Market Insights Consumer Household Appliances Small Appliances

Hair Clippers - G20

In 2024, the revenue in the Hair Clippers market totals US$6.58bn.
It is projected to experience an annual growth rate of 3.96% (CAGR 2024-2029).
Among the G20 countries, in China generates the highest revenue with US$3,093m in 2024.
When considering the total number of households, the per household revenue in 2024 amounts to US$6.81.
By 2029, the volume in the Hair Clippers market is expected to reach 172.9m pieces units.
In 2025, the segment is forecasted to demonstrate a volume growth rate of 0.9%.
Moreover, the average volume per household in the Hair Clippers market is expected to be 0.17pieces units in 2024.
In the G20 country of Japan, the hair clipper market is experiencing a surge in demand due to the popularity of traditional Samurai-inspired 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.