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Growing influence of social media and emphasis on personal grooming drive the growth of the hair care appliance market
NEW YORK, United States, Jan. 25, 2023 /EINPresswire.com/ — The Insight Partners presents “Hair Care Equipment Market Forecast to 2028 – Impact of COVID-19 and Global Analysis – By Product Type and Global Analysis.” According to a new research report, “distribution channel” includes factors driving the growth of the market. Revenue estimates, forecasts, and market share analysis. Identification of key market players and their key developments.
The hair care equipment market is expected to grow from $14,440.23 million in 2022 to $19,512.86 million in 2028. From 2022 to 2028, he is estimated to grow at a CAGR of 5.1%. Hair care appliances are used for hair care and hair styling. Hair dryers and blowers, straighteners, curlers, and hot hair brushes are examples of hair care appliances.
Hair Care Appliances Market – Strategic Insights
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Market size in 2022 is $14,440.23 million
Market size value of USD 19,512.86 million by 2028
Growth rate CAGR from 2022 to 2028 is 5.1%
Forecast period 2022-2028
Base year 2022
138 pages
58 tables
Number of charts 74
Historical data available Yes
Target segment Product type and distribution channel
Regional coverage North America, Europe, Asia Pacific, Middle East and Africa, South and Central America
Country coverage USA, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverage Revenue forecasts, company rankings, competitive landscape, growth factors, trends
A sample copy of this report is available at https://www.theinsightpartners.com/sample/TIPRE00029533/.
Based on distribution channel, the hair care appliance market is segmented into supermarkets and hypermarkets, specialty stores, online retailers, and others. In 2021, the supermarket and hypermarket segment accounted for the largest market share. The rise in the number of organized stores, the development of large-scale retail infrastructure in developing countries, changes in customer buying behavior, and the rise of online shopping trends have dramatically changed the global retail landscape. Supermarkets and hypermarkets are giant retail stores that offer a wide range of goods, including groceries, personal care, and household items. We have various brands of hair care products at reasonable prices. In addition, we offer attractive discounts, multiple payment options, and a pleasant customer experience. Manufacturers of hair care products usually prefer to sell their products through supermarkets and hypermarkets such as Walmart, Aldi and Tesco. This is due to the large number of customers, large customer reach and wide distribution network.
The global hair care equipment market is segmented into five major regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), South and Central America. Asia Pacific will dominate the market in 2021 and is expected to register the highest CAGR during the forecast period. The availability of affordable hair care products in countries including India and China has increased the demand for hair care products. Along with this, there is a growing awareness of healthy hair throughout the region. Thus, demand for hair care products is skyrocketing as they help in proper care of hair and help reduce hair damage and breakage.In 2021, North America will be the second largest market for hair care equipment. Yes, followed by Europe.
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“Hair Care Equipment Market Analysis to 2028” is a professional and in-depth study of the consumer goods industry with a special focus on market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The hair care appliance market is segmented on the basis of product type, distribution channel, and geography. Based on product type, the market is segmented into dryers and blowers, straighteners, curlers, and others. Based on distribution channel, the market is segmented into supermarkets and hypermarkets, specialty stores, online retailers, and others. Based on geography, the hair care equipment market is mainly segmented into North America, Europe, Asia Pacific, Middle East & Africa, South & Central America. Asia Pacific is expected to register the highest CAGR during the forecast period. North America is the second dominant region in the market due to increased adoption of hair straighteners and curlers among working women and increased use of these appliances at home by consumers.
The supermarket and hypermarket segment accounted for the largest market share in the global hair care appliance market in 2021. It’s a store. Offering a wide range of brands of hair care products at reasonable prices, shoppers can quickly find the desired product.
Hair Care Appliances Market: Competitive Landscape and Key Developments
Some players operating in the global hair care appliance market include Revlon Inc., Koninklijke Philips NV, Dyson Limited, Jemella Ltd., Instyler, Kiss Products Inc., Toni & Guy, Cloud Nine, T3 Micro Inc. , and Conair LLC. Players operating in the hair care appliance market are focused on providing quality products to meet customer demand. We also focus on strategies such as research and development activities and investments in mergers and acquisitions.
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In 2021, Asia-Pacific accounted for the largest share of the global hair care appliance market. The increasing availability of hair care products in the market is primarily driving the growth of the hair care products market.
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