Hair Removal Epilators Market Report Overview
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The global hair removal epilators market size was USD 714.3 million in 2022 and is expected to reach USD 1753.46 million in 2031, exhibiting a CAGR of 10.5% during the forecast period.
Epilators are a terrific technique to swiftly and painlessly remove hair from your skin. They function by cutting the hair at the root with a revolving blade. This leaves your skin smooth and irritation-free and eliminates the need for shaving or waxing. There are various kinds on the market, each with its special characteristics. While some versions are more adaptable and may be used in bigger areas, others are suited for small spaces. Some can be used in the shower or bathtub since they are waterproof, while others need to be protected from the skin with a special cream. Regardless of the Hair Removal Epilator you choose, please read the directions thoroughly before using it to prevent any possible harm. Additionally, make sure to contact the customer service division of the manufacturer if you ever have any queries about utilizing a Hair Removal Epilator. They will be able to assist you in getting started and respond to any queries you may have.
Here are a few various sorts of hair removal epilators, each with its own advantages and disadvantages. The electric epilator is the most popular kind of epilator for hair removal. These epilators remove hair from the skin using an electrical current. They work well to eliminate even the shortest hairs and are comparatively painless. However, they can be pricey to buy and maintain, and if used improperly, they can be quite unpleasant. Consumers have given the Braun Series 7 electric epilator good ratings. It has a variety of speeds and a vibrating head that helps to lessen pain and irritation, among other qualities that make it perfect for hair removal.
COVID-19 Impact: Increase in the Cost and Restrictions on Supply Chain Hampered the Market Growth
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the hair removal epilators market growth and demand returning to pre-pandemic levels once the pandemic is over.
The global market has experienced unheard-of effects due to the Covid-19 outbreak. Before 2020, it was anticipated that the market would expand steadily, but the pandemic has thrown a wrench in the plans. Epilators for hair removal are getting harder to find and buy in the current market environment. Due to the pandemic, many suppliers and manufacturers of Hair Removal Epilators had to stop making the items, creating a shortage in the market. It's challenging for customers to identify products that meet their needs. Customers cannot consult experts because the bulk of beauty salons are closed. As a result, clients cannot select the appropriate product and learn how to use it, reducing the demand for Hair Removal Epilators. Due to the pandemic, epilators for hair removal have also become more expensive. The limitations on supply and manufacturing are forcing up costs for manufacturers. The price has risen; as a result, increasing its cost to consumers.
The quantity of disposable hair removal epilators on the market has also decreased due to the pandemic. Customers who don't want to spend money on pricey, long-term items can choose from handy and affordable disposable epilators. Access to these items has been challenging for customers due to the lack of disposable Hair Removal Epilators. The Covid-19 epidemic has severely impacted the market for Hair Removal Epilators. Disposable Hair Removal Epilators are in low supply, costs have escalated, and production has been stopped. Although it is difficult to say how long the pandemic will impact the industry, it is obvious that those effects will last for a while.
Latest Trends
"New Models with Features like Cordless Design, Multiple Speed Settings, and Adjustable Heads Boost the Market Expansion."
The market is seeing a rise in demand. This is a result of the market's recent influx of numerous revolutionary new hair removal epilator devices. Epilators for hair removal are becoming increasingly common since they make it simple and quick to eliminate unwanted hair. The most recent trend in this sector is the release of new epilator hair removal devices with cutting-edge features by manufacturers. The cordless design, various speed settings, and changeable heads are some of these innovative features. They also include a variety of attachments for various hair removal requirements.
Hair Removal Epilators Market Segmentation
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- By Type Analysis
The hair removal epilators market can be segmented according into cordless, cord, and hair removal epilators. Among these, Cordless is projected to experience rapid growth through 2028.
- By Application Analysis
The market can be divided based on application into facial hair and thick hair. Facial hair is expected to hold the most significant hair removal epilators market share in the upcoming years.
Driving Factors
"Offering the Wide Range of Products at Affordable Price To Propel the Market Expansion"
Manufacturers are now providing a wide choice of goods at reasonable rates, the most recent trend in the market for epilators for hair removal. Customers can now acquire epilators for hair removal more easily as a result. Additionally, producers are adding new features that make products easier to use, such as waterproof designs and rechargeable batteries. As a result, sales of epilators for hair removal have increased.
"Increasing Awareness of the Need for Hair Removal Fuels the Market Growth"
The growing awareness of the need for hair removal is another factor driving the market for hair removal epilators. This results from various hair removal methods, including waxing, threading, and laser hair removal becoming increasingly popular. Therefore, more people are looking for alternatives, such as epilators for hair removal. People are also seeking inexpensive, simple items to use and provide lasting results. In general, the market is experiencing increased demand. The development of cutting-edge products with unique features, the growing awareness of the need for hair removal, and the accessibility of reasonably priced products have contributed to this. The availability of various products from manufacturers at reasonable rates has also made it simpler for customers to buy epilators for hair removal. Hair Removal Epilators are thus growing in popularity, and market growth is predicted.
Restraining Factors
"High Cost of the Products Impede Market Growth"
Epilators for hair removal are getting more popular on the market and are frequently chosen by those who want to eliminate their unwanted hair. However, various restraints in the market prevent its expansion and impede its capacity to take hold of the industry. The price of these products is one of the biggest barriers to growth in the market. Compared to less expensive hair removals techniques like shaving or waxing, epilators are relatively pricey. Because of this, they are less desirable as a choice for those seeking a cost-effective solution. The availability of alternatives is another issue limiting the market for hair removal epilators. There are now many various ways to remove unwanted hair thanks to technological advancements. For instance, laser hair removal is a well-liked substitute for epilators and provides a more long-lasting solution. Because of this, it is a more desirable alternative to Hair Removal Epilators, which restrains the market's expansion in this area.
Lack of knowledge and comprehension is the third barrier to the market for hair removal epilators. Most people are unaware of the advantages of epilators for hair removal and the variety of solutions available. When evaluating these products for hair removal, consumers may be hampered by their ignorance. Finally, the discomfort involved with using these devices is another issue limiting the market for Hair Removal Epilators. Many people find epilating fairly painful, especially if it is their first time using the device. However, the degree of pain mostly depends on the person. This makes it a less appealing choice for some people and may discourage them from buying Hair Removal Epilators. In conclusion, the market restraints impede its expansion and prevent it from fully capturing the market. The expense, accessibility of alternatives, lack of awareness, and discomfort associated with utilizing Hair Removal Epilators prevent this market from expanding.
Hair Removal Epilators Market Regional Insights
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"North America to Dominate Market Due to Offering the Wide Range of Products at Affordable Prices"
Between 2022 and 2028, the hair removal epilators market will be dominated by North America. Factors driving the market growth in this region include offering a wide range of products at affordable price
Additionally, the market is anticipated to experience the fastest growth in European and Asian countries (India, China, Japan, and South East Asia). The development of new products with enhanced properties fuels market expansion.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Market Players Profiled
- Aboel Industrial Co. Ltd (China)
- Royal Metal Ind. Co. Ltd (India)
- Shenzhen Vidoly Technology Co.,Ltd (China)
- Ningbo Yangfar Industry Co.ltd (China)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 714.3 Million in 2022 |
Market Size Value By |
US$ 1753.46 Million by 2031 |
Growth Rate |
CAGR of 10.5% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the hair removal epilators market expected to touch by 2031?
The global hair removal epilators market is expected to touch USD 1753.46 million by 2031.
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What CAGR is the hair removal epilators market expected to exhibit during 2024-2031?
The hair removal epilators market is expected to exhibit a CAGR of 10.5% over 2024-2031.
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Which are the driving factors of the hair removal epilators market?
Offering a wide range of products at an affordable price and increasing awareness of the need for hair removal are driving factors in the hair removal epilators market.
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Which are the top companies operating in the hair removal epilators market?
Aboel Industrial Co. Ltd (China), Royal Metal Ind. Co. Ltd (India), Shenzhen Vidoly Technology Co., Ltd (China), and Ningbo Yangfar Industry Co. Ltd (China) are some of the top companies in the hair removal epilators market.