Global Hair Dryer Market Outlook: Trends, Growth & Forecast 2024–2030
The global hair dryer market was valued at USD 8.72 billion in 2023, and it is projected to expand at a compound annual growth rate (CAGR) of 5.6% during the period from 2024 to 2030. This anticipated growth is largely attributed to improving living standards and an increasing focus on physical appearance across a wide demographic spectrum. The rising popularity of hair care and styling, influenced by evolving fashion trends, has significantly boosted the global demand for hair dryers. Furthermore, styles showcased in films and on fashion runways have had a considerable influence on consumer preferences, thereby driving product sales across various age groups. Hair dryers are multifunctional tools that allow users to style, curl, straighten, volumize, or smoothen their hair through the application of heat, a factor that is expected to further propel market expansion during the forecast period. One of the primary factors contributing to the market's progression is th...