Market Insights Consumer Household Appliances Small Appliances

Hair Clippers - Myanmar

Myanmar

In 2024, the Hair Clippers market in Myanmar is projected to generate revenue of US$50.28m.
This market is expected to grow annually by 5.35%, representing a compound annual growth rate (CAGR) from 2024 to 2029.
When comparing global revenue, the highest amount is generated in China, reaching US$3,093m in 2024.
In terms of per household revenue, in Myanmar is expected to generate US$4.57 in 2024.
Looking specifically at the volume of the Hair Clippers market, it is anticipated to reach 1.2m pieces by 2029.
Moreover, there is an estimated volume growth of 1.8% in 2025 for this segment.
Lastly, the average volume per household in the Hair Clippers market is expected to be 0.10pieces in 2024.
Despite the traditional preference for longer hair and limited access to modern grooming products, the demand for hair clippers in Myanmar is steadily rising due to the increasing influence of Western culture and the desire for more contemporary 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.