Salon Hooded Hair Dryer Market Size, Share, Growth, and Industry Growth, By Type (Low, Medium, High, and Luxury End), By Application (Women and Men), Regional Insights, and Forecast To 2031

Updated On: 01 April 2024

Salon Hooded Hair Dryer Market REPORT OVERVIEW

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The global salon hooded hair dryer market size was USD 9012 million in 2021 and market is projected to touch USD 16904 million by 2031, at a CAGR of 6.49% during the forecast period.

A salon hooded hair dryer is an electric appliance used by salon professionals to dry hair. A hairdryer is a necessary styling tool for hair after a shower or can be used at home for at-home styling instead of going to the salon. Blow dryers, another name for hair dryers, are appliances used to dry out damp hair swiftly. This electromechanical gadget blows hot air over wet hair to help dry it and evaporate the water. 

Growing sales of hair dryers worldwide and increased consumer awareness of the hair dryer's role in personal grooming contribute to the market's expansion and the number of professional salons worldwide. The demand for hair dryers is also increasing due to changing lifestyles and demanding work schedules. The population frequently uses dryers to style their hair immediately. 

Hair drying naturally typically takes a long time. Hairdryers are becoming more popular due to their simplicity of use and breakthroughs in manufacturing technology and creative product ideas. Ionic hair dryers, Titanium hair dryers, and Ceramic hair dryers are just a few of the different kinds of hair dryers available based on distinct heating and functioning techniques. Each of them has a certain purpose.

COVID-19 Impact: Closing Salons During the Pandemic Increased Product Sales

The epidemic caused great concern for health as the salons were closed, which limited the growth of this product. The lack of desire for the product during the pandemic was further attributed to the dread of visiting salons and spas even after the outbreak. The use of thermal scanners and other measures to assure safety at the salons was ensured because the hand-held dryers may potentially transfer the virus, leading to a slow expansion in this area.

LATEST TRENDS

"Rising Number of Salons to Drive Market Trends"

Sales of salon hooded hair dryers are anticipated to be primarily driven by an increase in the number of proficient salons worldwide. Demand for products is also driven by growing consumer awareness of personal grooming. Many salons are choosing skilled hair appliances such as hair straighteners and dryers. Therefore, it is projected that the expansion of the hair dryer market throughout the forecast period would be influenced by the expanding number of professional hair salons, particularly in emerging markets. These hair dryers promise to offer consumers a salon-ready look at the home and guard against breakage or dryness.

Salon Hooded Hair Dryer Market Segmentation

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• By Type Analysis

By type, the market is segmented into low, medium, high, and luxury ends.

• By Application Analysis

Based on application, the market is classified into women and men.

The women segment is predicted to hold a leading position in the market as women are more concerned about their appearance and have frequent visits to salons. 

DRIVING FACTORS

"Growing Preference for Cordless Appliances to Offer Growth Opportunities"

The preference for salon hooded hair dryers is expected to increase due to their various properties, such as lightweight, portability, and easy usage. These are frequently preferred when traveling due to their long-run battery life and feasibility. They are frequently chosen when traveling because they are portable and run on batteries, so there is no need for power outlets. These factors increase the demand for cordless hair dryers, and manufacturers are responding by releasing brand-new models with cutting-edge capabilities. These factors are forecasted to serve the salon hooded hair dryer market growth. 

"Rising Concern About Good Appearance Among the Population to Propel Market Growth"

The rising number of people concerned with their appearance and fashion, coupled with the changing lifestyle fads of the younger generation. The demand for the product is projected to rise globally due to changing hairdo trends among female consumers. Additionally, emerging businesses' constant release of novel items to encourages consumer interest in purchasing them, which fuels market expansion. For instance, Panasonic India introduced a new hair dryer using their Nano Technology in 2020. The new hair dryer offers soft and strong airflow for better styling and causes the least heat damage. It also comes with two distinct nozzle sets, set nozzle and quick dry nozzle.

RESTRAINING FACTORS

"Increasing Hair Damage by Using Advanced Appliances to Create Roadblocks for the Market"

Using electric appliances such as hair dryers, straighteners, and curlers damages hair, which is predicted to hamper the salon-hooded hair dryer market growth. Using a hair dryer affects the shine and health of hair.

Salon Hooded Hair Dryer Market REGIONAL INSIGHTS

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"Asia Pacific to Lead the Market Owing to the Rising Number of Salons"

Asia Pacific is estimated to grow at a significant CAGR due to the rising number of professional salons across various regions. The emerging nations are anticipated to have great potential owing to the region's rising number of salons and hairdressing products. Major salon hooded hair dryer chains are investing in Asia Pacific's developing nations to expand their clientele.

Europe is predicted to hold a sizable part of the salon hooded hair dryer market share owing to the technological advancements in beauty appliances. The retail outlets put more of an emphasis on the adoption of hairstyling products, such as strong hair dryers that reduce waiting time and enable improved client care in hair care facilities such as spas and salons.

KEY INDUSTRY PLAYERS

"Market Players Focus on New Product Launches to Strengthen Market Position"

Leading players in the market are adopting various strategies to expand their presence in the market. These include R&D investments and the launch of new, technologically-advanced products in the market. Some companies are also adopting strategies such as partnerships, mergers, and acquisitions to strengthen their market position.    

List of Market Players Profiled

• Mefeir (U.S.)
• Hot Tools (U.S.)
• Orion Motor Tech (India)
• Salon Sundry (U.S.)
• Giantex (U.S.)
• Conair (U.S.)
• Gold'N (U.K.)
• ZENY (U.S.)
• Ovente (U.S.)
• Pibbs (U.S.)
• Babyliss (France)

REPORT COVERAGE

The market research study offers thorough information on numerous market aspects. The growth drivers, restraints, geographical analysis, competitive environment, and challenges are a few of them. Additionally, it provides an analytical analysis of market trends and projections for stem cells to show potential investment areas. From 2021 through 2031, the market is objectively assessed to determine its financial viability. The report's data was compiled using a variety of primary and secondary sources.