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Hair Styling Equipment Market Expected to Experience Attractive Growth through 2026

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Matt Easterlin
Hair Styling Equipment Market Expected to Experience Attractive Growth through 2026

Stratview Research has launched a new report, titled Hair Styling Equipment Market segmented by 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.


Covid-19 Impact Analysis:

Covid-19 has highly impacted the market dynamics, competition, and supply chain of almost all industries. The revenues have gone down in 2020 and are expected to resume an uptrend gradually from 2021 and continue to grow further. The report covers all the segments that were affected by the pandemic.

According to the report, 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.


Market Segments' Analysis

Based on the End-Use type, 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.

In terms of region, 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.

 

Key Players

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

·        Conair Corporation (The U.S.),

·        Panasonic Corporation (Japan),

·        Koninklijke Philips N.V. (Netherlands),

·        The Procter & Gamble Company (The U.S.),

·        Dyson Limited (UK),

·        Helen of Troy Limited (The U.S.),

·        Spectrum Brands Holdings, Inc. (The U.S.),

·        Good Hair Day (UK), and

·        Ikonic (The U.S.).

Frequently Asked Questions –

This report provides vital information and valuable insights, enabling the users to identify the strategic growth opportunities in the market. The report aims at answering the following key questions:

-         What is the current and future market size of Hair Styling Equipment market?

-         How has the COVID-19 pandemic impacted the market? How fast is it expected to recover?

-         What will be the short and long-term effects of the pandemic?

-         How are other market factors affecting the market dynamics?

-         Which segments offer high-growth opportunities in the long run?

-         How fierce is the Hair Styling Equipment market competition?

-         What are the key emerging trends and unmet needs in the present market?

-         What are the strategic growth opportunities and key success factors?

 

Read the full report: here

Custom Research: Stratview Research offers custom research services across the sectors. In case of any custom research requirement or any further query related to the report, please send your inquiry to sales@stratviewresearch.com. You may also connect with our market experts at +1-313-307-4176.

About Stratview Research

Stratview Research is a global market research firm that provides high-quality market research reports, market entry strategies, growth strategies, and more. We in-depth market research studies, to help the users obtain grainy level clarity on present business trends and probable future developments. At Stratview Research, the market experts are committed to providing custom solutions best fit for strategy development and implementation to achieve visible growth.

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