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Hair Styling Tools Market was valued at $ 30.09 billion in 2021, and it is expected to grow at a CAGR of 3.7 % to $ 39.63 billion by 2027.<br><br>
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Hair Styling Tools Market at a CAGR of 3.7 % to $ 39.63 billion by 2027. Hair Styling Tools Market was valued at $ 30.09 billion in 2021, and it is expected to grow The recent surge in demand for hair styling tools can be ascribed to the negative consequences of a chemical-based hairstyle. Furthermore, tiny, portable, and travel-size hair styling tools are gaining popularity because they are easy to transport and reduce the need to visit a salon. It can also be synced with a smartphone to deliver tailored solutions. As a result, the development of unique features, such as 24K-Gold-based tools and models based on supersonic technology, is projected to further drive market expansion. Hair S Hair Styling Tools Market Drivers: tyling Tools Market Drivers: One of the primary factors driving the growth of the hair styling tools market is the growing requirement for grooming among the global population. Chemical treatments for permanent/temporary hair straightening or relaxing, on the other hand, can have negative health consequences. The chemical formulations utilized in such operations contain several active substances, such as formaldehyde, which are carcinogens and so cause severe cancer. As customer preferences shift away from noisy and cumbersome hair dryers, hair care machines are becoming more modern and user pleasant. To attract customers, manufacturers are attempting to incorporate high-tech features such as LED light indications, smartphone connectivity, and thin designs. Browse for full report @ https://www.marketdataforecast.com/market-reports/hair-styling- tools-market Hair Styling Tools Market Restraints: Hair Styling Tools Market Restraints: In low-income nations, the high cost of electric appliances is likely to limit the use of straighteners and curlers. Furthermore, the rise of low-cost counterfeit goods has created a threat to branded instruments. Furthermore, an increase in the number of incidents caused by an electric shock is projected to limit the market growth. Market Segmentation: Market Segmentation: Hair Styling Tools Market Type: Manual Electric Brushes, combs, rollers, and hairbrushes are all accessible at a reasonable price to the general public. However, as compared to electric stylers, which can readily adapt to a wide range of consumer needs for diverse hair textures such as curling, crimping, or wavy hair, these tools have some styling limits. As a result, the electric segment is likely to expand
rapidly. The hairdryer is likely to dominate the electric market due to its increased application and market/request-sample cost.https://www.marketdataforecast.com/market-reports/hair-styling-tools- Ask for a sample report @ https://www.marketdataforecast.com/market-reports/hair- styling-tools-market/request-sample Hair Styling Tools Market Application: Household Commercial. Improvements in personal-use products, such as multiple benefits offered by a single product and energy-saving devices, are expected to benefit the household segment. Salons, spas, beauty institutes, and academies are among the commercial segments, where professional appliances with high-end features are commonly used to provide styling services. As a result of the larger acceptance of hair styling products in the commercial end- user segment compared to low-volume residential usage, more consumption has resulted. Hair Styling Tools Market Distribution Channel: Supermarkets Specialty Stores Online Channels Others In the forecast period, the online channel segment is likely to increase significantly. High-income people prefer exploring branded tools in specialty stores and salons to obtain professional and premium quality supplies. The availability of a wide selection of products, as well as discounts and numerous offers provided by large stores, make supermarkets a leading segment that is likely to maintain their dominance during the forecast period. Regional Analysis: Regional Analysis: North America Europe Asia Pacific Latin America
Middle east and Africa Hair Styling Tools Market Key Players: 1.Dyson (UK) 2.Helen of Troy (Bermuda) 3.Panasonic (Japan) 4.P&G (US) 5.Spectrum Brands (US) 6.Conair Corp (US) 7.WAHL Clipper Corp (US) 8.P&G (US) 9.Hamilton Beach Brands (US) 10.Coty Inc (US) Impact of COVID-19 on Hair Styling Tools Market: Hair salons and spas were not deemed essential entities, and the government worldwide ordered them to close down during the pandemic. Due to the closure of salons, however, shelter-in-place restrictions resulted in a modest increase in demand for grooming items from families. Job losses and a general decline in economic conditions, on the other hand, have had a detrimental impact on people's purchasing capacity, resulting in lower preferences for non-essential purchases. Because the virus's transmission has been halted in numerous nations, beauty salons are permitted to resume operations while taking all necessary precautions. As a result of the lifting of the lockdown and the reopening of salons (professional salon services) and barbershops, demand for hair styling tools is expected to gradually increase. About Us: Market Data Forecast is a firm working in market research, business intelligence, and consulting. We have rich research and consulting experience for various business domains to cater to individual and corporate clients’ needs. Contact Us: Market Data Forecast Phone: +1-888-702-9626 Email:contact@marketdataforecast.com