Market Insights Consumer Household Appliances Small Appliances

Hair Dryers - India

India

In 2024, the Hair Dryers market in India is projected to generate revenue of INR US$1.00bn.
This market is expected to grow annually at a rate of 3.78% (CAGR 2024-2028).
When compared globally, in China leads the pack with revenue of INR US$1,912m in the Hair Dryers market in 2024.
In terms of per household revenue, each household in India is expected to contribute INR US$2.96 to the Hair Dryers market in 2024.
Looking ahead to 2028, the volume of the Hair Dryers market is expected to reach 36.4m pieces units.
In 2025, the segment is projected to show a volume growth of 2.5%.
On average, each household in India is expected to contribute 0.10pieces units to the Hair Dryers market in 2024.
The demand for hair dryers in India has surged due to the country's growing middle-class population and increasing focus on personal grooming.

Key regions: Japan, Europe, United Kingdom, Germany, Canada

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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.