Global Hair Care Product Market: Overview
Hair Care products market is anticipated to worth USD 116,345 million by 2025,
with a CAGR of 3.39% during 2019-2025. Hair care products help to nourish and protect hair from split ends, dandruff, and weak and dehydrated and various other problems, further enhancing its quality and texture. The increasing demand for hair color products, linked to the aging global population as well as the need to protect hair from the growing air pollution, are the major factors pushing the growth of the global hair care market. Moreover, the rampant advancements in technology along with the growing urbanization coupled with increasing beauty consciousness among consumers is increasing the demand for grooming products such as hair gels, color, and spay thus propelling the growth of the global hair care products market in coming years. With the youth and middle-aged population facing multiple hair-related problems, such as discoloring, thinning, etc., increases the demand for hair care products. In addition, the increasing urbanization as the rural population is shifting metropolitan areas and rising expenditure on beauty and personal care products are anticipated to accelerate the market growth.
Thus, resulting in the introduction of modified products sustaining the various needs of the consumers based on hair type, problem, and environment. Stringent government regulations on cosmetic products such as Regulation (EC) No 1223/2009, which provides guidelines for manufacturing, labeling and ingredients on various cosmetic products including shampoo is restraining the growth of the global hair care products market. Nevertheless, Key players are focusing on research and development to indulge more into the organic ingredients for the development of hair care products.
Global Hair Care Products Analysis
The Global market of hair care products is segmented into shampoo, color, conditioner, styling products, oil, and others. The shampoo is expected to be dominated segment in the global market due to the degradation in the global environment. The shampoo is widely used for the removal of environmental pollutants, dirt, dandruff, oils, skin particles, and to eradicate the unwanted build-up of hair. Furthermore, rising consumer awareness on the benefits of organic and natural shampoo in developing countries such as Africa, China is estimated to propel the market growth. Hair color is expected to witness the fastest growth with a CAGR of 3.81% over the forecast period owing to the changing fashion trend. These products have gained popularity and visibility among male customers due to celebrity endorsement. The advertisements aired on social media platform, televisions and other platforms have a huge impact on end-users. Moreover, increasing penetration of national and international salons in tier II and tier III cities in the Asia Pacific, EMEA, and North America region is predicted impede the demand for the color variants.
Global Hair Care Products Regional Analysis
The Global market of hair care products is segmented into North America, Europe, Asia Pacific, and Middle East & Africa. The Asia Pacific is expected to have the fastest growth rate in the global hair care market over the forecast period. The key drivers include the ever-increasing population, higher per capita income in developing countries like India and China, and awareness about hair care are promoting the overall growth of the global hair care product market. In the past few years, many key players have launched their products in the Asia Pacific region and have gained momentum too. Meanwhile, North America and Europe region will continue to remain prominent in the global hair care market. Due to the high levels of awareness regarding personal hygiene, availability of a wide range of products, and developed economies are some factors propelling the growth in these regions.
Objective of the Study:
To analyze and forecast market size of the global hair care
products market, in terms Value
To examine the careful market segmentation and forecast the market
size, on the basis of region, segmented into 5 regions, namely, North America,
Europe, Asia Pacific, MEA, & LATAM and major countries in the respective
To outline, categorized and forecast the global mouthwash market
on the basis of product kind and distribution channel.
To examine competitive developments like expansions, technological
advancement, new products launches, services, and regulative framework within
the global hair care products market.
To identify the drivers and challenges for global hair care
To spot the profile of leading players and an array of strategy
outlook and SWOT analysis of major industry players.
Global Hair Care Products Market: Competitive Landscape
The key players operating in the global hair care products industry include L’Oreal Group, Henkel AG & Co., Procter & Gamble Co., Unilever Corporation, Kao Corporation, Aveda Corporation (Estee Lauder), Avon Products Inc., Revlon Inc., Olaplex, and Pai Shau. Most of the key players are engaged in adopting strategies such as mergers and acquisition, collaborations, and new product development to increase their global market share.
Scope of the Report
Hair Styling Products
By Distribution Channel
In addition, the report provides analysis of the hair care products market with respect to the following geographic segments:
Asia Pacific (APAC)
Customization Scope for the Client
Client satisfaction is our first and last priority. And that’s why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:
Additional Company Information
With three additional company detail analysis.
Additional country analysis.
Detailed segment analysis.