The global hair straightener market size reached US$ 587.9 Million in 2022. Looking forward, IMARC Group expects the market to reach a value US$ 759.9 Million by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028.
A hair straightener refers to an indispensable styling tool used to straighten frizzy, curly, or unmanageable hair while providing a glossy texture for a longer duration. It comprises the cord, power button, temperature control systems, heating elements, and straightening plates manufactured from ceramics and diverse coatings as some standard components. Hair straighteners are safe, reliable, easy to use, and formaldehyde-free. They are commercially available in wide, medium, narrow, and mini-plate product types. In addition, hair straighteners moisturize and condition them naturally while evenly distributing the heat. As a result, they are extensively used in residential spaces.
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Hair Straightener Market Trends:
The growing consumer concerns about maintaining hair quality to enhance their overall physical appearance, on account of the elevating number of salon chains across the globe, shifting preferences, and inflating disposable income and urbanization levels, are among the key elements stimulating the hair straightener market. Moreover, the increasing awareness among the masses regarding the detrimental effects of chemical hair treatments caused by numerous active ingredients has facilitated the widespread adoption of the product, which is acting as another significant growth-inducing factor.
Besides this, the development of modern energy-efficient electronic hair styling items with light-emitting diode (LED) indicators, smartphone connectivity, and built-in sensors to control dryer heat and hair moisture levels in real-time automatically is positively influencing the global market. Furthermore, several celebrity endorsements, deployment of aggressive marketing tactics, various strategic collaborations amongst key players to engineer the product with advanced features, and their availability on numerous distribution channels are anticipated to fuel the hair straightener market over the forecasted period.
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Hair Straightener Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the hair straightener market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Key Market Segmentation:
The report has segmented the hair straightener market on the basis of plate type, distribution channel and end user.
Breakup by Plate Type:
Breakup by Distribution Channel:
Breakup by End User:
Breakup by Region:
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