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.
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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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