Hair Dryers - Worldwide

  • Worldwide
  • In 2024, the Hair Dryers market generated a revenue of €7.74bn worldwide.
  • The market is projected to experience an annual growth rate of 4.40% between 2024 and 2029 (CAGR 2024-2029).
  • When comparing global revenue, in China stands out as the top earner, generating €1,773m in 2024.
  • In terms of per household revenue, the Hair Dryers market is expected to generate €3.84 per household in 2024, considering the total number of households worldwide.
  • Looking ahead to 2029, the volume of the Hair Dryers market is estimated to reach 298.2m pieces units.
  • However, a slight decline of 1.4% in volume growth is expected in 2025.
  • On average, each household is anticipated to have a volume of 0.14pieces units in the Hair Dryers market in 2024.
  • Despite the worldwide popularity of hair dryers, the United States remains the largest market for this product, with a wide range of high-end and innovative options available.

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

 
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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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