Global Soft Bonnet Hair Dryer Market Size By Type (400W, 800W), By Application (Supermarket, Hypermarket), By Region, And Segment Forecasts, 2023 to 2032
Report Id: 37501 | Published Date: Dec 2024 | No. of Pages: | Base Year for Estimate: Dec 2024 | Format:
The Global Soft Bonnet Hair Dryer Market was valued at USD 950 million in 2023 and is projected to reach USD 1.45 billion by 2031, growing at a CAGR of 5.4% from 2023 to 2031. The market growth is driven by the increasing demand for portable, efficient, and user-friendly hair drying solutions. Soft bonnet hair dryers offer a convenient way for users to dry their hair without the intense heat exposure of traditional dryers, making them particularly popular among consumers seeking healthier hair care options. The rising adoption of at-home hair care routines and the growing popularity of protective hairstyles are further propelling the market.
Drivers:
Increasing Demand for Portable Hair Care
Devices: With the rise in at-home beauty treatments, consumers are seeking
portable, easy-to-use devices that provide professional results, driving the
demand for soft bonnet hair dryers.
Health-Conscious Hair Care Trends: As more
consumers prioritize the health of their hair, soft bonnet hair dryers offer a
less damaging alternative to traditional dryers, making them increasingly
popular.
Growing Popularity of Protective
Hairstyles: Hairstyles like braids and locs, which benefit from gentle heat
drying, are becoming more prevalent, contributing to market demand.
Restraints:
Limited Drying Power Compared to
Traditional Dryers: Soft bonnet hair dryers may not offer the same drying speed
or power as traditional hair dryers, which can be a limitation for some users.
Durability Issues: These products may be
perceived as less durable compared to conventional dryers, affecting long-term
consumer adoption.
Opportunity:
Expansion in Emerging Markets: As awareness
of gentle hair care increases, emerging markets present opportunities for
manufacturers to expand their presence, particularly in Asia-Pacific and Latin
America.
Innovations in Materials and Technology:
Developing soft bonnet dryers with advanced heat distribution technology and
more durable materials offers opportunities for growth.
Market by System Type Insights:
The corded soft bonnet hair dryer segment
held the largest market share in 2023 due to its efficiency and widespread use
for at-home treatments. However, the cordless soft bonnet hair dryer segment is
expected to register the highest growth rate during the forecast period, driven
by increasing consumer preference for portable and convenient solutions.
Market by End-Use Insights:
The individual/home use segment dominated
the market in 2023, as soft bonnet dryers are primarily used in personal
grooming. The salons and professional use segment is also witnessing growth,
particularly in salons offering protective styling services.
Market by Regional Insights:
In 2023, North America held the largest
market share, driven by the high adoption of at-home hair care tools and the
popularity of protective hairstyles. Asia-Pacific is expected to register the
highest growth during the forecast period, supported by rising disposable
incomes, a growing beauty-conscious population, and increasing product
availability.
Competitive Scenario:
Key players in the global soft bonnet hair
dryer market include Conair Corporation, Revlon, BonnetPro, Hot Tools
Professional, and Laila Ali. Companies are focusing on product innovation,
improved portability, and strategic partnerships to expand their market
presence. For example, in 2023, Conair Corporation launched a new range of soft
bonnet hair dryers with advanced ionic technology for faster drying and
healthier hair.
Scope
of Work – Global Soft Bonnet Hair Dryer Market
Report
Metric |
Details |
Market Size (2023) |
USD 950 million |
Projected Market Size (2031) |
USD 1.45 billion |
CAGR (2023-2031) |
5.4% |
Key Segments by System Type |
Corded, Cordless |
Key Segments by End-Use |
Individual/Home, Salons |
Leading Region |
North America |
Key Players |
Conair, Revlon, BonnetPro |
Growth Drivers |
At-home grooming, Health-conscious trends |
Opportunities |
Emerging markets, Technology innovations |
Key
Market Developments:
Conair Corporation introduced its latest
soft bonnet hair dryer in 2023, featuring ionic technology for reduced drying
time and enhanced hair health.
Revlon partnered with hair care influencers
in 2022 to promote its new portable cordless soft bonnet hair dryer, expanding
its market reach.
Hot Tools Professional launched a
limited-edition soft bonnet dryer designed for salons, focusing on protective
hairstyle services in 2023.
FAQs:
What is the current market size of the
Global Soft Bonnet Hair Dryer Market? The market was valued at USD 950 million
in 2023.
What is the major growth driver of the
Global Soft Bonnet Hair Dryer Market? The growing demand for portable and
health-conscious hair care solutions is a significant growth driver.
Which is the largest region during the
forecast period in the Global Soft Bonnet Hair Dryer Market? North America is
expected to remain the largest region due to high consumer demand for at-home
grooming products.
Which segment accounted for the largest
market share in the Global Soft Bonnet Hair Dryer Market? The corded soft
bonnet hair dryer segment held the largest market share in 2023.
Who are the key market players in the
Global Soft Bonnet Hair Dryer Market? Key players include Conair Corporation,
Revlon, BonnetPro, and Hot Tools Professional.
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