seobhushan (34)

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Personal Care Appliances Market is projected to
reach CAGR 5.5 by 2027
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Key Insights from Personal Care Appliances Market

• The global personal care appliances market is set
  to expand prolifically over the span of
  2021-2027, amidst the ongoing trend of
  beautification and Gen-Zs inclining interest
  towards personal care. Increasing spending on
  beauty and personal care products by the female
  population are also expected to proliferate the
  demand for personal care appliances globally.
  According to a SkinStore survey, it was revealed
  that an American woman is likely to spend nearly
  300,000 on face products alone in her lifetime.
• A recent report suggests that personal care
  appliances market would surpass a valuation of
  30 billion by 2027 end. Although the coronavirus
  outbreak and subsequent lockdown norms have
  generated sluggish market growth, a subtle
  increase in online sales of these appliances
  would complement the business expansion from 2021
  to 2027. Attesting to this, a survey by UNCTAD
  and other associations presented facts that
  online purchases of personal care products surged
  to 10 from 2 in 2020.

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Regional Insights in Personal Care Appliances
Market

• The personal care appliances market in Europe is
  projected to display commendable growth over the
  coming years. Thanks to the thriving beauty and
  cosmetics space and the presence of established
  market players. Besides, regulations and
  legislations like European Unions Ecodesign
  Directive are as well compelling market players
  in the region to develop power-consuming
  products, adding to the rise in adoption of
  battery-powered personal care appliances.
• This apart, the Asia Pacific, Latin America, and
  MEA are as well poised to generate lucrative
  gains across the personal care appliances market,
  mainly driven by the expanding urbanization and
  adoption of low pricing strategy, in conjugation
  with increasing disposal incomes.

4

Latest Research Report On Personal Care
Appliances Market _at_ https//www.gminsights.com/ind
ustry-analysis/personal-care-appliances-market
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159
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Major Companies in Personal Care Appliances
Market

• Panasonic Corporation
• Conair Corporation
• Havells India Limited
• Procter Gamble Company
• Colgate Palmolive Company

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Industry Coverage

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