“Smart
Hairbrush Market: Global Demand Analysis & Opportunity Outlook 2024”
The global smart hairbrush market
is segmented into distribution channel type such as offline stores and online
stores. Rising consumer’s preferences for online shopping coupled with
availability of smart hairbrush in an online distribution channels is anticipated
to fuel the growth of online segments during the forecast period. Further,
offline distribution channel is also expected to witness considerable growth
during the forecast period owing to availability of smart hairbrush at L’Oreal’s
salons and other distribution channels.
Global smart hairbrush market
is expected to register a remarkable CAGR over the forecast period. Moreover,
the global smart hairbrush market is expected to reach at notable revenue by
the end of 2024. Increasing consumer’s inclination towards smart technologies,
rising expenditure on personal care and rising concern amongst the people
regarding fitness and wellness are some of the major reasons which are
predicted to boost the growth of global smart hairbrush market.
European smart hairbrush market is
anticipated to grow at massive pace during the forecast period owing to a
number of factors such as high spending on personal care and rising adoption of
new and innovating technology in Europe region.
Rinsing prevalence
of hair disorders
Hair related problems are
increasing due to various reasons such as increasing pollution across the globe and unhealthy
lifestyle of the population. Further, growing awareness towards hair care and increasing
spending on personal care are key factors which are likely to lead consumers to
adopt smart hairbrush in order to prevent hair disorders such as hair falls and
hair loss in near future.
Technological
evolution
Rapid advancements and
innovation in smart technologies and rising demand for innovative and effective
technologies are likely to allow smart hairbrush market to flourish in near
future. Additionally, capabilities of smart hairbrush such as hair health
analysis and enhance brushing experience are expected to make smart hairbrush
more acceptable amongst the consumers. Further, hair health analysis includes a
number of tasks such as hair dryness analysis, hair damage analysis, hair
breakage and tangling analysis.
However, high cost of smart
hairbrush is a major concern which is expected to hinder the growth of smart
hairbrush market over the forecast period.
The
report titled “Smart
Hairbrush Market: Global Demand Analysis & Opportunity Outlook 2024” delivers detailed overview of
the global smart hairbrush market in terms of market segmentation by distribution
channel and by region.
Further,
for the in-depth analysis, the report encompasses the industry growth drivers,
restraints, supply and demand risk, market attractiveness, BPS analysis and
Porter’s five force model.
This report also provides the
existing competitive scenario of some of the key players of the global smart
hairbrush market which includes company profiling of L'Oréal Group. (The smart hairbrush is a product of three-way
collaboration between Kérastase, Withings and L’Oréal’s Research and Innovation
Technology Incubator). Further, key potential companies which may enter into
manufacturing of smart hair brush are Unilever, Procter & Gamble Co., Estee
Lauder Companies Inc., Johnson & Johnson Pvt. Ltd., Avon Products Inc., SHISEIDO Company Ltd. and Kao Corp. The
profiling enfolds key information of the companies which encompasses business
overview, products and services, key financials and recent news and
developments. On the whole, the report depicts detailed overview of the global smart
hairbrush market that will help industry consultants, equipment manufacturers,
existing players searching for expansion opportunities, new players searching
possibilities and other stakeholders to align their market centric strategies
according to the ongoing and expected trends in the future.
About Research
Nester
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
conglomerates and executives to take wise decisions for their future marketing
strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision so as to avoid future uncertainties.
Read More Information: https://www.researchnester.com/articles/global-smart-hairbrush-market-is-anticipated-to-experience-a-remarkable-growth-during-the-forecast-period-ie-2017-2024-research-nester/223
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