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Hairbrush Market to Reach $6.4 Billion, Globally, by 2033 at 4.8% CAGR: Allied Market Research

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Allied Market Research

Apr 01, 2024, 05:07 ET

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The global hairbrush market has witnessed significant growth due to factors such as surge in disposable income, change in fashion trends, and rise in consumer awareness of hair care.

WILMINGTON, Del., April 1, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Hairbrush Market by Type (Round Brush, Vent Brush, Cushion Brush, Paddle Brush, Detangling Brush, and Others), Application (Personal and Professional), and End User (Men, Women, and Children): Global Opportunity Analysis and Industry Forecast, 2024-2033". According to the report, The global hairbrush market size was valued at $4.0 billion in 2023, and is projected to reach $6.4 billion by 2033, growing at a CAGR of 4.8% from 2024 to 2033.

Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/3122 

The growing salon and beauty parlors industry in emerging nations like India and China is expected to fuel the market growth in the foreseeable future. The global hairbrush market has witnessed significant growth due to factors such as surge in disposable income, change in fashion trends, and rise in consumer awareness of hair care. The availability of a wide variety of products that suit different hair types, textures, and styling preferences is fostering the hairbrush market growth further. Among the widely used varieties on the market are traditional brushes, paddle brushes, round brushes, and specialized brushes for detangling or style.

Report coverage & details:

Report Coverage

Details

Forecast Period

2024–2033

Base Year

2023

Market Size In 2022

$4.0 Billion

Market Size In 2032

$6.4 Billion

CAGR

4.8 %

No. Of Pages In Report

251

Segments Covered

Type, Application, End User, And Region

Regional Scope

North America, Europe, Asia Pacific, And LAMEA

Country Scope

U.S., Canada; Germany; UK; France; Italy; Spain; China; Japan; India; South Korea; Australia; Brazil; Mexico; Saudi Arabia; UAE; South Africa

Drivers

Technological Advancements


Rising Number Of Solon And Beauty Parlors In Emerging Nations


Rising Consumer Expenditure On Haircare

Opportunity

Growth In The Popularity Of Smart Hairbrush

Restraint

Low Product Penetration In Rural Areas

Procure Complete Report (251 Pages PDF with Insights, Charts, Tables, and Figures): https://bit.ly/3PLdaR4 

The detangling brush segment to retain its dominance by 2033-

By type, the detangling brush segment accounted for the highest share in 2023, garnering more than one-fourth of the global hairbrush market revenue. This is attributed to the various advantages offered by the detangling brushes such as gentleness, efficiency, and versatility. The growing awareness regarding gentle hair care practices and minimizing hair damage.  On the other hand, the cushion brush segment would cite the fastest CAGR by 2033. Growing adoption of cushion brush for cleaning the scalp and stimulating hair growth is fueling the growth of the segment.

The personal segment to rule the roost-

By application, the personal segment held the major share in 2023, generating more than two-thirds of the global hairbrush market revenue. Increase in awareness regarding the benefits of hairbrushes, especially among the youth, has led to the dominance of this segment in the global market. Moreover, the growth in the penetration of social media and its increased adoption among consumers has significantly propelled the growth of the personal segment. On the other hand, the professional segment would portray the fastest CAGR of 5.5% from 2024 to 2033. This is majorly attributed to the growing number of beauty salons across the developed and developing nations.

The women segment to dominate by 2033–

By end user, the women segment accounted for two-fifths of the global hairbrush market revenue in 2023 and is projected to rule the market by 2033. The higher expenditure by the women population on beauty and hair care products and services is the major factor that has led to the dominance of the women segment in the hairbrush market. The men segment, on the other hand, would portray the fastest CAGR of 5.2% from 2024 to 2033. This is attributed to the growing expenditure of men in haircare products, especially in the developing nations across the globe.

Europe garnered the major share in 2023 –

By region, Europe generated more than one-third of the global hairbrush market revenue in 2023 and is expected to dominate by 2033. The increased consumer awareness regarding hair care and the availability of a wider range of innovative hairbrushes in the market have significantly propelled the demand for hairbrushes among European consumers. Asia-Pacific, however, would showcase the fastest CAGR of 5.6% from 2024 to 2033. The surge in demand for hair care products, including a range of hairbrushes, is a result of the rise in emphasis on personal grooming, which is driven by factors including urbanization, the rise of the middle class, and evolving beauty standards.

Want to Access the Statistical Data and Graphs, Key Players' Strategies: https://www.alliedmarketresearch.com/purchase-enquiry/3122 

Key players in the industry-

  • MaBristle Hair Brush
  • Denman
  • Meson Pearson Conair LLC.
  • G.B. Kent & Sons
  • L'Oreal Paris
  • Spornette
  • Crave Naturals
  • Dyson Limited
  • Revlon, Inc.
  • Spectrum Brands, Inc.

The report analyzes these key players in the global hairbrush market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report helps determine the business performance, operating segments, developments, and product portfolios of every market player.

Similar Reports We Have on Consumer Goods Industry:

  • Haircare Products Market Opportunity Analysis and Industry Forecast, 2022-2032
  • Black Haircare Market Opportunity Analysis and Industry Forecast, 2023-2032
  • Men's Hair Care and Styling Products Market Opportunity Analysis and Industry Forecast, 2021-2030
  • Diffused Air Hair Dryers Market Opportunity Analysis and Industry Forecast, 2023-2032
  • Consumer Use Light Hair Removal Device and Equipment Market Opportunity Analysis and Industry Forecast, 2024-2033

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
[email protected]
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com 
Follow Us on | Facebook | LinkedIn | YouTube |

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SOURCE Allied Market Research

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