Hair Dryer Market by Product – Global Opportunities & Forecast, 2021-2028
Global Hair Dryer Market
The global Hair Dryer Market is projected to grow at a rate of 5.1% over the forecast period. The accelerating number of professional saloons and the rising recognition of personal grooming has propelled the market growth.
Request for a FREE Sample Report on Hair Dryer Market
Hair Dryer Market Dynamics
The acceleration in the per capita income and rapidly growing urban population has drifted consumers towards the western lifestyle, which is one of the foremost forces stimulating the growth of the global hair dryer market. Also, the hectic lifestyle of individuals guided by the mounting working population has bolstered the market growth. The intensified investment by the saloon chains to expand their customer base in the emerging nations has strengthened the market growth. Besides this, the proliferation of e-commerce platforms and convenient accessibility of a wide variety of hair dryers will compel market growth. Social media platforms such as Facebook, YouTube, and Instagram have served a major role in the market. The increasing emphasis on technological innovation to certify healthy hair that can impede hair damage has encouraged market growth. The mounting number of professional salons and the growing inclination towards personal grooming will serve as the market's driving forces. However, the presence of substitute items in nations such as India and China will restrain the market growth.
Distribution Channel Segment Drivers
Based on the Distribution Channel, the online channel segment is anticipated to encounter a faster rate over the forecast period. This is because of the accelerating perforation of e-commerce platforms such as Flipkart, Amazon, and Walmart. In addition, the increasing inclination towards procuring home electronics devices via online channels guided by the busy lifestyle of consumers will strengthen the market growth. Several leading players have introduced their products on online platforms to captivate individuals towards this channel.
About GMI Research
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.
Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe – +353 1 442 8820; US – +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com
For More Info:
