Hair Dryers - Canada

  • Canada
  • In 2024, the Hair Dryers market in Canada is projected to generate revenue of €68.99m.
  • It is anticipated that this market will experience an annual growth rate of 5.53% (CAGR 2024-2029).
  • When compared globally, in China leads the way in revenue generation, with an estimated revenue of €1,773m in 2024.
  • In terms of household income, the Hair Dryers market is expected to generate €6.71 per household in 2024.
  • Looking ahead to 2029, the volume of the Hair Dryers market is forecasted to reach 1.9m pieces units.
  • However, it is expected to experience a slight decline of -0.1% in 2025.
  • On average, each household in Canada is projected to have a volume of 0.19pieces in the Hair Dryers market in 2024.
  • The Canadian market for hair dryers is experiencing a growing demand for eco-friendly and energy-efficient models.

Key regions: Germany, Indonesia, China, Worldwide, United States

 
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Comparación de regiones
 
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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Survey data is reweighted for representativeness.

Visión general

  • Revenue
  • Key Players
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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