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Global Hair Dryer Market to reach USD XX billion by 2028.

Global Hair Dryer Market to reach USD XX billion by 2028.

Product Code: ECE-80320347
Publish Date: 15-02-2022
Page: 200

Global Hair Dryer Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Hair Dryer is also known as blow dryer it is a type of electromechanical device which is basically used for to dry out the wet hair quickly. These dryer blows ambient or hot air over damp hair to speed the vanishing of water to dry the hair. The increasing product launch and technological advancement and development in the hair dryer is propelling the market growth for the hair dryer market for the forecasted period. For Instance: in 2018, Dyson Ltd. launched ‘Dyson Supersonic Hair Dryer’. This product is used for professional use with fast and focused airflow for different types of precise styling. Along with this, it provides temperature-controlled airflow to avoid hair damage due to extreme heat. In 2021, Realme is collaborating with Lifestyle brand Dizo for the launch of Realme hair dryer. Also, with the increasing technological advancements the adoption & demand for Hair Dryer is likely to increase the market growth during the forecast period. As many manufacturers are using AI technology to make hair dryers which is creating vast opportunity for the market in the forecasted period. However, high of the product impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Hair Dryer Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the dominating region across the world in terms of market share owing to the well-established fashion industry and the strong presence of target population in the region is excelling the markets growth in the North America region for the forecasted period 2021 to 2027. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as rising disposable income, rising consciousness for grooming among people and huge customer base in China and India within the region would create lucrative growth prospects for the Hair Dryer market across Asia-Pacific region.

Major market player included in this report are:
Panasonic India
Dyson
Procter & Gamble
Groupe SEB
Beauty by Imagination
Coty Inc.
Conair Corporation
ORCHIDS INTERNATIONAL
SHARP
TESCOM Co., Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Corded
Cordless
By Application:
Professional
Individual
By Distribution Channel:
Offline
Online
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Hair Dryer Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Hair Dryer Market, by Region, 2020-2028 (USD Billion)
1.2.2. Hair Dryer Market, by Product, 2020-2028 (USD Billion)
1.2.3. Hair Dryer Market, by Application, 2020-2028 (USD Billion)
1.2.4. Hair Dryer Market, by Distribution Channel, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Hair Dryer Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Hair Dryer Market Dynamics
3.1. Hair Dryer Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Increasing product launch
3.1.2. Market Challenges
3.1.2.1. High cost of the product
3.1.3. Market Opportunities
3.1.3.1. Increasing technological advancement
Chapter 4. Global Hair Dryer Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Hair Dryer Market, by Product
6.1. Market Snapshot
6.2. Global Hair Dryer Market by Product, Performance – Potential Analysis
6.3. Global Hair Dryer Market Estimates & Forecasts by Product 2019-2028 (USD Billion)
6.4. Hair Dryer Market, Sub Segment Analysis
6.4.1. Corded
6.4.2. Cordless
Chapter 7. Global Hair Dryer Market, by Application
7.1. Market Snapshot
7.2. Global Hair Dryer Market by Application, Performance – Potential Analysis
7.3. Global Hair Dryer Market Estimates & Forecasts by Application 2019-2028 (USD Billion)
7.4. Hair Dryer Market, Sub Segment Analysis
7.4.1. Professional
7.4.2. Individual
Chapter 8. Global Hair Dryer Market, by Distribution Channel
8.1. Market Snapshot
8.2. Global Hair Dryer Market by Distribution Channel, Performance – Potential Analysis
8.3. Global Hair Dryer Market Estimates & Forecasts by Distribution Channel 2019-2028 (USD Billion)
8.4. Hair Dryer Market, Sub Segment Analysis
8.4.1. Offline
8.4.2. Online
Chapter 9. Global Hair Dryer Market, Regional Analysis
9.1. Hair Dryer Market, Regional Market Snapshot
9.2. North America Hair Dryer Market
9.2.1. U.S. Hair Dryer Market
9.2.1.1. Product breakdown estimates & forecasts, 2019-2028
9.2.1.2. Application breakdown estimates & forecasts, 2019-2028
9.2.1.3. Distribution Channel breakdown estimates & forecasts, 2019-2028
9.2.2. Canada Hair Dryer Market
9.3. Europe Hair Dryer Market Snapshot
9.3.1. U.K. Hair Dryer Market
9.3.2. Germany Hair Dryer Market
9.3.3. France Hair Dryer Market
9.3.4. Spain Hair Dryer Market
9.3.5. Italy Hair Dryer Market
9.3.6. Rest of Europe Hair Dryer Market
9.4. Asia-Pacific Hair Dryer Market Snapshot
9.4.1. China Hair Dryer Market
9.4.2. India Hair Dryer Market
9.4.3. Japan Hair Dryer Market
9.4.4. Australia Hair Dryer Market
9.4.5. South Korea Hair Dryer Market
9.4.6. Rest of Asia Pacific Hair Dryer Market
9.5. Latin America Hair Dryer Market Snapshot
9.5.1. Brazil Hair Dryer Market
9.5.2. Mexico Hair Dryer Market
9.6. Rest of The World Hair Dryer Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Panasonic India
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Dyson
10.2.3. Procter & Gamble
10.2.4. Groupe SEB
10.2.5. Beauty by Imagination
10.2.6. Coty Inc.
10.2.7. Conair Corporation
10.2.8. ORCHIDS INTERNATIONAL
10.2.9. SHARP
10.2.10. TESCOM Co., Ltd.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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