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.
Hair Dryer Market Overview:
The report published by Maximize Market Research assists the needs of businesses by analyzing the Hair Dryer market while considering various elements. Data models such as Hair Dryer market overview and guide, vendor positioning grid, market timeline analysis, company market share analysis, standards of measurement, and top to bottom analysis are used in the report. The Hair Dryer market reportincludes fundamentals of the market, such as definitions, classifications, and applications, before moving on to industry policies and plans, manufacturing processes, and cost structures of the Hair Dryer market.
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Market Scope:
Hair Dryer Report provides in-depth knowledge and comprehension of trends, dynamics, and other topics. Data on market size, forecasted trends, market share, market dynamics, opportunities, threats, risks, and new entrants are presented in the report. To provide users with comprehensive information, all of the main aspects and analytical market data are scientifically displayed in the form of graphs, tables, pie charts, and product statistics. This provides readers with up-to-date market data that is both relevant and thorough.
Segmentation :
Through the projected period, the cordless segment is anticipated to rise at a CAGR of 7%. Ionic and tourmaline dryers with various attachments, speeds, and heat settings are among the goods with cutting-edge technology that are becoming more and more popular because 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.
Lithium-silicon batteries are being used by innovators to create portable dryers with smart sensors that automatically adjust heat settings based on ambient humidity and air quality. Through the anticipated time, these factors are anticipated to fuel the market growth of the category.
In terms of Application, the Non-Professional sector held a 65% market share in 2021. Due to frequent use and a busy schedule that prevents salon visits, consumers prefer to possess their own personal hair dryers. Modern hair dryers are readily available with features like temperature control and simplicity of use at home. These elements are fueling the market's segment growth.
With a 57% market share in 2021, the Offline segment led the industry in terms of distribution channel. Customers prefer to test a product before purchasing it if it meets their demands. Unorganized retail is one of the most significant sales channels in emerging nations including China, Bangladesh, Vietnam, India, and the former Soviet Union. Large retail chains are investing in opening new markets in order to obtain a competitive edge.
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Key Players:
• 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
The competitive environment is an important aspect that all major players need to be familiar with. The report highlights the competition scenario of the Hair Dryer market to know the competition at both domestic and global levels.
Regional analysis:
The study delves into the Hair Dryer market in depth, segmenting it into regions. For the analysis, a review of the provincial Hair Dryer market involved with the objective market, as well as results related to the objective market, is provided. The market in each region is thoroughly investigated, enabling for the identification of regional market trends, restrictions, and development opportunities. The have a look at examines and anticipates numerous international locations, in addition to contemporary traits and possibilities with inside the region.
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Highlights of the Hair Dryer Market Report:
Key Questions answered in the Hair Dryer Market Report are:
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Mar 07, 2023