Hair Dryer Market Comprehensive Growth, Research Statistics, Business Strategy, 2021 Global Size, Industry Trends, Revenue, Future Scope And Outlook 2027

(Heraldkeepers via Comtex)

Hair Dryer Market: is anticipated to reach US$ 10.77 Bn by 2026 from US$ 7.6 Bn in 2019 at a CAGR of 5.1 % during a forecast period.

Hair Dryer Market Overview:

A blow dryer, often known as a Hair Drier Market is an electromechanical device that blows hot or cold air over wet hair to speed up particle evaporation and dry the hair. Hairstyles with supporting hair accessories can also be created using a hair dryer to make the hair look more appealing. Hair dryer sales are predicted to rise due to an increase in the number of professional salons around the world. Furthermore, as people become more conscious of the value of personal grooming, the market for personal grooming products is expanding.

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Hair Dryer Market Dynamic:

The increased acceptance of western lifestyles has boosted the expansion of the hair dryer business. Rapid urbanisation and changing lifestyles are influencing the hair dryer market. The expansion of e-commerce and the availability of a wide range of products are also driving the hair dryer industry. Increased internet usage in emerging markets like China, India, and Brazil, among others, has created enormous market prospects for e-commerce businesses. Consumers who want to buy beauty and personal care items and equipment online, such as Hair Dryers, find these E-commerce companies simple and straightforward to use.

Competitive Landscape and Hair Dryer Market Share Analysis:

The competitive landscape for the Hair Dryer market provides data and statistics on many competitors. This study gives you reliable and detailed information on the major key players that are present in the market. It also provides detailed information based on accurate revenue (global and regional) information. Company description, total revenue and sales, principal business, revenue earned in the business, date of entry into the market, product introduction, recent advancements, and other details are given.

Hair Dryer Market Segmentation:

Corded dryers were the most popular product segment in 2019, accounting for more than 80% of total market share. These items are high-energy devices with high-performance labels. As a result, corded things that are delivered directly to the customer’s house are considered more efficient. Cable-free devices, on the other hand, have grown in popularity as a result of their ease of use. New devices, such as Ionic and Tourmaline Dryers, are available with a variety of attachments, speeds, and temperature settings.

The internet distribution channel is expected to be the fastest-growing segment in terms of distribution channel. Customers’ choices for purchasing home electronic equipment through e-commerce platforms have been shaped by online portals such as Flipkart, Walmart, and Amazon. Over the projection period, the market is expected to be driven by the growing number of internet and smartphone users, particularly in emerging nations such as India, China, Indonesia, and Vietnam.

Hair Dryer Market Key Players: Conair Corporation, Dyson, Koninklijke Philips, Panasonic, TESCOM, Kangfu, Beauty Elite Group, VOLO Beauty, Farouk Systems, Solano International, Bio Ionic, John Paul Mitchell System, Procter & Gamble (Braun), Groupe SEB, Spectrum Brands, Inc, Helen of Troy, Jemella Ltd (GHD), Ikonic (SSIZ INTERNATIONAL)

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Hair Dryer Market Regional Trends:

The largest regional market is North America, while Asia Pacific is expected to grow at the fastest pace of 5.6 percent during the projected period due to tremendous development potential due to the need for personal care and early technology. The MEA market, on the other hand, is still developing due to a decline in acceptance and a lack of innovation in the mass market.

The regional trends are divided into several geographical regions.

South America (Brazil etc.)Africa and the Middle East (Egypt and GCC Countries.)North America (Canada, the United States, and Mexico.)Europe (France, Germany, Russia UK, Italy, Turkey, etc.)Asia-Pacific (Japan, Philippines, Korea, Thailand, China, Australia, Indonesia, and India, Malaysia, Vietnam)

Impact of COVID-19 on the Hair Dryer Market:

The arrival of COVID-19 has caused havoc in the world and has led to a lot of changes. These changes have affected many industries and the Hair Dryer market is one of them. COVID-19 has affected well-established as well as new businesses. There are changes in the government rules and regulations that have affected the global market, a lot of problems are created due to this epidemic like sudden lockdowns had led to shutting down of some industries. The report provided by Maximize Market research helps you in providing solutions that can overcome these problems that are created by COVID-19 and help in the growth and expansion of your business.

Report Highlights:

Market estimations and forecasts.Competitive strategy and market share analysis.Trend analysis.Growth opportunities.Regional analysis and segmentation.Impact of COVID-19.

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Maximize Market Research provides B2B and B2C research on more than 12,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

Source - HeraldKeeper
Note: The Heraldkeeper News Department was not involved in the creation of this content.

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