Hair Dryer Market: Global Industry Analysis and Forecast (2023-2029)

Hair Dryer Market size was valued at US$ 12.93 Bn. in 2022. Cord, one of the segments reviewed in our reports dominated the Hair Dryer Market.

Hair Dryer Market Overview:

A hair drier, often known as a blow dryer, is an electromechanical device that blows hot or cold air over damp or wet hair to speed up the evaporation of water molecules and dry the hair. By managing and accelerating the development of temporary hydrogen bonds inside each strand, a hair drier aids in the regulation of hairstyle and shape. A hairdryer can also be used to create hairstyles with supporting hair accessories to make the hair look more attractive. Hair Dryer MarketTo know about the Research Methodology :- Request Free Sample Report

Hair Dryer Market Dynamics:

Increasing awareness regarding personal grooming and the rising number of professional salons across the globe. Increasing disposable income and rapid urbanization. These factors are driving the product demand in the market. Lifestyles hanging due to busy working hours and large salon chains are investing in developing regions to expand their customer base. An increase in the number of professional hair dressings, especially in emerging regions is expected to drive the growth of the hairdryer market through the forecast period. Product manufacturers promote their brands and innovative technologies through social media campaigns. Increased investment by cosmetics manufacturers to support celebrities to influence their target customers is driving the product demand. Next-generation innovations in hair dryers include a smart drying experience to prevent hair damage Smart hair dryers are making a big difference in the hair dryer market. Manufacturers are stepping up their R & D efforts to create hair dryers with smart moisture and proximity sensors, optimizing the amount of heat applied to the hair and delivering healthy and shiny results to customers. Automation plays an important role in regulating air velocity and heat to prevent hair damage. These factors are driving the product demand in the market across the globe. The concept of super hair dryers is encouraging manufacturers to constantly innovate in products. Similarly, the Airs hot from Cloud Nine has vitamins infused into its ceramic heating components that nourish the hair. Convenient heating options in hair dryers are being highly preferred by customers to quickly and effectively dry the hair. These factor is driving the market growth of the product. The high availability of counterfeit products in countries such as China and India may restrain the market growth of hair dryers. Market trends and challenges are analyzed and compiled in the report. The data of 2022 is considered for a better understanding of the client. Moreover, Analytics of the market is based on real numbers of past years from 2022 to 2029 with market forecast until 2029.

Hair Dryer Market Segment Analysis:

By Product, the Cord segment dominated the market with a 76 % share in 2022. These products are intense energy-consuming devices with high power rating labels. As an outcome, the corded products are considered more efficient with direct home supply. These factors are driving the growth of the segment in the market. The cordless segment is expected to grow at a CAGR of 7 % through the forecast period. Gaining popularity owing to the ease of use and manufacturers are offering products with innovative technologies including ionic and tourmaline dryers with different attachments, speed, and heat settings. Wireless and portable hairdryers are meeting the convenience needs of on-the-go individuals while traveling or when there is an electric outage. Leaders using lithium–silicone batteries to innovate in portable dryers with smart sensors that analyze air quality and humidity around to automatically modify heat settings. These factors are expected to drive the market growth of the segment through the forecast period. Hair Dryer Market By Application, the Non-Professional segment dominated the market with a 65 % share in 2022. Consumers prefer their own individual hair dryers because of their daily usage and busy lifestyle where they don't have time to go to the salon. Availability of advanced hair dryers with features like temperature control etc. and ease of usage at home. These factors are driving the segment growth in the market. The professional segment is expected to grow at a CAGR of 6.3 % through the forecast period. Manufacturers find that many of their inventions do not fit the regular salon environments and they are making minor twists in the technology of hair dryers to make them commercially feasible in salon environments. the growing number of salons, spas, etc., and increasing trend to stylish lifestyle. These factors are expected to drive the market growth of the segment through the forecast period. By Distribution Channel, the Offline segment dominated the market with a 57 % share in 2022. Consumers prefer to try and then buy the product which is suitable to their needs. In developing countries such as India, Vietnam, Bangladesh, and China, unorganized retail is one of the most important sales channels. To gain a competitive advantage in the market, large retail chains are investing in establishing new markets. The online segment is expected to grow at a CAGR of 8.7 % through the forecast period. Online platforms are an important part of influencing consumer preferences when buying electronics through e-commerce platforms such as Flipchart, Walmart, and Amazon. Major market players have launched exclusive online portals and websites. Increasing Internet and smartphone user numbers, especially in developing countries such as India, China, Indonesia, and Vietnam, are expected to boost the segment over the forecast period. These factors are expected to drive the segment growth through the forecast period.

Regional Insights:

North America dominated the market with a 38 % share in 2022. Presence of well-established fashion industry, high disposable income, stylish lifestyle trends, and target audience. Consumers use a hair dryer on daily basis in this region. These factors are driving the growth of the market in the industry. Asia Pacific is expected to grow at a CAGR of 5.3 % through the forecast period. Large customer base in China and India and these countries have huge growth potential markets for beauty products, including hair dryers. International and regional companies are launching new products to meet the growing demand for hair care products. Innovation and Technological Advancement in the product among manufacturers with new designs and quality materials are factors expected to drive the market through the forecast period. The objective of the report is to present a comprehensive analysis of the Hair Dryer market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Hair Dryer market dynamics, structure by analyzing the market segments and project the Hair Dryer market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Hair Dryer market make the report investor’s guide.

Hair Dryer Market Scope: Inquire before buying

Hair Dryer Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 12.93 Bn.
Forecast Period 2023 to 2029 CAGR: 5.6 % Market Size in 2029: US $ 18.94 Bn.
Segments Covered: by Product Cord Cordless
by Application Professional Non- Professional
by Distribution Channel Offline Online

Hair Dryer Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)

Hair Dryer Market Key Players

1.Conair Corporation 2.Dyson 3.Koninklijke Philips 4.Panasonic 5.TESCOM 6.Kangfu 7.Beauty Elite Group 8.VOLO Beauty 9.Farouk Systems 10.Solano International 11.Bio Ionic 12.John Paul Mitchell System 13.Procter & Gamble (Braun) 14.Groupe SEB 15.Spectrum Brands, Inc. 16.Helen of Troy 17.Jemella Ltd (GHD) 18.Ikonic

FAQ:

1] What segments are covered in the Hair Dryer Market report? Ans. The segments covered in the Hair Dryer Market report are based on Product, Application, and Distribution Channel. 2] Which region is expected to held the highest share in the Hair Dryer Market? Ans. Asia Pacific Region is expected to held the highest share in the Hair Dryer Market. 3] What is the market size of the Hair Dryer Market by 2029? Ans. The market size of the Hair Dryer Market by 2029 is US $ 18.94 Bn. 4] Who are the top key players in the Hair Dryer Market? Ans. Conair Corporation, Dyson, Koninklijke Philips, Panasonic, ESCOM, Kangfu, Beauty Elite Group, VOLO Beauty, Farouk Systems, Solano International, Bio Ionic, John Paul Mitchell System, Procter & Gamble (Braun), Groupe SEB, Spectrum Brands, Inc., Helen of Troy, Jemella Ltd (GHD), Ikonic. 5] What was the market size of the Hair Dryer Market in 2022? Ans. The market size of the Hair Dryer Market in 2022 was US $ 12.93 Bn.
1. Global Hair Dryer Market: Research Methodology 2. Global Hair Dryer Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Hair Dryer Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Hair Dryer Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Hair Dryer Market Segmentation 4.1. Global Hair Dryer Market, by Product (2022-2029) • Cord • Cordless 4.2. Global Hair Dryer Market, by Application (2022-2029) • Professional • Non-Professional 4.3. Global Hair Dryer Market, by Distribution Channel (2022-2029) • Offline • Online 5. North America Hair Dryer Market(2022-2029) 5.1. Global Hair Dryer Market, by Product (2022-2029) • Cord • Cordless 5.2. Global Hair Dryer Market, by Application (2022-2029) • Professional • Non-Professional 5.3. Global Hair Dryer Market, by Distribution Channel (2022-2029) • Offline • Online 5.4. North America Hair Dryer Market, by Country (2022-2029) • United States • Canada • Mexico 6. European Hair Dryer Market (2022-2029) 6.1. European Hair Dryer Market, by Product (2022-2029) 6.2. European Hair Dryer Market, by Application (2022-2029) 6.3. European Hair Dryer Market, by Distribution Channel (2022-2029) 6.4. European Hair Dryer Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Hair Dryer Market (2022-2029) 7.1. Asia Pacific Hair Dryer Market, by Product (2022-2029) 7.2. Asia Pacific Hair Dryer Market, by Application (2022-2029) 7.3. Asia Pacific Hair Dryer Market, by Distribution Channel (2022-2029) 7.4. Asia Pacific Hair Dryer Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Hair Dryer Market (2022-2029) 8.1. Middle East and Africa Hair Dryer Market, by Product (2022-2029) 8.2. Middle East and Africa Hair Dryer Market, by Application (2022-2029) 8.3. Middle East and Africa Hair Dryer Market, by Distribution Channel (2022-2029) 8.4. Middle East and Africa Hair Dryer Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Hair Dryer Market (2022-2029) 9.1. Latin America Hair Dryer Market, by Product (2022-2029) 9.2. Latin America Hair Dryer Market, by Application (2022-2029) 9.3. Latin America Hair Dryer Market, by Distribution Channel (2022-2029) 9.4. Latin America Hair Dryer Market, by Country (2022-2029) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Conair Corporation 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Dyson 10.3. Koninklijke Philips 10.4. Panasonic 10.5. TESCOM 10.6. Kangfu 10.7. Beauty Elite Group 10.8. VOLO Beauty 10.9. Farouk Systems 10.10. Solano International 10.11. Bio Ionic 10.12. John Paul Mitchell System 10.13. Procter & Gamble (Braun) 10.14. Groupe SEB 10.15. Spectrum Brands, Inc. 10.16. Helen of Troy 10.17. Jemella Ltd (GHD) 10.18. Ikonic
  • INQUIRE BEFORE BUYING