Hair Styling Equipment Market Size to Grow by USD 4.30 bn Due to the Growing Advantage Of Hair Styling Equipment - 17,000+ Technavio Reports

NEW YORK, Aug. 5, 2022 /PRNewswire/ -- The "Hair Styling Equipment Market by Distribution Channel, End-user, Product, Technology, and Geography (APAC, Europe, North America, Middle East, and Africa, and South America) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the hair styling equipment market between 2021 and 2026 is USD 4.30 billion, as per the latest market analysis report by Technavio. The analysts at Technavio have categorized the global hair styling equipment market as a part of the global leisure products industry within the global household durables market. The growing advantage of hair styling equipment and product innovations leading to portfolio extension and product premiumization are some of the key market drivers. However, factors such as the availability of counterfeit products will challenge market growth. 

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Key Market Segmentation Insights:

The hair styling equipment market report is segmented by Distribution Channel (Offline and Online), End-user (Professional and Individual), Product (Dryer, Straightener, and Styler), Technology (Corded and Cordless), and Geography (APAC, Europe, North America, Middle East and Africa, and South America).

  • Regional Opportunities: 39% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for the hair styling equipment market in APAC. Market growth in this region will be faster than the growth of the market in other regions. Rising disposable income, rapid urbanization, and the trend of grooming among men will facilitate the hair styling equipment market growth in APAC over the forecast period. 
  • Revenue-generating Segment Analysis: The hair styling equipment market share growth by the offline segment will be significant during the forecast period. The offline distribution channel comprises specialty stores; hypermarkets, supermarkets, convenience stores, and others. Primarily, hypermarkets such as Walmart and Target offer hair styling equipment, and an increase in the number of stores and business expansions by retailers has fueled the demand for this equipment. Moreover, salons and spas are gradually gaining popularity among consumers with hectic work schedules. Thus, the expansion of offline distribution channels will drive market growth during the forecast period.

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Market Vendor Landscape
  • The hair styling equipment market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Vendors aim to gain greater market share with different strategies and innovations to differentiate themselves from their competitors. 
  • To make the most of the opportunities and recover from the post-pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
  • The hair styling equipment market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
  • As hairstyle trends change continuously, hair stylists and professionals at salons and spas require advanced hair styling equipment to deliver the desired results. Manufacturers provide travel-size appliances for consumers who require easy portable equipment while traveling. 
  • Companies are offering innovative products and solutions for staying top-notch in the market. For instance, Conair Corp. offers a wide range of hair styling equipment such as hot air brushes, flat irons, curling irons, and stylers. Helen of Troy Ltd. offers Revlon Salon one-step hair dryer and volumize as hair styling equipment. 
    Hindustan Unilever Ltd. offers hair care products such as hair texture and hold, hair repair, and others under the brand of Tigi. 

Some Companies Mentioned with their Offerings        

    • Andis Co. 
    • Beauty Elite Group 
    • Conair Corp. 
    • Coty Inc.
    • Dafni Hair
    • Deva Concepts LLC
    • Drybar Holdings LLC
    • Dyson Ltd.
    • Elchim Spa
    • Farouk Systems Inc.
    • Hamilton Beach Brands Holding Co.
    • Helen of Troy Ltd.
    • Hindustan Unilever Ltd.
    • John Paul Mitchell Systems
    • Koninklijke Philips NV
    • LVMH Moet Hennessy Louis Vuitton SE
    • Panasonic Corp.
    • Spectrum Brands Holdings Inc.
    • TESCOM Co. Ltd.
    • The Procter and Gamble Co.
  • To gain access to more vendor profiles with their key offerings available with Technavio, Download Sample Report
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Hair Styling Equipment Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.5%

Market growth 2022-2026

$ 4.30 billion

Market structure

Fragmented

YoY growth (%)

5.1

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 39%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Andis Co., Beauty Elite Group, Conair Corp., Coty Inc., Dafni Hair, Deva Concepts LLC, Drybar Holdings LLC, Dyson Ltd., Elchim Spa, Farouk Systems Inc., Hamilton Beach Brands Holding Co., Helen of Troy Ltd., Hindustan Unilever Ltd., John Paul Mitchell Systems, Koninklijke Philips NV, LVMH Moet Hennessy Louis Vuitton SE, Panasonic Corp., Spectrum Brands Holdings Inc., TESCOM Co. Ltd., and The Procter and Gamble Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Key Topics Covered:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 08: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 09: Executive Summary – Chart on Incremental Growth
    • Exhibit 10: Executive Summary – Data Table on Incremental Growth
    • Exhibit 11: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 12: Parent market
    • Exhibit 13: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 14: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 15: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 16: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 17: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 18: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 19: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 20: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 21: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 22: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 23: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 24: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 25: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 26: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

  • 5.1 Market segments
    • Exhibit 27: Chart on Distribution Channel - Market share 2021-2026 (%)
    • Exhibit 28: Data Table on Distribution Channel - Market share 2021-2026 (%)
  • 5.2 Comparison by Distribution Channel
    • Exhibit 29: Chart on Comparison by Distribution Channel
    • Exhibit 30: Data Table on Comparison by Distribution Channel
  • 5.3 Offline - Market size and forecast 2021-2026
    • Exhibit 31: Chart on Offline - Market size and forecast 2021-2026 ($ million)
    • Exhibit 32: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Chart on Offline - Year-over-year growth 2021-2026 (%)
    • Exhibit 34: Data Table on Offline - Year-over-year growth 2021-2026 (%)
  • 5.4 Online - Market size and forecast 2021-2026
    • Exhibit 35: Chart on Online - Market size and forecast 2021-2026 ($ million)
    • Exhibit 36: Data Table on Online - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Chart on Online - Year-over-year growth 2021-2026 (%)
    • Exhibit 38: Data Table on Online - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Distribution Channel
    • Exhibit 39: Market opportunity by Distribution Channel ($ million)

6 Market Segmentation by End-user

  • 6.1 Market segments
    • Exhibit 40: Chart on End-user - Market share 2021-2026 (%)
    • Exhibit 41: Data Table on End-user - Market share 2021-2026 (%)
  • 6.2 Comparison by End-user
    • Exhibit 42: Chart on Comparison by End-user
    • Exhibit 43: Data Table on Comparison by End-user
  • 6.3 Professional - Market size and forecast 2021-2026
    • Exhibit 44: Chart on Professional - Market size and forecast 2021-2026 ($ million)
    • Exhibit 45: Data Table on Professional - Market size and forecast 2021-2026 ($ million)
    • Exhibit 46: Chart on Professional - Year-over-year growth 2021-2026 (%)
    • Exhibit 47: Data Table on Professional - Year-over-year growth 2021-2026 (%)
  • 6.4 Individual - Market size and forecast 2021-2026
    • Exhibit 48: Chart on Individual - Market size and forecast 2021-2026 ($ million)
    • Exhibit 49: Data Table on Individual - Market size and forecast 2021-2026 ($ million)
    • Exhibit 50: Chart on Individual - Year-over-year growth 2021-2026 (%)
    • Exhibit 51: Data Table on Individual - Year-over-year growth 2021-2026 (%)
  • 6.5 Market opportunity by End-user
    • Exhibit 52: Market opportunity by End-user ($ million)

7 Market Segmentation by Product

  • 7.1 Market segments
    • Exhibit 53: Chart on Product - Market share 2021-2026 (%)
    • Exhibit 54: Data Table on Product - Market share 2021-2026 (%)
  • 7.2 Comparison by Product
    • Exhibit 55: Chart on Comparison by Product
    • Exhibit 56: Data Table on Comparison by Product
  • 7.3 Dryer - Market size and forecast 2021-2026
    • Exhibit 57: Chart on Dryer - Market size and forecast 2021-2026 ($ million)
    • Exhibit 58: Data Table on Dryer - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Chart on Dryer - Year-over-year growth 2021-2026 (%)
    • Exhibit 60: Data Table on Dryer - Year-over-year growth 2021-2026 (%)
  • 7.4 Straightener - Market size and forecast 2021-2026
    • Exhibit 61: Chart on Straightener - Market size and forecast 2021-2026 ($ million)
    • Exhibit 62: Data Table on Straightener - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Chart on Straightener - Year-over-year growth 2021-2026 (%)
    • Exhibit 64: Data Table on Straightener - Year-over-year growth 2021-2026 (%)
  • 7.5 Styler - Market size and forecast 2021-2026
    • Exhibit 65: Chart on Styler - Market size and forecast 2021-2026 ($ million)
    • Exhibit 66: Data Table on Styler - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Chart on Styler - Year-over-year growth 2021-2026 (%)
    • Exhibit 68: Data Table on Styler - Year-over-year growth 2021-2026 (%)
  • 7.6 Market opportunity by Product
    • Exhibit 69: Market opportunity by Product ($ million)

8 Market Segmentation by Technology

  • 8.1 Market segments
    • Exhibit 70: Chart on Technology - Market share 2021-2026 (%)
    • Exhibit 71: Data Table on Technology - Market share 2021-2026 (%)
  • 8.2 Comparison by Technology
    • Exhibit 72: Chart on Comparison by Technology
    • Exhibit 73: Data Table on Comparison by Technology
  • 8.3 Corded - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Corded - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Corded - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Corded - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Corded - Year-over-year growth 2021-2026 (%)
  • 8.4 Cordless - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Cordless - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Cordless - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Cordless - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Cordless - Year-over-year growth 2021-2026 (%)
  • 8.5 Market opportunity by Technology
    • Exhibit 82: Market opportunity by Technology ($ million)

9 Customer Landscape

  • 9.1 Customer landscape overview
    • Exhibit 83: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Geographic Landscape

  • 10.1 Geographic segmentation
    • Exhibit 84: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 85: Data Table on Market share by geography 2021-2026 (%)
  • 10.2 Geographic comparison
    • Exhibit 86: Chart on Geographic comparison
    • Exhibit 87: Data Table on Geographic comparison
  • 10.3 APAC - Market size and forecast 2021-2026
    • Exhibit 88: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 89: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 90: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 91: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 10.4 Europe - Market size and forecast 2021-2026
    • Exhibit 92: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 93: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 94: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 95: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 10.5 North America - Market size and forecast 2021-2026
    • Exhibit 96: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 97: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 98: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 99: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 10.6 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 100: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 101: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 102: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 103: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 10.7 South America - Market size and forecast 2021-2026
    • Exhibit 104: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 105: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 106: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 107: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 10.8 US - Market size and forecast 2021-2026
    • Exhibit 108: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 109: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 110: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 111: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 10.9 China - Market size and forecast 2021-2026
    • Exhibit 112: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 113: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 114: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 115: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 10.10 Japan - Market size and forecast 2021-2026
    • Exhibit 116: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 117: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 118: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 119: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 10.11 Germany - Market size and forecast 2021-2026
    • Exhibit 120: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 121: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 122: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 123: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 10.12 UK - Market size and forecast 2021-2026
    • Exhibit 124: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 125: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 126: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 127: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 10.13 Market opportunity by geography
    • Exhibit 128: Market opportunity by geography ($ million)

11 Drivers, Challenges, and Trends

  • 11.1 Market drivers
  • 11.2 Market challenges
  • 11.3 Impact of drivers and challenges
    • Exhibit 129: Impact of drivers and challenges in 2021 and 2026
  • 11.4 Market trends

12 Vendor Landscape

  • 12.1 Overview
  • 12.2 Vendor landscape
    • Exhibit 130: Overview on Criticality of inputs and Factors of differentiation
  • 12.3 Landscape disruption
    • Exhibit 131: Overview on factors of disruption
  • 12.4 Industry risks
    • Exhibit 132: Impact of key risks on business

13 Vendor Analysis

  • 13.1 Vendors covered
    • Exhibit 133: Vendors covered
  • 13.2 Market positioning of vendors
    • Exhibit 134: Matrix on vendor position and classification
  • 13.3 Conair Corp.
    • Exhibit 135: Conair Corp. - Overview
    • Exhibit 136: Conair Corp. - Product / Service
    • Exhibit 137: Conair Corp. - Key offerings
  • 13.4 Dyson Ltd.
    • Exhibit 138: Dyson Ltd. - Overview
    • Exhibit 139: Dyson Ltd. - Product / Service
    • Exhibit 140: Dyson Ltd. - Key offerings
  • 13.5 Helen of Troy Ltd.
    • Exhibit 141: Helen of Troy Ltd. - Overview
    • Exhibit 142: Helen of Troy Ltd. - Business segments
    • Exhibit 143: Helen of Troy Ltd. - Key offerings
    • Exhibit 144: Helen of Troy Ltd. - Segment focus
  • 13.6 Hindustan Unilever Ltd.
    • Exhibit 145: Hindustan Unilever Ltd. - Overview
    • Exhibit 146: Hindustan Unilever Ltd. - Product / Service
    • Exhibit 147: Hindustan Unilever Ltd. - Key offerings
  • 13.7 Koninklijke Philips NV
    • Exhibit 148: Koninklijke Philips NV - Overview
    • Exhibit 149: Koninklijke Philips NV - Business segments
    • Exhibit 150: Koninklijke Philips NV - Key news
    • Exhibit 151: Koninklijke Philips NV - Key offerings
    • Exhibit 152: Koninklijke Philips NV - Segment focus
  • 13.8 LVMH Moet Hennessy Louis Vuitton SE
    • Exhibit 153: LVMH Moet Hennessy Louis Vuitton SE - Overview
    • Exhibit 154: LVMH Moet Hennessy Louis Vuitton SE - Business segments
    • Exhibit 155: LVMH Moet Hennessy Louis Vuitton SE - Key news
    • Exhibit 156: LVMH Moet Hennessy Louis Vuitton SE - Key offerings
    • Exhibit 157: LVMH Moet Hennessy Louis Vuitton SE - Segment focus
  • 13.9 Panasonic Corp.
    • Exhibit 158: Panasonic Corp. - Overview
    • Exhibit 159: Panasonic Corp. - Business segments
    • Exhibit 160: Panasonic Corp. - Key news
    • Exhibit 161: Panasonic Corp. - Key offerings
    • Exhibit 162: Panasonic Corp. - Segment focus
  • 13.10 Spectrum Brands Holdings Inc.
    • Exhibit 163: Spectrum Brands Holdings Inc. - Overview
    • Exhibit 164: Spectrum Brands Holdings Inc. - Business segments
    • Exhibit 165: Spectrum Brands Holdings Inc. - Key news
    • Exhibit 166: Spectrum Brands Holdings Inc. - Key offerings
    • Exhibit 167: Spectrum Brands Holdings Inc. - Segment focus
  • 13.11 TESCOM Co. Ltd.
    • Exhibit 168: TESCOM Co. Ltd. - Overview
    • Exhibit 169: TESCOM Co. Ltd. - Product / Service
    • Exhibit 170: TESCOM Co. Ltd. - Key offerings
  • 13.12 The Procter and Gamble Co.
    • Exhibit 171: The Procter and Gamble Co. - Overview
    • Exhibit 172: The Procter and Gamble Co. - Business segments
    • Exhibit 173: The Procter and Gamble Co. - Key news
    • Exhibit 174: The Procter and Gamble Co. - Key offerings
    • Exhibit 175: The Procter and Gamble Co. - Segment focus

14 Appendix

  • 14.1 Scope of the report
  • 14.2 Inclusions and exclusions checklist
    • Exhibit 176: Inclusions checklist
    • Exhibit 177: Exclusions checklist
  • 14.3 Currency conversion rates for US$
    • Exhibit 178: Currency conversion rates for US$
  • 14.4 Research methodology
    • Exhibit 179: Research methodology
    • Exhibit 180: Validation techniques employed for market sizing
    • Exhibit 181: Information sources
  • 14.5 List of abbreviations
    • Exhibit 182: List of abbreviations
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