Monday, 28 March 2016

Hairbrush Market Share, Size, Growth, Analysis, Trends & Forecast to 2016 -2022: Hexa Reports

The UK hairbrush market is expected to reach USD 679.2 million by 2022, according to a new study by Grand View Research, Inc.

The hairbrush market is projected to be driven by the increase in population combined with rise in disposable income. The rise in disposable income has allowed people to spend on hair care and hairbrushes, more so than before. The consumer confidence and per capita disposable income will keep on rising as the unemployment rate continues to decline, offering consumers more discretionary income for hair care and hairbrushes.

The hairbrush market is also expected to be driven by the increase in the number of salons. Rise in the number of working women along with continuing interest in personal appearance is expected to increase the demand for salons. Growing demand for anti-aging treatments along with increasing spending on lifestyle needs are some of the factors furthering this trend. Increasing awareness of grooming among men combined with availability of globally trusted product brands are a few other factors leading to the increase in the number of salons.

Further key findings from the study suggest:
Hairbrushes are available in various designs serving different functions such as cushion, paddle, round, vented, and wet. They are primarily used by individuals and professionals for hair styling. Professional hair brush has high growth but has low penetration. Improvement in macroeconomic condition will lead to increase in number of salons and may also drive salon revenue, which is expected to drive professional brushes demand.

Regional demographic trends are expected to majorly impact the overall revenue growth. The number of households in china has increased from 160 million in 2002 to 260 million in 2012, and around 70% of these households represent the middle class population. The number of UK manufacturers expanding and entering the Chinese market is growing leading to the rapid economic growth and urbanization. Due to the presence of wide number of products available from other countries is contributing to the increase in the spending power of the population in the country.

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Table Of Content

Chapter 1. Methodology and Scope 
1.1. Research methodology 
1.2. Research scope & assumption 
1.3. List of data sources

Chapter 2. Executive Summary
2.1. Hairbrush - Industry snapshot and key buying criteria, 2012 - 2022

Chapter 3. Hairbrush Industry Outlook
3.1. Market segmentation
3.2. Market size and growth prospects
3.3. Hairbrush value chain analysis
3.4. Hairbrush Market Dynamics
3.5. Key opportunities prioritized

Chapter 4. Hairbrush Application Outlook
4.1. Personal
4.2. Professional 

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