‘Global Hair Care Market Size, Share, Trends, Price, Report and Forecast 2022-2027’, by Expert Market Research, gives an extensive outlook of the global hair care market, assessing the market on the basis of its segments like types, product, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
Hair Care Market Share, Size, Price Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027): 4.0%
The need for hair care products is being driven by the growing trend towards organic products used for personal care. Key manufacturers are blending natural oils, aloe vera, cocoa butter, and extracts of other organic materials in response to a huge shift towards using chemical-free products.
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The use of hair care products has significantly increased as a result of rising consumer concerns and the availability of new, safer, and more effective options, which is fueling the expansion of the hair care industry. This is one of the key factors fueling the growth of the global hair care market.
The market is also growing owing to the growing awareness about hair problems caused by environmental factors like air pollution, climate change, and other environmental issues. Selling multipurpose products through online distribution channels and increasing the product variety is another way that many businesses are creating a stronger client-base. Rising demand for good quality hair care products, increased investments on marketing initiatives including celebrity endorsements, and enhanced product packaging are other reasons that are anticipated to contribute to the expansion of haor care market in the coming years.
Hair Care Industry Definition and Major Segments
A general word for grooming and cosmetology relating to hair that grows from the human scalp is “hair care.” The way one takes care of their hair varies according to their physical characteristics of hair.
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On the basis of types, the hair care market can be segmented into:
• Hair Care Product
• Hair Care Service
Based on the products included in the hair care market, the market is segmented into:
• Shampoo
• Hair Colour
• Conditioner
• Hair Styling Products
• Hair Oil
• Others
Based on region, the market can be divided into:
• The Middle East and Africa
• North America
• Europe
• The Asia Pacific
• Latin America
Hair Care Market Trends
Due to consumers’ increasing concerns for scalp and hair care issues and the entry of new brands into the market in the region, Asia Pacific region is predicted to be a key regional market for hair care. For instance, in July 2021, Adon Hair Care Clinic, an Indian hair transplant company, introduced Grow dense Hair Serum, an FDA-approved hair and scalp care product. Without causing any negative side effects, this serum helps in hair renewal.
The region’s market is also expanding due to growing living standards, increased hygiene awareness, an increase in hair issues arising because of unhealthy lifestyles, seasonal and climatic variables, and rising pollution. Also, it is projected that the growth of the hair and care market in Asia Pacific in the forecasted years would be helped by the expansion of e-commerce businesses, the rise in e-commerce companies, and the increasing use of good quality hair care products.
Key Market Players
The major players in the market are:
- Henkel AG & Company Kgaa
- Kao Corporation
- L’Oréal S.A.
- Proctor & Gamble Company
- Unilever plc.
- Others
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
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