The Hair Dryer Market is being driven by Increasing low-cost hair dryers
The Hair Dryer Market is expected to grow at a CAGR of 5.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 2190.6 million. In the dynamic hair care industry, tourmaline technology has emerged as a game-changer in hair dryers. This semiprecious gemstone, known for its natural ionic and infrared properties, is increasingly being incorporated into hair dryers due to its distinct benefits. Tourmaline emits negative ions, which facilitate faster evaporation of water molecules in the hair, reducing drying time and energy consumption. Additionally, the infrared heat and negative ions lock the hair cuticles, preserving moisture and resulting in shinier hair. Suitable for all hair types and lighter in weight, tourmaline hair dryers are a preferred choice for discerning consumers, making them a significant trend in the market.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
211 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.1% |
Market growth 2025-2029 |
USD 2190.6 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
4.6 |
Key countries |
US, China, Japan, UK, India, Germany, Canada, South Korea, Italy, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Hair Dryer Market is driven by various factors including improvements in standards of living, emphasis on physical appearance, influences from movies and fashion runways, and the growing trend of personal grooming. Major salon chains and B2C enterprises promote the use of advanced hair dryers like ionic and tourmaline models. Household Appliances industry associations provide trade data and survey results to help understand market sizes and consumer purchase decisions. High-end hair dryers with advanced technologies continue to gain popularity. Performance factors such as speed, heat settings, and ease of use also influence consumer choices. Market sizes and industry trends can be monitored through industry reports and market research.
The hair dryer market falls under the small household appliances segment of the global household appliances industry. This sector generates revenue for manufacturers producing appliances designed for personal grooming and beauty, such as hair dryers. Factors driving market growth include rising standards of living, increasing consumer expenditure on personal appearance, and evolving fashion trends showcased on runways and major salon chains. The hair dryer market is subject to consumer preferences, with a focus on energy efficiency, design, and advanced features.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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