Hair Dryer Market To Reach $12.57 Billon By 2030 | CAGR: 5.6%

Hair Dryer Market Growth & Trends

The global hair dryer market size was estimated at USD 12.57 billion in 2030 and is expected to grow at a CAGR of 5.6% from 2024 to 2030. One of the primary market drivers is the continuous technological advancements. Modern hair dryers are equipped with advanced technologies such as ionic, ceramic, and tourmaline, which enhance their performance and user experience. For instance, ionic hair dryers release negative ions that break down water molecules, resulting in faster drying times and reduced frizz. In contrast, ceramic hair dryers use ceramic heating elements to distribute heat evenly and maintain a constant temperature, which is expected to augment the market demand and growth for hair dryers during the forecast period across the world.

Consumer preferences have evolved significantly, driven by lifestyle changes, fashion trends, and social media influence. There is an increased focus on hair styling and grooming, driven by the desire to look well-groomed and fashionable. This trend is particularly strong among millennials and Gen Z, who value appearance and personal grooming highly. The rise of social media has also played a role, as people are more conscious of their looks due to the prevalence of selfies and online interactions. As a result, there is a growing demand for hair dryers that offer professional-quality styling results at home. Advanced features such as multiple heat and speed settings, ionic technology, and various styling attachments allow users to achieve different hairstyles effortlessly. The desire to experiment with new looks and maintain well-groomed hair drives the demand for high-performance hair dryers.

Sustainability has also become an increasingly important consumer factor that influences purchasing decisions. As environmental awareness grows, consumers are looking for products that are not only effective but also eco-friendly. Manufacturers are responding by developing hair dryers that use energy-efficient technologies and sustainable materials. For example, brands are incorporating recyclable plastics and reducing the use of harmful chemicals in their products. Energy-efficient models that consume less power without compromising performance are becoming more popular.

Major players in the market are continually introducing innovative products to capture consumer interest and meet diverse needs. These innovations include lightweight designs, ergonomic handles, multiple heat and speed settings, and attachments for specific styling purposes. Furthermore, manufacturers offer diverse product lines, including professional-grade hair dryers, compact travel dryers, and specialized models for different hair types. This diversification broadens their customer base and enhances market penetration. Moreover, manufacturers are also collaborating with hairstylists, salons, and fashion brands to help enhance their credibility and visibility. These partnerships enable them to showcase their products in real-life settings and attract professional and consumer interest.

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Hair Dryer Market Report Highlights

• The corded hair dryers accounted for a revenue share of 82.6% in 2023. Corded hair dryers do not rely on battery power, allowing uninterrupted usage during styling sessions. This is important for both professionals in salon settings and consumers at home who require prolonged drying times or multiple styling sessions

• The hair dryers for professionals are expected to grow at a CAGR of 5.9% from 2024 to 2030. With the rise in disposable incomes and increased beauty standards of the modern world, the trend of visiting hair salons to style hair has been growing in recent years, and hair salons are witnessing a higher footfall

• The sales of hair dryers through offline channels accounted for a revenue share of 71.7% in 2023. The offline channel is the most widely used channel for purchasing a hair dryer. Offline stores provide consumers with the option of testing the operations of a product before making a purchase decision

• North America accounted for a revenue share of 33.6% in 2023. North America has the largest market for hair dryers in the world, particularly owing to a large number of consumers who are more aware and conscious about personal grooming and self-care

Hair Dryer Market Segmentation

Grand View Research has segmented the global hair dryer market based on product, application, distribution channel, and region.

Hair Dryer Product Outlook (Revenue, USD Million, 2018 - 2030)

• Corded

• Cordless

Hair Dryer Application Outlook (Revenue, USD Million, 2018 - 2030)

• Professional

• Individual

Hair Dryer Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Online

• Offline

Hair Dryer Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • Japan

  • India

  • Australia & New Zealand

  • South Korea

• Central & South America

  • Brazil

• Middle East & Africa

  • South Africa

List of Key Players in the Hair Dryer Market

• Conair Corporation

• Spectrum Brands Inc. (Remington)

• Dyson Limited

• Koninklijke Philips N.V.

• Panasonic Holdings Corporation

• Revlon Inc.

• Ghd hair (Jemella Ltd.)

• Braun GmbH

• Helen of Troy Limited

• Harry Josh Pro Tools