Publication Month: Jul 2022 |
Report Code: TIPRE00029533
| No. of Pages:
| Category: Consumer Goods
| Status: Published
No. of Pages 138
The growing emphasis and focus on self-grooming and personal appearance have increased the demand for hair care appliances. The appliances help in reducing the damage to the hair and styling the hair in a particular manner.
In 2021, Asia Pacific dominated the global hair care appliances market. The increasing consciousness about hair health, growing influence of social media on consumers, and rising availability of hair care appliances at affordable prices are primarily driving the market growth. Further, hair care appliance manufacturers in Asia Pacific are developing innovative hair care appliances. For instance, in July 2020, Koninklijke Philips N.V., Philips India launched a range of high-tech haircare devices, such as hair straighteners and dryers, under the brand SenseIQ. The products use active sensors to measure hair’s temperature while styling. Several market players are also planning to spend more on marketing activities to raise consumer awareness of their product, which would provide growth opportunities for the market during the forecast period.
|Market Size Value in||US$ 14,440.23 Million in 2022|
|Market Size Value by||US$ 19,512.86 Million by 2028|
|Growth rate||CAGR of 5.1% from 2022 to 2028|
|No. of Pages||138|
|No. of Tables||58|
|No. of Charts & Figures||74|
|Historical data available||Yes|
|Segments covered||Product Type, and Distribution Channel|
|Regional scope||North America; Europe; Asia Pacific; Latin America; MEA|
|Country scope||US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Free Sample Copy Available|
The manufacturers of haircare appliances are significantly investing in new product development to launch innovative products that can meet the changing requirements of consumers. Consumers are highly concerned about the hair damage caused by heating tools. Therefore, manufacturers are developing products with temperature control technology that cause minimal damage to the hair, even after extended usage. For instance, in January 2020, FOLLICLE, LLC launched cordless, rechargeable, and smart hair dryers with patented SmartDry AI Tech technology, which controls temperature and fan speed. Similarly, in September 2021, SharkNinja Holding LLC, a global manufacturer of homecare and beauty appliances, launched Shark HyperAIR Hair Dryer with HyperAIR IQ Technology that combines high-velocity heated air and ionized air to deliver fast drying with minimal heat damage. Therefore, rising development of innovative hair care appliances from various manufacturers is expected to provide growth opportunities for the market during the forecast period.
Based on product type, the hair care appliances market is segmented into dryers and blowers, straighteners, curlers, and others. In 2021, the dryers and blowers segment held the largest market share. Hair dryer is an electromechanical device that blows ambient or hot air over damp hair to speed up the evaporation of water to dry the hair. Blow dryers enable better control over the shape and style of hair.
Revlon Inc., Koninklijke Philips N.V., Dyson Limited, Jemella Ltd., Instyler, Kiss Products Inc., Toni & Guy, Cloud Nine, T3 Micro Inc., and Conair LLC are a few key players operating in the hair care appliances market. The major players adopt various strategies, such as mergers and acquisitions and product launches, to expand their geographic presence and consumer base.
The "Hair Care Appliances Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the hair care appliances market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The hair care appliances market is segmented on the basis of product type, distribution channel, and geography. Based on product type, the market is segmented into dryers and blowers, straighteners, curlers, and others. Based on distribution channel, the market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. Based on geography, the hair care appliances market is primarily segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. In 2021, the dryers and blowers segment held the largest market share and is also expected to be the fastest growing segment over the forecast period.