Hair Care Appliances Market Size and Industry Forecast to 2028
The hair care appliances market is expected to grow from US$ 14,440.23 million in 2022 to US$ 19,512.86 million by 2028; it is estimated to grow at a CAGR of 5.1% from 2022 to 2028.
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.
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Hair Care Appliances Market: Strategic Insights
Hair Care Appliances Market
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CAGR (2022 - 2028)
5.1%
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Market Size 2022
US$ 14.44 Billion
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Market Size 2028
US$ 19.51 Billion
Market Dynamics
GROWTH DRIVERS
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FUTURE TRENDS
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OPPORTUNITIES
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Key Players
- Revlon Inc
- Koninklijke Philips N V
- Dyson Limited
- Jemella Ltd
- Instyler
- Kiss Products Inc
- Toni Guy
- Cloud Nine
- T3 Micro Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Product Type
- Dryers and Blowers
- Straighteners
- Curlers
Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Store
- Online Retail
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Hair Care Appliances Market: Strategic Insights
-
CAGR (2022 - 2028)5.1% -
Market Size 2022
US$ 14.44 Billion -
Market Size 2028
US$ 19.51 Billion
Market Dynamics
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Key Players
- Revlon Inc
- Koninklijke Philips N V
- Dyson Limited
- Jemella Ltd
- Instyler
- Kiss Products Inc
- Toni Guy
- Cloud Nine
- T3 Micro Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Dryers and Blowers
- Straighteners
- Curlers
- Supermarkets and Hypermarkets
- Specialty Store
- Online Retail
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Market Insights
Product Innovation to Provide Lucrative Growth Opportunities during Forecast Period
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.
Product Type Insights
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.
Hair Care Appliances Market Report Scope
Report Attribute
Details
Market size in 2022
US$ 14.44 Billion
Market Size by 2028
US$ 19.51 Billion
Global CAGR (2022 - 2028)
5.1%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Product Type - Dryers and Blowers
- Straighteners
- Curlers
By Distribution Channel - Supermarkets and Hypermarkets
- Specialty Store
- Online Retail
Regions and Countries Covered
North America - US
- Canada
- Mexico
Europe - UK
- Germany
- France
- Russia
- Italy
- Rest of Europe
Asia-Pacific - China
- India
- Japan
- Australia
- Rest of Asia-Pacific
South and Central America - Brazil
- Argentina
- Rest of South and Central America
Middle East and Africa - South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Market leaders and key company profiles
- Revlon Inc
- Koninklijke Philips N V
- Dyson Limited
- Jemella Ltd
- Instyler
- Kiss Products Inc
- Toni Guy
- Cloud Nine
- T3 Micro Inc
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Attribute | Details |
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Market size in 2022 | US$ 14.44 Billion |
Market Size by 2028 | US$ 19.51 Billion |
Global CAGR (2022 - 2028) | 5.1% |
Historical Data | 2020-2021 |
Forecast period | 2023-2028 |
Segments Covered |
By Product Type
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Regions and Countries Covered | North America
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Market leaders and key company profiles |
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Spotlights
- Progressive trends in the hair care appliances industry to help players develop effective long-term strategies
- Business growth strategies adopted by companies to secure growth in developed and developing markets
- Quantitative analysis of the global hair care appliances market from 2020 to 2028
- Estimation of the demand for hair care appliances across various industries
- Pest analysis to illustrate the efficacy of buyers and suppliers in the hair care appliances industry
- Recent developments to understand the competitive market scenario and the demand for hair care appliances
- Market trends and outlook, and factors governing the growth of the market, including drivers and restraints
- Understanding about the strategies that underpin commercial interest into the global hair care appliances market growth, aiding in the decision-making process
- Hair towel wrap market size at various nodes of market
- Detailed overview and segmentation of the hair care appliances market and its industry dynamics
- The hair care appliances market size in various regions with promising growth opportunities
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.
Company Profiles
- Revlon Inc.
- Koninklijke Philips N.V.
- Dyson Limited
- Jemella Ltd.
- Instyler
- Kiss Products Inc.
- Toni & Guy
- Cloud Nine
- T3 Micro Inc.
- Conair LLC
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type, and Distribution Channel
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The increased availability of hair care appliances across various retail outlets at affordable prices is driving the demand for hair care appliances across the world. The availability of hair care appliances across various distribution channels including supermarkets & hypermarkets, specialty stores, and online retail is another factor driving the hair care appliances market. Consumers are increasingly purchasing various goods from online shopping platforms owing to heavy discounts, availability of a wide range of products of different brands, customer reviews and ratings, and home delivery services.
During the forecast period, the online retail segment is expected to be the fastest-growing segment. The increased availability of hair care appliances on online retail channels as well as an increasing number of online shoppers is expected to propel the growth of the online shopping segment.
In 2021, the supermarkets and hypermarkets segment held the largest market share of the global hair care appliances market. Supermarkets and hypermarkets are huge retail establishments offering an extensive range of products, such as groceries, personal care, and household products. These stores provide hair care appliances of various brands at reasonable prices, allowing shoppers to find the right product quickly.
In 2021, the hair dryer and blowers segment held the largest market share of the global hair care appliances market. The increased use of hair dryers by men across the world is driving the demand for dryers and blowers. Along with this, manufacturers are also offering products with innovative technologies, including ionic and tourmaline dryers with different attachments, speeds, and heat settings.
The major players operating in the hair care appliances market are Revlon Inc., Koninklijke Philips N.V., Dyson Limited, Jemella Ltd., Instyler, Kiss Products Inc., Toni & Guy, Cloud Nine, T3 Micro Inc., Conair LLC
In 2021, Asia-Pacific accounted for the largest share of the global hair care appliances market. The increased prevalence of hair health-conscious consumers, the growing influence of social media on consumers, and the increased availability of hair care appliances at affordable prices are primarily driving the hair care appliances market growth.
The List of Companies - Hair Care Appliances Market
- Revlon Inc.
- Koninklijke Philips N.V.
- Dyson Limited
- Jemella Ltd.
- Instyler
- Kiss Products Inc.
- Toni & Guy
- Cloud Nine
- T3 Micro Inc.
- Conair LLC