Hair Dryer Market Size, Share, Growth, and Industry Analysis, By Type (Handhold Dryer and Wall-mounted Dryer), By Application (Household and Commercial), Regional Insights, and Forecast To 2032

Updated On: 01 April 2024

Hair Dryer Market REPORT OVERVIEW

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The global hair dryer market size was USD 2179 million in 2021 and market is projected to touch USD 4517 million by 2032, exhibiting a compound annual growth rate (CAGR) of 6.8% during the forecast period.

To speed up water evaporation and dry the hair, an electromechanical device known as a hairdryer, or blow drier, blows ambient or hot air over moist hair. Blower dryers enhance control over the shape and style of hair by accelerating and regulating the generation of transient hydrogen bonds within each strand. These bonds are effective in shaping hair more effectively than the sulphur bonds produced by permanent wave treatments, but they are also temporary and highly vulnerable to moisture. They vanish after just one hair wash.

People frequently use dryers to immediately style their hair. Drying hair naturally typically takes a long time. Hair dryer market is growing as a result of their simplicity of use, together with breakthroughs in manufacturing technology and creative product ideas. The hair dryer is offered in many categories based on the various heating and functioning processes, including ceramic, titanium, and ionic hairdryers. Each of them specialises in a particular way of meeting customer needs. Manufacturers now concentrate on releasing digital touchscreen-based hair dryers to provide users with cutting-edge consumer electronics. Sales of electronic hairdryers are anticipated to be supported by consumer preference for multi-functional hair dryers that make grooming easier and more convenient.

The market will develop as a result of a reduction in product demand in settings including hair salons and beauty & spa clinics. Due to the rising number of people who are concerned with their appearance and fashion, as well as the changing lifestyle preferences of the younger generation, the hair dryer global market is anticipated to expand significantly in the forthcoming years. The demand for the product is projected to increase globally as women's hairstyle trends change. Additionally, consumers may get interested in purchasing such products if developing companies regularly provide creative products, which promotes market expansion.

COVID-19 Impact: Lack of Social Gatherings led to Hamper Market Growth

The COVID-19 pandemic had a negative effect on the hair dryer market. Beauty salons and spas were closed for a prolonged period as a result of strict government rules and shutdowns. As a result, hair dryer sales fell. Due to people remaining in and a lack of social gatherings, demand for these commodities also decreased. Although staff members can significantly slow down the transmission of the virus by taking preventive measures including thermal screening of individuals, hair dryers have the capacity to do so. This could hinder the growth of the hair dryer industry.

LATEST TRENDS

"Hair dryer in the lightweight can Boost Market Growth"

Next-generation smart hair dryers are paving the way for new developments in the hair dryer market as automation is playing a significant role in controlling airspeed and heat to reduce hair damage. One of the improvements in next-generation hair dryers is a smart drying experience to prevent hair damage. Given their portability and affordability, hair dryers are projected to become more popular. Professionals appreciate the hair dryer because it is lightweight and simple to use, thus these people work for us in a salon together. The convenience requirements of those who are constantly on the go are being met by the use of lithium silicon batteries in cordless hair dryer market.

Hair Dryer Market SEGMENTATION

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• By Type

Based on type; the Hair Dryer market is divided into Handhold Dryer and Wall-mounted Dryer.

In terms of product, handhold dryer type is the largest segment.

• By Application

Based on application; the Hair Dryer market is divided into Household and Commercial.

In terms of application, Household is the largest segment.

DRIVING FACTORS

"Increasing Demand for smart hair dryer to Enhance Market Growth"

Smart hair dryer is revolutionising the hair dryer market. In order to optimise the amount of heat applied to the hair and provide customers with shiny, healthy results, manufacturers are speeding up their efforts to develop smart moisture and proximity sensors for hair dryers. Automation is crucial for regulating temperature and airflow without damaging hair.

"Technological Advancements in Portable hair dryers to Augment Market Growth"

 Hair dryer market growth is in the demand. Also, the portable hair dryer market is increasing because they are frequently used for extended periods of time in salons. Many businesses are talking about using infrared technology, an innovative technology, into their hair dryers to give them a competitive edge. Companies make little adjustments to hair dryers to increase its viability as a commercial product in salon settings. They also invest in the study of different hair dryer models that are appropriate for professional use.

RESTRAINING FACTORS

"Increasing Cases of Hair Damage can Led to Hamper Market Growth"

The performance of the Hair Dryer might be hampered by slow reaction times. Over usage of hair dryer can led to hair damage and this process decline the market growth. Regularly used haircare items, especially dryers, are regarded as effective cleaners and quality keepers for hair. However, if they are used incorrectly, they can gravely harm a person's hair by diminishing its quality, altering its texture, and causing hair breakage. The majority of these issues are also a result of residues from dryers that are left in the hair and on the scalp after insufficient cleaning. These residues have an adverse effect on a person's scalp and hair. The likelihood of hair damage increases when using a hair dryer. Because they tangle hair and can result in hair loss, they are the most frequently utilised hair damage.

Hair Dryer Market REGIONAL INSIGHTS

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"North America to Dominate Market Share During 2022-2032"

Given that numerous luxury salon chains are opening salons in different countries throughout the world, the North American hair dryer market share is anticipated to expand during the projected period with a strong CAGR. The demand for the market is being fuelled by the growth of these salons in developing nations like Brazil, China, and India. The product sales of different organisations in the hair dryer market are being boosted by the convenient peed settings in the hair dryers. Another technique that is influencing the industry is the addition of moisture to the hair strands using a proprietary mineral compound.

KEY INDUSTRY PLAYERS

The research provides a full overview of the analysis of the major Hair dryer market aspects, including sales value, sales volume, market revenue, and demand size, as well as sales growth, pricing analysis, and changing regional market growth factors. The market participants and their respective positions within the industry are discussed in the report. Data is being collected and made available through proper research, mergers, technical advancement, growing production facilities, and cooperation. The study on materials contains information on producers, locations, types, applications, sales channels, and distributors.

List of Market Players Profiled

• Conair (U.S.)
• Panasonic (Japan)
• Dyson (Asia Pacific)
• Philips (Netherlands)
• Flyco (China)
• Tescom (U.S)
• Revlon (U.S.)
• Vidal Sassoon (U.S.)
• Braun (Germany)
• Drybar (U.S.)
• Remington (U.S.)
• GHD (U.S.)
• VALERA (U.S.)
• CONFU (Belgium)
• POVOS (China)
• SID (India)
• T3 Micro (U.S.)
• Elchim (Italy)

REPORT COVERAGE

The report helps in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns and so on. Includes a chapter on the impact of covid-19 pandemic on the market. The data is further compiled & validated through various market estimation & data validation methodologies. The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The report also provides information about the top-winning strategies implemented by industry players.