Hair Curling Irons Market Worldwide Prospects, Share, Crucial Players, Size & Forecast – 2027
Market Overview
The hair
curling irons are supposed to be a hair styling instrument which is the main
requirement in the present day. These instruments help in creating different
hairstyles. As the task is not so tedious and can be handled by themselves,
people opt for hair curling irons instruments. This demand led to a rise in the
hair curling irons market. The rise in
the hair styling products market directly affects the market rise of the hair
curling irons market. Like all other markets, even the hair curling irons market
had to face the consequences of the pandemic situation COVID'19. People were
more focused on treating COVID'19 rather than hair styling products. Since the
situation is coming under control, there is a chance of growth in the hair
curling irons market. The effect of online media and several brands' promotions
is the main reason behind the hair curling irons market. The cost of hair
curling iron tools may create a hurdle in the market growth.
Market Segmentation
The Hair Curling Irons Market can be segmented based
on distribution, category, region, application, and barrel size. According to
the distribution segment, the market can be further divided into store-based
and non-store-based. When the category segment is considered, the market is
further divided into cordless and wired products. The region segment consists
of North America, Asia-Pacific, Europe, and the rest of the world. The
application segment can be divided based on commercial and residential. The
barrel segment of the market can be categorized based on the barrel sizes like
½ to 1 inch; 1 inch; 1 ½ inch; 1 ¼ inch; 2 inches etc.
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Regional Classification
When the
global hair curling irons market
under the distribution category is considered, store-based retailers dominate
the market. Under the category segment, the cordless hair curling irons are
creating new opportunities causing market growth. When analyzed region-wise,
the North American segment dominates the market. According to the application
segment, the commercial application contributes maximum to the market growth.
According to the barrel size segment, the 1 inch barrel size section dominates
the market and has the highest contribution in the income earned by the market.
Industry News
The global
analysis of the Hair curling irons
market states that the market is expected to reach 6.7 billion USD by
the end of 2028 at a 5.2% CAGR. The craze of looking trendy is forcing the
youth towards using hair curling irons. This increased the market size,
especially in developed countries. People can afford to purchase high-priced
devices to keep themselves trendy, which is impossible in developing countries.
The market growth of evolution hair curler irons
mainly depends on the affordability of the purchaser.
On the other
hand, the cost of the product hinders its growth. However, innovations have to
be conducted to reduce the cost of the product. Appropriate awareness of the
product has to be created. This may show good results, and the market size may
grow.
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