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Beard Trimmer Market By Product Type, By End User, By Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2021-2031

Beard Trimmer Market By Product Type, By End User, By Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2021-2031

  • July 2022
  • 267 pages
  • ID: 6352284
  • Format: PDF
  • Allied Market Research

Summary

Table of Contents

Beard Trimmer Market By Product Type (Corded, Cordless), By End User (Personal, Commercial), By Distribution Channel (Hypermarket and Supermarket, Specialty Store, Online Store, Other Stores): Global Opportunity Analysis and Industry Forecast, 2021-2031

The beard trimmer Market size was valued at $5,669.6 million in 2021, and is estimated to reach $12,990.6 million by 2031, registering a CAGR of 8.8% from 2022 to 2031.  Increase in number of fashion-conscious consumers, rise in number of salons, and growth in demand for portable beard grooming products are expected to supplement growth of the beard trimmer market during the forecast period. Growth in number of hair salon chains, expansion of metro cities, rise in urban population, and rise in trend of keeping beard as fashion symbol are expected to support growth of the market. Advancements in beard trimmers and frequent launches of products in emerging economies including China and India further propel growth of the market during the forecast period. For instance, in July 2022, Syska company launched HT350 Pro trimmer in India. 
The beard trimmer market is segmented on the basis of product type, end user, distribution channel, and region. By product type, the market is segregated into corded and cordless. On the basis of end user, it is categorized into personal and commercial. By distribution channel, it is segregated into hypermarkets & supermarkets, specialty stores, online stores, and other stores. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Australia, New Zealand, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa, the UAE, and rest of LAMEA).
Region wise, Asia-Pacific has gained considerable share in the market in 2021, and is expected to grow at the highest CAGR. This is majorly attributed to rise in per capita income, surge in expenditure on personal grooming products, especially in the men segment, and frequent product launches by global operating companies in emerging economies including China and India. Furthermore, increase in penetration of various online portals in developing economies has led to growth of the Asia-Pacific beard trimmer market through the online store segment.
Major players operating in the market include Andis Company, Braun, Brio Product Group, Conair Corporation, Procter & Gamble, Panasonic Corporation, Koninklijke Philips N.V., Spectrum Brands, Syska, and Wahl Clipper Corporation.

Key Benefits For Stakeholders
-This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the beard trimmer market analysis from 2021 to 2031 to identify the prevailing beard trimmer market opportunities.
-The market research is offered along with information related to key drivers, restraints, and opportunities.
-Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
-In-depth analysis of the beard trimmer market segmentation assists to determine the prevailing market opportunities.
-Major countries in each region are mapped according to their revenue contribution to the global market.
-Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
-The report includes the analysis of the regional as well as global beard trimmer market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Product Type
- Corded
- Cordless

By End User
- Personal
- Commercial

By Distribution Channel
- Hypermarket and Supermarket
- Specialty Store
- Online Store
- Other Stores

By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Australia
- New Zealand
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- Saudi Arabia
- South Africa
- UAE
- Rest of LAMEA
- Key Market Players
- Koninklijke Philips N.V.
- Panasonic Corporation
- Wahl Clipper Corporation
- Spectrum Brands, Inc.
- Procter & Gamble
- Andis Company, Inc.
- Conair Corporation
- Brio Product Group
- Syska
- Havells India Ltd.

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