Market Insights Consumer Household Appliances Small Appliances

Hair Clippers - Germany

Germany

The Hair Clippers market in Germany is projected to generate a revenue of €214.40m in 2024.
It is anticipated to experience an annual growth rate of 4.44% (CAGR 2024-2028).
When compared globally, in China leads the market with a revenue of €2,828m in 2024.
In terms of per household revenue, each household in Germany is expected to generate €5.06 in 2024.
Looking ahead, the volume of the Hair Clippers market is forecasted to reach 5.1m pieces units by 2028.
However, in 2025, a slight decline in volume growth of -0.3% is expected.
On average, each household in Germany is projected to purchase 0.12pieces units of Hair Clippers market in 2024.
The Hair Clippers market continues to be a significant market in Germany.
Germany's hair clipper market is experiencing a surge in demand due to the country's growing preference for DIY grooming.

Key regions: Canada, China, United States, Europe, Germany

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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 Global Consumer 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). GCS data is reweighted for representativeness.