The article cited AMA's "Global Hair Dryer Market Study" explored CAGR of 6.6%. According to the report, Growing Use of Hair Dryers Owing to Their Effectiveness and Comfortability
is one of the primary growth factors for the market. Rising Focus among Millennials on Physical Appearance
is also expected to contribute significantly to the Hair Dryer market. Overall, applications of Hair Dryer, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel , such as Departmental stores, is boosting the Hair Dryer market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Price range , such as Low price range, is boosting the Hair Dryer market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End User, such as Professional, is boosting the Hair Dryer market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Hair Dryer market identified that the demand is rising in many different parts of the world as "Increasing Disposable Income in Low and Middle-Income Countries
". Furthermore, some recent industry insights like "In January 2019, Volo Beauty launches cordless hairdryer integrated with a removable lithium-ion battery and infrared technology." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Hair Dryer market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Hair Dryer market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.