Market Size of Asia Pacific Hair Styling Tools Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.93 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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APAC Hair Styling Tools Market Analysis
The Asia Pacific beauty and personal care market is projected to register a CAGR of 4.93% during the forecast period.
- In Asia Pacific, hair is considered a defining feature of beauty and people attach significance to the quality and texture of their hair, believing it reflects their overall physical health. The market is witnessing a rapid change in keeping their hair healthy and thus following a good hairstyle, which is further influenced by evolving fashion trends, celebrity styles, and cinema making a major impact on hair styling. This is thus fueling the use of hair styling tools.
- Furthermore, the rise in the professional salon service industry in the emerging Asian-Pacific countries has opened vast opportunities for hair styling tool manufacturers to offer straighteners, curlers, crimpers, and various other hair tools. As consumers gravitate towards receiving professional salon services, it strongly supports the sales of hair styling equipment across the region.
APAC Hair Styling Tools Industry Segmentation
Hair styling tools include products used to style hair and add shine, texture, curl, and volume to hair.
The Asia Pacific hair styling tools market is segmented by product type, distribution channel, and geography. Based on product type, the market is segmented into hair dryers, hair straightening tools, hair curling tools, and multipurpose hair styling tools. Based on the distribution channel, the market is segmented into supermarkets/hypermarkets, specialty stores, online retail stores, and other distribution channels. Based on geography, the market is segmented into China, Japan, India, Australia, and the Rest of Asia-Pacific.
The report offers market size and forecasts for Asia-Pacific Hair Styling Tools Market in value (USD million) for all the above segments.
By Product Type | |
Hair Dryer | |
Hair Straightening Tools | |
Hair Curling Tools | |
Multipurpose Hair Styling Tools |
By Distribution Channel | |
Supermarkets/Hypermarkets | |
Specialty Stores | |
Online Retail Stores | |
Other Distribution Channels |
By Geography | |
China | |
Japan | |
India | |
Australia | |
Rest of Asia-Pacific |
Asia Pacific Hair Styling Tools Market Size Summary
The Asia Pacific hair styling tools market is experiencing significant growth, driven by the region's cultural emphasis on hair as a key aspect of beauty and personal health. This market is evolving rapidly due to the influence of fashion trends, celebrity styles, and cinema, which are shaping consumer preferences for hair styling tools. The burgeoning professional salon industry in emerging Asian-Pacific countries is creating substantial opportunities for manufacturers of hair styling tools, such as straighteners, curlers, and crimpers. As consumers increasingly seek professional salon services, the demand for these tools is on the rise, supporting market expansion across the region.
In this fragmented market, both local and multinational players are actively competing by launching innovative products and investing in research and development to meet consumer demands for advanced hair protection technology. The market is particularly dominated by hair dryers and straighteners, with consumers willing to invest in high-quality products that offer less hair damage. Prominent companies like Koninklijke Philips N.V., Panasonic Corporation, and others are introducing cost-efficient and portable solutions to broaden their consumer base. The growing personal grooming trends and increased consumer spending power further propel the demand for hair styling tools, with online sales channels gaining popularity for their convenience.
Asia Pacific Hair Styling Tools Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Product Type
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2.1.1 Hair Dryer
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2.1.2 Hair Straightening Tools
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2.1.3 Hair Curling Tools
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2.1.4 Multipurpose Hair Styling Tools
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2.2 By Distribution Channel
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2.2.1 Supermarkets/Hypermarkets
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2.2.2 Specialty Stores
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2.2.3 Online Retail Stores
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2.2.4 Other Distribution Channels
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2.3 By Geography
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2.3.1 China
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2.3.2 Japan
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2.3.3 India
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2.3.4 Australia
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2.3.5 Rest of Asia-Pacific
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Asia Pacific Hair Styling Tools Market Size FAQs
What is the current Asia Pacific Hair Styling Tools Market size?
The Asia Pacific Hair Styling Tools Market is projected to register a CAGR of 4.93% during the forecast period (2024-2029)
Who are the key players in Asia Pacific Hair Styling Tools Market?
Koninklijke Philips N.V., Panasonic Corporation, SSK Group, Andis Company, Inc. and Havells India Limited are the major companies operating in the Asia Pacific Hair Styling Tools Market.