Market Insights Consumer Household Appliances Small Appliances

Hair Clippers - Albania

Albania

in Albania, a country in the Balkans, can also be a part of the global market for Hair Clippers market.
In 2024, the revenue in the Hair Clippers market is projected to reach US$5.66m.
This market is anticipated to grow at an annual rate of 4.22% from 2024 to 2029 (CAGR 2024-2029).
When compared to other countries, in China dominates the market, generating a revenue of US$3,093m in 2024.
In terms of per household revenues, the Hair Clippers market generates US$7.50 per household in 2024.
This indicates the potential for revenue generation on a household level.
Looking ahead to 2029, the volume in the Hair Clippers market is expected to reach 104.6k pieces units.
However, in 2025, a slight decline of -0.1% is projected in volume growth.
On average, each household in the Hair Clippers market is expected to have a volume of 0.14pieces units in 2024.
This highlights the potential demand for hair clippers at the household level in Albania.
Albanian consumers are increasingly embracing hair clippers as a cost-effective and convenient solution for maintaining their hairstyles at home.

Key regions: Japan, Canada, Europe, United States, Worldwide

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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Survey data is reweighted for representativeness.