Market Overview
The hair curling irons are supposed to be a hair styling instrument which is the main requirement in the present day. These instruments help in creating different hairstyles. As the task is not so tedious and can be handled by themselves, people opt for hair curling irons instruments. This demand led to a rise in the hair curling irons market. The rise in the hair styling products market directly affects the market rise of the hair curling irons market. Like all other markets, even the hair curling irons market had to face the consequences of the pandemic situation COVID'19. People were more focused on treating COVID'19 rather than hair styling products. Since the situation is coming under control, there is a chance of growth in the hair curling irons market. The effect of online media and several brands' promotions is the main reason behind the hair curling irons market. The cost of hair curling iron tools may create a hurdle in the market growth.
Market Segmentation
The Hair curling irons market size can be segmented based on distribution, category, region, application, and barrel size. According to the distribution segment, the market can be further divided into store-based and non-store-based. When the category segment is considered, the market is further divided into cordless and wired products. The region segment consists of North America, Asia-Pacific, Europe, and the rest of the world. The application segment can be divided based on commercial and residential. The barrel segment of the market can be categorized based on the barrel sizes like ½ to 1 inch; 1 inch; 1 ½ inch; 1 ¼ inch; 2 inches etc.
Regional Classification
When the global hair curling irons market under the distribution category is considered, store-based retailers dominate the market. Under the category segment, the cordless hair curling irons are creating new opportunities causing market growth. When analyzed region-wise, the North American segment dominates the market. According to the application segment, the commercial application contributes maximum to the market growth. According to the barrel size segment, the 1 inch barrel size section dominates the market and has the highest contribution in the income earned by the market.
Industry News
The global analysis of the Hair curling irons market states that the market is expected to reach 6.7 billion USD by the end of 2028 at a 5.2% CAGR. The craze of looking trendy is forcing the youth towards using hair curling irons. This increased the market size, especially in developed countries. People can afford to purchase high-priced devices to keep themselves trendy, which is impossible in developing countries. The market growth of evolution hair curler irons mainly depends on the affordability of the purchaser.
On the other hand, the cost of the product hinders its growth. However, innovations have to be conducted to reduce the cost of the product. Appropriate awareness of the product has to be created. This may show good results, and the market size may grow.
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