Global Hair Dryer Market Insights Forecasts to 2033

• The Global Hair Dryer Market Size was Valued at USD 8.70 Billion in 2023
• The Market Size is Growing at a CAGR of 5.26% from 2023 to 2033
• The Worldwide Hair Dryer Size is Expected to Reach USD 14.52 Billion by 2033
• Asia-Pacific is expected to Grow the fastest during the forecast period.

The Global Hair Dryer Market Size is Anticipated to Exceed USD 14.52 Billion by 2033, Growing at a CAGR of 5.26% from 2023 to 2033. The growing demand for professional hair dryers and improved knowledge of hair care can drive the growth of the hair dryer market.

Market Overview:

A hairdryer is an electrical device that can blow hot or dry air for styling hair. The primary elements boosting demand for hair dryers are rising living standards and a growing emphasis on physical appearance. Evolving fashion trends in hair care and style, combined with growing hair styling trends seen in movies and on fashion runways, are having a significant influence on hair dryer sales worldwide, across all age groups. Hair dryer adoption is predicted to increase throughout the projected period, since they have recently been modified with attachments for greater hairstyling flexibility.

The growing emphasis on personal grooming and style has increased the need for dryers. Consumers, particularly the younger generation, are interested in keeping their looks and experimenting with new hairstyles, which drives the demand for efficient and varied hair-drying equipment. Customers choose hair dryers with simple heating settings since they allow them to dry their hair more quickly and effectively.

Trends:

The market has undergone substantial technological developments. Manufacturers are adding ionic technology, ceramic heating components, infrared heat, and tourmaline coatings. These technologies assist to eliminate frizz, improve smoothness, and prevent heat damage.

Report Coverage:

This research report categorizes the market for the global hair dryer based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global hair dryer market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global hair dryer market.

Driving Factors:

The increasing acceptance of electric hair dryers with ABS-based bodies constructed with cutting-edge technology and high-quality raw materials can be attributed to their multiple functions and variable air-flow speed. They also include an extra plug socket for use with trimmers and shavers, and the equipment is very user-friendly, which is expected to boost the worldwide hair dryer market. The energy-efficient hair dryers are becoming more popular which can drive the growth of the hair dryer market. Manufacturers are concentrating on creating energy-efficient versions that use less electricity while maintaining performance.

Restraining Factors:

The hair dryer market is limited by the device's high cost and the widespread availability of counterfeit products. In addition, the alleged negative consequences of hair dryers due to inappropriate use have the potential to upset the hair dryer industry.

Market Segmentation:

The global hair dryer market share is classified into product and application.

• The corded segment has the largest share of the market during the forecast period.

Based on the product, the global hair dryer market is categorized into corded and cordless. Among these, the corded segment has the largest share of the market during the forecast period. Its dependability and constant performance make it a popular option among customers. Corded hair dryers, as opposed to cordless hair dryers, provide a continuous power supply, resulting in uninterrupted and efficient drying, especially for people with longer hair or specialized style needs. Thus, they fueled market demand over the projection period. In general, corded units are less expensive than high-end cordless counterparts.

• The individual segment holds the highest share of the market over the forecast period.

Based on the application, the global hair dryer market is categorized into professional and individual. Among these, the individual segment holds the highest share of the market over the forecast period. The beauty and personal care sector in emerging nations has expanded significantly in the past few decades, due to increased disposable incomes, shifting consumer lifestyles, and a growing emphasis on grooming and personal appearance. Individuals in these are becoming more aware of and demanding advanced grooming appliances, such as hair dryers, as they experience increasing urbanization and industrialization.

Regional Segment Analysis of the Global Hair Dryer Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is projected to hold the largest share of the global hair dryer market over the forecast period.

North America is projected to hold the largest share of the global hair dryer market over the forecast period. North America has the world's largest hair dryer market for a huge number of customers who are more alert and sensitive to their personal grooming and self-care needs. Furthermore, because North American customers have a larger discretionary income than the rest of the globe, particularly those in the United States and Canada, there is a stronger inclination in the area to purchase and replace outdated hair dryers with high-end hair dryers. As a result, market participants in North America are offering innovative and premium items to meet customer demand.

Asia-Pacific region is expected to fastest CAGR growth during the forecast period. The impact of social media, beauty gurus, and K-beauty trends has raised awareness about grooming and personal care. Hair dryers are regarded as indispensable instruments for producing a trendy and well-groomed appearance. All of these factors are projected to boost the regional market in the approaching years.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global hair dryer market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies:

• 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
• Others

Key Market Developments:

• In March 2024, Dyson unveiled a supersonic with its hair dryers. The business introduced its next-generation technology with Supersonic Nural, a hair dryer that was unveiled 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