Market revenue in 2023 | USD 43,375.4 million |
Market revenue in 2030 | USD 60,482.9 million |
Growth rate | 4.9% (CAGR from 2023 to 2030) |
Largest segment | Curling irons |
Fastest growing segment | Multistylers |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Hair Dryer, Hair Straightner, Curling Irons, Hair Clippers, Hot Brushes, Crimpers and Wavers, Hot Rollers, Multistylers |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hair styling tools market will help companies and investors design strategic landscapes.
Curling irons was the largest segment with a revenue share of 23.5% in 2023. Horizon Databook has segmented the Global hair styling tools market based on hair dryer, hair straightner, curling irons, hair clippers, hot brushes, crimpers and wavers, hot rollers, multistylers covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing demand for hair dryers in key developed countries like the U.S., the U.K., France, and Germany is likely to favor the overall market growth. For instance, according to a report published by Shenzhen City Xindaman Hardware Electric Appliances Co., Ltd in 2021, from January to April, the U.S. purchased a total of 7,484,351 units of hair dryers from China.
According to a report published by the Professional Beauty Association in July 2020, the number of non-employer salon and spa establishments increased by 36% in the U.S. over the last decade, while their sales jumped 63%.
In comparison, the number of employment-based salon and spa establishments increased 17% over the last decade, with sales rising 48%. The increasing number of hairstylists and hairdresser salons in the country across ethnicities and gender is likely to promote the demand for hair dryers in the market.
Horizon Databook provides a detailed overview of global-level data and insights on the Global hair styling tools market , including forecasts for subscribers. This global databook contains high-level insights into Global hair styling tools market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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