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Global Hair Straightener Market – Industry Trends and Forecast to 2031

FMCG | Upcoming Report | Jul 2024 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60

Report Description

Global Hair Straightener Market, By Plate Type (Ceramic, Titanium, and Tourmaline), Application (Household and Commercial), Distribution Channel (Supermarkets/Hypermarkets, Institutional Sales, Multi-Branded Stores, Online, and Other) – Industry Trends and Forecast to 2031.


Hair Straightener Market Analysis and Size

The global hair straightener market is experiencing significant growth driven by rising consumer demand for personal grooming and styling tools. The increasing popularity of hair straightening among both men and women, coupled with the growing influence of social media and beauty trends, is fueling market expansion. Advancements in technology, such as the incorporation of ceramic, titanium, and tourmaline plates, as well as features like adjustable temperature settings, ionic technology, and steam functions, are enhancing product performance and attracting more consumers. The market is also benefiting from the increasing disposable incomes and changing lifestyle preferences, particularly in emerging economies.

Global hair straightener market size was valued at USD 734.36 million in 2023 and is projected to reach USD 1,122.75 million by 2031, with a CAGR of 5.45% during the forecast period of 2024 to 2031. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024-2031

Base Year

2023

Historic Years

2022 (Customizable to 2016 - 2021)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Plate Type (Ceramic, Titanium, and Tourmaline), Application (Household and Commercial), Distribution Channel (Supermarkets/Hypermarkets, Institutional Sales, Multi-Branded Stores, Online, and Other)

Countries Covered

U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America

Market Players Covered

Syska (India), Panasonic Corporation (Japan), Procter & Gamble (U.S.), Koninklijke Philips N.V. (Netherlands), Dyson (U.K.), Conair Corporation (U.S.), Spectrum Brands, Inc. (U.S.), Revlon (U.S.), Beurer (Germany), Groupe SEB (France), Coty Inc. (U.S.), HSI PROFESSIONAL (U.S.), Cortex Beauty (U.S.), Bio Ionic (U.S.), Helen of Troy (U.S.), IZUTECH (U.S.), Turboion Inc (U.S.), CARMEN (U.K.), Farouk Systems Inc. (U.S.), HAUTEHOUSEBRANDS, LLC. (U.S.), John Paul Mitchell Systems (U.S.)

Market Opportunities

  • Influence of Social Media and Beauty Trends  
  • Technological Advancements in Hair Straighteners                    

Market Definition

A hair straightener is a hair styling tool used to straighten and smoothen hair. It typically consists of two heated flat plates that are pressed together and run through sections of hair, applying heat and pressure to alter the hair's natural texture, making it straight and sleek. Hair straighteners can be made from various materials, such as ceramic, titanium, or tourmaline, which help to evenly distribute heat and reduce damage to the hair.              

Hair Straightener Market Dynamics

Drivers

  • Increasing Demand for Personal Grooming     

Consumers are increasingly investing in hair styling tools to achieve salon-like results at home. This trend is particularly pronounced among young adults and professionals who prioritize a polished look for social and professional settings. The convenience of being able to style hair quickly and efficiently without the need for salon visits is a major factor contributing to this demand. Additionally, the proliferation of beauty and grooming content online has educated consumers on the importance of grooming, further propelling the market for hair straighteners.       

  • Rising Disposable Incomes        

Higher disposable incomes, particularly in emerging economies, are enabling more consumers to purchase premium hair styling tools, boosting market growth. As economies grow and the middle class expands, there is a noticeable shift towards higher spending on personal care products. Consumers in regions such as Asia-Pacific and Latin America are increasingly willing to invest in high-quality hair straighteners that offer advanced features and better performance. This rise in purchasing power is driving the sales of both mid-range and premium hair straighteners, contributing significantly to the overall market growth.

Opportunities

  • Influence of Social Media and Beauty Trends   

Platforms like Instagram, YouTube, and TikTok are filled with tutorials, reviews, and styling tips that highlight the benefits of using hair straighteners. Influencers and beauty bloggers often showcase the latest products and techniques, creating a buzz that translates into increased consumer demand. This phenomenon is not limited to any single region but is a global trend, with consumers seeking to replicate the styles and looks endorsed by their favorite influencers, thereby boosting the market for hair straighteners. Social media platforms and beauty influencers are playing a significant role in popularizing hair straightening styles and tools, driving consumer interest and sales in hair straightening treatment.                           

  • Technological Advancements in Hair Straighteners       

Innovations such as ceramic, titanium, and tourmaline plates, as well as features like adjustable temperature settings and ionic technology, are enhancing the performance and safety of hair straighteners, attracting more consumers. These advancements address key consumer concerns such as hair damage and styling efficiency. For instance, ceramic and tourmaline plates ensure even heat distribution, reducing the risk of hot spots that can damage hair. Ionic technology helps to reduce frizz and static, resulting in smoother, shinier, and straightened hair. The continuous evolution of these technologies makes hair straighteners more effective and safer to use, thereby broadening their appeal across various consumer segments.

Rrestraints/Challenges

  • Concerns About Hair Damage   

The potential for hair damage due to excessive heat exposure is a significant concern for consumers, which may limit the use of hair straighteners. Prolonged or frequent use of high-temperature styling tools can lead to issues such as dryness, split ends, and breakage. This concern is particularly prevalent among consumers with fine or chemically treated hair, who are more susceptible to heat damage. Manufacturers are addressing this issue by incorporating heat protection features and offering products with adjustable temperature settings. However, the inherent risk of hair damage remains a restraint that may discourage some consumers from regularly using hair straighteners.          

  • Availability of Alternative Hair Styling Tools 

The presence of alternative hair styling tools, such as curling irons and hair dryers with straightening attachments, may reduce the demand for standalone hair straighteners. These multifunctional tools offer versatility and convenience, allowing users to achieve a variety of styles with a single device. For instance, hair dryers with built-in hair straightening brushes can dry and straighten hair simultaneously, saving time and effort. The availability of such alternatives provides consumers with more choices, which can impact the market share of traditional hair straighteners. Manufacturers must continue to innovate and differentiate their products to remain competitive in a market with diverse styling tool options.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

  • In July 2024, Dyson is set to launch its Airstrait straightener in India. This innovative hair styling device from Dyson combines wet-to-dry styling, providing users with a unique approach to hair care. It allows users to straighten and style their hair directly from wet, eliminating the need for traditional hot plates
  • In January 2024, Philips India, a global leader in health technology and innovations, proudly unveils a groundbreaking hairstyling tool—the country's first hair straightener designed to style without causing heat damage. The Philips Hair Straightener with NourishCare Technology features unique serum strips infused with hair-nourishing ingredients, including Vitamin E and Moroccan Argan oil, as well as Kerashine care. This innovative design helps style and nourish hair while protecting it from heat damage

Hair Straightener Market Scope

The market is segmented on the basis of plate type, distribution channel, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Plate Type

  • Ceramic
  • Titanium
  • Tourmaline

Application

  • Household
  • Commercial

Distribution Channel

  • Supermarkets/Hypermarkets
  • Institutional Sales
  • Multi-Branded Stores
  • Online
  • Other

Hair Straightener Market Regional Analysis/Insights

The market is analyzed and market size insights and trends are provided by plate type, distribution channel, and application as referenced above.

The countries covered in the market report are U.S., Canada, and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South  America.

Europe is expected to dominate due to the profound influence of the fashion industry. The region's strong emphasis on fashion, including apparel, makeup products, and cosmetics, significantly drives consumer demand for hair styling tools.     

The Asia-Pacific is expected to experience rapid growth in the market due to the presence of major key players in the region. Countries like China, Japan, and South Korea are home to some of the leading manufacturers and innovators in the hair care industry. These companies are continuously investing in product innovation and technological advancements to meet the evolving needs of consumers.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Hair Straightener Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.

Some of the major players operating in the market are:

  • Syska (India)
  • Panasonic Corporation (Japan)
  • Procter & Gamble (U.S.)
  • Koninklijke Philips N.V. (Netherlands)
  • Dyson (U.K.)
  • Conair Corporation (U.S.)
  • Spectrum Brands, Inc. (U.S.)
  • Revlon (U.S.)
  • Beurer (Germany)
  • Groupe SEB (France)
  • Coty Inc. (U.S.)
  • HSI PROFESSIONAL (U.S.)
  • Cortex Beauty (U.S.)
  • Bio Ionic (U.S.)
  • Helen of Troy (U.S.)
  • IZUTECH (U.S.)
  • Turboion Inc (U.S.)
  • CARMEN (U.K.)
  • Farouk Systems Inc. (U.S.)
  • HAUTEHOUSEBRANDS, LLC. (U.S.)
  • John Paul Mitchell Systems (U.S.)


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