Europe Hair Styling Tools Market Trends, Share, Size, Demand, Revenue and Future Outlook
Europe Hair Styling Tools Market Growth, Size, Trends Analysis- By Product Type, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Nov-2024 | Report ID: FMCG24205 | Pages: 1 - 158 | Formats*: |
| Category : Consumer & Retail | |||
Europe Hair Styling Tools Market Introduction and Overview
According to SPER Market Research, the Europe Hair Styling Tools Market is estimated to reach USD 13821.55 million by 2033 with a CAGR of 5.25%.
The report includes an in-depth analysis of the Europe Hair Styling Tools Market, including market size and trends, product mix, Applications, and supplier analysis. Hair styling tools include goods that meet a variety of style demands and preferences. These tools are essential for creating a variety of hairstyles, from smooth and straight to full curls and waves. Hair straighteners, also known as flat irons, are intended to straighten hair by smoothing out kinks, curls, and frizz. They use heated plates, usually composed of ceramic or titanium, to glide over portions of hair, creating a smooth, straight appearance.
- August 2020 – Coty Inc., a hair care products company, has unveiled its new ghd rise, a volumizing hot brush designed to improve hair volume by two times using ultra-zone SMART technology.
- Panasonic plans to release the Panasonic Nanoe, a travel hair dryer, in August 2022. This styling tool is specifically developed for consumers who travel frequently and are looking for salon-quality styling equipment.
Market Opportunities and Challenges
Opportunities:
- Innovations and Social Media's Impact on Hairstyle Products - Increased innovation in hair styling equipment based on the feedback of individuals and salon professionals encourages manufacturers to create new goods, which in turn propels market expansion. It is anticipated that the increase in social media influencers, do-it-yourself hairstyle guides, and training videos—particularly among millennials—will open up new business prospects for participating organizations.
- Online stores to grow at a quick rate - Online shopping has seen fast expansion in the hair styling products industry, since it provides for easy research, product price and comparisons, and the chance to uncover daily deals. Many clients with time constraints continue to be enticed by the ease of having the goods delivered to their doorstep.
Challenges:
- Intense Competition - The market is extremely competitive, with many established and developing competitors contending for market share. This is a difficulty for new entrants looking to establish their presence.
- Stringent rules - The hair care products and styling equipment industry is subject to stringent rules governing product safety, ingredient labeling, and environmental sustainability. Compliance with these standards can be a challenge for producers.
- Pricing Pressures - Consumer price sensitivity may limit the market potential for premium or high-end hair care products and styling tools. Price competitiveness can have an impact on manufacturers' profit margins.
Market Competitive Landscape
Leading businesses in the European hair styling tool industry include Koninklijke Philips N.V., BaBylissPRO, Dyson, and Panasonic. To compete with new market players, corporations are adopting numerous techniques, including product innovation.Market competitors have expanded their presence in the region by introducing innovative hair styling equipment to address growing consumer concerns about hair.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product Type, By Distribution Channel |
| Regions covered | Germany, United Kingdom, Italy, Spain, France, Russia, Rest of Europe |
| Companies Covered | Koninklijke Philips N.V, BaBylissPRO, Dyson, Panasonic, Spectrum Brands, Inc, Beauty Elite Group, Conair Corporation, Wahl Clipper. |
By Product Type Insights
The hair styling tools market has a wide range of items designed to fulfill different customer needs and styling preferences. Hair dryers remain a personal care necessity, providing speedy drying and various styling options. Hair straighteners and curling irons further divide the market, catering to consumers who want smooth styles or curls and waves, respectively. Hair clippers, hot brushes, crimpers, and wavers offer specialized solutions for cutting, smoothing, and texturizing hair. Hot rollers and multistylers are popular among people seeking long-lasting curls and versatile styling options.
COVID-19 Impact on Europe Hair Styling Tools Market
Hair salons and spas are not deemed essential entities, and the government has ordered them to close during the pandemic. The lockdown has had a significant impact on styling product orders from commercial end users. However, due to the work-from-home culture, users are expected to spend more time looking for and purchasing hair styling items online. Furthermore, job losses and general economic downturns have reduced the population's purchasing capacity, resulting in decreasing preferences for non-essential commodities.
Key Target Audience:
- Retail Consumers
- Young Adults and Millennials
- Professional Salons and Hair Stylists
- Beauty and Personal Care Enthusiasts
- High-Income and Premium Consumers
- E-Commerce Shoppers
- Beauty Schools and Training Institutes
- Department Stores, Supermarkets, and Specialty Retailers
- Travelers and Hospitality Chains (for in-room styling tools)
- Distributors and Importers of Personal Care Appliances
- Fashion and Entertainment Industry
Our in-depth analysis of the Europe Hair Styling Tools Market includes the following segments:
| By Product Type: | |
| By Distribution Channel: |
Key Topics Covered in the Report:
- Europe Hair Styling Tools Market Size (FY’2024-FY’2033)
- Overview of Europe Hair Styling Tools Market
- Segmentation of Europe Hair Styling Tools Market By (Hair Dryers, Hair Curlers & Rollers, Hair Straighteners Hair Brushes & Combs, Others)
- Segmentation of Europe Hair Styling Tools Market By Distribution Channel (Online Retail, Offline Retail)
- Statistical Snap of Europe Hair Styling Tools Market
- Expansion Analysis of Europe Hair Styling Tools Market
- Problems and Obstacles in Europe Hair Styling Tools Market
- Competitive Landscape in the Europe Hair Styling Tools Market
- Impact of COVID-19 and Demonetization on Europe Hair Styling Tools Market
- Details on Current Investment in Europe Hair Styling Tools Market
- Competitive Analysis of Europe Hair Styling Tools Market
- Prominent Players in the Europe Hair Styling Tools Market
- SWOT Analysis of Europe Hair Styling Tools Market
- Europe Hair Styling Tools Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Europe Hair Styling Tools Market.
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Hair Styling Tools Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Hair Styling Tools Market
7. Europe Hair Styling Tools Market, By Product Type (USD Million) 2020-2033
7.1. Europe Hair Styling Tools Market Size, Share and Forecast, By Product Type, 2020-20267.2. Europe Hair Styling Tools Market Size, Share and Forecast, By Product Type, 2027-20337.3. Hair Dryers7.4. Hair Curlers & Rollers7.5. Hair Straighteners7.6. Hair Brushes & Combs7.7. Others
8. Europe Hair Styling Tools Market, By Distribution Channel (USD Million) 2020-2033
8.1. Europe Hair Styling Tools Market Size, Share and Forecast, By Distribution Channel, 2020-20268.2. Europe Hair Styling Tools Market Size, Share and Forecast, By Distribution Channel, 2027-20338.3. Online Retail8.4. Offline Retail
9. Europe Hair Styling Tools Market Forecast, 2020-2033 (USD Million)
9.1. Europe Hair Styling Tools Market Size and Market Share
10. Europe Hair Styling Tools Market, By Region, 2020-2033 (USD Million)
10.1. Europe Hair Styling Tools Market Size and Market Share By Region (2020-2026)10.2. Europe Hair Styling Tools Market Size and Market Share By Region (2027-2033)10.3. Germany10.4. United Kingdom10.5. Italy10.6. Spain10.7. France10.8. Russia10.9. Rest of Europe
11. Company Profile
11.1. Koninklijke Philips N.V11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. BaBylissPRO
11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments11.3. Dyson11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments11.4. Panasonic11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments11.5. Spectrum Brands, Inc11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments11.6. Beauty Elite Group11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments11.7. Conair Corporation11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments11.8. Wahl Clipper11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments11.9. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Europe Hair Styling Tools Market is projected to reach USD 13821.55 million by 2033, growing at a CAGR of 5.25% during the forecast period.
Europe Hair Styling Tools Market grew in Market size from 2024. The Market is expected to reach USD 13821.55 million by 2033, at a CAGR of 5.25% during the forecast period.
Europe Hair Styling Tools Market CAGR of 5.25% during the forecast period.
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Europe Hair Styling Tools Market size is USD 13821.55 million from 2024 to 2033.
Europe Hair Styling Tools Market is covered By Product Type, By Distribution Channel
The Europe is anticipated to have the highest Market share in the Europe Hair Styling Tools Market.
The Key players in the Market include Companies Covered Koninklijke Philips N.V, BaBylissPRO, Dyson, Panasonic, Spectrum Brands, Inc, Beauty Elite Group, Conair Corporation and Wahl Clipper.
The high cost of advanced diabetes drugs and the financial burden of treating diabetes remain major obstacles to market growth, despite the fact that numerous drugs have been approved for the condition and that governments and industry players are launching numerous initiatives.
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