Hair Styling Tools Market Size, Share & Trends Analysis Report By Product (Hair Dryer, Hair Straightener, Curling Irons), By Distribution Channel (Hypermarkets & Supermarkets, Online), By Region, (North America, Europe, Asia Pacific), And Segment Forecast

Hair Styling Tools Market Size, Share & Trends Analysis Report By Product (Hair Dryer, Hair Straightener, Curling Irons), By Distribution Channel (Hypermarkets & Supermarkets, Online), By Region, (North America, Europe, Asia Pacific), And Segment Forecast

Hair Styling Tools Market Growth & Trends

The global hairstyling tools market size was estimated to reach USD 60.48 billion in 2030 and is anticipated to expand at a CAGR of 5.0% during the forecast period of 2024 to 2030, according to a new report by Grand View Research, Inc. The growing demand for hairstyling equipment is due to both men and women being more conscious about their appearance. These tools are becoming more and more popular among customers since they provide a quick and easy way to experiment with one's appearance and improve personal aesthetics. Consequently, manufacturers worldwide are launching a wide range of styling equipment appropriate for both personal and professional use.

Another factor propelling the global hairstyling tool market is the growing technical improvements in these tools. Hair tool advancements that prioritize minimizing hair damage for best results include temperature-controlled devices and infrared technologies. Heat settings that can be adjusted to suit a variety of hair types are assured. Moreover, there is an increasing demand for features that improve energy efficiency and safety. By promoting even heat dispersion and using ceramic coating the possibility of hotspots that could damage hair is reduced. The aforementioned developments demonstrate a customer-oriented approach by addressing problems related to hair health and efficiency. This, in turn, favorably influences customer choices in the highly competitive industry.

The curling irons segment held the larger market size in 2023. The popularity of curling irons is fueled by consumers' desire to create salon-quality hairstyles at home and their need for adaptable styling equipment for special occasions like weddings, parties, and celebrations. Dual-purpose curling irons-those that can be used for both curling and straightening-are popular among customers who are searching for multipurpose products that will simplify their styling regimen.

Asia Pacific accounted for the largest share of the market Hairstyling equipment are in high demand due to the cultural importance associated with personal appearance and grooming in several Asian countries. Increased disposable incomes caused by economic expansion in many Asian nations have allowed customers to spend more on grooming and personal care items, including hairstyling appliances. Furthermore, a significant proportion of Asia's young population is more likely to experiment with hairstyles and adhere to beauty trends, which fuels the market for cutting-edge hairstyling tools.

Hair Styling Tools Market Report Highlights

• Central & South America is expected to grow with the highest CAGR over the forecast period from 2024 to 2030. The increasing influence of global beauty trends on the consumers in the region is a key factor contributing to the market growth.
• Multistylers segment is estimated to grow with the highest CAGR over the forecast period. The surging demand for tools with various functions is a significant driver of growth for this segment.
• The online sales channel is expected to grow with the highest CAGR over the forecast period. Online distribution channels offer various conveniences for shopping owing to which its use is increasing among consumers thus surging the segment’s growth.

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