San Francisco, CA - Hair Care Market is estimated to
value at USD 211.1 Billion by 2025 and is expected to continue growing at a
higher rate during the forecast period. Rise in demand for hair color products,
rise in aging population coupled with increasing air pollution are expected to
contribute to the market growth in the forecast period. Rise in hair problems
and growing need for natural products are likely to contribute to the market
growth in the forecast period. Enlarging opportunities coupled with
technological innovation and rising need for professional hair services propel
the market growth in the forecast period. Overall, the hair care market is
expected to witness a CAGR of 3.1% during the forecast period.
Hair cosmetics can be categorized into two broad categories,
namely cosmetic colors and permanent colors. Cosmetic colors have temporary
effect on hair whereas permanent colors such as permanent waxes, bleaches, and
relaxers have a permanent effect on hair. The end-result is to reduce the hair
abnormalities. From the medical perspective, hair cosmetics cater to scalp
treatments according to diversity of hair types and ethnicity.
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The hair care market is segmented into type, product, and
geography. “Type” category is segmented into services and products. “Services”
category will account for a significant share in the forecast period. “Product”
segment is anticipated to rise at a staggering CAGR in the coming years owing
to rise in consumer spending and expansion of salon services to accelerate the
product demand. Product category further includes shampoo, conditioning, color,
soil, and styling products.
Geographic segmentation for hair care market spans North
America, South America, Europe, Asia-Pacific, Middle East and Africa. North
American hair care market is expected to account for a significant market share
in the forecast period. Factors such as presence of small and large MNCs
emphasizing on quality hair care products are fueling the customer base.
Subsequently, rise in annual expenditure on hairstyle products is expected to
bolster the regional growth.
Asia-Pacific’s market growth accounts for a significant
growth in the forecast period with India and China being the largest
manufacturers of hair care products. Rise in expansion of international brands
in the APAC sector is expected to fuel the market demand in these regions.
The key players in the hair care industry include L’Oréal,
P&G, Kao Corporation, Hindustan Unilever Ltd, Henkel Corporation, Marico
Limited, Aveda Corporation, Combe Inc, and Johnson & Johnson. Prominent
players are entering into collaborations and partnerships to enhance their
market share.
Regional Analysis For
Hair Care Market:
For comprehensive understanding of market dynamics, the
global Hair Care Market is analyzed across key geographies namely: North
America, Europe, Asia-Pacific, Latin America and Africa. Each of these regions
is analyzed on basis of market findings across major countries in these regions
for a macro-level understanding of the market.
Significant Features
that are under Offering and Key Highlights of the Reports:
1
Detailed overview of Hair Care Market
2
Changing market dynamics of the industry
3
In-depth market segmentation by Type,
Application etc
4
Historical, current and projected market size in
terms of volume and value
5
Recent industry trends and developments
6
Competitive landscape of High-Performance Alloys
Market
7
Strategies of key players and product offerings
8
Potential and niche segments/regions exhibiting
promising growth.
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Insights, Download Brochure @ https://www.millioninsights.com/industry-reports/hair-care-market
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