Repository Prospects of the Global Hair Dryer Industry - Ken Research

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Repository Prospects of the Global Hair Dryer
Industry Ken Research
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Ken Research has announced latest publication on
growth estimates of Hair Dryer Industry in the
global market named as, Global Hair dryer
Industry Situation and Prospects Research report
2017". The report dispenses the professional and
an in-depth analysis over the growth prospects of
the hair dryer industry accompanied with the
integrity of logic and the comprehensiveness of
contents that is substantially guaranteed to
enrich the report reader who is either an
industry insider or investor, with the
elaborative and extensive data analysis.
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• The data ranges from macro overview of the market
  to micro details of the industry performance,
  manufacturing requirements, project cost, project
  funding, expected returns on investment, etc.
• This report progresses with a detailed incisive
  analysis involving the basic overview of the
  industry supported by particulars regarding its
  definition, classifications, applications,
  development policies and plans, manufacturing
  processes, cost structures, import/export, supply
  and consumption figures, price, revenue and gross
  margin by regions, company profiles, product
  specification, capacity, production, upstream raw
  materials, equipment, and downstream consumers
  analysis is also carried out. Moreover, the
  analysis is provided for the international market
  including development history, competitive
  landscape analysis and major regions development
  status.
• Industry Analysis
• Largely urban consumers with becoming much more
  style conscious are getting erratically brand and
  quality conscious as well, which is further
  driving the hair dryer industry growth
  invariably.

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Moreover, a good presentation is said to be
associated with competitiveness at work, and this
explains the massive growth in demand for hair
dryer appliances in emerging markets, and high
level of innovation and RD in saturated markets
like that of Europe, North America, and others.
Technological advancements and growing awareness
among consumers are the other encouraging
consumers to shift from manually operated tools
to electricity or battery operated appliances for
hair care such as the hair dryers. Distribution
channels inclusive of direct selling, e-commerce,
departmental stores and supermarkets also play an
essential role in increasing the revenues of the
companies. In order to expand their offerings and
to tap potential consumer segment, the companies
adopt various distribution channel models. The
Global Hair Dryer market can be segmented on the
basis of product type, market application, varied
price ranges such premium, mid-size, and low
price range and end user segments. The market
segment for hair dryers exhibits mature product
cycle in the developed economies with a strong
market in the emerging economies.
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• The market is categorized based on region into
  North America, Europe, Asia-Pacific, and LAMEA
  amongst which North America is the leading
  revenue contributor to the global market, and is
  expected to maintain its dominance till the next
  few years. However, with the continuous
  improvement in standards of living and untapped
  market in the developing regions such as the
  Asia-Pacific and LAMEA has posed lucrative
  opportunities for the market players to expand
  their foothold in the area during the upcoming
  years. These regions are expected to grow at the
  highest CAGR during the same period.
• Given the facts that the world economy enlarged
  by just 2.2 per cent in the year 2016, and is
  anticipated to further extend by only 2.7 per
  cent in 2017 and reach till 2.9 per cent in 2018,
  it is contemplated as a state of stagnant growth.
  It is not to say, that the market growth is
  impeded, but rather its moving on a very
  sedating pace of recovery indicating the state of
  economic stabilization for the present as well as
  the future rather than a robust revival of global
  demand. Moreover, the correspondence between the
  demand, investment, trade and productivity
  coupled with the weak global growth may prove to
  be self perpetuating for the Hair Dryer industry.

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In line with the future prospects, certain
technological breakthroughs may make new types of
hair dryers possible. Apart from it, one of the
most interesting areas for future development of
hair dryers really has nothing to do at all with
hair. Many creative and imaginative consumers
have identified the multiple uses of a single
hair dryer as that of removing chewing gum from
hard surfaces and helping to dry nail polish.
However, the manufacturers response by marketing
hair dryers for these specific uses is yet to be
seen. Restraints And Drivers The significant
drivers identified behind boosting the hair dryer
market include increasing urbanization, increase
in geriatric population, growth in GDP value,
increasing style consciousness, consciousness of
the benefits provided by the appliance,
increasing spending habits of people, increasing
e-commerce sector and the popularity of the
product are driving the hair care market growth
extensively. Influence of western lifestyle over
the developing countries is further expected to
fuel the adoption of hair dryer appliances in the
regions.
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However, lack of durability, lack of awareness
regarding novel products, high costs, essential
RD spend, intense domestic and international
competition, and saturated western markets are
the major identified restraints hampering the
growth of the hair dryer market. These issues
along with appliance failure due to reasons such
as problems in blade heads, motors, and other
electronic components have hampered the growth of
the market. However, the impact of this restraint
is expected to reduce during the next few years
with further innovative developments. The key
players identified as playing significant role in
the growth and development of the hair dryer
industry include PHILIPS, Panasonic, Kangfu,
FLYCO, TESCOM, Midea, RIWA, Dyson, Solis, and
POREE. These companies are further focusing on
the innovative development of the product in
addition to its creative brand reinforcement.
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Key Topics Considered in the Report Hair Dryer
Market Trends Global Hair Dryer Industry Europe
Hair Dryer Volume Sales Global Hair Care Market
Revenue China Hair Dryer Market Research Hair
Dryer Market Research Global Global Hair Dryer
Production Analysis Global Hair Dryer Market
Future Outlook North America Hair Dryer Market
Analysis Global Hair Care Industry Research
Report For more coverage click on the link
below https//www.kenresearch.com/consumer-produc
ts-and-retail/consumer-electronics/hair-dryer-pros
pects/86857-95.html
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Contact Ken Research Ankur Gupta, Head
Marketing Communications query_at_kenresearch.com
91-124-4230204
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