The hair styling equipment market size will increase by 4.30 billion.  USD due to the growing advantage of hair styling equipment

The hair styling equipment market size will increase by 4.30 billion. USD due to the growing advantage of hair styling equipment

NEW YORK, in 2022 August 5 /PRNewswire/ — “Hair styling equipment market by distribution channel, end user, product, technology and geography (APAC, Europe, North America, Middle Eastand Africaand South America) – 2022-2026 the forecast and analysis report is included in Technavio’s offering. ISO 9001:2015 certified, Technavio has worked with more than 100 Fortune 500 companies for over 16 years. Hair Styling Equipment Market Potential Growth Gap According to Technavio’s latest market analysis report, from 2021 to 2026 is 4.30 billion. global consumer durables market. Increasing superiority of hair styling equipment and product innovations that enable portfolio expansion and product price increase are some of the major drivers of the market. However, factors such as the availability of counterfeit products will pose challenges to the growth of the market.

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

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

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Key market segmentation insights:

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

  • Regional opportunities: 3During the forecast period, 9% of the market growth will come from APAC. China and Japan are the main markets for hair styling equipment in APAC. Market growth in this region will be faster than market growth in other regions. Increasing disposable income, rapid urbanization, and men’s grooming trend will facilitate the growth of the hair styling equipment market in the APAC region during the forecast period.

  • Analysis of revenue generating segments: The hair styling equipment market share in the offline segment will grow during the forecast period. The offline distribution channel consists of specialty stores; shopping malls, supermarkets, convenience stores, etc. In particular, large supermarkets such as Walmart and Target offer hair styling equipment, and the growing number of stores and business expansion by retailers has increased the demand for this equipment. In addition, salons and spas are slowly gaining popularity among consumers with busy schedules. Thus, expansion of offline distribution channels will drive market growth during the forecast period.

Check out our sample report For additional insights into the contribution of all segments and regional opportunities

Market vendor scenery

  • The Hair Styling Equipment market is fragmented and vendors are adopting organic and inorganic growth strategies to compete in the market. Vendors seek to gain more market share by using different strategies and innovations to differentiate themselves from their competitors.

  • To take full advantage of the post-pandemic impact, market sellers should focus more on the growth prospects of high-growth segments while maintaining their positions in slow-growth segments.

  • The Hair Styling Equipment Market Forecast Report offers in-depth insights into the key vendor profiles. The profiles provide information on the production, sustainability and outlook of the leading companies.

  • As hairstyle trends are constantly changing, hair stylists and professionals in salons and spas require advanced hair styling equipment to achieve the desired results. Manufacturers provide travel-sized devices for consumers who need easy-to-carry equipment when 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 volume as hair styling equipment.
    Hindustan Unilever Ltd. offers hair care products such as hair texture and hold, hair restoration and more under the Tigi brand.

Some of the companies mentioned with their offers

  • To gain access to more supplier profiles with their key offerings available through Technavio, Download a sample report

Related reports:

Hair styling products market Europe by product and geography – 2022-2026 forecast and analysis: Market share of hair styling products Europe expected to increase to US dollars, 1.43 billion from 2021 to 2026

Market for wigs and hair extensions by product and geography – 2022-2026 forecast and analysis:The market share of wigs and hair extensions is expected to increase US dollars, 5.26 billion from 2021 to 2026

Hairspray market by product and geography – 2021-2025 forecast and analysis: The market share of hairspray should increase US dollars, 3.78 billion from 2020 to 2025 at a CAGR of 10.27%.

Hair products market by product and geography – 2021-2025 forecast and analysis: This hair product research report may grow US dollars, 16.43 billion 2021-2025, and the market growth rate will accelerate to 3.73% CAGR.

Hair Styling Equipment Market Scope

Notice of coverage

Details

Page number

120

Base year

in 2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at 5.5% CAGR

Market growth 2022-2026

4.30 billion dollars

Market structure

Broken down

growth per year (%)

5.1

Regional analysis

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

Market contribution

APAC – 39 percent.

Main user countries

USA, China, Japan, Germany and UK

A competitive place

Leading companies, competitive strategies, scope of consumer involvement

Companies are profiled

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

Key Market Analysis, Market Growth Drivers and Barriers, Fast Growing and Slow Growing Segments Analysis, Impact of COVID 19 and Future Consumer Dynamics and Market Condition Analysis in the Forecast Period.

Customization area

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Main topics covered:

1 Summary

2 Market scenery

3 Determining the size of the market

4 Five forces analysis

5 Market segmentation by distribution channel

6 Market segmentation by end user

7 Market segmentation by products

8 Market segmentation by technology

9 Customer landscape

10 Geographical landscape

11 Drivers, Challenges and Trends

12 Vendor landscape

13 Seller Analysis

14 Appendix

About us

Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions.

Technavio’s report library of more than 500 specialized analysts consists of more than 17,000 reports covering 800 technologies spanning 50 countries. Their customer base includes companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and real-world market insights to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios.

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