The Global Hair Dryer Market has recently been analyzed and explored by Fortune Business Insights™ in their latest market research report. The team of dedicated analysts and researchers has gone to great lengths to provide a comprehensive overview of both current and future scenarios pertaining to the Hair Dryer Market. As a result, this report is packed with valuable insights that will be highly advantageous for industry players looking to maintain a competitive edge.

The report encompasses a broad range of data, including market trends, growth drivers, challenges, and opportunities in the Global Hair Dryer Market. With a meticulous analysis of the industry landscape, the report presents an accurate picture of the market, providing in-depth information on the key market players, their strategies, and the competitive landscape.

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Forecast Growth Projected:

The global hair dryer market size was valued at USD 9.01 billion in 2023 and is projected to grow to USD 13.42 billion by 2030, exhibiting a CAGR of 5.87% during the forecast period.

List of the Key Players in the Hair Dryer Market

The major players in the market are

  • 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.)
  • Havells (India)

Some Common Elements of the Hair Dryer Market Report May Include:

  • Market size and growth rate
  • Competitive landscape analysis
  • SWOT analysis (strengths, weaknesses, opportunities, and threats)
  • Key market trends and drivers
  • Regulatory environment
  • Market segmentation and customer demographics
  • Future Outlook and Predictions

Competitors Landscape:

High Customer Spending On Cutting-Edge Beauty Devices to Accelerate Market Growth

Some of the key companies operating in this market are introducing innovative technologies to increase the performance & efficiency of their products, and improve customers’ experience. They are designing hair blowers equipped with cutting-edge features, such as Bluetooth connectivity, automatic shut off, and heat sensors to make the product’s use convenient for customers. These initiatives are expected to help the companies dominate the market.

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Segmentation:

Attractive Features of Corded Hair Dryers to Augment Their Sales

Based on type, the market is segregated into corded and cordless. The corded segment is estimated to capture a dominant hair dryer market share as these devices offer various features, such as consistent and powerful airflow, which decreases customers’ worries regarding their battery life.

Convenience Offered by Hair Dryers to Increase Their Demand Among Individuals

In terms of application, the market is segmented into individual and professional. The individual segment might dominate the market as hair dryers are quite popular in households. Many people use hair styling devices on a regular basis to create elegant hairstyles and improve their aesthetic appearance.

Offline Stores to Witness Notable Increase in Customer Footfall as Products Can Be Physically Inspected

Based on distribution channel, the market is divided into offline and online. The offline segment is predicted to hold the largest market share as offline stores provide customers the ability to physically inspect the product they want to buy to check its quality and reliability. Moreover, many of these stores, such as supermarkets and malls sell high-quality haircare products at affordable prices, which will further increase customers’ inclination toward these stores.

With respect to region, the market covers North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Global Drivers and Restraints:

The research report encompasses a comprehensive analysis of various factors that facilitate the growth of the market. This includes an examination of trends, restraints, and drivers that impact the market either positively or negatively. Additionally, this section highlights the potential scope of different market segments and applications that could have a profound influence on the market in the future. The report draws upon current trends and historical milestones to provide in-depth and detailed information for the reader.

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