Market revenue in 2022 | USD 930.9 million |
Market revenue in 2030 | USD 1,470.7 million |
Growth rate | 5.9% (CAGR from 2022 to 2030) |
Largest segment | Corded |
Fastest growing segment | Cordless |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Corded, Cordless |
Key market players worldwide | Conair, Panasonic Holdings Corp, Koninklijke Philips NV, Dyson, Spectrum Brands Holdings Inc, Revlon, Procter & Gamble Co, GHD, TESCOM, InStyler Brands |
Corded was the largest segment with a revenue share of 76.02% in 2022. Horizon Databook has segmented the China hair dryer market based on corded, cordless covering the revenue growth of each sub-segment from 2018 to 2030.
According to the World Integrated Trade Solution (WITS), China exported 130.9 million units of electro-thermic hair dryers in 2021. As China is a manufacturing hub for hair dryers, Chinese consumers have ample varieties of new and innovative hair dryers.
which translates to greater consumer satisfaction and high sales. As a result, China has the largest hair dryer market in the Asia Pacific, accounting for more than 38% of the sales in the Asia Pacific. The Chinese consumer electronics company.
Xiaomi, launched Deerma Multifunctional Hair Dryer in China in 2020. The hair dryer comes with a built-in infrared sensor, which turns on and off by identifying human signals. Such innovative products are further expected to boost the demand for hair dryers in China.
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