Market Insights Consumer Household Appliances Small Appliances

Hair Clippers - Morocco

Morocco

The Hair Clippers market in Morocco is projected to generate a revenue of US$69.05m in 2024.
This market is expected to grow at an annual rate of 4.01% (CAGR 2024-2029).
In comparison to other countries, in China leads the global market with a revenue of US$3,093m in 2024.
On a per household basis, the revenue generated in the Hair Clippers market amounts to US$9.11 in 2024.
Looking ahead, the volume of the Hair Clippers market is anticipated to reach 1.7m pieces by 2029.
There will be a slight volume growth of 1.1% in 2025.
The average volume per household within the Hair Clippers market is expected to be 0.21pieces in 2024.
The demand for high-quality hair clippers in Morocco has surged in recent years, driven by the growing popularity of barber shops and the emphasis on grooming and personal care.

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.