The size of the hair styling equipment market will grow by $ 4.30 billion due to the growing benefit of hair styling equipment

The size of the hair styling equipment market will grow by $ 4.30 billion due to the growing benefit of hair styling equipment

NEW YORK, August 5, 2022 / PRNewswire / – The “Hair Styling Equipment Market by distribution channel, end user, product, technology and geography (APAC, Europe, North America, Middle EastAnd AfricaAnd South America) – The 2022-2026 Forecast and Analysis report “has been added to Technavio’s offering. With ISO 9001: 2015 certification, Technavio is proud to have partnered with over 100 Fortune 500 companies for over 16 years. The potential growth difference for the hair styling equipment market between 2021 and 2026 is $ 4.30 billion, according to Technavio’s latest market analysis report. Technavio analysts ranked the global styling equipment market of hair as a part of the global leisure products industry within the global market for durable goods for the home. The growing advantage of hair styling equipment and product innovations leading to portfolio extension and product premiumization are some of the main drivers of the market. However, factors such as the availability of counterfeit products will challenge market growth.

Technavio announced its latest market research report titled Hair Styling Equipment Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

Technavio announced its latest market research report titled Hair Styling Equipment Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

For the main market dynamics and their impact analysis, Request a FREE sample now!

Key insights into market segmentation:

The Hair Styling Equipment market report is segmented by distribution channel (offline and online), end user (professional and individual), product (hair dryer, straightener and styler), technology (wired and wireless) and geography (APAC, Europe, North America, Middle East And AfricaAnd South America).

  • Regional opportunities: 39% of the market growth will come from APAC during the forecast period. China And Japan are the key markets for the hair styling equipment market in APAC. Market growth in this region will be faster than market growth in other regions. Rising disposable income, rapid urbanization and the trend towards grooming among men will facilitate the growth of the hair styling equipment market in APAC over the forecast period.

  • Revenue-generating segment analysis: The growth in the hair styling equipment market share by the offline segment will be significant during the forecast period. The offline distribution channel includes specialty stores; hypermarkets, supermarkets, minimarkets and others. First, hypermarkets like Walmart and Target offer hair styling equipment, and an increase in the number of stores and business expansion by retailers has fueled demand for this equipment. Furthermore, salons and spas are gradually gaining popularity among consumers with busy working hours. Therefore, the expansion of offline distribution channels will drive the growth of the market during the forecast period.

View our sample report for further information on the contribution of all segments and on regional opportunities

Market vendor landscape

  • The hair styling equipment market is fragmented and suppliers are implementing organic and inorganic growth strategies to compete in the market. Suppliers aim to gain greater market share with different strategies and innovations to differentiate themselves from competitors.

  • To make the most of opportunities and recover from the post-pandemic impact, market providers should focus more on growth prospects in fast-growing segments, while maintaining their positions in slow-growing segments.

  • The Hair Styling Equipment Market Forecast report offers insights into key supplier profiles. Profiles include information on manufacturing, sustainability and the prospects of leading companies.

  • As hairdressing trends change all the time, hairdressers and professionals in salons and spas require advanced hairdressing equipment to achieve the desired results. Manufacturers provide travel appliances for consumers who require easy portable equipment while traveling.

  • Companies offer innovative products and solutions to stay at the top of the market. For example, Conair Corp. offers a wide range of hair styling equipment such as hot air brushes, flat irons, curling irons, and stylers. Helen of Troy Ltd. offers Revlon salon one-step hair dryer and volumize as hair styling equipment.
    Hindustan Unilever Ltd. offers hair care products such as hair texture and hold, hair repair and others under the Tigi brand.

Some companies mentioned with their offers

  • To access multiple supplier profiles with their key offers available with Technavio, Download the sample report

Related reports:

Hair Styling Products Market Europe by product and geography – Forecasts and analyzes 2022-2026: The market share of hair styling products Europe should rise to 1.43 billion dollars from 2021 to 2026

Hair wigs and extensions market by product and geography – Forecasts and analyzes 2022-2026:The market share of wigs and hair extensions is expected to increase by 5.26 billion dollars from 2021 to 2026

Hair spray market by product and geography – Forecasts and analysis 2021-2025: The market share of hair sprays is expected to increase 3.78 billion dollars from 2020 to 2025 at a CAGR of 10.27%.

Hair products market by product and geography – Forecasts and analysis 2021-2025: This hair product research report has the potential to grow 16.43 billion dollars in the period 2021-2025 and the growth momentum of the market will accelerate at a CAGR of 3.73%.

Market scope of hair styling equipment

Report coverage

Details

Page number

120

Reference year

2021

Forecast period

2022-2026

Moment of growth and CAGR

Accelerate with a 5.5% CAGR

Market growth 2022-2026

$ 4.30 billion

Market structure

Fragmented

Year-on-year growth (%)

5.1

Regional analysis

APAC, Europe, North America, the Middle East and Africa and South America

Contribution of the performing market

APAC at 39%

Key consumer countries

United States, China, Japan, Germany and the United Kingdom

Competitive landscape

Leading companies, competitive strategies, area of ​​consumer involvement

Profiled companies

Andis Co., Beauty Elite Group, Conair Corp., Coty Inc., Dafni Hair, Deva Concepts LLC, Drybar Holdings LLC, Dyson Ltd., Elchim Spa, Farouk Systems Inc., Hamilton Beach Brands Holding Co., Helen of Troy Ltd .., Hindustan Unilever Ltd., John Paul Mitchell Systems, Koninklijke Philips NV, LVMH Moet Hennessy Louis Vuitton SE, Panasonic Corp., Spectrum Brands Holdings Inc., TESCOM Co. Ltd. and The Procter and Gamble Co.

Market dynamics

Core Market Analysis, Market Growth Inductors and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, and Market Condition Analysis for the Forecast Period.

Expertise for customization

If our report did not include the data you are looking for, you can contact our analysts and customize the segments.

Navigate At the consumer’s discretion Relationships

Key topics covered:

1 Executive summary

2 Market panorama

3 Sizing of the market

4 Analysis of the five forces

5 Market segmentation by distribution channel

6 Market segmentation by end user

7 Market segmentation by product

8 Market segmentation by technology

9 Customer landscape

10 Geographic landscape

11 Drivers, challenges and trends

12 Vendor landscape

13 Supplier Analysis

14 Appendix

Who we are

Technavio is a world-leading technological research and consultancy company. Their research and analysis focuses on emerging market trends and provides useful information to help companies identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of over 17,000 reports and counts, covering 800 technologies, in 50 countries. Their customer base is made up of businesses of all sizes, including more than 100 Fortune 500 companies. This growing customer base is based on Technavio’s comprehensive coverage, in-depth research and actionable market insights to identify opportunities in the existing and potential markets and assess their competitive positions within evolving market scenarios.

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Technavio (PRNewsfoto / Technavio)

Technavio (PRNewsfoto / Technavio)

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