Hair Dryer Market

Hair Dryer Market

Growth Factors of Hair Dryer Market

The hair dryer market size was valued at USD 9.01 billion in 2023, and the market is now projected to grow from USD 9.50 billion in 2024 to USD 15.27 billion by 2032, exhibiting a CAGR of 6.11% during the forecast period of 2024-2032.

Global hair dryer market was affected by COVID-19 Pandemic in a quite good way. During the pandemic and primarily due to lockdowns and salon closures, the demand for hair care tools for home use increased significantly and includes hair dryers. People began grooming themselves at home – more products sold. However, disruptions of the supply chain led to problems in production and scarcity of materials to be used which was a knob to the availability of products. Many consumers turned into online shops because outlet and other physical stores were closed. After that pandemic, the market remained consistent, and substantial interest remains in personal care devices or new inventions include antibacterial coating features.

The current innovation in the hair dryer market is new tendencies that are pointed to technology, environmental friendly products and ergonomic design. Ionic and ceramic hair dryers with capabilities of minimizing heat damage and improving the shine of hair are becoming fashionable. The portable models are also preferred in compact and lightweight designs. Energy-efficient motor hair dryers with recyclable components attract the environment-friendly aspect clients. Also, cordless and smart hair dryers with adjustable heat control and heat protective sensors are coming up into the market, thus providing a better styling performance, but also saving hair health. Thus, all the above mentioned factors are contributing towards the hair dryer market growth.

There are quite a number of reasons that have prompted the increased market for hair dryers. The shift of consumer trend towards personal grooming and self-body care creates the demand for quality hair styling products. A new innovation like ionic or ceramic dryers dry hair faster and causes-relatively less harm to the hair thus most customers. Higher discretionary incomes, rising consumer affluence, developments in the social networking and beauty trends regarding personalized beauty also help in the enlarged market size. Further, increased acceptance of professional hair care products and treatments at home, as an opportunity of saving money and time, along with focus on green and efficient solutions also contribute to the market’s further development.

Comprehensive Analysis Hair Dryer Market

Based on the type, the hair dryer market can be divided into corded hair dryers and the cordless hair dryers. Corded hair dryers are the most popular among them because of their steady power supply; cordless hair dryers are also gradually gaining popularity among buyers who desire the mobility of a portable hair dryer. Application wise it is segmented as individual usage and professional usage. Some people require stylish and portable designs while others would go for efficient and powerful black box like gadgets. Some of the distribution channels include Web-based and physical retail outlet stores Web-based retail outlet stores have been rapidly adopted because of convenience through e-commerce while physical retail outlet stores have continuously remained popular for personal shopping.

North America is one of the most important regions for hair dryers, mainly due to the constantly growing need for hair care appliances and grooming. Higher purchasing power in the region, plus the consumers’ tendency for using better and more technological hair dryers push the market further. Also contributing to demand are an increasing tendency toward home hair styling and an increasing number of beauty salons and specialists. The availability of ‘leading’ and other additional players, and general availability both on-line and off- line is testament to North America’s leadership in the market.

Key players in this sector include Conair LLC (U.S.), Panasonic Holdings Corporation (Japan), Koninklijke Philips N.V (Netherlands), Dyson Limited (Singapore), Tescom Co., Ltd. (Japan), Spectrum Brands, Inc. (U.S.), Revlon Inc. (U.S.), Ghd Hair (U.K.), Harry Josh Pro Tools (U.S.)

Thus, by 2024, hair dryers, along with all other electronics appliances, begin to use innovations with Dyson being the market leader due to expanding its focus on smart technology. The hair dryer now comes with unique heat control sensors that help to avoid hair burning and damage making healthier hair possible with a Dyson Supersonic hair dryer. Further, there has been a shift towards environmental sensitivity through incorporation of energy conserving models with green materials on them. Cordless hair dryers are also being commonly used due to versatility in use as the consumer can style at any one place of their choice without the inconveniency of a wire.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 9.5% (2024-2032)

Unit Value (USD Billion)

By Geography

By Ship Type

Commercial

Defense

By Installation Type

On-board

Onshore

By Fit

Line Fit

Retrofit

By Application

Fleet Operations

Vessel Traffic Management

Fleet Health Monitoring

North America (By Ship Type, Installation Type, Fit, Application, and Country)

• U.S. (By Ship Type)
• Canada (By Ship Type)

Europe (By Ship Type, Installation Type, Fit, Application, and Country)

• U.K. (By Ship Type)
• Germany (By Ship Type)
• France (By Ship Type)
• Russia (By Ship Type)
• Rest of Europe (By Ship Type)

Asia Pacific (By Ship Type, Installation Type, Fit, Application, and Country)

• China (By Ship Type)
• India (By Ship Type)
• Japan (By Ship Type)
• South Korea (By Ship Type)
• Rest of Asia Pacific (By Ship Type)

Rest of the World (By Ship Type, Installation Type, Fit, Application, and Sub-Region)

• Middle East & Africa (By Ship Type)
• Latin America (By Ship Type)


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