24th March 2020 – Hair
Dryer Market research report interprets definition, an investigation of
significant progress in the market. It provides overall industry survey,
product description, wide array of applications, top players, and development
forecast. It enhances understanding about that market along with new business
trends.
As per the latest report published by
expert, the global Hair Dryer Market is estimated to develop at a substantial
CAGR for the duration of the prediction period from 2015 to 2025. The Hair
Dryer is an instrument that is electromechanically driven and intended to dry
the damp hair. Majority of people are acquainted with the daily routine of
washing, dehydrating, and shaping their hair. Growing number of specialized
hair salons throughout the world is likely to be the important reason for the
augmented sales of hair dryers. Moreover, increasing alertness regarding
individual grooming is driving the demand for the product.
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Altering standard of living owing to
frantic time-table of work are also considerably increasing the demand for the
product. Most important salon chains are capitalizing in the emerging provinces
of Asia Pacific for growing their client base. Thus, increasing number of
specialized hair salons, mainly in developing areas, is likewise projected to
pay to the development of the hair dryer market during the period of forecast.
Additionally, speedily increasing
fashion business, particularly in developing nations, for example Brazil,
China, and India is expected to power the demand for the product. Furthermore,
stages of social media for example You Tube, Pinterest, Instagram, and Facebook
have performed an important part in the development of the hair dryer industry.
The manufacturing companies indorse
their makes and revolutionize machineries over drives on social media.
Furthermore, augmented funds in superstar authorization by the manufacturing
companies of cosmetics to inspire the target clienteles will motivate the
demand for the product. North America is leading provincial market; but, Asia
Pacific is estimated to observe speedy development, with a significant CAGR
during the period of forecast.
Classification:
The global hair dryer market can be
classified by Sales Network, End User, Product, and Region. By Sales Network it
can be classified as Online, Offline. The subdivision of online sales network
is likely to be the speedily developing from 2015 to 2025. Online display place
have been necessary part for prompting the end user favorites for procuring
home electronic instruments over e-commerce display place, for example Amazon,
Walmart and Flipkart.
By End User it can be classified as
Individual usage, Professional usage. The subdivision of Professional usage
will make up the maximum market share of the hair dryer during the upcoming
years.
By Product it can be classified as
Cordless, Corded, Wall-mounted Dryer, Handhold Dryer. During 2018, the
subdivision of corded dryers was the biggest section of product. It was
responsible for the market share of over 80%. These products are strongly power
consuming instruments, come with the labels of high power ranking. Thus, the
corded products are measured additionally competent. On the contrary, cordless
products are attaining admiration due to the easiness of usage. Companies are
offering products by means of advanced technologies comprising tourmaline and
ionic dryers having diverse accessories, and settings for heat and speed.
Regional Lookout:
By region the hair dryer industry can be
classified as North America, Europe, Asia Pacific, Central & South America,
and Middle East & Africa. During 2018, North America was the biggest market
due to the existence of target inhabitants and deep-rooted fashion business.
Asia Pacific is likely to be the speedily developing market because of huge
base of client in India and China. These nations have an enormous development
prospective and profitable market for the products of hair dressing comprising
dryers. Local along with international companies are introducing innovative
products to furnish to the increasing demand for the products of hair dressing.
Thus, the modernization of the products are likely to propose several openings
for the development, to the contestants, during the period of forecast.
Companies:
Some of the important companies for hair
dryer market are John Paul Mitchell Systems, Solano International, Beauty Elite
Group, Dyson, Conair Corporation, Panasonic, Bio Ionic, Farouk Systems, Kangfu,
TESCOM, and Philips. Additional notable companies are Elchim, SID, GHD, Dry
bar, Vidal Sassoon, T3 Micro, POVOS, VALERA, Remington, Braun, Revlon, and
Flyco.
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