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SAN FRANCISCO, CA--(Marketwired - Jan 20, 2016) - The UK hairbrush market is expected to reach USD 679.2 million by 2022, according to a new study by Grand View Research, Inc.
The hairbrush market is projected to be driven by the increase in population combined with rise in disposable income. The rise in disposable income has allowed people to spend on hair care and hairbrushes, more so than before. The consumer confidence and per capita disposable income will keep on rising as the unemployment rate continues to decline, offering consumers more discretionary income for hair care and hairbrushes.
The hairbrush market is also expected to be driven by the increase in the number of salons. Rise in the number of working women along with continuing interest in personal appearance is expected to increase the demand for salons. Growing demand for anti-aging treatments along with increasing spending on lifestyle needs are some of the factors furthering this trend. Increasing awareness of grooming among men combined with availability of globally trusted product brands are a few other factors leading to the increase in the number of salons.
Browse full research report with TOC on "Hairbrush Market Analysis By Application (Personal, Professional) By Region (U.S., UK, Germany, China) And Segment Forecasts To 2022" at: http://www.grandviewresearch.com/industry-analysis/hairbrush-market
The presence of a large number of local manufacturers may restrain market growth over the next seven years. A considerable number of consumers are unaware of the benefits of using the right product, and purchase these items through the unorganized sector. This impacts profitability of key manufacturers, since local products are readily available at lower costs.
Further key findings from the report suggest:
Grand View Research has segmented the hairbrush market on the basis of application and region:
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.