The analysts forecast the global hair dryer market to grow at a CAGR of 4.60% during the period 2017-2021.
The report, Global Hair Dryer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers for this market is product innovation in terms of operations, features, and design highly influence new and upgrade purchases. Innovation, whether radical or breakthrough, plays a pivotal role in driving the growth of the global hair dryers market. Breakthrough innovations are mostly concentrated on product features, technology, efficiency, and specifications. Radical innovations, on the other hand, are directed at the product manufacturing processes, which enable faster and efficient production of the final products to reduce production turnaround time.
- Koninklijke Philips
Other prominent vendors
- Beauty Elite Group
- Bio Ionic
- Farouk Systems
- Helen Of Troy
- John Paul Mitchell Systems
- Solano International
- Spectrum Brands
- T3 Micro
- Trade Box
- Turbo Ion
Drivers and challenges
- Market drivers
- Increase in demand for lightweight hair dryers
- Growing online hair dryer sales
- Digital marketing and consumer engagement programs on social media platforms
For more information about this report visit http://www.researchandmarkets.com/research/3f9nq9/global_hair_dryer