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What Is the Predicted Market Size and CAGR of the Personal Care Appliances Market by the End of the 2029?
The personal care appliances market size has grown steadily in recent years. It will grow from $22.37 billion in 2024 to $23.39 billion in 2025 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to changing lifestyles, smart personal care appliances, e-commerce growth, increased exposure to global beauty and grooming, environmental awareness.
The personal care appliances market size is expected to see strong growth in the next few years. It will grow to $29.85 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to smart personal care appliances, health and wellness emphasis, aging population, personal care appliances, personalization and customization, rise in male grooming. Major trends in the forecast period include eco-friendly design, skin health focus, portable and travel-friendly, gender-neutral products, sonic and ultrasonic technology.
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Which Factors Are Contributing Most to the Expansion of the Personal Care Appliances Market?
The increase in the e-commerce industry is expected to propel the growth of the personal care appliances market going forward. The e-commerce industry refers to the transactions of sale of products online. E-commerce helps in easy promotion and sales of products to customers. For instance, in September 2024, according to the statistics published by SellersCommerce, a US-based e-commerce company, the number of online shoppers will reach 2.77 billion by 2025, with China leading at 915.1 million online shoppers and the US at 270.11 million in 2024, where 20.1% of retail purchases will take place online, expected to rise to 22.6% by 2027. Therefore, the positive outlook of the e-commerce industry is driving the personal care appliances market.
Which Key Segments Are Included in the Personal Care Appliances Market Analysis?
The personal care appliances market covered in this report is segmented –
1) By Product: Hair Care, Hair Removal, Oral Care, Other Products
2) By Distribution Channel: Online, Offline
3) By End-Use: Female, Male
Subsegments:
1) By Hair Care: Hair Dryers, Hair Straighteners, Hair Curlers, Hair Brushes
2) By Hair Removal: Electric Shavers, Epilators, Laser Hair Removal Devices, Depilatory Creams
3) By Oral Care: Electric Toothbrushes, Water Flossers, Electric Mouthwash Dispensers, Teeth Whitening Devices
4) By Other Products: Facial Cleansing Brushes, Foot Massagers, Body Groomers, Nail Care Devices
What Are the Key Industry Trends Driving Growth in the Personal Care Appliances Market?
Technological advancements are a key trend gaining popularity in the personal care appliances market. Companies are emphasizing launching new technologically advanced products to capture significant market share. For instance, in February 2023, Good Hair Day (GHD) UK-based hair care product manufacturer launched the GHD Duet wet-to-straight styling tool. This combines airflow with ceramic straightening plates, allowing users to dry and straighten hair in one step while maintaining a maximum temperature of 120°C to prevent damage. It offers a quiet, lightweight design, a 'shine shot’ feature for extra finishing touches, and is ideal for achieving sleek, frizz-free hair quickly, making it a time-saving innovation in personal care.
Who Are the Top Industry Players Driving the Personal Care Appliances Market Growth?
Major companies operating in the personal care appliances market include Koninklijke Philips N.V., Conair Corporation, Dyson Ltd., Havells India Ltd., Helen of Troy Limited, Procter & Gamble Co., Panasonic Corporation, Spectrum Brands Inc., Conair Corporation, Andis Company, Dyson Limited, Samsung Electronics Co. Ltd., LG Corporation, Colgate-Palmolive Company, Wahl Clipper Corporation, Groupe SEB, Braun GmbH, Helen of Troy Limited, Havells India Ltd., Syska Group, VEGA Industries Pvt. Ltd., Philips India Limited, Nova Corp. Ltd., KENT RO Systems Ltd., Gillette India Limited, Bajaj Electricals Limited, Morphy Richards India, Remington India Ltd., Inalsa Appliances Ltd., Agaro Artisians Limited
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Which Regional Markets Offer the Most Promising Growth Opportunities for the Personal Care Appliances Market?
North America was the largest region in the personal care appliances market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the personal care appliances market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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