Market Insights Consumer Household Appliances Small Appliances

Hair Dryers - Republic of the Congo

Republic of the Congo

In 2024, the Republic of the Congo's Hair Dryers market generated a revenue of US$6.16m.
It is projected to experience an annual growth rate of 5.94% (CAGR 2024-2029).
When compared globally, it is important to note that in China generates the highest revenue in this segment, with a staggering US$1,912m in 2024.
Taking into consideration the total number of households, each household is expected to generate US$4.63 in revenue in 2024.
Looking towards the future, the volume in the Hair Dryers market is predicted to reach 198.9k pieces by 2029.
In 2025 alone, the segment is anticipated to exhibit a volume growth of 2.8%.
Lastly, the average volume per household in the Hair Dryers market is projected to be 0.13pieces in 2024.
The hair dryer market in the Republic of the Congo is experiencing a surge in demand due to the country's humid climate and increasing emphasis on personal grooming.

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.