Press release
Hair Dryer Market Size Share - Industry Trends and Forecast 2017 - 2025
Hair dryers are an important grooming product used in maintaining and styling hair. It consists of an airflow concentrator, comb nozzle, and diffuser. Various products of hair dryers are used by professionals to cater to their clients. Advancements in dryer products have enhanced the lifestyle. Innovations in hair dryer products are primarily focused on technology, product features, efficiency, and cost. The costs related to hair dryers having advanced features such as automated drying, heating, as well as cooling options are higher than regular hair dryers. Companies may make new hair dryer products with advanced features in the future. The various innovations are projected to propel the growth of the hair dryer market in the near future.
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Increasing consciousness about style among people is the main factor that is playing a major role in the growth of the hair dryer market. Largely, the urban-centric population is becoming more aware about style as well as brands. Moreover, a good presentation is said to be associated with competitiveness at work. These days, consumers prefer electricity operated appliances rather than manually operated devices for hair care. Various distribution channels such as departmental stores, e-commerce platforms, and direct selling also play a vital role in the growth of the hair dryer market. Companies adopt various distribution channels to expand their reach and increase their customer base. Increasing population, growing economies, and increasing popularity of the product are some of the factors responsible for the growth of the hair dryer market. Rising impact of western lifestyles in a number of countries, mostly in developed countries is expected to boost the hair dryer market over the forecast period. However, lack of awareness about various innovative styling products and high costs related to different brands of hair dryers are some factors that may hamper the growth of this market. The impact of these factors on the growth of the hair dryer market is expected to reduce over a period of time with additional advancements.
The global hair dryer market can be segmented on the basis of distribution channel, price range, end user, and geography. Among the various distribution channels such as departmental stores, e-commerce, and direct selling, e-commerce platforms are an effective source to gain new customers owing to conveniences such as easy payment and home delivery of products. The price range segment includes sub-segments namely low price range, medium price range, and premium price range. End user segment can further be divided into professional and individual. On the basis of geography, the global hair dryer market can be segmented as . North America is one of the leading regions in the global hair dryer market and is expected to grow significantly over the forecast period. The market in Europe is also expected to grow at a steady rate owing to the increase in demand for novel products. Asia Pacific is expected to grow significantly in the next few years owing to the increasing advancements and improvement in standards of living.
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The global hair dryer market is highly fragmented with international and local players. The key players that are playing a significant role in the growth and development of the hair dryer industry include Panasonic, Philips, Conair, TESCOM, Dyson, Kangfu, Beauty Elite Group, Farouk Systems, Solano International, Bio Ionic, and John Paul Mitchell Systems.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
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A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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