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What Is the Estimated Market Growth Potential of the Hair Styling Tools Market by 2029?
The hair styling tools market size has grown strongly in recent years. It will grow from $32.1 billion in 2024 to $34.01 billion in 2025 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to celebrity and social media influence, changing fashion trends, professional salon industry growth, rising disposable income and consumer spending, innovations in materials and design, convenience and DIY hair styling trends.
The hair styling tools market size is expected to see strong growth in the next few years. It will grow to $46 billion in 2029 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to smart and connected styling devices, sustainable and eco-friendly products, inclusion of health-friendly features, e-commerce and online retail trends, customization and personalization. Major trends in the forecast period include advancements in technology, rise of smart and connected tools, innovation in cordless and portable devices, influence of social media and beauty influencers, multi-functional tools.
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Which Key Growth Contributors Will Drive the Hair Styling Tools Market in the Next Decade?
The growing need of grooming among the global population is expected to drive the growth of the hair styling tools market. Grooming refers to the practice of cleaning and maintaining body parts offering a good appearance. The grooming need among the global population is growing due to increasing beauty and health awareness among people, confidence-boosting, self-care, fashion trends, and others, creating a significant demand for hair styling tools. The hair styling tools include hairdryers, hair straighteners, hair curlers, and various other products that add texture and volume to the hair, resulting in the best grooming. For instance, according to a survey commissioned by a provider of science-backed and data-driven male grooming advice Prim & Prep in 2022, a broad majority of men care about poor grooming habits and want to do it properly. More than 3/4th (76%) of men spend time grooming to take pride in their appearance. The survey results show that personal appearance and hygiene are primarily performed for self-respect. This indicates that the need for grooming is increasing, which will drive the growth of the hair styling tools market.
What Segments Are Covered in the Hair Styling Tools Market Report?
The hair styling tools market covered in this report is segmented –
1) By Type: Manual, Electric
2) By Product Type: Hair Dryers, Hair Curlers And Rollers, Hair Straighteners, Hair Styling Brushes And Combs, Others (Hair Scalp Massager)
3) By Distribution Channel: Hypermarkets And Supermarkets, Specialty Stores, Online Channels, Other Distribution Channels (Salons, Departmental Stores)
4) By Application: Household, Commercial
Subsegments:
1) By Manual: Brushes And Combs, Hair Rollers, Hair Clips And Pins, Non-Heated Styling Tools
2) By Electric: Hair Dryers, Hair Straighteners, Curling Irons And Wands, Hot Air Brushes, Multi-Stylers
What Are the Key Trends Shaping the Hair Styling Tools Market?
Major companies operating in the hair styling tools market are focusing on technological innovations, such as intelligent timer and automatic curling irons, to deliver advanced features that enhance user experience and promote efficient hair styling for consumers. An automatic curling iron is a hair-styling device that uses motorized technology to curl hair automatically, reducing the effort and skill required compared to traditional curling irons. For instance, in November 2023, Beurer GmbH, a Germany-based company that manufactures electrical devices, launched the HT 75, an automatic curling iron. This innovative product features an open curling chamber design, which enhances safety during styling by minimizing the risk of hair getting caught or damaged. The curling iron is equipped with a ceramic and tourmaline coating, which helps in maintaining hair health while styling. It offers three temperature settings to accommodate different hair types and styling preferences.
Who Are the Most Influential Players in the Hair Styling Tools Market?
Major companies operating in the hair styling tools market include Panasonic Corporation, Koninklijke Philips N.V., Dyson Limited, Spectrum Brands Holdings Inc., Conair Corporation, GHD Limited, Remington Products LLC, Drybar Inc., Farouk Systems Inc., Andis Company LLC, Wahl Clipper Corporation, Braun GmbH, Babyliss SAS, Curlisto, Bio Ionic Inc., T3 Micro, Rowenta GmbH & Co. KG, Vidal Sassoon International Ltd, Instyler, Hot Tools Professional, HSI Professional, Amica International Ltd, Infiniti Hair, Sutra Beauty, NuMe Hair Tools, Harry Josh Salon, Bed Head Professional, ION Beauty
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Which Region Is Projected to Account for the Largest Share of the Hair Styling Tools Market?
North America was the largest region in the hair styling tools market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hair styling tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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