Hair Curling Irons Market Outlook
The market size of the hair curling irons market is expected to hit 6.7 billion Dollars by the end of the year 2028. During the forecast period of 2021 to 2028, the hair curling irons market is expected to grow with a CAGR or Compound Annual Growth Rate of 5.2% according to expert analysts.
Curling irons are a hair ironing tool that facilitate the styling of hair into curls and waves of desired length and size. They are an advancement from hair straighteners which are also used as hair curling tools. Unlike straighteners and other such tools, hair curling irons are specifically designed for curling dry hair for desired results. Today, there are a variety of curling irons available in the market that are designed for different types of hair. Some types of materials used in curling irons include titanium, tourmaline, and ceramic. Curling irons are usually composed of a metal rod which can be heated and used to curl locks of hair by wrapping them around the rod. The market growth of curling irons can be attributed to the increase seen in grooming efforts made by people. Cost-effective and budget-friendly grooming products are especially sought after by the millennial population. Also, the advancement of technology and design in these tools to best suit the users’ needs is driving the market growth.
Market Segmentation
The market for hair curling irons market can be segmented on four bases. These are segmentation by region, distribution channel, barrel size and category.
On the grounds of distribution channel, the segments are non-store-based distribution channel and store-based distribution channels. Out of these segments, the store-based distribution channel segment is expected to dominate the market growth in the projected period and has previously done so.
On the grounds of barrel size, the segments are 2 inches, 1.25 inches, 1.5 inches, 1 inch, 0.5 inches and Others.
On the grounds of category, the segments are cordless and wired. Out of these segments, the segment for cordless curling irons is more in demand and are anticipated to drive the market growth in the forecast period.
Regional Classification
Based on region, the segments are Europe, Africa, Latin America, Middle East, and Asia Pacific. North America has led the market share previously and is expected to continue to dominate the Hair curling irons Market in the projected period of 2021 to 2028. The growth of the market in North America can be attributed to the increase seen in personalised and personally appealing grooming products, the marketing of which is done majorly by social media influencers. Asia Pacific or APAC is anticipated to have the fastest rate of growth or CAGR in the forecast period owing to the increase seen in the adoption and idealisation of trends from the West.
Industry News
There are many main Key Hair Curling Irons Market Players in the industry for hair curling irons. These include Dyson, Conair Corporation, Havells India Limited, Lunata Beauty, Spectrum Brands Inc., Helen of Troy Limited, Revlon Inc., Andis Company Inc., VEGA, and Koninklijke Philips N.V.
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