According to a research report by Stratview Research, the Global Hair Styling Equipment Market is estimated to grow from USD 30.1 billion in 2020 to USD 38.3 billion by 2026 at a healthy CAGR of 4.1% during the forecast period.

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Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Segments’ Analysis

Stratview Research has segmented the Hair Styling Equipment Market By Product Type (Hair Dryers, Hair Curlers & Rollers, Hair Straighteners, Hair Styling Brushes & Combs, Others), By End User (Household, Commercial), By Distribution Channel (Offline, Online), and Region

The product is being widely used by young people across geographies as a result of growing fashion trends coupled with purchasing power of the consumers.

Additionally, changing grooming patterns coupled with wide penetration of salon services is also propelling the growth of the hair styling equipment market. The product is being widely used in commercial applications such as salons, spas, and beauty institutes.

The market in Europe accounted for the largest market share in 2020 due to high demand for technologically advanced hair styling products in countries such as UK and Germany.

The Asia Pacific hair styling equipment is projected to register fastest growth during the review period. Rising population, increasing penetration beauty salons, and increasing personal grooming trend are the key factors propelling the market growth in the region. Increasing purchasing power of the consumers in the developing countries is likely to further drive the product consumption.

The following are the key players in the Hair Styling Equipment Market –

  • Beauty & personal care products vendors
  • Hair styling equipment suppliers
  • Hair styling equipment manufacturers
  • Cosmetic companies
  • Logistics organizations

To develop better customer understanding, the team at Stratview Research employ a range of quantitative and qualitative market research approaches. This report aims to help the users make use of the available data in a way, that profits the business and leads to growth.

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