Home Press Release Global Hair Scissors Market Worth USD 125.4 Million By 2030 | CAGR of 5.5%

Global Hair Scissors Market Worth USD 125.4 Million By 2030 | CAGR of 5.5%

Introduction

A hair scissor is a tool designed specifically for cutting and styling hair. It is also known as a hairdressing shear, barber shear, or hair shear. Professionals in the hair industry use a range of hair scissors to give clean cuts and the desired style. These scissors range in size from roughly 5-7 inches or 13–18 cm and are frequently made of stainless steel to preserve the blades' razor-sharp edges.

Market Dynamics

Increasing Consumer Focus on Appearance Drives the Global Market

The rise in consumers who are conscious of their appearance and seek out new and distinctive hairstyles is one of the key factors driving the market's expansion. Customers are more likely to maintain different hairstyles today to look better. They contend that their hairstyle improves their physical appearance and boosts their self-assurance. Social media's influence on customers, especially young people, has increased their attention to personal appearance and prompted them to spend money on hairstyling to enhance it. The market for hair scissors is also expanding due to increased sales of different hair scissors.

Quickly Expanding Online Platform Creates the Tremendous Opportunities

The global e-commerce market is a sizable one that is growing quickly as customers of all ages prefer online retailers, including those from generations X, millennials, and z. As a result, one major factor influencing the hair scissors market is the expansion of the online retail sector. Nowadays, most companies that manufacture hair scissors have online stores where customers can conveniently purchase and find out about the most recent products and price points. The market is expanding due to an appreciable rise in online consumer spending. Due to the ability to read reviews from other customers, compare different stores and products, and look at the prices different sellers are willing to offer, customers increasingly prefer to shop online.

Regional Analysis

Asia-Pacific is the most significant shareholder in the global hair scissors market and is expected to grow at a CAGR of 4.3% during the forecast period. Due to the region's growing population in countries like China and India, Asia-Pacific held the largest market share for hair scissors in 2021. Asia-Pacific has significant growth potential for the hair scissors market because of the growing urban population and affluent countries like China, Japan, and India. Additionally, the market has expanded quickly due to the widespread use of these tools. It is anticipated that the salon industry's growth in countries in Asia-Pacific, such as India, will positively impact the market for hair scissors. The demand for various types of hair scissors that help create desired hairstyles has also increased due to a rise in the proportion of young people choosing a novel and distinctive hairstyle has fueled the market's growth in the Asia-Pacific region.

North America is expected to grow at a CAGR of 7.6%, generating USD 39.84 million during the forecast period. North America, the most lucrative region for hair scissors, is anticipated to experience moderate growth during the forecast period because more consumers in North American countries like the US are becoming conscious of their physical appearance. The trend of men adopting new hairstyles, such as the loose undercut, contemporary side part, drop fade, and others, is also causing a demand for various hair scissors within the region's salon industry.

Europe is expected to grow significantly over the forecast period. Despite Brexit, the European market presents potential opportunities for the consumer goods sector. Additionally, European stakeholders are focusing on utilizing digital technologies, which has recently resulted in the manufacturing sector undergoing a transitional change. The market for hair scissors in Europe is expected to grow remarkably over the forecasted period as a result of rising consumer disposable income in Europe, which has improved living conditions.

Key Highlights

  • The global hair scissors market was valued at USD 77.5 million in 2021. It is expected to reach USD 125.4 million by 2030, growing at a CAGR of 5.5% during the forecast period (2022–2030).
  • Based on product type, the global hair scissors market is bifurcated into hair-cutting scissors, hair texturing scissors, and hair-thinning scissors. The hair-cutting scissors segment is the highest contributor to the market and is expected to grow at a CAGR of 5% during the forecast period.
  • Based on sales channels, the global hair scissors market is bifurcated into offline and online channels. The offline channel segment owns the highest market share and is expected to grow at a CAGR of 5.6% during the forecast period.
  • Based on the end-user, the global hair scissors market is bifurcated into the commercial and residential sectors. The commercial sector segment is the highest contributor to the market and is expected to grow at a CAGR of 5.7% during the forecast period.
  • Asia-Pacific is the most significant shareholder in the global hair scissors market and is expected to grow at a CAGR of 4.3% during the forecast period.

Competitive Players

Competitive Players

The global hair scissors market’s major key players are Dragonfly Shears, Excellent Shears, Hair Tools Limited, Hikari Corporation, Kamisori International Inc., Matteck Matsuzaki Co., Ltd., Mizutani Scissors Mfg. Co., Ltd, Saki Shears, Tokosha Co., Ltd, and United Salon Technologies GmbH.

Recent Developments

Market News

  • In October 2022, Sustain Beauty Co. and Leaf Scissors partnered exclusively to offer a line of shears for environmentally conscious stylists in North America. The high-quality 440c Japanese steel and titanium coating that goes into producing the Leaf Black Edition Shears, which retail for USD 340, are from Japan.

Segmentation

Global Hair Scissors Market: Segmentation

By Product Type

  • Hair Cutting Scissors
  • Hair Texturing Scissors
  • Hair Thinning Scissors

By Sales Channel

  • Offline Channel
  • Online Channel

By End-User

  • Commercial Sector
  • Residential Sector

By Regions

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

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