Global Hair Dryer Market Size & Outlook, 2022-2030
The hair dryer industry worldwide is expected to reach a projected revenue of US$ 12,568.4 million by 2030. A compound annual growth rate of 5.1% is expected of the worldwide hair dryer industry from 2023 to 2030.
Revenue, 2022 (US$M)
$8,429.7
Forecast, 2030 (US$M)
$12,568.4
CAGR, 2023 - 2030
5.1%
Report Coverage
Worldwide
Global hair dryer market, 2018-2030 (US$M)
Related Markets
Global hair dryer market highlights
- The global hair dryer market generated a revenue of USD 8,429.7 million in 2022 and is expected to reach USD 12,568.4 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.1% by 2030.
- In terms of segment, corded accounted for a revenue of USD 6,964.5 million in 2022.
- Cordless is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 8,429.7 million |
| Market revenue in 2030 | USD 12,568.4 million |
| Growth rate | 5.1% (CAGR from 2022 to 2030) |
| Largest segment | Corded |
| Fastest growing segment | Cordless |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Corded, Cordless |
Other key industry trends
- In terms of revenue, the North America accounted for 33.7% of the global hair dryer market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 2,922.6 million by 2030.
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Hair Dryer Market Scope
Hair dryer market segmentation & scope
Hair Dryer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global hair dryer market size, by regions, 2018-2030 (US$M)
Top 10 countries: Hair dryer market size, 2022 (US$M)
Global hair dryer market share, by product, 2022 & 2030 (%, US$M)
Hair dryer market: Opportunity assessment by country
Global hair dryer market, by region, 2022 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,683.0 | 2,777.7 | 2,681.7 | 2,789.7 | 2,841.6 | 2,925.3 | 3,029.5 | 3,151.2 | 3,287.7 | 3,448.8 | 3,625.9 | 3,824.3 | 4,091.0 | 4.7% |
| Europe | 1,677.2 | 1,742.6 | 1,688.4 | 1,762.6 | 1,817.4 | 1,881.4 | 1,959.4 | 2,049.6 | 2,150.5 | 2,268.6 | 2,398.7 | 2,544.4 | 2,737.4 | 5.3% |
| Asia Pacific | 2,179.7 | 2,273.1 | 2,210.6 | 2,316.3 | 2,416.8 | 2,514.5 | 2,631.8 | 2,766.6 | 2,917.1 | 3,092.4 | 3,285.6 | 3,501.9 | 3,785.6 | 5.8% |
| Latin America | 802.7 | 832.3 | 804.9 | 838.7 | 859.8 | 886.9 | 920.3 | 959.2 | 1,002.8 | 1,054.1 | 1,110.5 | 1,173.7 | 1,258.1 | 4.9% |
| MEA | 472.8 | 486.8 | 467.2 | 483.2 | 494.0 | 507.2 | 524.0 | 543.6 | 565.7 | 591.8 | 620.5 | 652.7 | 696.3 | 4.4% |
| Overall | 7,815.5 | 8,112.4 | 7,852.8 | 8,190.5 | 8,429.7 | 8,715.4 | 9,064.9 | 9,470.1 | 9,923.7 | 10,455.7 | 11,041.2 | 11,697.0 | 12,568.4 | 5.1% |
Related regional statistics
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