Global Hair Dryer Market | Business Strategies, Revenue and Growth Rate Upto 2029

Hair Dryer Market Overview:

The Hair Dryer market competitive landscape provides information about rivals. Corporate overview, financials, revenue produced, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, and application domination are all contained in the details. The data points presented above are only relevant to the firms’ emphasis on the Hair Dryer market.

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Global Hair Dryer Market size was valued at US$ 12.24 Bn. in 2021. Cord, one of the segments reviewed in our reports dominated the Hair Dryer Market.

Market Scope:

This Hair Dryer market report discusses new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, opportunities in terms of emerging revenue streams, changes in market regulations, strategic market growth analysis, market size, segmented market growth, application niches, and dominance, product approvals, product launches, geographic expansion For more information on the Hair Dryer market, please contact Maximize Market Research for an Analyst Brief; our experts will assist you in making an informed market choice to achieve market growth.

Drivers:

Growing public awareness of personal grooming and the expansion of upscale salons worldwide. a rising standard of living and quick urbanisation. These elements are influencing market product demand.

Lifestyles are suffering as a result of long workdays, and major salon chains are investing in developing nations to increase their clientele. Throughout the forecast period, the growth of the hairdryer market is anticipated to be driven by an increase in the number of professional hairdressers, particularly in emerging regions.

Through social media campaigns, product manufacturers promote their brands and cutting-edge technologies. The demand for the product is being driven by increased spending by cosmetics manufacturers to support celebrities who can influence their target customers.

Segmentation:

In terms of product, the Cord segment held a 76% market share in 2021. These products have high power rating labels and intense energy consumption. As a result, corded products with direct home supply are thought to be more effective. These elements are fueling the market segment’s expansion.

Through the forecast period, the cordless segment is anticipated to grow at a CAGR of 7%. Ionic and tourmaline dryers with various attachments, speeds, and heat settings are among the products with cutting-edge technologies that are becoming more and more popular due to their simplicity of use. The convenience demands of people who are constantly on the move while travelling or during an electrical outage are being met by wireless and portable hairdryers.

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Key Players:  The following are the key players of the Hair Dryer market-

• Conair Corporation
• Dyson
• Koninklijke Philips
• Panasonic
• TESCOM
• Kangfu
• Beauty Elite Group
• VOLO Beauty
• Farouk Systems
• Solano International
• Bio Ionic
• John Paul Mitchell System
• Procter & Gamble (Braun)
• Groupe SEB
• Spectrum Brands, Inc.
• Helen of Troy
• Jemella Ltd (GHD)
• Ikonic

Regional Analysis:

The region portion of the research also includes individual market affecting elements and changes in legislation in the market that affect present and future market trends. Data points such as downstream and upstream value chain analysis, technological trends, porter’s five forces analysis, and case studies are only a few of the indicators utilized to anticipate the market scenario for different nations.

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COVID-19 Impact Analysis on Hair Dryer Market: The report also discusses how COVID-19 affected the Hair Dryer market. The primary goal of this study is to assist the user in understanding the market in terms of definition, segmentation, market potential, significant trends, and the problems that the industry is experiencing across key regions. The research details the overall impact of COVID-19 on the Hair Dryer Market by providing a micro and macroeconomic analysis. The precise study focuses on market share and size, which clearly depicts the impact that the pandemic has had and is anticipated to have on the global Hair Dryer Market in the future years.

Key Questions Answered in the Hair Dryer Market Report are:

  • What will be the CAGR of the Hair Dryer market during the forecast period (2021-2027)?
  • Which segment emerged as the leading segment in the Hair Dryer market?
  • Which are the prominent players in the Hair Dryer market?
  • What key trends are likely to emerge in the Hair Dryer market in the forecast period?
  • What will be the Hair Dryer market size by 2027?
  • Which company held the largest share in the Hair Dryer market in 2020?

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