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Hair Care Appliances Market Trends, Industry Share, Growth Drivers, Business Opportunities, and Demand Forecast to 2028

04-13-2023 10:04 AM CET | Health & Medicine

Press release from: Premium Market Insights

Hair Care Appliances Market

Hair Care Appliances Market

The "Hair Care Appliances Market" is expected to grow from US$ 14,440.23 million in 2022 to US$ 19,512.86 million by 2028; it is estimated to grow at a CAGR of 5.1% from 2022 to 2028

Hair care appliances are used for hair care and hair styling. The growing emphasis and focus on self-grooming and personal appearance have increased the demand for hair care appliances.
Based on distribution channel, the hair care appliances market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The market for the online retail segment is expected to grow at the fastest rate during the forecast period. Online retail is one of the most preferred distribution channels by consumers due to its shopping and product delivery convenience. Online retail stores offer various hair care appliances with discounts, and consumers can conveniently buy desirable products remotely.

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Companies Profiled in this report includes:

• Revlon Inc.
• Koninklijke Philips N.V.
• Dyson Limited
• Jemella Ltd.
• Instyler
• Kiss Products Inc.
• Toni & Guy
• Cloud Nine
• T3 Micro Inc.
• Conair LLC

Based on geography, the hair care appliances market is primarily segmented into North America, Europe, Asia Pacific (APAC), South & Central America, and the Middle East & Africa (MEA). In 2021, Asia Pacific dominated the market. The growing concern about hair health among consumers and increasing use of hair dryers among women and men across the region drive the demand for hair care appliances. Further, the presence of major manufacturers of hair care appliances in Asia Pacific is providing growth opportunities for the market.

Several industries, including consumer goods, faced unprecedented challenges due to the COVID-19 pandemic. The shortage of raw materials and labors, shutdown of factories, and other operational difficulties induced by safety protocols adversely affected the hair care appliances market. However, vaccination drives have led to a rise in business activities worldwide. The economies are reviving their operations. Thus, the demand for hair care appliances is expected to rise globally in the coming years. Key manufacturers have resumed operations, thereby restoring the production capacities of hair care appliances. The online sales of personal care products, including haircare appliances, increased steadily during the pandemic, and consumers are expected to continue with the online shopping trend in the coming years. This factor is expected to open lucrative opportunities for the haircare appliances market in the future.

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Hair Care Appliances Market Segmentation:

By Product Type:
• Dyers and Blowers
• Straighteners
• Curlers

By Distribution Channel:
• Supermarkets and Hypermarkets
• Specialty Stores
• Online Retail

The overall hair care appliances market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. Participants of this process include VPs, business development managers, market intelligence managers, and national sales managers, and external consultants-such as valuation experts, research analysts, and key opinion leaders-specializing in the hair care appliances market.

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Communications Interface Market Trends Top Manufacturers Opportunities and Forecast to 2028- https://www.marketwatch.com/press-release/communications-interface-market-trends-top-manufacturers-opportunities-and-forecast-to-2028-2023-04-10?mod=search_headline

Mineral Insulated Cable Market Emerging Growth Analysis, Future Demand and Business Opportunities 2027- https://www.marketwatch.com/press-release/mineral-insulated-cable-market-emerging-growth-analysis-future-demand-and-business-opportunities-2027-2023-04-11?mod=search_headline

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