Saturday, March 2, 2024

Curling Irons Market to Increase by USD 1.29 billion between 2022-2027, North America to Occupy 35% of Market Share – Technavio

NEW YORK, Jan. 24, 2024 /PRNewswire/ — The curling irons market is estimated to grow by USD 1.29 billion from 2022 to 2027, growing at a CAGR of 6.2%North America will account for 35% to the growth during the forecast period. Some of the main reasons behind the high spending on hair styling equipment include rising social media popularity, celebrity endorsements, and new fashion trends. Moreover, consumer engagement with social media sites such as Twitter, Facebook, Instagram, and YouTube is high, which includes beauty salons and celebrity sites that help brands reach consumers across the region. 

The curling irons market is fragmented owing to the presence of many global and regional companies. A few prominent companies are Conair Corp., Dyson Group Co., Geloon Electronic Co. Ltd., Gorgio Professional, Havells India Ltd., Helen of Troy Ltd., IkonicWorld, Koninklijke Philips NV, Lunata Beauty, Panasonic Holdings Corp., PID India Pvt Ltd., Revlon Inc., Sharp Beauty Lounge Inc., Skyline Home Appliances, Spectrum Brands Holdings Inc., Syska Led Lights Pvt. Ltd., Universal Corp. Ltd., Vega, Wella International Operations Switzerland Sarl, and Andis Co. 

More details on Market size and coverage with Historic and forecast opportunities (2017 to 2027). Download a Free Sample Report in minutes!

Company Offering:

  • Conair Corp: The company offers different types of hair styling and care products such as clippers, dryers, trimmers, curling irons, and others.
  • For details on companies and their offerings – Buy the report!

Curling Irons Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 6.2%

Market growth 2023-2027

USD 1.29 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

5.67

Growing popularity of fashion influencers drives growth with cordless iron gaining traction as a major trend, while the availability of counterfeit products hampers growth, says a senior analyst at Technavio.

By Distribution Channel,

  • The offline segment is significant during the forecast period. The segment encompasses hypermarkets, supermarkets, discount stores, and various retail outlets. Offline channels provide a diverse range of hair irons, featuring different brands and competitive prices, supported by their superior purchasing power and periodic promotions and discounts on curling irons.

The sample report provides information on market dynamics and gives data for Market Opportunity Transformation Growth  & Capitalization

Offline and Online Destinations are Popular among Customers Seeking Curling Irons

Hypermarkets and supermarkets serve as convenient offline destinations for customers seeking curling irons along with household items and groceries. This segment, is driven by Ceramic Technology, Tourmaline Coating, Barrel Size, Temperature Control, Ionic Technology, Cordless Models, Professional Grade, Dual Voltage, Heat Settings, Auto Shut-off, Rotating Barrel, Multi-barrel Sets, Digital Display, Ergonomic Design, Instant Heat, Cool Tip, Swivel Cord, Hair Damage Prevention, Wet-to-Dry Feature, Travel-Friendly options, emphasizes brand recognition and consumer reviews. Retail distribution, online sales channels, hair type suitability, safety features, environmental impact, smart curling irons, interchangeable barrels, warranty and service, and innovative styling features contribute to market growth, fueled by the rapid development of the structured retail sector, offering increased visibility and space for existing and new brands. The availability of a wide variety of products at discounted prices further propels the offline segment, projecting an upsurge in curling iron sales during the forecast period.

Related Reports:

The hair loss treatment products market is estimated to grow at a CAGR of 4.6% between 2022 and 2027. The size is forecast to increase by USD 2,216.5 million.

The men’s hair care and styling products market size is expected to increase by USD 19,677.67 million and the size is estimated to grow at a CAGR of 4.18% between 2022 and 2027.

TOC:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Size

5 Five Forces Analysis

6 Segmentation by Distribution Channel

7 Segmentation by Technology

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About US

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact US:

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio

Originally published at https://www.prnewswire.com/news-releases/curling-irons-market-to-increase-by-usd-1-29-billion-between-2022-2027–north-america-to-occupy-35-of-market-share—technavio-302042838.html
Images courtesy of https://pixabay.com

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