are expected to make an entry into the market. The competition in the market is likely to intensify in the coming years due to several regional and global players’ presence.
All companies focus on improving their quality, which will help them gain a competitive edge over others. The focus of companies on R&D has helped them bring more new technologies in their products to achieve innovation.
With the increase in disposable income, people are becoming more conscious of their appearance, thus contributing to the market’s growth for electric hair trimmers. New technology has also improved the performance and energy efficiency of the trimmers, thereby attracting more consumers.
Adopting a new, technologically advanced hair cutting and styling system is expected to play a vital role in the global market’s growth. Many companies are investing in research and development activities to develop innovative products in the market. Some of the popular innovations in the market include motorized and battery-operated hair trimmers, making it easier for a user to trim his or her hair at home.
With the rise in disposable income, consumers are more likely to buy modern products, thus contributing to the market’s growth. The advancements in electronics, which makes it possible to carry out home haircuts and styling, are also expected to boost the global electric hair trimmers market’s growth.
Key players in the market are Philips, Dyson, Remington, Panasonic, and Siemens.
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