The global market for professional hair clippers market is estimated to be worth USD 5,922.2 million in 2024 and is anticipated to reach a value of USD 9,555.1 million by 2034. Sales are projected to rise at a CAGR of 4.9% over the forecast period between 2024 and 2034.
The revenue generated by the professional hair clipper market in 2023 was USD 5,624.1 million. The industry is anticipated to exhibit a Y-o-Y growth of 5.3% in 2024.
The global professional hair clipper market exhibits significant growth prospects due to a rising emphasis on personal care and grooming. Additionally, the rising number of professional stylists and barbers is another factor contributing towards the significant growth of the target market. Personal grooming is a key trend that is appealing to the younger generations due to the increased product sophistication and easy-to-use products.
Global Professional Hair Clipper Market Industry Assessment
Attributes | Key Insights |
---|---|
Historical Size, 2023 (A) | USD 5,624.1 million |
Estimated Size, 2024 (E) | ~USD 5,922.2 million |
Projected Size, 2034 (F) | ~USD 9,555.1 million |
Value-based CAGR (2024 to 2034) | ~4.9% |
The target market is segmented under product type, blade type, target consumer, and distribution channel. The market is further sub-categorized under these segments to provide a granular aspect which will benefit the businesses operating in the market to improve on their products, gain a competitive edge over other players, and grasp a major portion of the market, in parallel.
It is expected that the contribution from the men’s category is going to be high in the market. The target market is steadily growing due to enhancements in grooming tools like charging technology, cordless action, and precision trimming that satisfies the needs of many professionals and those who use them for personal use.
The market mainly focuses on the needs of professional stylists with the growing importance of beard trends and hairstyles. The development of online sales channels and the availability of target products on store shelves are contributing to the fast-paced demand growth.
Brands such as Wahl, Andis, Oster, BaBylissPRO, Panasonic, Philips Norelco, Remington, JRL, Gamma+/StyleCraft, Hatteker, Moser, and T-Outliner (Andis) maintain a strong market presence, by offering a diverse range of products.
The industry is set to experience upward growth during the forecast period. It is projected to create an incremental opportunity of USD 3,632.9 million and is predicted to rise approximately 1.7 times the current market value through 2034.
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Increasing Popularity of Self-Grooming Contributing to the Increased Volume of Sales
Self-caring, particularly among the younger generation has greatly contributed towards the growth of the professional hair clipper market. Since these young consumers are more conscious of their looks and more concerned with convenience, they are more willing to buy high-quality grooming tools for at-home use.
This trend further advanced during the COVID-19 pandemic where many individuals were forced to trim their heads during the lockdown. With the changing attitude to self-grooming, more and more people are now choosing to cut their hair at home hence the growth of the market for professional hair clippers.
For instance, The Wahl Color Pro Cordless Rechargeable Hair Clipper has captured the market in terms of popularity due to its ergonomically designed body and colorful guide comb which highlights the modern self-grooming culture. Popular among home consumers, it exemplifies the growing trend of do-it-yourself hair care since many individuals want effective and simple-to-handle tools to maintain new hairdos without regular trips to the salon.
Technological Advancements Leading to Increased Product Adoption
Professional hair clippers have also undergone a major technological overhaul with functions such as self-sharpening blades, digital displays, and variable speed. These are novel additions that target customers with high expectations of preciseness and individuality when shaving, thereby giving the impression of a much better feel.
Advanced motors, as well as more resilient batteries, have also enhanced the performance of clippers, which has also contributed to their increased demand among experienced barbers and users who intend to trim their hair at home.
While these technological developments prove extremely beneficial for consumers in identifying the quality of a particular product, they come with one major drawback; the premium prices of technologically advanced clippers which certain consumers may not afford.
For instance, The Andis Master Cordless Clipper has notable technological enhancements with its adjustable blade, high-speed motor, and lithium-ion battery. Such characteristics provide accurate cutting attributes, flexibility and more operating time, which mirror the developments of the industry towards higher capabilities and creativity through technology.
Growth of E-commerce Platforms: A Key Driver of Market Growth
The increase in online platforms has further influenced the increase in the professional hair clipper market as more people have access to these products. E-commerce enables consumers to go through all the available options, read other consumers’ opinions, and compare prices without having to leave their homes. This has resulted in an enhanced sale, particularly among young consumers who fancy online shopping.
For example, Amazon currently offers great prospects for the sale of professional hair clippers like the BaBylissPRO FX880C Outlining Trimmer; it offers detailed customer reviews on the device, affordable prices, and easy delivery conditions. It’s due to such platforms that many more people across the world can see and probably buy grooming tools since it is easily accessible.
The global professional hair clipper market industry recorded a CAGR of 3.3% during the historical period between 2019 and 2023. The growth of the professional hair clipper market industry was positive as it reached a value of USD 5,624.1 million in 2023 from USD 4,939.1 million in 2019.
The market is being driven by increased product accessibility through online sales channels, self-grooming trends, and advancements in technology.
Several other factors boosted the growth of these businesses as at-home grooming was more prevalent with millennials and Gen Z, with a growing need for better quality and efficient hair clippers. For instance, brands like Wahl and Andis experienced a boost in their sales because they included aspects like self-sharpening blades and adjustable speeds in their products.
This growth was made easy by e-commerce platforms such as Amazon which provides businesses with a variety of products, including professional clippers at more affordable prices.
Looking ahead, the demand forecast from 2024 to 2034 suggests robust growth in the market, with an anticipated CAGR of around 4.9%. This forecast can be attributed to several emerging trends such as smart clippers, digital displays, and AI features to assist in proper grooming of the hair based on individual needs and requirements which may also increase the demand in the market.
For example, clippers that have instant feedback features and customizable settings will meet the demands of a new generation of consumers who prefer technologies with a more advanced approach than conventional models.
Further, growing trends toward self-grooming and personal care associated with higher disposable incomes and a growing middle-income population in developing economies will keep the demand going. However, the market might also have the following challenges, such as market saturation and competition with comparable but cheaper and lower-quality alternatives.
However, the overall outlook is still progressive, showing that the market for professional hair clippers is still dynamic and will continue to develop in the future.
Tier 1 companies comprise market leaders with market revenue of above USD 2,390.2 million capturing a significant market share of ~40% to ~45% in the global market. These market leaders are characterised by large capacity and a wide product portfolio.
The market leaders are distinguished by their extensive expertise in providing products to professionals and a broad geographical reach, underpinned by a robust consumer base.
Tier 2 companies include mid-size players with revenue of USD 1,687.2 to 1,968.4 million having a presence in specific regions and highly influencing the local market. These are characterized by a strong presence overseas and strong market knowledge.
These market players have good technology and ensure regulatory compliance but may not have advanced technology and wide regional reach. Prominent companies in tier 2 include Tondeo, Matsui, Hatteker, and SURKER among others.
Tier 3 includes the majority of small-scale companies operating at the local level and serving niche markets having revenue below USD 984.2 million. These companies are notably oriented towards fulfilling local market demands and are consequently classified within the tier 3 share segment. They are small-scale players and have limited geographical reach.
Tier 3, within this context, is recognized as an unorganized market, denoting a sector characterized by a lack of extensive structure and formalization when compared to organized competitors.
The section below covers the industry analysis of the professional hair clipper market for different countries. Market demand analysis on key countries in regions across the globe is provided. The United States is anticipated to remain at the forefront in North America, with a value share of 79.3% through 2024. In Europe, Italy is projected to witness a CAGR of 3.8% by 2034.
Countries | Value CAGR (2024 to 2034) |
---|---|
Italy | 3.9% |
UK | 3.5% |
Germany | 3.4% |
Canada | 4.1% |
China | 6.8% |
USA | 3.6% |
The USA market is expected to grow at an estimated CAGR of 3.6% during the forecast period while premium end growth is driven by large spending on professional clippers by customers.
The professional hair clipper market in the USA is a significant segment of the international market owing to the consumer demand for quality and durable products. Recently, one of the important market trends is the increasing hair grooming market at home especially due to the Covid-19 pandemic stay-at-home measures that boosted the need for personal grooming accessories.
Further, growth is fueled by technological development including those that include cordless designs, precision blades, and digital controls. This is a highly consolidated market with renowned brands set in the market that include Wahl, Andis, and Oster and backed by retail stores, and e-commerce channels.
However, market segmentation and high intensity of competition are some of the main problems accompanying this growth. The market is expected to keep on growing because of the continued development and high consumer interest in personal care.
The China professional hair clipper market is projected to show a CAGR of 6.8% from 2024 to 2034. The current share of the country in the regional market stands at the highest, and it is likely to remain the same throughout the forecast period.
The China professional hair clipper market has been growing because of factors such as an increase in disposable income, an increase in urbanization, and the growing middle-income group.
A new market in consumer personal grooming and commoditized salon-type products has also spurred the demand. It has been recognized that Chinese people are craving better clippers; the Kemei and Moser brands are popular among people.
There are changes in market trends which include enhanced battery usage and ergonomically enhanced models. Furthermore, the growing use of the online platform has ensured easy access to these products; this has boosted the market. Further, in the Chinese market threats include; high rivalry within the domestic and global markets, and possibly market domination in the future.
However, the market has great potential for further growth, stimulated by the development of new technologies and the growth of consumers’ demand for baby personal care products.
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The section contains information about the leading segments in the industry. By product type, the cordless clippers category is estimated to grow at a CAGR of 4.2% during the forecast period.
Product Type | Cordless Clippers |
---|---|
Value Share (2024) | 40.7% |
In terms of product type, the cordless clippers category is expected to grow with a CAGR of 4.2% in the market during the forecast period from 2024 to 2034.
Cordless clippers are widely used nowadays mainly because of their advantages like non-cord system, easier to carry around, and enhanced technology like longer battery duration and fast charging system.
Their market growth is therefore the increasing need for convenience and flexibility in the professional aspect as well as home grooming. Improvements in battery technology and body ergonomic designs have added to their popularity further giving this segment a boost.
Blade Type | Detachable Blades |
---|---|
Value Share (2024) | 30.1% |
Some of the blades can be easily detached from the device which is preferred and easy to clean. They provide convenience to the users in that they can change blades depending on their needs and or practice a high level of hygiene.
Thus, due to the increased demand for hair grooming tools suitable for different types of hair and grooming purposes, the detachable blades showcased very high growth and are a favourite among professional groomers who need efficiency with their equipment.
Ceramic blades are becoming increasingly popular because of their cutting ability, heat performance, and abrasion resistance. It offers better cutting surfaces and does not heat up as quickly as other types of clippers.
There is always a demand in the market for grooming tools with high performance and durability, and this pushes the use of ceramic blades with sophisticated functions suitable for both professional and personal use.
Due to all of the foregoing factors, the ceramic blades category in the blade type segment contributes the most growth rate of 6.2% in the market and the segment is likely to dominate in the forecast period.
Key players operating in the professional hair clipper market are investing in research and development of target products and also entering into partnerships. Key product brands have been acquiring smaller players to grow their presence to further penetrate the market across multiple regions.
Recent Industry Developments in the Professional Hair Clipper Market
In terms of product type, the industry is divided into corded clippers, cordless clippers, and hybrid clippers.
In terms of blade type, the industry is segregated into fixed blades, detachable blades, ceramic blades, and stainless steel blades.
In terms of target consumers, the industry is segregated into men, women, and unisex.
The industry is classified by the distribution channel segment as online retailers and offline retailers (specialty stores, supermarkets/hypermarkets, and direct sales).
Key Regions of North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA (Middle East & Africa) have been covered in the report.
The global professional hair clipper market industry is projected to witness a CAGR of 4.9% between 2024 and 2034.
The global professional hair clipper market industry stood at USD 5,624.1 million in 2023.
The global professional hair clipper market industry is anticipated to reach USD 5,922.2 million by 2024 end.
South Asia is set to record the highest CAGR of 7.3% during the assessment period.
The key players operating in the global professional hair clipper market industry include Wahl, Andis, Oster, BaBylissPRO, Panasonic, Philips Norelco, Remington, JRL, Gamma+/StyleCraft, Hatteker, Moser, T-Outliner (Andis), Kemei, Conair, Tondeo, Matsui, Hatteker, SURKER, Wmark, and SUPREME TRIMMER among others.
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