Global Collapsible Hair Dryer Market to Witness Growth Acceleration by 2028

The global collapsible hair dryer market is estimated to grow at a CAGR of 4.5% during the forecast period. Hairstyling tools are equipment that is specifically developed to style an individual’s hair in a specific manner. There are various varieties available based on the purpose the user wishes to do on their hair. These hair styling tools are divided into two categories, such as traditional tools and technologically enhanced tools. The market for hair styling tools is seeing an upsurge in demand. Furthermore, tiny, portable, and travel-size hair styling equipment are gaining popularity as they are easy to transport and minimize the need to visit a salon on a regular basis. Different market participants are always introducing innovative and diverse hair styling equipment to enable individual end-users and salon professionals to achieve a fresh look. These elements contribute to the expansion of the hairstyling industry.

The increased use of modern and portable hair styling equipment, as well as the comfort and convenience they provide toend-users, drives upmarket sales of hair styling products. Big players including L’Oréal, Coty Inc., and others are expected to launch new products that will boost demand and consequently market growth. The rise in personal grooming awareness among millennials, as well as the continual rise in beauty standards, has an impact on the cosmetics business, propelling the total market growth. Social networking has grown in popularity in the worlds of fashion, makeup, and hairstyling. As a result, increased promotion, including advertisements for hair styling tools in various media channels, is gaining customer attention in the country, driving the market growth.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
  • By Distribution Channel
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape-Conair Corp., Koninklijke Philips NV, and Panasonic Corp., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Collapsible Hair Dryer Market Report by Segment

By Type

• Centrifugal
• Axial

By Application

• Household
• Commercial

By Distribution Channel

• Supermarkets/Hypermarkets
• Specialty Store
• Online Stores
• Others