Hair Straightener Market Overview
As per Maximize Market Research, a global business research and consultancy firm, the total global market for “Hair Straightener Market” size expected to hit USD 1020.81 Mn by 2029 from USD 715.87 Mn in 2022 at a CAGR of 5.2% during the forecast period.
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Hair Straightener Market Scope and Methodology
The bottom-up approach was used in the report to estimate the Hair Straightener Market. The primary and secondary data sources were used to collect data. The primary source involved interviews with significant market leaders and industry experts including business owners and marketing specialists while secondary sources are a combination of the reviews of the financial and annual reports of top manufacturers. For better information on market penetration, competitive landscape demand analysis, and regional analysis are taken at the local, regional, and global levels. The report presented the PORTER and PESTLE Analysis with the potential impact of micro-economic factors of the Hair Straightener market. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to determine the competitive intensity of the industry in the Hair Straightener market.
Hair Straightener Market Regional Insights
Categorized broadly, the Hair Straightener market is segmented across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report comprehensively analyzes factors, market size, growth rate, and regional import-export activities. The regional analysis extends to both local and country levels for a comprehensive examination.
Hair Straightener Market Segmentation
Using Technology
The sector for tourmaline is anticipated to expand at the highest CAGR of 6.8%. The negative ion conditioning technology included in tourmaline hair straighteners helps to straighten, smooth, and shine hair by delivering conditioning negative ions to hair follicles. Additionally, it has a soft touch finish and one-inch floating plates, which add to its appealing design. These elements are boosting the market share of hair straighteners using tourmaline technology.
Depending on End Use
With a CAGR of 5.1%, the commercial segment is anticipated to expand in the hair straightener market. The development of the commercial section of the hair straightener industry is anticipated to be fueled by new products from key manufacturers of hair straighteners, technological improvements, and the growing trend of hair keratin treatments. Additionally, Hair Straightener Key Manufacturers are putting a lot of effort into creating hair straightener goods that can be used in homes.
In light of the distribution channel
The online shop market is anticipated to expand at a CAGR of 5.0 percent, which is the highest. For individuals who do not have easy access to the brand stores, the online store is practical and contains a wide selection of top-quality products. The market for online stores is anticipated to be driven by the growing e-commerce sector throughout the previous decade following globalisation.
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Hair Straightener Market Key Players
1. Koninklijke Philips N.V
2. Conair Group Ltd
3. Panasonic, Bio Ionic
4. Carmen
5. Spectrum Brands, Inc.
6. Turbo Ion, Inc.
7. Cortex USA Inc.
8. Helen Of Troy Limited
9. Izutech
10. BaByliss
11. Remington
12. Philips
13. Dyson
14. L’Oréal Professionnel
15. Braun
16. HSI Professional
17. Revlon
18. Rusk
19. CHI (Farouk Systems)
20. TYMO Beauty
Key questions answered in the Hair Straightener Market are:
- What is Hair Straightener?
- What was the Hair Straightener market size in 2022?
- What are the different segments of the Hair Straightener Market?
- What growth strategies are the players considering to increase their presence in Hair Straightener?
- What are the upcoming industry applications and trends for the Hair Straightener Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Hair Straightener Market?
- Who are the key players in the Hair Straightener market?
- What segments are covered in the Hair Straightener Market?
- Who are the leading companies and what are their portfolios in Hair Straightener Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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