Market Insights Consumer Household Appliances Small Appliances

Hair Clippers - Estonia

Estonia

The Hair Clippers market in Estonia is projected to generate a revenue of US$2.22m in 2024.
It is estimated that the market will experience an annual growth rate of 4.45% (CAGR 2024-2029).
When compared globally, in China leads the market with a revenue of US$3,093m in 2024.
Taking into account the total number of households, each household is expected to generate a revenue of US$3.55 in 2024.
Looking ahead, the volume of the Hair Clippers market is forecasted to reach 42.1k pieces units by 2029.
In 2025, the segment is projected to have a volume growth of 0.6%.
On average, each household in the Hair Clippers market is expected to have a volume of 0.07pieces units in 2024.
Estonia's hair clipper market is witnessing a surge in demand for cordless models due to their convenience and ease of use.

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.