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Top 5 Vendors in the Hair Dryer Market – COVID Impact | Technavio

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COVID-19 market impact analysis anticipates Negative and Inferior growth of the hair dryer market, with the 41% of the market’s growth will originate from APAC during the forecast period, according to Technavio report Global hair dryer market with COVID-19 analysis.

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Technavio has announced its latest market research report titled Global Hair Dryer Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Hair Dryer Market 2020-2024 (Graphic: Business Wire)

The increasing availability of low-cost or economic hair dryers is one of the key factors expected to drive hair dryer market growth. Several small-budget market players are increasingly manufacturing hair dryers at lower costs due to the continuous innovation in manufacturing technologies. The increasing popularity of these economic hair dryers is also encouraging major market players to extend their product line and offer products for the economical end-user segment. Consequently, there will also be a significant drop in the prices of hair dryers, which will also result in an increase in their sales. Furthermore, this industry research report also presents a competitive analysis of the market by product (corded hair dryers and cordless hair dryers), end-user (professional usage and individual usage), and geography (APAC, Europe, MEA, North America, and South America).

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Competitive vendor landscape

The global hair dryer market is highly competitive with major vendors such as Beauty by Imagination Inc., Conair Corp., Coty Inc., Dyson, Havells India Ltd., Koninklijke Philips NV, Orchids International, Panasonic Corp., Revlon Inc., and Skyline Home Appliances., competing based on price, quality, and market presence.

“Apart from the increasing availability of low-cost hair dryers, the consumer’s high spending on professional salons and blow dry bars product innovation in terms of design and features are some other major factors that will boost market growth during the forecast period,” says a senior analyst at Technavio.

Top Five Hair Dryer Market Vendors

Beauty by Imagination Inc.

Beauty by Imagination Inc. operates its business under unified segment. The company offers a wide range of hair dryers under the brand Bio Ionic. Few of the products include PowerLight Pro-Dryer, Graphene MX Dryer, and GoldPro Travel Dryer, among others.

Conair Corp.

Conair Corp. operates its business under three segments, which include BaByliss PRO, Cuisinart, and waring commercial. The company offers a wide range of full-size, mid-size, compact, and wall-mount hair dryers, such as Frizz Free Pro dryer, Cord-Keeper dryer, and others.

Coty Inc.

Coty Inc. has business operations under various segments, namely consumer beauty, luxury, and professional beauty. The company offers a wide range of hair dryers under the brand good hair day (ghd). Few newly introduced hair dryers by the company are ghd platinum+, ghd gold, and the ghd helios hair dryers.

Dyson

Dyson operates its business under four segments, which include air purifiers, cord-free vacuums, hair care, and lighting. The company offers Dyson Supersonic hair dryer in different models, features, and colors.

Havells India Ltd.

Havells India Ltd. operates its businesses under segments: switchgears, cables, lighting and fixtures, electrical consumer durables, and lloyd consumer. The company offers a wide variety of hair dryers, such as 2-in-1 hair dryer, ionic hair dryer, dual voltage hair dryer, compact hair dryer, and others.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Custom Reports with Industry & COVID-19 Analysis

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Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Corded hair dryers – Market size and forecast 2019-2024
  • Cordless hair dryers – Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by End user

  • Market segments
  • Comparison by End user
  • Professional usage – Market size and forecast 2019-2024
  • Individual usage – Market size and forecast 2019-2024
  • Market opportunity by End user

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe – Market size and forecast 2019-2024
  • North America – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume drivers- Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Beauty by Imagination Inc.
  • Conair Corp.
  • Coty Inc.
  • Dyson
  • Havells India Ltd.
  • Koninklijke Philips NV
  • Orchids International
  • Panasonic Corp.
  • Revlon Inc.
  • Skyline Home Appliances

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.