Technavio has announced the top five leading vendors in their recent
global hair dryer market report until 2021. This research report also
lists 24 other prominent vendors that are expected to impact the market
during the forecast period.Hair factory
The
research study by Technavio on the global hair dryer market for
2017-2021 provides a detailed industry analysis based on the end-users
(professional and individual), products (corded and cordless), price
range (mass, mid-range, premium, and ultra-premium), and geography (the
Americas, Europe, APAC, and MEA).
“The global hair dryer market is projected to grow to nearly USD 17
billion by 2021, at a CAGR of close to 5% over the forecast period.
Changing demographics and the growing trend of personal grooming are the
key factors boosting the market growth,” says Poonam Saini, a lead
analyst at Technavio for consumer services and personal care research.
The
global hair dryer market is highly competitive with the presence of a
few major and many small- and mid-sized vendors. The major players
include Conair, Dyson, Panasonic, Koninklijke Philips, and TESCOM. These
players are very competitive in terms of their product offerings. In
2016, these five major vendors contributed almost 30% to the global
revenue.
Dyson and Koninklijke Philips are European MNCs based in the UK and
the Netherlands, respectively. Conair is based in the US, and Panasonic
and TESCOM are based in Japan. The market presence of these companies
signifies that these, except TESCOM, have significant market share
across all regions. TESCOM’s largest revenue share for hair dryers comes
from APAC.
Top five vendors in the global hair dryer market
Conair
Conair
develops, manufactures, and markets personal grooming, bath and spa,
hair care, health and wellness, garment and home care, oral care, and
travel products. The company serves customers through its online
retailers and online stores in the US, Mexico, Spain, and Brazil.
Dyson
Dyson designs and manufactures lighting products, fans and heaters,
hand dryers, and vacuum cleaners. It markets and sells its products
through retailers in the UK and globally. The company sells its products
in more than 65 countries worldwide.
Koninklijke Philips
Koninklijke
Philips engages in the healthcare, consumer lifestyle, and lighting
businesses worldwide. Globally, it is one of the leading manufacturers
of personal care appliances, including hair dryers. The company has
positioned itself as a manufacturer of superior quality hair dryers.
Panasonic
Panasonic
manufactures and distributes electronic and electrical products in
Japan and worldwide. The company provides various business solutions
such as communication solutions, security systems, professional AV,
document and imaging solutions, IT solutions, terminal solutions, and
recording media.
TESCOM
TESCOM offers beauty and personal care
appliances, including hair care and skin care appliances. Its commercial
use brand Nobby has been a top seller among hair care professionals.
It looks like you're new here. If you want to get involved, click one of these buttons!