What is Hair Straightener Market Scope?
The rise in concern over maintaining the quality of hair and at the same time desire for proper hairstyle is boosting the growth of the market. Increasing awareness towards personal grooming, growing online sales, inclination towards automation, growing urban population, increasing demand from untapped markets, and influence of western lifestyle on the population across the globe is contributing towards the growth of the market through the forecast period.
Influencing Trend:
Innovative Product Offerings Facilitated by the Manufacturers and Premiumization trend Provide Immense Opportunity
Market Growth Drivers:
Change in The Consumer Standard of Living Due to Strengthening of Economy & Globalization and Rising Focus among Millennials on Physical Appearance
Challenges:
Fluctuation in the Price of Raw Material
Restraints:
Safety Concerns Related To Personal Care Products
Opportunities:
Rise in Number of Beauty-conscious Men Population and Increasing Disposable Income in Low and Middle-Income Countries
The Hair Straightener market study is being classified, by Application and major geographies with country level break-up.
The hair straightener market offers a vision into the business strategies of the prominent market players. The fragmented nature of the market is due to the great number of players present in the market. Market leaders are now focusing on new product innovations and developments due to highly changing customer demands and preferences. Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Hair Straightener market throughout the predicted period.
Koninklijke Philips N.V. (Netherlands), Braun GmbH (Germany), Panasonic Corporation (Japan), Babyliss (France), TESCOM (India), CONAIR (United States), Remington (United States), HSI Professiona (United States), Good Hair Day (United Kingdom) and L’Oreal Group (France) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Hair Straightener market by Type, Application and Region.
On the basis of geography, the market of Hair Straightener has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In November 2016 Coty Inc. Announced today that it has completed the acquisition of ghd, a global premium brand in high-end hair styling appliances, further strengthening Coty’s worldwide leading position in professional hair care. The acquisition is expected to be immediately accretive to Coty’s earnings.
In December 2020, Dyson has launched its Corrale hair straightener in India! Dyson Corrale hair straightener with three heat settings has been launched in India. The company uses the flexing plate technology, as it calls it, to enhance styling of hair using its hair straightener, while relying less on the heat that the product emits.
Key Target Audience
Manufacturers of Hair Straightener, Suppliers of Hair Straightener, Wholesalers, Distributors and Retailers of Hair Straightener, Cosmetic industry, Governmental bodies and Research firms
Hair Straightener Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Hair Straightener Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Hair Straightener industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.