"Assisting You in Establishing Data Driven Brands"
The global hair dryer market size was valued at USD 8.54 billion in 2022 and is projected to grow from USD 9.01 billion in 2023 to USD 13.42 billion by 2030, exhibiting a CAGR of 5.87% during the forecast period.
Hair dryers have always been essential equipment in the beauty industry for over a century. As technology continues to advance, new trends and innovations have emerged in this market. Manufacturers in the hair appliance industry have been focusing on launching more energy-efficient and technologically advanced models of hair blowers, which will drive the product demand. Moreover, the demand for professional hair blowers has also been rising owing to the increasing trend of unique hairstyles, particularly among the young population, thereby augmenting the market share. Also, in recent times, consumers have been demanding portable and lightweight hair blower equipment as they are flexible and easy to carry while traveling. These factors are expected to drive market growth.
Government-Imposed Restrictions and Disturbances in Distribution Channel Hampered Market Growth
The pandemic disrupted the global supply chains, affecting the production and distribution of various products, including hair blowers. This led to severe raw material shortages and delays in the manufacturing of hair styling appliances, which also included hair dryers. Furthermore, economic uncertainty caused by the pandemic led some consumers to cut back on spending on non-essential products, which affected the sales of hair blowers. Also, inconsistency in raw material supply, closure of beauty retail stores, high transportation costs, and other factors also restricted the hair dryer market growth in 2020.
Changing Trends in Hair Care and Styling to Speed Up Market Progress
In recent times, consumers have been greatly influenced by popular culture, including musicians, movie stars, athletes, and other social media influencers. They keep a close eye on what people wear in popular movies, television shows, online fashion & music videos, and magazines. Moreover, effortless and low-maintenance hairstyles have become the latest fashion trend. Therefore, consumers are opting for hairstyles that look polished without requiring too much time and effort to create. Therefore, the shift in consumer fashion trends is anticipated to drive the demand for hair blowers.
Request a Free sample to learn more about this report.
Growing Establishment of Professional Hair Salons to Propel Market Growth
Rapid industrialization and urbanization have led to an increase in the construction of hair salons in developed and developing countries, such as China, India, Japan, Brazil, the U.K., and others. As people seek high-quality hair care and styling solutions, professional salons provide superior expertise, specialized services, and access to premium hair styling packages and products that might not be available at local salons. Therefore, the ever-evolving hair and beauty trends will drive the need for skilled professionals who can execute these styles effectively, thereby fostering the sales of these dryers. For instance, in July 2020, according to the data published by the Professional Beauty Association, the number of employment-based salon and spa establishments had grown by 17% over the past decade, with revenue up by 48%.
Rapid Inclination of Consumers Toward Western Lifestyle to Bolster Market Development
Consumers’ inclination toward Western lifestyles is growing in many parts of the world due to several factors, including globalization, media influence, and the perception of modernity. Globalization has led to the spread of Western media, culture, and values, making them more accessible and appealing to people dwelling in different regions. Additionally, technological advancements have made it easier for people to connect with and adopt various elements of western culture. This factor is projected to augment the demand for hair blowers. For instance, according to the Philips Global Beauty Index 2019, nearly 76% of women regularly use hair blowers. Therefore, such trends will increase consumers’ use of hair blowers.
Availability of Counterfeit Hair Styling Products to Decrease Market Revenue
Counterfeit beauty appliances, such as hair blowers from duplicate or fake brands are becoming more prevalent due to the increasing popularity of these products and the potential for significant profits for local manufacturers. However, these counterfeit hair styling products often lack proper safety measures, quality control, and warranty support, which, as a result, lowers their demand at the global level. Moreover, fake products also create confusion for customers in selecting the right product, which will affect the demand for these dryers during the forecast period.
Corded Segment to Lead Due to Consistent & Powerful Airflow Offered by Corded Hair Blowers
Based on type, the market is segregated into corded and cordless. The corded segment is projected to dominate the market as corded hair dryers provide consistent and powerful airflow, reducing customers’ concerns regarding battery life. They can be used for extended periods without the need for a recharge, making them suitable for various hair types and styles. Additionally, corded hair dryers have stronger motors, which allows for faster and more efficient drying, thereby fueling the segment’s growth.
To know how our report can help streamline your business, Speak to Analyst
Individual Segment to Dominate as Personalized Grooming is on the Rise
In terms of application, the market is segmented into individual and professional. The individual segment is expected to dominate the market as hair blowers are more commonly used by household individuals. Moreover, in households, people use styling tools regularly for personal grooming, according to their specific preferences for hairstyles. Moreover, consumers also use these blowers at their convenience as they allow them to dry and style their hair whenever they need to, and at any time. This factor is expected to foster the growth of the segment in the long run.
Offline Segment Set to Dominate Market with Hands-On Shopping Experience
The global market is divided into offline and online segments based on the distribution channel. The offline segment is predicted to dominate the market during the forecast period as in retail stores, consumers can physically inspect the hair blowers, feel their weight, examine their features, and test their controls before making a purchase.
The online segment is also anticipated to grow steadily in the coming years as online shopping offers convenience, a wide variety of options, and the ability to compare prices and read reviews easily. They also provide access to a global market, allowing consumers to explore products that might not be available locally, thus fostering the development of the segment.
Globally, the market is divided into Asia Pacific, North America, Europe, South America, and the Middle East & Africa.
Europe Hair Dryer Market Size, 2022 (USD Billion)
To get more information on the regional analysis of this market, Request a Free sample
Europe captured the highest hair dryer market share of 34.30% in the global hairdryers market in 2022. The demand for these blowers in Europe is mainly driven by the growing inclination of consumers toward a better lifestyle and high standard of living. Additionally, the increasing demand for sustainable products has fostered the need for more energy-efficient and eco-friendly models of hair blowers, which in turn, boosted the revenue of the European market. For instance, in 2020, as per the data published by the U.S. Bureau of Labor Statistics, there were 622,700 barbers, hairdressers, and estheticians in the U.S. during 2020.
The demand for hair blowers in North America and Asia Pacific is being influenced by several factors, including changes in climate, fashion & beauty trends, growing urbanization, and others. North America places a strong emphasis on personal grooming and fashion, leading to a higher demand for hair care and styling tools, such as hair blowers. Besides, with an increasing middle-class population in Asian countries, more people have disposable income to spend on personal grooming and beauty products, which as a result, has increased the demand for hairdryers in Asia Pacific. For instance, according to the World Bank, the urban population level in Asia Pacific increased from 1.29 billion in 2015 to 1.43 billion in 2020.
In South America and the Middle East & Africa, the demand for hairdryers is driven by the growing government initiatives to support small-scale salon businesses in Brazil, the U.A.E., Argentina, Saudi Arabia, and others. Moreover, the strong spread of online retail channels, which offer a wide variety of products to consumers, has also amplified the demand for these blowers in those regions.
Rising Spending of Beauty Appliance Companies on Technological Advancements to Support Market Growth
The manufacturers of hair styling tools are introducing advanced technologies to improve the appliances' efficiency, safety, and overall user experience. The companies are launching new products equipped with various high-tech features to satisfy consumers' growing demand for smart appliances. Some hair blowers have smart features, such as heat sensors, automatic shut-off, and Bluetooth connectivity to control their settings through mobile applications. Besides, advanced hair blowers allow users to customize the heat and speed settings to suit their hair type and desired styles. These factors are anticipated to accelerate the market growth. For instance, in July 2020, Tineco, one of the world's leading innovators in smart home appliance technology, expanded its business into the beauty sector by launching the next generation of smart hair blowers, the MODA ONE.
An Infographic Representation of Hair Dryer Market
To get information on various segments, share your queries with us
The market research report analyzes the market in-depth and highlights crucial aspects, such as prominent companies, product types, sales channels, and application areas. Besides this, it provides insights into the market trends and highlights significant industry developments. In addition to the aspects mentioned earlier, the report encompasses several factors that have contributed to the market's growth in recent years.
CAGR of 5.87% from 2023 to 2030
Value (USD Billion)
By Distribution Channel
Fortune Business Insights says that the global market size was valued at USD 8.54 billion in 2022 and is anticipated to reach USD 13.42 billion by 2030.
The global market will exhibit a CAGR of 5.87% over the forecast period of 2023-2030.
By type, the corded segment is predicted to dominate the market during the forecast period of 2023-2030.
The growing inclination of consumers toward the western lifestyle is likely to drive the demand for these products.
Conair LLC, Panasonic Holdings Corporation, Koninklijke Philips N.V, Dyson Limited are the leading players in this market.
Europe dominated the global market in 2022.
“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”- U.S.-based biotechnology company focussing on treatment of chronic pain.
“Kudos to your team. Thank you very much for your support and agility to answer our questions.”- Europe-based provider of solutions to automate data centre operations.
“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”- India-based manufacturer of industrial and specialty intermediates with a strong global presence.
“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”- One of the largest cosmetics company in the world.
“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”- U.S. based startup operating in the cultivated meat market.
“We received the below report on the U.S. market from you. We were very satisfied with the report.”- UGlobal hearing aids manufacturer.
“I just finished my first pass-through of the report. Great work! Thank you!”- U.S. based solar racking solutions provider.
“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”- World’s leading advisory firm.
“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”- Germany based machine construction company.
“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”- Japanese manufacturing company of stationery products.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry