Press release
Hair Styling Tools Market by Product Type, Application, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030
Hair Styling Tools Market
The hair styling tools market has been experiencing increase in demand. Besides, compact, portable, and travel size designs of hair styling tools are gaining momentum as they are convenient to carry along and eliminate the need to visit a salon frequently. Different market players are consistently presenting inventive and extensive variety of hair styling tools to enable individual end users and salon experts to create a new look. These factors boost the growth of the hair styling tools market.
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Market Scope and Structure Analysis
Market Size Available for Years: 2020–2030
Base Year Considered: 2020
Forecast Period: 2021–2030
Forecast Unit: Value (USD)
Regions Covered: North America, Europe, Asia-Pacific, LAMEA
Segments Covered: Product Type, Application, Distribution Channel, and Region
Companies Covered: Procter & Gamble Co., Spectrum Brands, Inc., Dyson Ltd., Conair Corporation, Panasonic Corp., Coty, Inc., Helen of Troy Ltd., Hamilton Beach Brands, WAHL Clipper corp.
COVID-19 Impact analysis
Hair salons and spas are not considered under essential entities and have been ordered to close down by the government during the pandemic period. The lockdown has severely impacted the styling product orders from commercial end users.
However, the sales from the household sector is anticipated to experience an increase in online purchase of hair styling tools due to work from home culture, which created ample time for users to look for their desired product online and purchase it accordingly.
Also, the job loss and overall lowering of economic conditions negatively affected the buying power of the population, which in turn has reflected in lower preferences in purchasing non-essential goods.
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Top Impacting Factors
Surge in application in advanced & portable hair styling tools along with the ease and convenience they provide for end users creates surge the sales of hair styling tools in the market. Big players like L’Oréal, Coty Inc. and others are expected to introduce different products that drive the demand and thus the market growth
Rise in awareness for personal grooming among millennials and continuous increase in beauty standards also impacts the cosmetics industry thus driving the overall growth of the market.
Social media has become very influential in the world of fashion, makeup, and hairstyling. Hence, the increase in promotion, including advertisements of hair styling tools in different media channels are gaining customer’s attention in the country thus driving the market growth.
Market Trends
Innovations and Influence of Social Media on Hair styling products.
Increased innovations in the tools used for hair styling with the opinions of salon expert and also individuals pushes the manufactures to develop new products and thus boosts the growth of the market. The rise in population of social media influencers, DIY hair styling tutorials, and training videos, especially among millennials, is expected to create growth opportunities for the companies operating in the market.
HSI Professionals Glider is a versatile tool which is not just a hair straightener but also creates beach waves effectively and effortlessly with just a simple bend of the wrist. High quality ceramics plates have 8 heat balance micro sensors that regulate the temperature and evenly distributes heat. Thus, such tools have multifunction features that attract the end users, thus increasing the demand for such products in the market.
Online Stores to flourish at rapid rate
Online retailing has been showing rapid growth in the hair styling tools, as it allows ease of research, sowing product price and comparisons, as well as the ability to find offers on daily basis. The convenience of delivering the item to the door step continues to entice many time-constraint customers.
Online portals like amazon, ebay, HQhair.com, and Beauty Expert show case reviews about the hair styling products in the market. These reviews are anticipated to positively boost the credibility credentials of the firms and manufacturers in the hair styling tools market. For e.g., BaByliss holds dominance in the hair straightener categories, while BaByliss Pro holds major dominance on hair curlers, products ranging from GBP 22 to GBP 195. Thus,this allows the consumers to compare the products on online platforms, before purchase, which boosts the growth of the segment.
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Key Segments Covered:
Product Type
Manual
Electric
Hair Dryers
Hair Curlers and Rollers
Hair Straighteners
Hair Styling Brushes & Combs
Others
Application
Household
Commercial
Distribution Channel
Supermarkets/Hypermarkets
Specialty Stores
Online Stores
Others
Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Spain
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Benefits of the Report
This study presents the analytical depiction of the hair styling tools industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the hair styling tools market share.
The current market is quantitatively analyzed from 2020 to 2028 to highlight the hair styling tools market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed hair styling tools market analysis based on competitive intensity and how the competition will take shape in coming years
Questions answered in the Report
Who are the leading market players active in the hair styling tools market?
What current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?
What is "Hair styling tools" Market prediction in the future?
Which will be the niches at which players profiling with recent advancements should set a presence?
What are the driving factors and opportunities in the market?
What are the current trends and predicted trends?
What are the challenges faced in the "Hair styling tools Market?
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ABOUT US:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defence and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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