Brand Story
04 Oct 2022, 15:45 GMT+10
The report forecasts the curling iron market to rise at above 7.1% CAGR between 2022 and 2029.the curling iron market is driven by consumer interest for achieving salon-like hairstyle at home. The launch of economical versions curling irons has been stoking their sales in the last couple of years. In its recent study, Future Market Insights (FMI) offers exclusive insights into the market, covering factors enabling its expansion.
The report also highlights potential threats and examines strategic moves adopted by the market players to gain competitive advantage. The market will significantly gain from the rising willingness among consumers to spend on ongoing fashion trends.
Social media influencers had a big role to play in spurring sales of curling irons. Videos on how to achieve celebrity or salon-like hairstyling at home and tools required to achieve them have been trending in social media ever since the YouTube revolution.
Among various hairstyling tools, curling iron brands too are riding the wave, which unfortunately was hindered by the unprecedented COVID-19 outbreak. Sluggish sales of curling irons are reported around the world as retails stores remain shuttered amid lockdown orders.
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Consumers in pandemic hit nations have been showing inclination to stay at home. Even with government easing lockdown orders, people are likely to adopt work from home as an integral part of the new normal. The lack of reasons to step out as consumers continue avoiding public gatherings and social events to contain the spread of the novel coronavirus has been adversely affecting the curling irons market.
A significantly large number of consumers are unlikely to spend on styling tools and focus primarily on essential commodities, which might hamper sales. Nonetheless, once the pandemic passes the market is expected to set on the path of recovery since consumers are unlikely to eliminate their fashion preferences any time soon.
FMI's report offers a comprehensive overview on the curling irons market. Some of the key takeaways from the report are:
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Who is winning?
Competition in the global curling irons market is expected to get fiercer in the coming years. The launch of advanced products will spoil consumers with choices, while their preferences are already expected to evolve and get more dynamic. Aiding competitive trends will be the entry of several smaller brands.
Investing in innovations will therefore remain a key strategic move among companies operating in the market. Besides this, FMI projects ample focus on branding and promotional activities. These companies are expected to collaborate with social media influences to leverage their online presence.
According to FMI, some of the leading companies operating in the market are Koninklijke Philips N.V., Conair Corporation, Helen of Troy, Curlingiron.org., Spectrum Brands, Inc., Lunata Beauty, Dyson, Revlon, Inc., Andis Company, Geloon, among others.
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Curling Irons Market by Category
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Explore FMI's Extensive Ongoing Coverage on Consumer Product Domain:
Moveable Water Tap Market: The global moveable water tap market is anticipated to reach a valuation of US$ 1,300 Million in 2022. Demand is expected to take a turn for the better, attributable to preference for using portable accessories which offers more convenience.
Dog Food Toppers Market: The dog food toppers market is estimated to reach US$ 5,157.1 Mn in 2022 and it is projected to reach US$ 11,910.9 Mn by 2032, at a CAGR of 8.7% from 2022 to 2032.
Musical Equipment Market: The global musical equipment market is expected to be valued at US$ 9,500.5 Million in 2022. The market for a variety of equipment is projected to grow as youth continue to embrace music as a leisure or full-fledged career choice.
About FMI:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 8-years.
Contact:
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Website: https://www.futuremarketinsights.com
The post Curling Irons Market is Expected to Drive Sales at a Healthy 7.1% CAGR Over the Assessment Period 2022-2029 appeared first on Future Market Insights.
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