Hair Dryers - Philippines

  • Philippines
  • The Hair Dryers market in the Philippines is projected to generate a revenue of €96.25m in 2024.
  • With an annual growth rate of 3.68% (CAGR 2024-2029), the market is expected to expand steadily.
  • When compared globally, in China leads the market with a revenue of €1,773m in 2024.
  • In terms of per household revenues, the Hair Dryers market is estimated to generate €4.18 in 2024.
  • Looking ahead to 2029, the volume of the Hair Dryers market is predicted to reach 3.7m pieces units.
  • Furthermore, there is an expected volume growth of 1.8% in 2025.
  • On average, each household in the Hair Dryers market is anticipated to have a volume of 0.15pieces units in 2024.
  • The demand for high-quality hair dryers in the Philippines has been steadily increasing due to the country's humid climate and the growing awareness of hair care among Filipinos.

Key regions: Germany, Indonesia, China, Worldwide, United States

 
Marché
 
Région
 
Comparaison de régions
 
Monnaie
 

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 Consumer Insights Global 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). Survey data is reweighted for representativeness.

Vue d’ensemble

  • Revenue
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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