PUBLISHER: Orion Market Research | PRODUCT CODE: 1078158
PUBLISHER: Orion Market Research | PRODUCT CODE: 1078158
Global Epilator Market Size, Share & Trends Analysis Report by Gender (Male and Female), by Type (Tweezers, Spring, and Rotating Disc), by Technology ( Manual, Electric, Rechargeable, Dry Battery Type, and Plug-In Power), by Product Feature (Floating Head, Instrument Depilation, Single Knife Net, and Double Knife Net), by Application ( Facial and Body), and by End User (Home USE, Beauty Salon, and Hospitals) Forecast Period (2022-2028)
The global epilator market is anticipated to grow at a significant CAGR of 8% during the forecast period. The epilator market is expected to grow rapidly due to the several benefits of epilators over conventional hair removal methods such as shaving and waxing. The primary driver involved in the growth of the market is its least cost as compared to the laser hair removal method. However, the side effects associated with hair removal using an epilator such as skin bumps are the major factor hampering the market growth. Moreover, the painful hair removal method through epilators and the lack of awareness about epilators in underdeveloped economies are some other factors that are restraining the growth of the global epilator market.
The global epilator market is segmented based on basis of gender, type, technology, product feature, application, and end-user. Based on gender, it is further classified into male and female. Based on type, it is classified into tweezers, springs, and rotating discs. Based on technology it is classified into manual, electric, rechargeable, dry battery type, and pluginpower. Based on the product feature, it is further classified into the floating head, instrument depilation, single knife net, and double knife net. Based on the application, it is classified into facial and body. Based on the end-user, it is further classified into home use, beauty salon, and hospitals.
Geographically the global epilator market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.North America is anticipated to witness a significant share in the global epilatormarket due to the increasing lifestyle status of the population in the US, and the presence of a huge working population along with the need for advanced personal care products, backed by the increasing disposable income of individuals whereas;Asia-Pacific is expected to be the fastest-growing region in the global epilator market. The attributable factor is the increasing per capita income of the population, which makes an epilator affordable in the emerging economies of the region, which includes India and China.
Major market players operating in the epilator market includePhillips, Panasonic, Braun, Ya-man LTD., Spectrum Brands PVT LTD, and Emjoi, among others. These companies provide different types of epilators with tweezers according to consumers' needs. These companies adopt various strategies such as partnership & collaborations, finding a new market, or product innovations in their core competency to stay competitive in the market. For instance, in April 2020, Philips N.V. launched a series of wet & dry epilators named Epilator Series 8000 with features such as an extra wide head, light, and cordless, thus can be used in bath or shower.
Research Methodology
The market study of the global epilator market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report provides an in-depth analysis of the market sizeand the intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
Category-Electronic Devices