Epilators Sector: Growth Drivers and Challenges
Growth Drivers
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Growing Need for Portable Handheld Hair Removal Devices
Technological advancements across several consumer appliances in the personal care segment has also helped in the advancement of epilators, which are now available in both corded and cordless forms. Epilators are a great device for hair removal as it removes hair from the roots, without leaving behind scar and hair follicles on the skin. As such, these devices provide smoothness to the skin as it removes hair from the roots. Moreover, these devices are also available at an affordable price range in the epilators market. Backed by the increasing household disposable income of individuals around the globe and the increasing purchasing power, the demand for such personal care devices are increasing amongst the individuals, which is anticipated to drive the growth of the market.
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Increasing Working Population
One of the major users of epilators are the working population, who face difficulties in their day-to-day life, to spend time on personal hygiene. Utilizing an epilator is very less time consuming, which makes it a perfect device for the working population for daily use. Moreover, using an epilator is very easy and takes less effort. As a result, numerous working individuals are increasingly adopting epilators for their personal hygiene care, which is anticipated to drive the growth of the epilators market over the coming years.
Challenges
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Painful Hair Removal Experiences to Hamper the Growth of the Market
Severe concerns observed with the use of epilators, where users experience skin bumps and redness, followed by swelling of the skin. Additionally, several users have also faced skin sensitivity issues upon the use of epilators. Such factors are anticipated to hamper the growth of the market.
Epilators Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
5.6% |
|
Base Year Market Size (2024) |
USD 447.71 million |
|
Forecast Year Market Size (2037) |
USD 909.13 million |
|
Regional Scope |
|