Press release
Hair Dryer Market Analysis On Trends and Need 2030 | Philips, Panasonic Corporation
TMR Research
The popularity of different hairstyles is increasing at a rapid rate across the global populace. The changing lifestyles of many individuals coupled with a busy schedule are the vital reasons that are proving to be great growth generators for the hair dryer market. Based on these factors, the global hair dryer market is prognosticated to observe a positive growth period between 2020 and 2030.
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A hair dryer is an electric device used for hair drying or styling purposes. Being widely available for public use in 1945, hair dryers have been a key device in every household. The enormous demand for hair dryers in tandem with the rising inclination toward hairstyle trends will bring immense growth prospects during the assessment period of 2020-2030. Earlier, excessive heat blown from the hair dryers was a major issue but with the advancements in technology, smaller motors with good thermal design came into existence, which further accelerated the demand for hair dryers to a considerable extent.
Hair dryers are available in both corded and cordless variants. The customers choose the preferred variant according to their likes and requirements. Hair dryers are either used for individual or professional purposes. The distribution channels are both online and offline. The advantages associated with hair dryers will bring tremendous growth opportunities for the global market.
The TMR Research team has conducted an overall analysis of all the aspects related to the growth of the hair dryer market. Geographical insights, competitive scenarios, and key trends are some important categories covered under the report. The report also covers the COVID-19 impact on the hair dryer market and projects its growth in the post-pandemic era.
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Hair Dryer Market: Industrial Landscape
The hair dryer market is highly fragmented. Many well-established players indulge in fierce competition. New players are also entering the ring of the hair dryer market with new products and upgraded features. This aspect is intensifying the competition to a considerable extent.
New product launches and the addition of latest features remain the vital reasons that influence the growth of the hair dryer market. Technological upgrades also play a prominent part in increasing the sales of hair dryers.
Some well-entrenched players in the hair dryer market are Philips, Panasonic Corporation, Groupe SEB, Ikonic (SSIZ INTERNATIONAL), and Helen of Troy.
Hair Dryer Market: Vital Growth-Boosting Hair Dryer Types
Various types of hair dryers have emerged and a few of them are helping in increasing the growth rate of the hair dryer market. The major ones are as follows:
Ceramic Hair Dryers: They have a ceramic coating on the inside that helps in even heat distribution.
Titanium Hair Dryer: Consist of a titanium heating coil. The quickest dryer among other types.
Ionic Hair Dryer: Makes use of negatively charged ions that assist in breaking down the positively charged water molecules.
Hair Dryer Market: Recent Developments
Significant developments in the hair dryer market are as follows:
Tineco, a home appliance company, recently launched the Moda One Hair Dryer, including smart sensors. These sensors help in moisture level detection in the hair and adjust the speed accordingly.
Panasonic has launched a new hairdryer powered by its patented nanoeTM and platinum ions technology.
Hair Dryer Market: Regional Prospects
North America’s hair dryer market is estimated to gain a dominant position between 2020 and 2030. The presence of awareness about the importance of hair dryers among a considerable populace is estimated to increase the growth-share of the companies. Asia Pacific is also expected to observe rapid rate.
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About TMR Research:
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends
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