The global electric hair clipper & trimmer market size is anticipated to reach $6.3 billion by 2025, according to a new report by Grand View Research, Inc.
Middle East and Africa are anticipated to expand at the fastest CAGR (Compound Annual Growth Rate) of 3.7% from 2019 to 2025. An increase in spending on male grooming is a main factor expected to fuel the use of electric trimmers in the region.
A main factor driving the global demand for electric hair clipper & trimmer products is the launch of innovative products with improved design.
Cordless products are anticipated to witness the fastest growth from 2019 to 2025, due to the introduction of products with improved battery life, coupled with improved ergonomics.
In the Grand View Research report, Wahl, Procter & Gamble and Panasonic Corporation are listed as being ‘prominent vendors’ in ‘a highly competitive market’.
The growing popularity of beards is also expected to fuel the demand for electric clippers over the forecast period. Grand View Research notes that sales of razors have been decreasing steadily across the developed countries, mainly because people in these countries either opt for a full beard look or use electric trimmers. Moreover, consumers in these countries are shifting towards environment friendly products, thus minimising the use of disposable razors.
For more information about the Grand View Research report log on to https://www.grandviewresearch.com/industry-analysis/electric-hair-clipper-trimmer-market