Market Insights Consumer Household Appliances Small Appliances

Hair Dryers - Malaysia

Malaysia

In 2024, the Hair Dryers market in Malaysia recorded a revenue of MYR US$43.41m.
It is projected to experience an annual growth rate of 4.07% (CAGR 2024-2029).
When compared globally, in China stands as the leading revenue generator in this segment, with a total of MYR US$1,912m in 2024.
Looking at the per household revenues, Malaysia's Hair Dryers market generates MYR US$5.85 per household in 2024.
By 2029, the volume of the Hair Dryers market is expected to reach 1.6m pieces units.
However, in 2025, a slight decline in volume growth of 1.9% is anticipated.
The average volume per household in Malaysia's Hair Dryers market is projected to be 0.19pieces units in 2024.
The hair dryer market in Malaysia is experiencing a surge in demand for high-powered, compact hair dryers, catering to the needs of busy urban professionals.

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

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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 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.