Hair Dryer Market by Type (Wired, Wireless), By Application (Professional, Individual), By Distribution Channel (Online, Offline) - Forecast(2024 - 2030)
Hair Dryer Market Overview:
Hair dryer market size was valued at USD$ 13.65 billion in 2030 and is expected to grow at a compound annual growth rate CAGR of 6% from 2023 to 2030. The market has experienced substantial growth and transformation in recent years. Hair dryers, also known as blow dryers, have become an essential tool for both professional hairstylists and individuals seeking to achieve salon-like results at home. This market overview provides a snapshot of the hair dryer industry from 2023 to 2030.
Firstly, the increasing emphasis on personal grooming and styling has boosted the demand for dryers. Consumers, particularly the younger generation, are keen on maintaining their appearance and experimenting with different hairstyles, driving the need for efficient and versatile hair styling tools.
Secondly, significant technological advancements have contributed to the market's growth. Manufacturers are integrating innovative features into hair dryers, such as ionic technology, tourmaline coatings, and infrared heat, to reduce drying time, minimize damage, and enhance overall hair health.
Lastly, the rise in disposable income and urbanization in developing economies has played a crucial role in the expansion of the market. As more individuals have the financial means to invest in grooming products, the demand has witnessed a notable uptick.
In conclusion, the market is thriving, driven by the growing focus on personal grooming, technological advancements, and increasing disposable income. As consumers continue to prioritize hair care and styling, the hair dryer industry is expected to evolve further, offering more advanced and innovative products to meet diverse consumer needs.
“Hair Dryer Market Report - Forecast (2023-2030)” by
IndustryARC, covers an in-depth analysis of the following segments in the
Market.
Attribute | Segment |
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By Type |
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By Application |
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By Distribution Channel |
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By Geography |
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Hair Dryer Market Report – Top Trends:
Advanced Technology : The market have seen significant
advancements in technology. Manufacturers are incorporating features like ionic
technology, ceramic heating elements, infrared heat, and tourmaline coatings.
These technologies help to reduce frizz, enhance smoothness, and minimize heat
damage.
Lightweight and Compact Designs : There is a growing demand
for lightweight and travel-friendly hair dryers. Consumers are looking for
portable options that are easy to carry and store, making it convenient for
both professional stylists and regular users.
Energy Efficiency : Energy-efficient hair dryers are gaining popularity due to increased environmental consciousness. Manufacturers are focusing on developing energy-saving models that consume less electricity without compromising performance.
Professional-Grade Performance : There is a rising demand for salon-quality dryers among consumers. Brands are introducing models with powerful motors, high airflow, and long-lasting performance to meet the requirements of professional stylists and individuals who seek salon-worthy results at home.
Ergonomic and User friendly features : Manufacturers are focusing on ergonomic designs that provide comfort and ease of use. Features like lightweight handles, non-slip grips, and intuitive control panels contribute to a better user experience.
Quiet Operation : Noise reduction is a significant consideration for many consumers. Hair dryer manufacturers are developing models with advanced motor technology and improved airflow systems to minimize noise levels without compromising performance.
Aesthetic and connected Features : Hair dryers are no longer just functional tools; they have become fashion accessories. Brands are incorporating stylish designs, vibrant colours, and customization options to appeal to consumers who want their hair dryer to reflect their personal style.
Key Market Players:
Product/Service launches, approvals, patents and events,
acquisitions, partnerships and collaborations are key strategies adopted by
players in the Hair Dryer Market. The top 10 companies in this industry are
listed below:
- Conair LLC
- Panasonic Holdings Corporation
- Koninklijke Philips N.V.
- Dyson Limited
- Tescom Co., Ltd.(Tescom Denki Co., Ltd)
- Spectrum Brands, Inc.
- Revlon Inc.
- Ghd Hair (Jemella Ltd)
- Harry Josh Pro Tools
- Braun GmbH (A brand of Procter & Gamble)
Scope of Report:
Report Metric | Details |
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Base Year Considered | 2023 |
Forecast Period | 2023–2030 |
CAGR | 6% |
Market Size in 2030 | $13.65 Billion |
Segments Covered | By Type, By application, By distribution channel |
Geographies Covered |
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Key Market Players |
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Hair Dryer Market is projected to grow at 6% CAGR during the forecast period 2023-2030.
Hair Dryer Market size is estimated to reach US$13.65 billion by 2030.
Top Companies in the Hair Dryer Market are Conair LLC, Panasonic Holdings Corporation, Koninklijke Philips N.V., Dyson Limited, Tescom Co., Ltd.(Tescom Denki Co., Ltd), Spectrum Brands, Inc., Revlon Inc., Ghd Hair (Jemella Ltd), Harry Josh Pro Tools, Braun GmbH (A brand of Procter & Gamble).