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The global hair straightener market was valued at USD 6.37 billion in 2023 and is anticipated to register a CAGR of over 5.7% between 2024 and 2032 due to the increasing demand for personal grooming products. As individuals place greater importance on appearance and self-care, hair styling tools, including straighteners, have become integral to daily grooming routines. This trend is particularly prominent among millennials and Generation Z, who prioritize personal aesthetics.
The expanding influence of beauty and fashion trends, coupled with heightened awareness of grooming standards across genders, is encouraging consumers to invest in high-quality hair care tools. Furthermore, as more people aim to achieve salon-quality results at home, the demand for hair straighteners continues to increase, contributing to overall market growth.
Report Attribute | Details |
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Base Year: | 2023 |
Hair Straightener Market Size in 2023: | USD 6.37 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 5.7% |
2032 Value Projection: | USD 10.48 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 161 |
Tables, Charts & Figures: | 222 |
Segments covered: | By Product Type, Material, Shape, Power Source, Technology End Use, Distribution Channel |
Growth Drivers: |
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Pitfalls & Challenges: |
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The industry faces a big problem with counterfeit products. In the overall business many small sellers and retailers sell counterfeit products to consumers as these fake products look like real brands, but they do not meet the same quality and safety standards. This can cause safety issues, such as overheating or malfunctioning, which can be dangerous for consumers. Counterfeit products also damage brand reputations and cause financial losses for legitimate companies.