Analysis - By Product Type (Round Brush and Flat Brush), Category (Men, Women, and Unisex), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
No. of Pages:68
Report Code:
BMIRE00029791
Category:
Consumer Goods
South & Central America Electric Hair Brush Market
The South & Central America electric hair brush market is expected to grow from US$ 34.79 million in 2022 to US$ 46.93 million by 2030. It is estimated to grow at a CAGR of 3.8% from 2022 to 2030.
Celebrity Endorsements and Social Media Campaigns
Nowadays, marketing has moved beyond commercial advertising. Recently, social media platforms have been on the rise as the top way to promote businesses. YouTube videos and celebrity promotions on social media platforms such as Instagram and Twitter have significantly increased the demand for hair care appliances such as electric hair brushes across the globe. Moreover, there is an emerging trend of promoting hair care appliances on social media platforms. These platforms also have integrated shopping facilities, allowing influencers and hairstylists to market electric hair brushes online. An increased number of campaigns on fashion style in social media forums, including YouTube, Facebook, and Pinterest, has played a vital role in promoting awareness regarding improving various aspects of grooming. This trend is inevitable in all age groups, particularly college students and young working-class professionals. Thus, social media and celebrity influence are further expected to create a new trend in the electric hair brush market.
South & Central America Electric Hair Brush Market Overview
The South & Central America electric hair brush market is segmented into Brazil, Argentina, and the Rest of South & Central America. The increasing adoption of hair styling products among working women in Brazil and Argentina has surged the adoption of electric hair brushes. In addition, the rising awareness regarding new hairstyles, such as curls or straightened hair, among millennials has further propelled the market growth.
Further, the rising number of supermarkets and hypermarkets and business expansion by key players in the region are significantly contributing to the overall growth of the market in the region. Attractive discount offers and schemes by retail chains, coupled with the availability of various brands, have increased the consumer preference to shop from retail outlets, thereby surging the market growth. Moreover, the population in the region is opting for styling hair at home rather than visiting the salon.
South & Central America Electric Hair Brush Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Electric Hair Brush Market Segmentation
The South & Central America electric hair brush market is segmented into product type, category, distribution channel, and country.
Based on product type, the South & Central America electric hair brush market is bifurcated into round brush and flat brush. The flat brush segment held a larger share of the South & Central America electric hair brush market in 2022.
Based on category, the South & Central America electric hair brush market is segmented into men, women, and unisex. The women segment held the largest share of the South & Central America electric hair brush market in 2022.
Based on distribution channel, the South & Central America electric hair brush market is segmented into the supermarkets and hypermarkets, specialty stores, online retail, and others. The supermarkets and hypermarkets segment held the largest share of the South & Central America electric hair brush market in 2022.
Based on country, the South & Central America electric hair brush market is segmented into Brazil, Argentina, and the Rest of South and Central America. The Rest of South & Central America dominated the South & Central America electric hair brush market in 2022
Koninklijke Philips NV, Revlon Inc, Vega Industries Pvt Ltd, Conair LLC, L'ange Hair Inc, and Apalus Inc are some of the leading companies operating in the South & Central America electric hair brush market.
South & Central America Electric Hair Brush Market Strategic Insights
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South & Central America Electric Hair Brush Market Segmentation Analysis
South & Central America Electric Hair Brush Market Report Highlights
South & Central America Electric Hair Brush Report Scope
Report Attribute
Details
Market size in 2022
US$ 34.79 Million
Market Size by 2030
US$ 46.93 Million
CAGR (2022 - 2030)
3.8%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Product Type
Round Brush
Flat Brush
By Category
Men
Women
Unisex
By Distribution Channel
Supermarkets and Hypermarkets
Specialty Stores
Online Retail
Regions and Countries Covered
South and Central America
Brazil
Argentina
Rest of South and Central America
Market leaders and key company profiles
Koninklijke Philips NV
Revlon Inc
Vega Industries Pvt Ltd
Conair LLC
L'ange Hair Inc
Apalus Inc
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South & Central America Electric Hair Brush Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - South & Central America Electric Hair Brush Market
1. Koninklijke Philips NV
2. Revlon Inc
3. Vega Industries Pvt Ltd
4. Conair LLC
5. L'ange Hair Inc
6. Apalus Inc
Frequently Asked Questions
How big is the South & Central America Electric Hair Brush Market?
The South & Central America Electric Hair Brush Market is valued at US$ 34.79 Million in 2022, it is projected to reach US$ 46.93 Million by 2030.
What is the CAGR for South & Central America Electric Hair Brush Market by (2022 - 2030)?
As per our report South & Central America Electric Hair Brush Market, the market size is valued at US$ 34.79 Million in 2022, projecting it to reach US$ 46.93 Million by 2030. This translates to a CAGR of approximately 3.8% during the forecast period.
What segments are covered in this report?
The South & Central America Electric Hair Brush Market report typically cover these key segments-
Product Type (Round Brush, Flat Brush)
Category (Men, Women, Unisex)
Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail)
What is the historic period, base year, and forecast period taken for South & Central America Electric Hair Brush Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South & Central America Electric Hair Brush Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2030
Who are the major players in South & Central America Electric Hair Brush Market?
The South & Central America Electric Hair Brush Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Koninklijke Philips NV
Revlon Inc
Vega Industries Pvt Ltd
Conair LLC
L'ange Hair Inc
Apalus Inc
Who should buy this report?
The South & Central America Electric Hair Brush Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the South & Central America Electric Hair Brush Market value chain can benefit from the information contained in a comprehensive market report.