Global Hair Dryer Market Size To Worth USD 14.52 Billion By 2033 | CAGR of 5.26%
Category: Electronics, ICT & MediaGlobal Hair Dryer Market Size To Worth USD 14.52 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Hair Dryer Market is to Grow from USD 8.70 Billion in 2023 to USD 14.52 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 5.26% during the projected period.
Get more details on this report -
Browse key industry insights spread across 240 pages with 102 Market data tables and figures & charts from the report on the "Global Hair Dryer Market Size, Share, and COVID-19 Impact Analysis, By Product (Corded and Cordless), By Application (Professional and Individual), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/hair-dryer-market
A hair dryer is an electrical appliance that blows hot or dry air to style hair. The key factors driving up demand for hair dryers are improving living standards and a greater emphasis on appearance. Evolving fashion trends in hair care and style, along with emerging hair styling styles seen in movies and on fashion runways, are having a big impact on hair dryer sales globally, across all age groups. Hair dryer adoption is expected to rise throughout the forecast period since they have recently been upgraded with attachments for additional hairstyling versatility. However, the hair dryer market is constrained by the device's high cost and the prevalence of counterfeit items.
The corded segment has the biggest market share over the projection period.
Based on the product, the global hair dryer market is divided into corded and cordless. Among these, the corded segment has the biggest market share over the projection period. Corded hair dryers, as opposed to cordless hair dryers, provide a constant power source, resulting in continuous and efficient drying, particularly for persons with longer hair or unique styling requirements. As a result, they increased market demand over the projected term. In general, corded systems are less costly than high-end cordless models.
The individual segment has the biggest market share over the projection period.
Based on the application, the global hair dryer market is divided into professional and individual. Among these, the individual segment has the biggest market share over the projection period. The beauty and personal care industry in emerging countries has grown dramatically over the last several decades, due to rising disposable incomes, changing consumer lifestyles, and a greater emphasis on grooming and personal appearance. As urbanization and industry increase, people in these areas become increasingly aware of and want modern grooming tools like hair dryers.
North America has the biggest share of the global hair dryer market over the forecast period.
Get more details on this report -
North America has the biggest share of the global hair dryer market over the forecast period. North America has the world's largest hair dryer market, serving a vast number of clients who are more aware and sensitive to their personal grooming and self-care requirements. Furthermore, because North American customers have more discretionary means than the rest of the world, particularly in the United States and Canada, there is a greater tendency in the region to acquire and replace obsolete hair dryers with high-end hair dryers. As a result, industry participants in North America are providing new and premium products to suit client demand.
Asia-Pacific is predicted to grow fastest pace throughout the forecast period. The influence of social media, beauty gurus, and K-beauty trends has increased awareness of grooming and personal care. Hair dryers are regarded as essential tools for achieving a fashionable and well-groomed look. All of these variables are predicted to improve the regional market in the upcoming years.
Major vendors in the global hair dryer market include, Dyson Limited, Koninklijke Philips N.V, Panasonic Holdings Corporation, Revlon Inc, Ghd hair Jemella Ltd, Braun GmbH, Helen of Troy Limited, Harry Josh Pro Tools, Conair Corporation, Spectrum Brands Inc, Andis Company, T3 Micro, Bio Ionic, and Others.
Recent Developments
- In March 2024, Dyson introduced supersonic hair dryers. The company debuted its next-generation technology with the Supersonic Nural hair dryer, which was launched in Seoul.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global hair dryer market based on the below-mentioned segments:
Global Hair Dryer Market, By Product
- Corded
- Cordless
Global Hair Dryer Market, By Application
- Professional
- Individual
Global Hair Dryer Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?