United Kingdom Hair Styling Tools Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Manual and Electric), By Application (Household and Commercial), and UK Hair Styling Tools Market Insights, Industry Trend, Forecasts to 2033
Industry: Consumer GoodsUnited Kingdom Hair Styling Tools Market Insights Forecasts to 2033
- The United Kingdom Hair Styling Tools Market Size was valued at USD 991 Million in 2023.
- The Market is growing at a CAGR of 6.48% from 2023 to 2033
- The United Kingdom Hair Styling Tools Market Size is Expected to Reach USD 1857.5 Million by 2033
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The United Kingdom Hair Styling Tools Market is Anticipated to Exceed USD 1857.5 Million by 2033, growing at a CAGR of 6.48% from 2023 to 2033.
Market Overview
Hair styling tools are devices specifically created to style a person's hair in a specific way. These come in various varieties based on the specific purpose the individual wants to achieve with their hair. Hair styling tools are typically divided into two main categories: traditional tools and technologically advanced tools. There has been a rise in demand for hair styling tools in the market. Additionally, there is a growing trend towards compact, portable, and travel-friendly hair styling tools, which are easy to take with you and reduce the need for regular salon visits. Various participants in the market are continuously introducing an innovative and diverse range of hair styling devices to help both individual consumers and salon professionals achieve a fresh appearance. These factors contribute to the expansion of the hair styling tools market. An increase in focus on appearance among males and females has led to a strong need for hair styling equipment. Consumers are increasingly adopting these tools as they offer a fast and effective way to experiment with their appearance and improve their personal aesthetics. Consequently, companies worldwide are launching a wide range of styling tools designed for both home and professional use.
Report Coverage
This research report categorizes the market for the U.K. hair styling tools market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the UK hair styling tools 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 UK hair styling tools market.
United Kingdom Hair Styling Tools Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 991 Million |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 6.48% |
2033 Value Projection: | USD 1857.5 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 95 |
Segments covered: | By Product Type, By Application and COVID-19 Impact Analysis |
Companies covered:: | Procter & Gamble Company (P&G), Conair Group Ltd, Spectrum Brands Inc, Dyson Limited, Panasonic Corporation, Koninklijke Philips NV, Wahl Clipper Corporation, Coty Inc., Hair Tools, Denman, and Others Key Vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The increasing demand for hair styling tools is driven by the rising grooming needs of people worldwide. Growing awareness of the harmful health impacts of chemicals is anticipated to drive the demand for chemical-free hair styling tools. Advancements in hair styling tools, fueled by salon experts and consumer feedback, drive manufacturers to create new products, leading to market growth. The increase in the number of social media influencers, DIY hair styling tutorials, and training videos, particularly among millennials, is anticipated to generate new opportunities for companies in the market.
Restraining Factors
The expensive costs of electric devices may restrict the availability of straighteners and curling products in developing nations. Moreover, the introduction of inexpensive fake products has presented a difficulty for recognized tools. Additionally, an anticipated rise in electric shock-related accidents is also likely to negatively impact market growth.
Market Segmentation
The United Kingdom hair styling tools market share is classified into product type and application.
- The electric segment is expected to hold the largest market share through the forecast period.
The U.K. hair styling tools market is segmented by product type into manual and electric. Among these, the electric segment is expected to hold the largest market share through the forecast period. Electric hair stylers that can meet the needs of consumers with various hair types like curly, crimped, or wavy hair are anticipated to experience rapid growth in the market.
- The commercial segment dominates the market with the largest market share over the predicted period.
The UK hair styling tools market is segmented by application into household and commercial. Among these, the commercial segment dominates the market with the largest market share over the predicted period. Salons, spas, beauty institutes, and academies in the commercial sector often use professional appliances with advanced features to provide styling services. This has led to increased usage by commercial customers due to the popularity of hair styling products, in contrast to lower use in households.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom hair styling tools 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
- Procter & Gamble Company (P&G)
- Conair Group Ltd
- Spectrum Brands Inc
- Dyson Limited
- Panasonic Corporation
- Koninklijke Philips NV
- Wahl Clipper Corporation
- Coty Inc.
- Hair Tools
- Denman
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-added resellers (VARs)
Recent Developments
- In October 2021, the popular American brand Drybar introduced a line of hair styling products in the UK, providing a variety of options for customers.
Market Segment
This study forecasts revenue at United Kingdom, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Hair Styling Tools Market based on the below-mentioned segments:
United Kingdom Hair Styling Tools Market, By Product Type
- Manual
- Electric
United Kingdom Hair Styling Tools Market, By Application
- Household
- Commercial
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