As per the latest report published by experts, the global Hair Dryer Market is estimated to develop at a substantial CAGR for the duration of the prediction period from 2015 to 2025. The Hair Dryer is an instrument that is electromechanically driven and intended to dry damp hair. The majority of people are acquainted with the daily routine of washing, dehydrating, and shaping their hair. A growing number of specialized hair salons throughout the world is likely to be the important reason for the augmented sales of hair dryers. Moreover, increasing alertness regarding individual grooming is driving the demand for the product.
Altering standard of living owing to frantic time-table of work are also considering increasing the demand for the product. Most important salon chains are capitalizing in the emerging provinces of Asia Pacific for growing their client base. Thus, an increasing number of specialized hair salons, mainly in developing areas, is likewise projected to pay to the development of the hairdryer market during the period of forecast.
Additionally, speedily increasing fashion business, particularly in developing nations, for example, Brazil, China, and India are expected to power the demand for the product. Furthermore, stages of social media for example YouTube, Pinterest, Instagram, and Facebook have performed an important part in the development of the hairdryer industry.
The manufacturing companies endorse their makes and revolutionize machinery overdrives on social media. Furthermore, augmented funds in superstar authorization by the manufacturing companies of cosmetics to inspire the target clientele will motivate the demand for the product. North America is the leading provincial market; but, Asia Pacific is estimated to observe speedy development, with a significant CAGR during the period of forecast.
Classification:
The global hair dryer market can be classified by Sales Network, End User, Product, and Region. By Sales Network it can be classified as Online, Offline. The subdivision of the online sales networks is likely to be speedily developing from 2015 to 2025. Online display places have been a necessary part for prompting the end-user favorites for procuring home electronic instruments over e-commerce display places, for example, Amazon, Walmart, and Flipkart.
By End User, it can be classified as Individual usage, Professional usage. The subdivision of Professional usage will make up the maximum market share of the hairdryer during the upcoming years.
By Product, it can be classified as Cordless, Corded, Wall-mounted Dryer, Handhold Dryer. During 2018, the subdivision of corded dryers was the biggest section of the product. It was responsible for a market share of over 80%. These products are strongly power-consuming instruments, come with the labels of a high power ranking. Thus, the corded products are measured additionally competent. On the contrary, cordless products are attaining admiration due to their easiness of usage. Companies are offering products by means of advanced technologies comprising tourmaline and ionic dryers having diverse accessories, and settings for heat and speed.
Regional Lookout:
By region, the hairdryer industry can be classified as North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. During 2018, North America was the biggest market due to the existence of target inhabitants and deep-rooted fashion businesses. The Asia Pacific is likely to be the speedily developing market because of a huge base of clients in India and China. These nations have an enormous development prospective and profitable market for the products of hairdressing comprising dryers. Local along with international companies are introducing innovative products to furnish to the increasing demand for the products of hairdressing. Thus, the modernization of the products is likely to propose several openings for the development, to the contestants, during the period of forecast.
Companies:
Some of the important companies for the hairdryer market are John Paul Mitchell Systems, Solano International, Beauty Elite Group, Dyson, Conair Corporation, Panasonic, Bio Ionic, Farouk Systems, Kangfu, TESCOM, and Philips. Additional notable companies are Elchim, SID, GHD, Dry bar, Vidal Sassoon, T3 Micro, POVOS, VALERA, Remington, Braun, Revlon, and Flyco.
Market Segment:
Hair Dryer Product Outlook (Revenue, USD Million, 2015 - 2025)
• Corded
• Cordless
Hair Dryer Application Outlook (Revenue, USD Million, 2015 - 2025)
• Professional
• Individual
Hair Dryer Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
• Offline
• Online
Hair Dryer Regional Outlook (Revenue, USD Million, 2015 - 2025)
• North America
• U.S.
• Europe
• U.K.
• Germany
• France
• the Asia Pacific
• China
• India
• Central & South America
• Brazil
• Middle East & Africa
Research Support Specialist, USA