Market Insights Consumer Household Appliances Small Appliances

Hair Clippers - Brunei Darussalam

Brunei Darussalam

The revenue generated in the Hair Clippers market in 2024 is estimated to be US$0.99m.
It is projected that the market will experience an annual growth rate of 3.92% from 2024 to 2029 (CAGR 2024-2029).
When compared globally, in China leads the market with a revenue of US$3,093m in 2024.
In terms of per household revenue, it is anticipated that US$11.78 will be generated in 2024.
Looking ahead to 2029, the volume of the Hair Clippers market is expected to reach 24.1k pieces units.
Additionally, there will be a slight volume growth of 0.9% units in 2025.
The average volume per household in the Hair Clippers market is projected to be 0.27pieces units in 2024.
It is worth noting that these figures specifically pertain to the market segment of Hair Clippers market in Brunei Darussalam.
In Brunei Darussalam, the market for hair clippers is thriving as the population embraces self-grooming and seeks convenience.

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.