06-Aug-2021 | Zion Market Research
Major companies in virtual reality market are Panasonic Corporation, Helen of Troy L.P, Royal Philips Electronics NV, Lion Corp and Colgate-Palmolive Company amongst others. These players are set to bolster the development of global personal care appliances market.
According to analysts at Zion Market Research, the global Personal Care Appliances Market accounted for USD 19.49 Billion in 2020 and is expected to reach USD 29.25 Billion by 2028, growing at a CAGR of 5.41% from 2021 to 2028.
This review is based on a report by Zion Market Research, titled “Personal Care Appliances Market by Product (Hair styling products, Hair removal and grooming products, Beauty appliances, Oral care and Others), by End user (Men and Women) and by Distribution Channel (E-Commerce websites, Supermarkets, Specialty stores and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.”
Increasing consciousness towards personal care and grooming to Spur Growth
“Gaining consciousness of the benefits of personal care appliances over emerging economies and increasing urbanization are driving the personal care appliances market,” says the author of this study. Apart from this, increasing e-commerce sector is expected to contribute significantly to the growth of personal care appliances market. Durability and high cost of few products restraints the personal care appliances market growth.
Foreign and domestic companies are competing with each other in the personal care appliances market. They are making serious efforts to penetrate the market through innovation and product development, coupled with competitive marketing strategies. For instance, manufacturers are experimenting with AI and virtual reality (VR) to overcome the limitations of traditional razors, reports the study.
Global-Virtual-Reality-Market
With the presence of a large pool of participants, the global personal care appliances market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR). Panasonic Corporation, Helen of Troy L.P, Royal Philips Electronics NV are some of the key vendors of personal care appliances across the world. These players across personal care appliances market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the personal care appliances market study.
For instance, manufacturers are experimenting with AI and virtual reality (VR) to overcome the limitations of traditional razors.
Presence of Big Players in the Region Support North American Dominance
Regionally, North America has been leading the worldwide personal care appliances market and is anticipated to continue on the dominant position in the years to come, states the personal care appliances market study. The presence of big players in the countries the US is one of the key factors behind the dominance of the North America personal care appliances market. The high number of market players being headquartered in North America is another significant factor that is supporting this regional personal care appliances market.
Browse the full “Personal Care Appliances Market by Product (Hair Styling Products, Hair Removal and Grooming Products, Beauty Appliances, Oral Care, And Others), by End User (Men and Women) and by Distribution Channel (E-commerce Websites, Supermarkets, Specialty Stores, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/personal-care-appliances-market
The global Personal Care Appliances market is segmented as follows:
By Product
By End User
By Delivery Channel
By Region
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed