“Global Beard Trimmer Market to reach a market value of USD 11.6 Billion by 2031 growing at a CAGR of 8.6%”
The Global Beard Trimmer Market size is expected to reach $11.6 billion by 2031, rising at a market growth of 8.6% CAGR during the forecast period. In the year 2023, the market attained a volume of 169,060.5 thousand units experiencing a growth of 20.7% (2020-2023).
There has been a significant cultural shift towards male grooming and personal care across North America. Men increasingly invest in grooming tools like trimmers to maintain facial hair styles ranging from full beards to well-groomed stubble. Consequently, the region would acquire nearly, 30% of the total market share by 2031. Also, the US specialty stores would register a volume of 7,573.1 thousand units by 2031.
There has been a notable cultural shift toward greater emphasis on personal grooming among men. Social norms and media portrayals increasingly emphasize the importance of grooming, including maintaining facial hair neatly and stylishly. Also, well-groomed appearances are often associated with professionalism, confidence, and social acceptance in professional settings and social circles. Thus, increasing male grooming awareness is driving the growth of the market. Additionally, Consumers value convenience and versatility in their grooming routines. Multi-functional grooming devices combine multiple functionalities, such as beard trimming, hair clipping, and body grooming, into a single device. Multi-functional grooming devices are ideal for consumers with limited storage space or travel frequently. Thus, the growing demand for multi-functional grooming devices drives the market's growth.
However, trimmers are often used in daily grooming routines, and consumers expect reliable performance without frequent charging interruptions. Consumers may face challenges in maintaining a suitable charging infrastructure for their trimmers, particularly if the trimmer requires specific charging adapters or methods that are not universally compatible. This can limit the trimmer's usability and convenience. In conclusion, battery life and charging issues hamper the market's growth.
Based on product type, the market is divided into corded and cordless. The corded segment attained 36% revenue share in the market in 2023. Also, the segment recorded a volume of 93,741.9 thousand units in 2023. Corded trimmers ensure continuous and consistent power supply during grooming sessions. Unlike cordless trimmers that rely on batteries, corded models do not require recharging and provide uninterrupted operation, making them reliable for prolonged use without the risk of power depletion.
By distribution channel, the market is divided into hypermarket & supermarket, specialty store, online store, and other stores. In 2023, the online store segment registered 30% revenue share in the market. Also, the segment registered a volume of 52,713.1 thousand units in 2023. Online stores offer unparalleled convenience, allowing consumers to browse and purchase trimmers from the comfort of their homes or on-the-go via smartphones and tablets.
On the basis of end users, the market is segmented into personal and commercial. In 2023, the commercial segment attained 27% revenue share in the market. These trimmers are essential tools professionals in spas and salons use to offer grooming and styling services. As grooming trends evolve and male grooming becomes more popular, establishments expand their service offerings to include beard trimming and styling options.
Free Valuable Insights: Global Beard Trimmer Market size to reach USD 11.6 Billion by 2031
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the Asia-Pacific region witnessed 37% revenue share in the market. Economic growth in many countries across the region has led to increased disposable incomes. As a result, consumers have more purchasing power to invest in personal grooming products like these trimmers.
| Report Attribute | Details |
|---|---|
| Market size value in 2023 | USD 6.0 Billion |
| Market size forecast in 2031 | USD 11.6 Billion |
| Base Year | 2023 |
| Historical Period | 2020 to 2022 |
| Forecast Period | 2024 to 2031 |
| Revenue Growth Rate | CAGR of 8.6% from 2024 to 2031 |
| Quantitative Data | Volume in Thousand Units, Revenue in USD Billion, and CAGR from 2024 to 2031 |
| Number of Pages | 302 |
| Number of Tables | 670 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
| Segments covered | Product Type, Distribution Channel, End User, Region |
| Country scope |
|
| Companies Included | Syska LED Lights Private Limited, The Procter & Gamble Company, Wahl Clipper Corporation, Panasonic Holdings Corporation, Spectrum Brands Holdings, Inc., Koninklijke Philips N.V., Havells India Ltd., Conair LLC (American Securities LLC), Brio Product Group and Andis Company, Inc. |
By Product Type (Volume, Thousand Units, USD Billion, 2020-2031)
By Distribution Channel (Volume, Thousand Units, USD Billion, 2020-2031)
By End User (Volume, Thousand Units, USD Billion, 2020-2031)
By Geography (Volume, Thousand Units, USD Billion, 2020-2031)
This Market size is expected to reach $11.6 billion by 2031.
Increasing male grooming awareness are driving the Market in coming years, however, Battery life and charging issues restraints the growth of the Market.
Syska LED Lights Private Limited, The Procter & Gamble Company, Wahl Clipper Corporation, Panasonic Holdings Corporation, Spectrum Brands Holdings, Inc., Koninklijke Philips N.V., Havells India Ltd., Conair LLC (American Securities LLC), Brio Product Group and Andis Company, Inc.
In the year 2023, the market attained a volume of 169,060.5 thousand units experiencing a growth of 20.7% (2020-2023).
The Hypermarket & Supermarket segment led the Market by Distribution Channel in 2023; thereby, achieving a market value of $3.9 billion by 2031.
The Asia Pacific region dominated the Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4.3 billion by 2031.
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 