Personal Care Appliance Market to Reach $27B by 2031, Driven by Grooming Trends and Innovations from Leading Brands
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The global personal care appliances market is projected to reach $27.2 billion by 2031, growing at a CAGR of 5.7% from 2023-2031. The market was valued at $16.7 billion in 2022.
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Rising consumer awareness about personal grooming and hygiene is driving demand. Social media influences like beauty bloggers impact grooming trends.
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Europe is expected to hold the largest market share from 2023-2031 due to major vendors and increased focus on personal care.
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Key players like Philips and Procter & Gamble invest in R&D of new products to expand portfolios. Advancements enhance functionality and efficiency.
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Shaving and hair removal appliances dominated the market in 2022. The female segment accounts for high revenue by end-user.