Market Insights Consumer Household Appliances Small Appliances

Hair Clippers - Eastern Asia

Eastern Asia

In 2024, the revenue in the Hair Clippers market in Eastern Asia amounts to US$3.65bn.
According to market projections, the segment is expected to grow annually by 3.19% (CAGR 2024-2029).
When comparing globally, it is worth noting that in China generates the highest revenue in the Hair Clippers market, with US$3,093m in 2024.
In terms of household income, the per household revenue in Eastern Asia is estimated to be US$6.35 in 2024.
This figure provides insight into the economic impact of the Hair Clippers market on households in the region.
Looking ahead to 2029, the volume in the Hair Clippers market is expected to reach 93.5m pieces units.
Additionally, there is a projected volume growth of 0.6% in 2025.
On average, each household in Eastern Asia is expected to have a volume of 0.16pieces units in the Hair Clippers market in 2024.
These numbers highlight the market's penetration within households and its potential for growth.
With the rising popularity of clean-shaven looks and intricate hairstyles in Eastern Asia, the demand for high-performance hair clippers in the region has surged.

Key regions: Canada, China, United States, Europe, Germany

Market

Region

Region comparison

Currency

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.