Market Insights Consumer Household Appliances Small Appliances

Hair Clippers - Ethiopia

Ethiopia

In 2024, the Hair Clippers market in Ethiopia recorded a revenue of US$119.60m.
It is projected to experience an annual growth rate of 8.01%, also known as the Compound Annual Growth Rate (CAGR), from 2024 to 2029.
When compared globally, in China generates the highest revenue in the Hair Clippers market, with a staggering US$3,093m in 2024.
In terms of per household revenues, the Hair Clippers market in Ethiopia generated US$4.87 in 2024.
This figure represents the revenue generated per household in relation to the total number of households in the country.
Looking ahead to 2029, it is estimated that the volume of the Hair Clippers market in Ethiopia will reach 4.5m pieces.
Additionally, a growth rate of 4.9% is anticipated for the year 2025.
The average volume per household in the Hair Clippers market in Ethiopia is predicted to be 0.15pieces in 2024.
This figure represents the average volume of hair clippers owned per household in the country.
The demand for hair clippers in Ethiopia has been steadily increasing due to the rise in popularity of traditional Ethiopian hairstyles.

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.