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Allied Market Research

Beauty Tools Market Type (Hair care, Razors, Trimmers, Brushes & Combs, Manicure & Pedicure , Sponges & Puffs, Others) End-use (Household, Commercial) Distribution channel (Store-Based, Non-Store-Based(Online/E-Commerce)) : Global Opportunity Analysis and Industry Forecast, 2020-2027

A10624
Pages: NA
Jun 2021 | 103 Views
 
Author(s) : NA
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Charts: NA
 

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The emergence of beauty and makeup tutorials, high influence of social media and brand endorsements, and rise in adoption of online/e-commerce platforms are majorly driving the growth of the beauty tools market. Furthermore, growing trend of on-demand beauty services has been significantly boosting to the sales of various beauty tools including shavers, brushes & combs, and hairstyling instruments.  The advent of different varieties of make-up suitable for each skin type facilitates its business. The celebrity endorsements and social media marketing are expected to promote the growth of the personal and beauty care products market, which in turn surge the demand for beauty tools products. Furthermore, rise in the disposable income and growing standard of living are significantly fueling the demand beauty tools. Although, lack of skills to handle and use the beauty tools, especially home individuals are expected to hamper the growth of beauty tools market.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value ($US)

  Segments covered

  Type, End-use ,Distribution channel and Region

  Regions covered

North America (U.S. ,Canada and Mexico), Europe (Germany, UK, France, Russia, Italy, Spain and the Rest of Europe), Asia-Pacific (China, India, Japan, , Australia, South Korea, and the Rest of Asia-Pacific), LAMEA (Latin America, Middle East, and Africa)

  Companies covered

Procter & Gamble Company (U.S.), Estée Lauder Companies Inc. (U.S.), L’Oréal SA (France), Shiseido Co. Ltd. (Japan), Coty, Inc. (UK), e.l.f. Cosmetics, Inc. (U.S.), Avon Products, Inc. (UK), Paris Presents Incorporated (U.S.), Moët Hennessy - Louis Vuitton (LVMH) (UK), and Edgewell Personal Care (U.S.).

 

Covid-19 Scenario Analysis:

  • Due to the outbreak, people are confined to their homes and there is no occurrence of any special events, which are the grand occasions of applying make-up so it has caused decline in the economy of beauty tools market due to less demand.
  • The beauty tools market is undergoing a major shift as people are switching to organic and natural homemade products for the skin glow as they are avoiding to use beauty tools owing lack of skills and fear of getting injured using tools.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Technological improvement and easy availability of beauty tools, especially on online platforms has been majorly attributing to surge in demand for beauty tools during the forecast period. Furthermore, the use of catchy words in the endorsements and offers and discounts on special occasions are attracting customers, which is expected to surge the growth of the product market.

The people who are conscious about their outer appearance are the major target markets for this product. They provide a touch-up and make the skin look more elegant. The hair accessories like straighteners and curling machines are giving new styles to the hair with an added advantage of hot air brush so as to retain the shape of hair for a longer duration.

New product launches to flourish the market

Many companies are launching their brand with innovative products and solutions for commonly known problems. Furthermore, these companies are expanding their business through mergers and acquisitions and joint ventures as well. They are designing certain new products which can provide a large customer base and generate revenue. For instance-The launch of GoReal mini Handy Massager is a lifelong rechargeable electric massager for face and eyes, which can improve blood circulation and provide a rich glow to the skin. People majorly prefer one product with multiple benefits owing to cost effectiveness.

Key Segments covered:

Segments

Sub-segments

  Type

  Hair care (Hair Dryers, Curling Irons, straighteners & Flat Irons, Others

  Razors

  Trimmers

  Brushes & Combs

  Manicure & Pedicure Tools ( Nail Cutter, Cuticle,   Pusher & Nipper, Nail File, Others

  Tweezers

  Sponges & Puffs

  Others

 

  End-use

  Household

  Commercial

  Distribution channel

  Store-Based

  Non-Store-Based(Online/E-Commerce)

 

  Region

  North America

  Europe

  Asia-Pacific

  Rest of the World(ROW)

 

Key Benefits of the Report:

  • This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global beauty tools market from 2020 to 2027 to identify the prevailing market opportunities.
  • The key countries in four major regions are mapped depending their market share.
  • Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global industry. 
  • Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of market players.
  • The report includes the analysis of the regional as well as global market, key players, market segments, application areas, and growth strategies. 

Questions Answered in the Beauty Tools Market Research Report:

  • What are the leading market players active in the beauty tools market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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