Hair Dryer Market Will Exhibit a CAGR of 3% during 2020-2024 | Increasing Availability of Low-cost Hair Dryers to Emerge as a Prominent Hair Dryer Market Driver | Technavio

Technavio has announced its latest market research report titled Global Hair Dryer Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the hair dryer market, operating under the consumer discretionary. industry The latest report on hair dryer market, 2020-2024 estimates it to register an incremental growth of USD 1.03 bn, at a CAGR of about 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download Latest Free Sample Report on COVID-19 Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage on the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Beauty by Imagination Inc., Conair Corp., Coty Inc., Dyson, Havells India Ltd., Koninklijke Philips NV, Orchids International, Panasonic Corp., Revlon Inc., and Skyline Home Appliances are among some of the major market participants.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

The increasing availability of low-cost hair dryers has been instrumental in driving the growth of the market. The increasing popularity of economic hair dryers will encourage major market players to extend their product line and offer products for the economical end-user segment. However, the perceived side effects of hair dryers due to improper usage in emerging economies might hamper the market growth.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts

Hair Dryer Market 2020-2024: Segmentation

Hair Dryer Market is segmented as below:

  • Product
    • Corded Hair Dryers
    • Cordless Hair Dryers
  • Geography
    • Europe
    • North America
    • APAC
    • MEA
    • South America
  • End-user
    • Professional Usage
    • Individual Usage

Based on geographic segmentation, over 41% of the market’s growth originated from APAC during the forecast period due to the increasing demand for economical hair dryers in China and Japan. In addition, corded hair dryers led the market share in the product segment due to factors such as low cost and power consumption. This report provides an accurate prediction of the contribution of all the segments to the growth of the hair dryer market size.

Hair Dryer Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The hair dryer market report covers the following areas:

  • Hair Dryer Market Size
  • Hair Dryer Market Trends
  • Hair Dryer Market Industry Analysis

This study identifies the growing popularity of tourmaline hair dryers as one of the prime trends expected to boost the hair dryer market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Hair Dryer Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist hair dryer market growth during the next five years
  • Estimation of the hair dryer market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the hair dryer market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of hair dryer market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Corded hair dryers - Market size and forecast 2019-2024
  • Cordless hair dryers - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • Professional usage - Market size and forecast 2019-2024
  • Individual usage - Market size and forecast 2019-2024
  • Market opportunity by End-user

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume drivers- Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Beauty by Imagination Inc.
  • Conair Corp.
  • Coty Inc.
  • Dyson
  • Havells India Ltd.
  • Koninklijke Philips NV
  • Orchids International
  • Panasonic Corp.
  • Revlon Inc.
  • Skyline Home Appliances


  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200

Release Summary

The Global Hair Dryer Market will grow by USD 1.03 bn during 2020-2024


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200