Hair Curling Irons Market size Business Opportunity | Share, Value Size, Emerging Audience, COVID-19 Pandemic Impact, Business Scope and Forecast till 2027
The global Hair Curling Irons Market size is projected to be valued at USD 6.7 billion by 2028, recordinga CAGR of 5.2% during the forecast period. The global market has been largely benefiting from the increasing demand for hair styling products across the world. Growing urbanization, followed by increased per capita disposable income, has created a huge opportunity for the fashion industry wherein consumers have increased their spending on hair styling tools to enhance their appearance. The growing awareness for hair curling irons through social media and celebrity endorsements is expected to spur market growth during the forecast period. Moreover, the growth of the e-commerce sector and the inclination of manufacturers toward this mode of distribution is further expected to boost the growth of the Hair Curling Irons Market size during the review period. The key players in the market have been responsive to shifting consumer preferences and are focused on strategic acquisitions, product launches, and partnerships.
Moreover, manufacturers are providing innovative, technologically advanced products for catering to the changing demands of young consumers. For instance, there is an introduction of curling irons with different features such as anti-oxidantsandvitamin coatingswith 360-degree curling options. This is expected to influence the growth of Hair Curling Irons Market size positively. For instance,Conair Corporation offers a Curl Secret curling wand. This wand uses a tourmaline ceramic curling chamber where hair is heated from all directions. This helps in providing a perfect curly and bouncy effect. Additionally, Revlon’s Nutrifusionprovides three curling irons and one straightener. These products are infused withmacadamia and moringa, which helps in providing hair conditioning with the aim of protecting the natural luster of hair. These innovations by several manufacturers in the market will drive the growth for the forecast period.
The advent of the global pandemic, COVID-19, has resulted in a global crisis. Impacting over 220 countries, the outbreak has already created an economic backdrop worldwide. As of May 2021, more than 167 million confirmed cases of COVID-19 globally, and more than 220 countries have been affected by the pandemic. The global pandemic is deemed to create a chaotic environment, resulting ina global rescission. With the rapidly rising cases, the global Hair Curling Irons Market size is getting affected in many ways.
Market Research Futurehas recognizedthe following companies as the key players in the global Hair Curling Irons...
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