Market revenue in 2022 | USD 2,073.3 million |
Market revenue in 2030 | USD 2,922.6 million |
Growth rate | 4.4% (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 83.25% in 2022. Horizon Databook has segmented the U.S. hair dryer market based on corded, cordless covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. dominates the North American hair dryer market and accounted for 73.8% of the revenue in 2021. Hair dryers are a commonly used personal care appliance in households across the U.S. As consumers in the country have a higher disposable income.
A larger share of the population uses hair dryers, contributing to the dominant market share. A growing section of the population is becoming more attentive toward grooming and personal care and this often results in the demand for high-end and premium products.
In response, an increasing number of companies both domestic and international are looking to cater to this demand. For instance, in July 2020, Chinese smart home appliances company Tineco launched a smart hair dryer called MODA ONE in the U.S. market.
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account