The new report on the Epilators Market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2014 – 2018. The study provides projections of the opportunities and shares, both vis-à-vis value (US$Mn/Bn) and volume volume (n units), of various segments in the Epilators Market during the forecast period of 2018 – 2027. The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of the Epilators Market.
Epilators Market- Regional Overview
Epilators are used in a large scale in developed regions such as North America and Europe. On the other hand consumers in developing regions such as Asia-Pacific and MEA still prefer traditional way of hair removal such as waxing or razor. Lack of awareness and unaffordability are two factors which can be limiting epilator’s growth in developing regions.
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Epilators Market- Key Players
Phillips, Panasonic, Braun, and Emjoi are the top four companies functioning in epilators market. These companies provide different types of epilators with number of tweezers according to consumer’s need.
Global Epilators Market: Snapshot
The epilators market has come a long way with respect to technology. From the manually operated epilators to the modern electrically operated ones to the more recent smart ones outfitted with sensors. For example, some products have built-in sensors which send out an alert when one is pressing it too hard against one’s skin. This helps to overcome one of the biggest drawbacks of the product – bruises and rashes caused by the razors.
The global epilator market these days is inundated with high-end hi-tech products that are being produced big names in the industry such as Panasonic, Braun, and Philips. With more and more women stepping out for work and the growth in the beauty industry, such epilators are seeing rising sales. Aggressive promotional and marketing strategies by companies is also serving to promote the epilators market. Apart from astute advertising and marketing strategies, they are also shifting their gaze to upcoming markets in developing regions in Asia Pacific and Latin America to grow sales. Changing lifestyles the region resulting in western dressing gaining traction is egging more and more women take a keen interest in personal grooming leading to uptake of epliators.
Epilator is an electric device that is used to remove hair. Epilator functioning is similar to waxing method, in which, a grab and pull method is applied. However, epilators do not take out cells from epidermis or epithelium like waxing. Epilators are easy to use and maintain and there is no need of regular replacement of its parts. Epilators come in various types such as wet use type, spring type, tweezer type and rotating disc type. This electric device is battery operated, rechargeable and has corded designs. Battery operated devices come in two types- dry and wet. The use of epilator can be painful, especially for the first time user and thus consumers prefer waxing from a professional person rather than using epilators to remove hair.
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The global Epilators Market report answers numerous pertinent questions, some of which are:
- What are some of the latent areas of investments in the Epilators Market?
- Which region is expected to emerge as showing the most attractive growth rate during the forecast period and which factors will be crucial to its growth?
- What trends are likely to change the status quo of the positions held by leading players of the Epilators Market in the not-so-distant future?
- Which product/service/technology segments holds game-changing potential to dramatically shape the competitive dynamic in the Epilators Market?
- What are the strategies adopted by top players to retain their stronghold in the Epilators Market?
- Which strategic moves will new entrants adopt to gain a strong foothold in the Epilators Market?
How can Fact.MR Make Difference?
- In-depth understanding of key industry trends shaping the present growth dynamics
- Offers value chain analysis and price trend analysis of various offering of competitors
- Offers data-drive decision to help companies decide strategies that need recalibration
- Offers insights into areas in research and development that should attract
- Identifies data outliers before your competitors
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