Hair Care Market Insights
According to MRFR analysis, the Global Hair Care Market is expected to register a CAGR of 5.4% from 2022 to 2030and hold a value of over USD 71563.64 Million by 2030.
The global hair care market refers to the industry that produces and sells products designed to improve the health, appearance, and manageability of human hair. The market is driven by factors such as changing lifestyle patterns, increasing disposable income, and growing awareness about personal grooming and hygiene. The global hair care market is expected to continue growing in the coming years, driven by factors such as the increasing demand for natural and organic products, rising consumer awareness of hair care ingredients and their benefits, and the growing popularity of e-commerce and online shopping.
The COVID-19 pandemic had a significant impact on the global hair care market. With lockdowns and social distancing measures in place, many hair salons and barbershops were forced to close temporarily, leading to a decline in demand for professional hair care products.
The pandemic has also accelerated the trend towards e-commerce and online shopping, with more consumers opting to purchase hair care products online. This has led to an increased focus on digital marketing and the development of online sales channels by hair care companies.
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Regional Analysis
The largest region of the global hair care market is Asia Pacific. The region is home to several large and growing economies, including China, India, Japan, South Korea, and Indonesia, among others. These countries have large populations, rising disposable incomes, and a growing middle class, which has led to increasing demand for hair care products.
Additionally, hair care is an important part of many Asian cultures, with a strong focus on hair health and beauty. This has led to the development of a diverse range of hair care products and a competitive market in the region.
Furthermore, the trend towards natural and organic hair care products has also been driving growth in the Asia Pacific region, with many consumers in countries like China and India showing a preference for herbal and ayurvedic products.
Market Segmentation
The Global Hair Care Market has been segmented into product and application.
Based on the product, the market has been segmented into hair styling, shampoo, hair colorant and conditioners.
Based on the application, the market has been segmented into hair treatment and scalp treatment.
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Key Players
Some of the key market players are:
- L’ORÉAL
- UnileverOLVEA Group
- Shandong Baisheng Biotechnology Co. Ltd
- REVLON Inc
- Oriflame Cosmetics AG
- Henkel Corporations
- Shiseido Company Limited
- Amway
- Kao Corporation
- Procter & Gamble Co.
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Hair Care Products Market Research Report Information By Type (Shampoo, Conditioner and Hair Oil), By Distribution Channel (Store-Based and Non-Store-Based), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030
Shampoo Market Research Report Information by Type (Dry Shampoo, Cosmetic Shampoo, Children’s Shampoo, Medicated Shampoo), Function (Anti-Dandruff, Volumizing, Daily Use, Dry and Damaged Hair, Anti-Hair Fall), Distribution Channel (Store-Based and Non-Store-Based), Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast till 2028
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