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Hair Styling Tools Market: Rising Growth Rate, Increasing Market Size and Key Trends Analysis 2024-2029
Hair Styling Tools Market Size
What Is The Projected Market Size Of The Global Hair Styling Tools Market And Its Growth Rate?
The hair styling tools market has shown significant growth through recent years and these trends are expected to continue.
• 2024 Market Size: $32.1 billion
• 2025 Market Size: $34.41 billion (7.2% CAGR)
• 2029 Market Size: $47.09 billion (8.2% CAGR)
This growth is attributed in part to celebrity influence, changing fashion trends, professional salon industry growth, innovations in materials and design, convenience and DIY hair styling trends, sustainable and eco-friendly products, inclusion of health-friendly features, and e-commerce trends.
What Is Driving The Growth In The Hair Styling Tools Market?
The global grooming need is a key driver for the hair styling tools market. Grooming, referring to practices for maintaining a good personal appearance, is on the rise due to an increased awareness for beauty and health, confidence building, fashion trends, and self-care - creating high demand for hair styling tools. These tools, including hairdryers, hair straighteners, and hair curlers, add texture and volume to hair, enhancing personal grooming routines. According to a 2022 survey by Prim & Prep, over three-quarters of men spend time grooming to improve their appearance, indicating a growing need for personal grooming and subsequently, hair styling tools.
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Who Are the Key Players Driving Hair Styling Tools Market Growth?
• Panasonic Corporation
• Koninklijke Philips N.V.
• Dyson Limited
• Spectrum Brands Holdings Inc.
• Conair Corporation
• GHD Limited
• Remington Products LLC
• Drybar Inc.
• Farouk Systems Inc.
• Andis Company LLC
• Wahl Clipper Corporation
• Braun GmbH
• Babyliss SAS
• Curlisto
• Bio Ionic Inc.
• T3 Micro
• Rowenta GmbH & Co. KG
• Vidal Sassoon International Ltd
• Instyler
• Hot Tools Professional
• HSI Professional
• Amica International Ltd
• Infiniti Hair
• Sutra Beauty
• NuMe Hair Tools
• Harry Josh Salon
• Bed Head Professional
• ION Beauty
What Are The Key Trends In The Hair Styling Tools Market?
Key trends in the hair styling tools market include:
• Advancements in technology
• Rise of smart and connected tools
• Innovation in cordless and portable devices
• Influence of social media and beauty influencers
• Growth of multi-functional tools
What Are The Segments Of The Global Hair Styling Tools Market?
• By Type: Manual, Electric
• By Product Type: Hair Dryers, Hair Curlers And Rollers, Hair Straighteners, Hair Styling Brushes And Combs, Others (Hair Scalp Massager)
• By Distribution Channel: Hypermarkets And Supermarkets, Specialty Stores, Online Channels, Other Distribution Channels (Salons, Departmental Stores)
• By Application: Household, Commercial
Which Region Leads The Hair Styling Tools Market?
North America held the largest market share in the hair styling tools market in 2024, with Asia-Pacific expected to exhibit the fastest growth in the forecast period. The report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Hair Styling Tools Market Global Market Report?
• Market Size Analysis: Analyze the Hair Styling Tools Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Hair Styling Tools Market for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Hair Styling Tools Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Hair Styling Tools Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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