Harrisburg, NC -- (SBWire) -- 08/07/2018 --"Global Hair Styling Equipment Market Outlook 2024: Global Opportunity And Demand Analysis, Market Forecast, 2018-2024" presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and deal landscapes.

Top Leading Companies: Philips N.V, Helen of Troy, Koninklijke Philips, Panasonic, TESCOM, Andis, Beauty Elite Group, Bio Ionic, Devacurl, Drybar, TESCOM, Dyson, Elchim, Farouk Systems, P&G, Unilever, Spectrum Brands.

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Essential points covered in Global Hair Styling Equipment Market 2018 Research are:-
- What will the market size and the growth rate be in 2024?
- What are the key factors driving the Global Hair Styling Equipment market?
- What are the key market trends impacting the growth of the Global Hair Styling Equipment market?
- What are the challenges to market growth?
- Who are the key vendors in the Global Hair Styling Equipment market?
- What are the market opportunities and threats faced by the vendors in the Global Hair Styling Equipment market?
- What are the key outcomes of the five forces analysis of the Global Hair Styling Equipment market?

This independent 186 pages report guarantees you will remain better informed than your competition. With over 200 tables and figures examining the Hair Styling Equipment market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader's market revenue forecasts as well as analysis to 2024.

Market Overview:

Hair styling equipments market has been booming with rising expenditures of hair grooming and styling across the globe. Big market players are continually introducing innovative and wide range of hair styling equipments to allow individual consumers and salon professionals to create new looks. Global hair service market has grown drastically over the past few years, significantly rising the sales of hair styling equipments market. In 2015, U.S hair care services industry valued worth USD 20 billion with more than 82,000 beauty salons. Hair styling products that do not harm consumer's hair are in high demand. Farouk Systems, a U.S based company manufactures more than 1,000 products including hairstyling equipments for professional salons and exports to more than 100 countries. Farouk Systems are using nanomaterials in their hair iron; the company is also using nanomaterial in a wide-ranging line of hair brushes, curling irons and hair dryers. The nanoceramic metallic composite used in hairstyling irons and outlet of hairdryers releases the beneficial ions and infrared wavelengths that protect hair from harmful effect of heat. Innovation of new products that are attracting the new consumer base is expected to hike up the sales of hair styling equipment market. Many companies are adopting different business strategies to sustain rising market competition from new players. In 2016, JD beauty group acquired the brand Teez with Eez, a hair styling tools manufacturing company. Later in January 2017, JD beauty Group also announced the partnership with kirschner Group Inc., to expand their business together and to establish strong presence in global market.

Market Size and Forecast:

The global hair styling equipment market valued more than USD 12.7 billon in 2015 owing to rising sales in Asia-Pacific region with high income population. Global hairstyling equipments market is expected to expand at a CAGR of 5.6% over the forecast period i.e. 2016-2024. Further the market is projected to reach USD 19.6 billion by the end of 2024.

The professional users segment is one of the major segments contributing to the growth of hairstyling equipment market. Professional users segment contribute more than 40% sales of hairstyling equipments in global hair styling equipments market. Professional users of hairstyling tools include salons, spas and hair care professionals. Rising number of salons significantly boost the sales of hair dryers, hot brushes, hair brushes and straightner.

Geographically, Asia-Pacific is the dominating region for global hair styling equipments market. China, Japan, Korea and Australia are the dominating countries in Asia-Pacific region in terms of sales of hair styling equipment market. Asia-pacific is closely followed by Europe and North-America with more than 35% market share collectively. In past few years, Latin America has showcased significant growth in hair styling equipments market. Brazil is the dominating region in Latin America followed by Mexico. According to Unilever, more than 37% Brazilian women prefer to visit professional salon for hairstyling. There are more than 342,000 salons throughout Brazil, with heavy concentration in south-east region.

Market Drivers and Challenges:

Growing demand for portable and lightweight hair styling tools is the key factor driving the growth of hair styling equipment market. Consumers prefer light weight equipments while handling hair styling tools for ease of hair styling. Innovation plays a significant role in growth of market as it fulfills the consumer demand of better features with improved quality. Evolving fashion trends in hair styling, is one the major factor driving the growth of global hair styling equipments market. Rapidly changing hairstyle trends lavishly featured in movies and fashion runways are considerably impacting the sales of hair styling equipment market, as consumers are always trying these new trends by their own or request these new looks from their salon experts. Growing professional salon service industry opened vast avenues for new opportunities for the marketers of hair styling equipments. Good players of beauty and personal care market are entering to this segment, offering vicious competition to well-established marketers. For instance, L'Oreal Professional and Rowenta Salon teamed up and launched their revolutionary hair styling tool that uses pro-keratin technology with steam to straighten and smoothen the hair, providing extra protection to hair from heat damage.

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Global Hair Styling Equipment Market Report covered insights of below mentioned regions:
– North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}
-Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
-Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
-Asia-Pacific (China, India, Singapore, Japan, Hong-Kong, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market —Size, Growth Analysis and Opportunity Analysis}
-Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
-Rest of World {Market Size, Growth Analysis and Opportunity Analysis}
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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