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Based on type, the market is divided into manual and electric. The electric segment dominated around USD 29 billion in 2023 and expected to reach USD 50 billion by 2032. Electric hair styling tools are designed to provide efficient and convenient solutions for styling hair. They typically offer quick heating times, adjustable settings, and consistent performance, allowing users to achieve their desired hairstyles with minimal effort and time.
Additionally, electric hair styling tools offer versatility in terms of the range of hairstyles they can help achieve. For example, a hairdryer can be used to blow-dry hair straight or add volume and texture, while a straightener can be used to create sleek, straight styles or add waves and curls.
Based on product type, the hair styling tools market is categorized into hair dryers, hair curlers & rollers, hair straighteners, crimpers and wavers, hairbrushes & combs, multistylers, and others. The hair dryer segment accounted for 32% in 2023 and is expected to gain market share of 35% by 2032. Hair dryers offer versatility in styling by allowing users to dry their hair in various ways, including straightening, volumizing, and curling. This versatility makes them a popular choice among consumers who seek multifunctional tools for their styling needs.
Additionally, hair dryers appeal to a wide consumer base, including both men and women of all ages and hair types. Unlike some specialized styling tools that cater to specific hair textures or styles, hair dryers are a staple in many households, contributing to their widespread popularity.
Asia Pacific hair styling tools market size recorded around USD 12 billion in 2023. Asia Pacific is known for its diverse range of hair types, including straight, wavy, and curly hair textures. This diversity necessitates a wide variety of hair styling tools tailored to different hair types and styling preferences, further driving market demand. In addition, Asia Pacific has a robust beauty and personal care industry, encompassing cosmetics, skincare, and hair care products.
Hair styling tools are an integral part of this industry, benefiting from extensive distribution networks and marketing efforts in the region. Urbanization and changing lifestyles have led to increased awareness of personal appearance and grooming.