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Electric Head Scalp Massager Market size is set to grow by USD 481.5 million from 2024-2028, Increasing use of electric head scalp massagers to reduce anxiety and promote hair growth boost the market, Technavio

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NEW YORK, July 8, 2024 /PRNewswire/ — The global electric head scalp massager market size is estimated to grow by USD 481.5 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 5.26% during the forecast period. Increasing use of electric head scalp massagers to reduce anxiety and promote hair growth is driving market growth, with a trend towards leveraging internet platforms to create awareness. However, low penetration in emerging economies poses a challenge. Key market players include Breo Technology USA LLC, Caresmith, Comfier, Cotsoco, Lumi Therapy Co., Moglix, MOUNTRAX, OSIM International Pte. Ltd., Panasonic Holdings Corp., and Xiaomi Communications Co. Ltd..

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Electric Head Scalp Massager Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.26%

Market growth 2024-2028

USD 481.5 million

Market structure

Concentrated

YoY growth 2022-2023 (%)

4.92

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

APAC at 34%

Key countries

US, China, Germany, Italy, and Canada

Key companies profiled

Breo Technology USA LLC, Caresmith, Comfier, Cotsoco, Lumi Therapy Co., Moglix, MOUNTRAX, OSIM International Pte. Ltd., Panasonic Holdings Corp., and Xiaomi Communications Co. Ltd.

Market Driver

The Internet has significantly transformed the electric head scalp massager market by providing a platform for vendors to showcase their products and reach a larger audience. Websites hosted by companies or third-party providers offer features such as live chats, product comparisons, customer reviews, and e-commerce capabilities. This ease of access and interaction drives brand retention and visibility, leading to increased revenue and market share. The availability of detailed product information online enables consumers to make informed decisions and engage with fellow users. The electric head scalp massager market has experienced consistent growth due to the Internet’s ability to optimize search engines, making it easier for potential customers to discover these products. Major e-commerce platforms like Amazon and eBay offer a wide range of electric head scalp massagers, contributing to the market’s expansion. With increasing Internet penetration worldwide, the electric head scalp massager market is expected to continue growing, making the Internet an essential tool for promotion, distribution, and consumer education.

The Electric Head Scalp Massager market is experiencing significant growth due to increasing trends in self-care and stress relief. Anxiety and depression, headaches, and stress are common issues driving demand for scalp massage devices. These massagers offer sensory pleasure, mind relaxation, and relieve tension in the head, neck, and temples. They also increase blood circulation, which can promote hair growth, deep cleanse the scalp, and help with hair loss, dandruff, psoriasis, and other scalp-related issues. Advanced technology, such as smart head massagers, ergonomic designs, vibrations, oscillations, and kneading motions, target pressure points for maximum effect. The market caters to various segments including athletes, beauty salons, spas, and households. With the young population seeking at-home relaxation solutions, waterproof, handheld, and helmet-style massagers are popular choices. These devices provide advanced massage treatments for hair health, stress-related disorders, and headaches and migraines.

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Market Challenges

The electric head scalp massager market has shown significant growth in developed economies, particularly in the US. However, the penetration of these devices remains low in emerging markets, including South America, Africa, and other developing countries. Factors such as limited awareness, affordability, and preference for traditional massage methods are hindering the market’s expansion in these regions. Moreover, the low gross domestic product (GDP) in these countries further restricts the use of electric head scalp massagers. Despite their numerous benefits, the market growth in these areas may be impeded due to these challenges during the forecast period.The Electric Head Scalp Massager market is witnessing significant growth due to increasing demand from beauty salons and spas, as well as the young population seeking deep hair cleaning and addressing scalp-related issues. Headaches and tension are common concerns driving consumers to invest in advanced technology massagers with vibrations, oscillations, and kneading motions that stimulate pressure points. Self-care and stress-related disorders are key factors fueling the market’s growth. E-commerce platforms and online retailing have made at-home relaxation solutions more accessible, with smart features, improved ergonomics, and various types, including handheld, helmet, vibration, kneading, and percussion massagers. Challenges include ensuring quality control, innovation and differentiation, responsive customer service, and supply chain disruptions. Sustainable practices and well-being and self-care trends are also shaping the market. Salons, spas, healthcare facilities, and individual consumers are key buyers, with online and offline retail channels catering to their needs.

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Segment Overview

This electric head scalp massager market report extensively covers market segmentation by

Product1.1 Handheld1.2 HelmetGeography2.1 North America2.2 Europe2.3 APAC2.4 Middle East and Africa2.5 South America

1.1 Handheld- The handheld segment dominates the global electric head scalp massager market, driven by rising disposable income, increasing customer awareness, and advanced technological offerings. Handheld massagers provide numerous benefits, including stress relief, heat therapy for headaches, and improved sleep. Their portability, affordability, and compact size make them an appealing choice for consumers. Market players are investing in product innovations, expanding their product portfolios, and targeting developing economies to capitalize on growing demand. These factors will fuel the market’s growth during the forecast period. Handheld electric head scalp massagers offer a convenient and effective solution for relieving stress, promoting relaxation, and improving overall head and scalp health. Their popularity is on the rise due to their numerous advantages, making them a must-have personal care accessory for many consumers.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Electric Head Scalp Massager market is witnessing significant growth due to the increasing awareness of self-care and the need for at-home relaxation solutions. This innovative device offers various benefits, including relieving anxiety and depression, reducing headaches and stress, promoting hair growth, and providing sensory pleasure. The massager uses advanced technology, such as vibrations, oscillations, and kneading motions, to stimulate pressure points on the scalp and neck, improving blood circulation and tension relief. The warm oil feature adds an extra level of relaxation, especially for those suffering from scalp-related issues, headaches and migraines, and stress-related disorders. With an ergonomic design, these massagers are easy to use and can be purchased through e-commerce platforms, making them accessible to a wide audience.

Market Research Overview

The Electric Head Scalp Massager market is witnessing significant growth due to the increasing prevalence of anxiety and depression, headaches, and stress. These devices offer scalp massage for mind relaxation, relieving tension in the head and neck, and improving blood circulation. They stimulate hair growth by increasing blood flow to hair follicles and providing deep hair cleaning. Sensory pleasure and self-care are also driving factors, as these massagers offer advanced technology, ergonomic designs, and various massage techniques such as vibrations, oscillations, and kneading motions. They can be used with warm oil, shampoo, or even be waterproof for use in the shower. The market caters to individual consumers, salons and spas, healthcare facilities, and even athletes for post-workout relaxation. E-commerce platforms and online retailing have made these massagers accessible to a young population seeking at-home relaxation solutions for scalp-related issues and stress-related disorders. The market is innovating with smart features, improved ergonomics, and sustainable practices, while addressing quality control and responsive customer service to differentiate from competitors. However, supply chain disruptions and competition from manual massage treatments may pose challenges.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductHandheldHelmetGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Doo Group Strengthens Global Reach with CySEC License for Doo Financial

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LIMASSOL, Cyprus , Nov. 15, 2024 /PRNewswire/ — Doo Group is proud to announce that Doo Financial, one of its brands, has been awarded a new license by the Cyprus Securities and Exchange Commission (CySEC). This achievement strengthens Doo Group’s commitment to providing a secure and regulated trading environment for its clients globally.

Expanding Regulatory Reach

The addition of the CySEC license highlights Doo Group’s extensive regulatory framework, which already spans across multiple financial jurisdictions, including the United Kingdom, Australia, Hong Kong and Malaysia. This strategic milestone reflects Doo Group’s dedication to ensuring compliance with international regulatory standards and prioritizing client security. As a European Supervisory Authority, CySEC offers a robust regulatory environment and is expected to enhance client confidence. For Doo Group, this new regulatory milestone reinforces its reputation as a trusted, reliable financial services provider.

“Acquiring the new license from CySEC is a significant milestone for Doo Financial, marking a key step in our ongoing growth and strategic expansion. This achievement not only reinforces our commitment to maintaining the highest standards of regulatory excellence but also solidifies our position as a trusted, reliable financial institution within Europe. By aligning with CySEC’s rigorous requirements, we are better positioned to offer enhanced services to our clients, foster greater transparency, and ensure long-term stability in an increasingly complex and dynamic financial landscape.” Costas Kappai, Doo Financial EU

Strengthening Client Confidence

Doo Financial EU, the European branch of Doo Financial, is now positioned to serve clients across Europe under the guidelines of a European Supervisory Authority. European clients will benefit from CySEC’s regulatory protections, including client fund safety and transparent business practices, ensuring a secure and trustworthy trading experience. This development allows Doo Financial EU to offer its suite of financial services and trading products to a wider audience, backed by the credibility and oversight of CySEC.

By expanding its regulatory reach, Doo Group continues to strengthen its position in the global financial market, enabling clients to trade with confidence. The CySEC license is another step toward achieving Doo Group’s vision of becoming a leader in financial services.

About Doo Group

Founded in 2014 and headquartered in Singapore, Doo Group is an international financial services provider with a focus on FinTech. With operations across 10 major business lines—including Brokerage, Wealth Management, Payments, and Digital Marketing—we are dedicated to delivering comprehensive financial solutions that empower our clients to explore a better future.

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Liberty General Insurance Continues to Drive Insurance Awareness and Inclusion with ‘Suraksha ka Vaada Bima ke Saath’ Initiative Across Delhi and Punjab

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NEW DELHI, Nov. 15, 2024 /PRNewswire/ — Liberty General Insurance, one of the leading non-life insurance companies in India and the lead insurer for Delhi under the Insurance Regulatory and Development Authority of India’s (IRDAI) State Insurance Plan, is spearheading an insurance awareness initiative in Delhi. While there are no gram panchayats in Delhi, Liberty continues to drive insurance awareness through grassroots and digital outreach.

In parallel, Liberty is fulfilling its rural and social obligations by focusing on underserved areas in Punjab. This effort includes a recently initiated awareness campaign across 400 gram panchayats in Punjab to expand insurance penetration and increase accessibility in these regions.

In Delhi, Liberty continues to create awareness under ‘Suraksha ka Vaada Bima ke Saath’ initiative launched in 2023. This October Liberty began with a Door-to-Door Campaign across North-West and North East Delhi, reaching over 1600 households in Karala Village, Budh Vihar, Kanjawala Village and Begumpur, Burari, Kanhiya Nagar, Rampura, and Jahangirpuri, achieving over 25000 impressions. Over nearly a month, Liberty’s teams engaged with residents, distributing leaflets and explaining the benefits of motor and health insurance. This campaign was followed by the ‘Nukkad Natak’ (Street Play) initiative in South Delhi, targeting key neighborhoods of Sarojini Nagar, Lajpat Nagar, Nirman Vihar, Lakshmi Nagar, and Begumpur chowk market. The street plays used interactive performances to educate communities on the importance of insurance and dispel common myths. To reinforce the message, Liberty’s team also disseminated copies of the ‘Wise Ways of Insurance’ booklet—a unique resource developed to demystify insurance products and promote informed decision-making. The booklet, which is being translated into vernacular languages, is also being distributed in other states as part of Liberty’s commitment to financial literacy across India.

Complementing its on-ground efforts, Liberty General Insurance continues to leverage social media to drive targeted insurance awareness campaigns. Recognizing that widespread mobile access allows more people to connect online, Liberty reaches both rural and urban audiences, empowering individuals everywhere with the knowledge needed to make informed financial decisions.

Commenting on this awareness drive, Mr. Parag Ved, CEO & Whole-Time Director, Liberty General Insurance said, “Our ‘Suraksha ka Vaada Bima ke Saath’ campaign is an effort in line with IRDAI’s ‘Insurance for All by 2047’ vision, towards empowering communities across Delhi, Punjab, and beyond with the financial security that insurance provides. With general insurance penetration in India still at less than 1% of its GDP, there is a pressing need to educate communities and break down the barriers to understanding the importance of insurance. Liberty will ensure that its wide distribution network makes policies accessible to all, so that every citizen—no matter where they are—can access the financial safety net that insurance offers.”

“Liberty is committed to fostering a culture of financial resilience where every Indian can feel secure about their future. Together, we are building a future where insurance isn’t just a product but a promise of protection and peace of mind,Mr. Ved added.

Looking ahead, Liberty will be rolling out a transit media campaign across South Delhi in December, utilizing branded auto rickshaws to increase visibility and connect with residents in this vibrant area of the capital. By leveraging transit media, Liberty aims to bring insurance awareness into people’s daily routines, making information accessible in familiar, everyday settings. This campaign builds on the success of previous awareness initiatives and reinforces Liberty’s commitment to educating and empowering individuals about insurance.

About Liberty General Insurance

Liberty General Insurance Ltd. (LGI) is a joint venture between Summit Asia Investment Holdings PTE Ltd.— a group company of Liberty Mutual Insurance Group, a diversified global insurer with over 900 offices across the world, headquartered in the U.S., Enam Securities, and Diamond Dealtrade. LGI commenced operations in 2013 with the aim of providing comprehensive retail, commercial and industrial insurance solutions. The company has an employee strength of 1100+ with presence across 100+ locations in 28 states and UTs. Its partner network consists of about 6000+ hospitals and more than 5000 auto service centres. The company offers health and personal accident insurance, car and two-wheeler insurance, employee compensation insurance, commercial insurance, engineering insurance, marine insurance, liability insurance and property insurance among other products in India.

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Hikvision unveils WonderHub and elevates smart collaboration across industries

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HANGZHOU, China, Nov. 15, 2024 /CNW/ — Hikvision unveiled its fully upgraded smart collaboration business. The event showcased a range of innovative products designed to transform collaboration in education, meetings, retail, and more. Among the highlights were cutting-edge solutions like WonderHub interactive displays, digital signage, and video conference devices. These products underscore Hikvision’s commitment to driving digital transformation and enhancing user experiences in an increasingly connected world.

At the heart of this ecosystem is WonderHub, which features WonderOS, an AI-powered platform that seamlessly connects devices and enhances collaboration. With tools like WonderSpark for interactive whiteboards and WonderCast for wireless content sharing, WonderHub enables users to communicate, create, and collaborate more effectively than ever.

Boosting Classroom Engagement with Innovative Solutions

In education, WonderHub is designed to elevate classroom experiences. The interactive displays enable students to share and express ideas effortlessly, creating a more engaging and dynamic learning environment. The built-in WonderSpark smart whiteboard software uses AI to recognize equations, provide solutions, and generate interactive 3D teaching materials across subjects like mathematics, chemistry, and natural sciences. Teachers can also access licensed images and videos through Creative Commons integration, enriching lesson content and boosting student engagement.

Classrooms equipped with WonderHub also benefit from multi-window modes and a suite of 19 educational tools. These include subject-specific templates and interactive applications. For remote learning, WonderHub integrates seamlessly with third-party conferencing platforms, allowing students to collaborate in real-time, no matter their location.

Empowering Business Meetings with Intelligent Features

Hikvision’s smart collaboration solutions transform business meetings into more efficient and immersive experiences. The WonderHub Ultra Series allows users to easily connect personal devices and leverage the interactive display’s camera, speakers, and microphone for high-quality remote conferencing. The HiSpire meeting management system streamlines meeting logistics, including room scheduling, attendee notifications, post-meeting summaries, and distribution of materials.

Advanced AI features, such as auto-framing and speaker tracking, ensure optimal video quality. Meanwhile, app-free screen casting allows for easy sharing of presentation materials. The X12 and X28 audio-video cameras offer enterprises tailored setups to suit meeting rooms of any size, ensuring seamless communication with high-definition video and precise audio capture.

Transforming Retail Spaces with Dynamic Digital Signage

Hikvision has also advanced its digital signage solutions to enhance customer engagement in retail scenarios. The vibrant displays and centralized content management allow retailers to effectively capture attention. High-brightness window displays attract passersby with promotions and new product highlights. Meanwhile, floor-standing signage supports interactive features, such as self-service ordering. The HikCentral FocSign platform enables retailers to remotely manage and distribute content across multiple locations, improving operational efficiency and ensuring consistent branding.

These digital signage solutions, including the DP and DL series, boast superior brightness and clarity, ensuring visibility even in strong lighting conditions. The displays run on Hikvision’s self-developed platform and support WonderCast wireless casting, enabling quick and easy content sharing from various devices.

Since entering the smart collaboration market in 2017, Hikvision has rapidly become a leading global player. With over 300,000 units sold across more than 140 countries and regions, Hikvision’s smart collaboration business exemplifies the company’s commitment to innovation, quality, and user-centric design. As a key highlight of this evolution, the fully upgraded WonderHub represents the next leap forward in smart collaboration technology.

By bridging advanced technology with practical applications, WonderHub, along with Hikvision’s broader range of smart collaboration solutions, is leading the way in providing more efficient and intelligent solutions for users worldwide.

For more information about Hikvision’s smart collaboration products and solutions, please visit Hikvision’s official website.

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