India Electric Hair Brush Market Size to Expand at Significant CAGR of 8.26% During 2023–2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects the India electric hair brush market to grow at a CAGR of 8.26% during the forecast period between 2023 and 2029.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects the India electric hair brush market to grow at a CAGR of 8.26% during the forecast period between 2023 and 2029. Major growth drivers for the India electric hair brush market include the rising beauty and personal grooming consciousness, technological advancements, and lifestyle changes. It also addresses challenges like competition, consumer preferences, and economic influences. The increasing focus on personal grooming and beauty consciousness among consumers is driving the demand for convenient and effective hair styling solutions, including electric hair brushes. Notably, technological advancements in hair care products have led to the development of electric hair brushes with innovative features such as adjustable heat settings, ionization, and anti-frizz properties, enhancing their appeal to consumers. Also, changing lifestyles, urbanization, and the influence of social media contribute to the growing adoption of electric hair brushes as a convenient tool for achieving desired hairstyles. These factors collectively contribute to the market's growth and expanding consumer base. However, high cost and lack of awareness are anticipated to restrain the overall market growth during the forecast period.
India Electric Hair Brush Market – Overview
India electric hair brush market refers to the specific industry landscape within India that encompasses the production, distribution, and consumption of electric hair brushes. These hair care devices utilize electrical power to provide various styling and grooming functionalities, such as straightening, curling, and detangling hair. The market includes a range of products designed to cater to different hair types and styling preferences. Factors impacting the market include consumer trends, technological advancements, competitive landscape, pricing strategies, and regulatory considerations specific to the Indian context. The term encapsulates the dynamic interactions between manufacturers, retailers, consumers, and other stakeholders involved in the production and utilization of electric hair brushes in the Indian market.
Impact of COVID-19 on India Electric Hair Brush Market
COVID-19 pandemic had a mixed impact on the India electric hair brush market. Lockdowns, reduced consumer spending, and salon closures initially led to decreased demand. However, as people sought home grooming solutions, the market witnessed a shift towards personal care devices, including electric hair brushes. E-commerce platforms played a pivotal role in driving sales during movement restrictions. Consumer behavior changes also led to increased adoption of online beauty tutorials, influencing product preferences. As restrictions eased, the market rebounded with a focus on convenience, hygiene, and DIY grooming trends, underscoring the pandemic's transformational effect on the India electric hair brush market.
India Electric Hair Brush Market – By Product Type
By product type, the India electric hair brush market is divided into Paddle Brushes, Round Brushes, and Detangling Brushes segments. The round brushes segment holds the highest market share by product type due to their versatile design and diverse styling capabilities. Their circular shape allows for effective volumizing, curling, and smoothing of various hair types. These brushes are particularly popular for achieving salon-like blowouts at home. Additionally, they cater to a wide range of hair lengths and textures. As consumers increasingly seek efficient and convenient styling solutions, round brushes offer a comprehensive tool for different hairstyles. This adaptability, combined with the trend of DIY grooming, positions round brushes as a favored choice, driving their dominant presence in the India electric hair brush market.
Major players operating in the India electric hair brush market include Philips, Vega, Syska, Havells, IKonic, Braun, Panasonic, Remington, BaByliss, and Conair. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
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