openPR Logo
Press release

Hair Grooming Market Based on Future Trend Analysis & Competition Tracking through 2022 || Key Player - The Estée Lauder Companies Inc., Avon Products Inc., The Procter & Gamble Company, L'Oréal S.A, Unilever PLC, Revlon Inc., Henkel AG & Co. KGaA

05-01-2019 11:54 AM CET | Fashion, Lifestyle, Trends

Press release from: Fact.MR

Hair Grooming Market Based on Future Trend Analysis &

This research report titled “Hair Grooming Market Based on Future Trend Analysis & Competition Tracking through 2022” focuses on the Hair Grooming Market, published to the vast repository managed by Fact.MR. The analysis focuses on the prime geographical regions based on their market size, revenue and attractiveness factors. Furthermore, the research discusses various segments from the Hair Grooming Market to examine future lucrativeness and spot growth prospects during the period between (2017-2022).  Readers can even access information such as key developments, technologies, innovations, etc., concerned to the Hair Grooming Market.

Request Free Sample Report Here: https://www.factmr.com/connectus/sample?flag=S&rep_id=67

The global hair grooming market is growing at a modest pace and the trend is likely to continue over the next couple of years. Desires of lustrous, healthy and smooth hair is driving the global sales of hair grooming products. Growing popularity of organic and herbal products is also influencing the purchase decisions of a large number of customers across the globe. Increased emphasis on formulation of more efficient hair grooming products is likely to influence the market as well.  In addition, heavier investments are being made in research and development pipelines in order to enhance the functionality of these products and also to develop new hair grooming products. The aforementioned factors are expected to make a collective impact on the overall growth of the global hair grooming market during the forecast period. The hair grooming market is predicted to grow from under US$ 80 billion in 2017 to almost US$ 95 billion in 2022 witnessing a CAGR of 3.5%.

The shampoo and hair oil segment had a combined revenue share of more than 50% in the hair grooming market. The shampoo segment is anticipated to be worth approx. US$ 31 billion in 2022 and grow with a CAGR of 2.9% from 2017-2022. The hair oil segment is poised to be worth roughly US$ 15.3 billion in 2017 and grow by US$ 2 billion during the course of the study period. APEJ with its large, young, and increasingly affluent population, represents the largest market for both shampoos and hair oils. The region contributes more than 1/3rd in terms of revenue share in the hair grooming market and key stakeholders can only ignore this dynamic region at their own peril.

With a revenue share of 18% in the product type segment of the hair grooming market, conditioners have a substantial opportunity that should be tapped accordingly. With a higher CAGR than the shampoo segment at 3.9% for 2017-2022, the conditioner segment could be worth more than US$ 16 billion by the end of the five-year period. While APEJ has the maximum regional contribution and is estimated to remain so, manufacturers would do well to focus on North America as the region has a well-developed grooming industry that is one of the largest in the world.

Browse Full report with TOC: https://www.factmr.com/report/67/hair-grooming-market

This highly important customer demographic is a trendsetter and is easily able to pull the entire hair grooming market in a particular direction. The hair styling segment is forecast to grow by nearly US$ 3 billion dollars from 2017-2022 and cross US$ 14 billion in 2022 – recording a CAGR of 4.6%. Even hair colouring products can be demanded by this demographic for the reasons mentioned above. Another important section of the hair grooming market for hair colouring products is senior citizens. Both these groups should ensure that hair colouring is a market opportunity of US$ 10 billion by 2022. Unsurprisingly, APEJ comprises the maximum share of both and its contribution is more than 1/3rd in both cases.

Supermarkets/Hypermarkets Dominate the Hair Grooming Market

In terms of distribution channels, supermarkets/ hypermarkets account for just over half the hair grooming market. With a CAGR of 3.2% from 2017-2022, the supermarket/ hypermarket segment is estimated to be worth approx. US$ 44 billion in 2022 from slightly over US$ 37 billion in 2017. The rapid economic growth in the APEJ region for the last decade or so has led to a proliferation of supermarkets in this strategic region that hair grooming product companies must take note of.

The Estée Lauder Companies Inc, Avon Products, Inc., The Procter & Gamble Company, L'Oréal S.A, Unilever PLC, Revlon, Inc, Henkel AG & Co. KGaA, Kao Corporation and Johnson & Johnson are profiled as key companies that will remain active in expansion of global market for hair grooming products.

Have Any Query?? Ask Our Industry Expert: https://www.factmr.com/connectus/sample?flag=AE&rep_id=67

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR

11140 Rockville Pike

Suite 400

Rockville, MD 20852

United States

Email: sales@factmr.com

Web: https://www.factmr.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hair Grooming Market Based on Future Trend Analysis & Competition Tracking through 2022 || Key Player - The Estée Lauder Companies Inc., Avon Products Inc., The Procter & Gamble Company, L'Oréal S.A, Unilever PLC, Revlon Inc., Henkel AG & Co. KGaA here

News-ID: 1724275 • Views: 573

More Releases from Fact.MR

Uncaria Tomentosa Market 2021, COVID-19 Impact on Leading Vendors: Now Foods, Na …
The New Report "Uncaria Tomentosa Market" published by Fact.MR, covers the competitive landscape analysis and its growth prospects over the coming years. An in-depth study of some new and prominent industry trends, analysis of engagement, and regional analysis that is very detailed have been included in the report of the Uncaria Tomentosa market for the analysis period of 2021 – 2031. Get In-depth Insights Request for Sample here: https://www.factmr.com/connectus/sample?flag=B&rep_id=2073 Through the
Tangerine Extract Market Development, Market Trends, Key Driven Factors, Segment …
The New Report "Tangerine Extract Market" published by Fact.MR, covers the competitive landscape analysis and its growth prospects over the coming years. An in-depth study of some new and prominent industry trends, analysis of engagement, and regional analysis that is very detailed have been included in the report of the Tangerine Extract market for the analysis period of 2021 – 2031. Get In-depth Insights Request for Sample here: https://www.factmr.com/connectus/sample?flag=B&rep_id=2057 Through the
Vanilla Extract Market Analysis Along With Research Report 2021 to 2031 | McCorm …
The New Report "Vanilla Extract Market" published by Fact.MR, covers the competitive landscape analysis and its growth prospects over the coming years. An in-depth study of some new and prominent industry trends, analysis of engagement, and regional analysis that is very detailed have been included in the report of the Vanilla Extract market for the analysis period of 2021 – 2031. Get In-depth Insights Request for Sample here: https://www.factmr.com/connectus/sample?flag=B&rep_id=2053 Through the
Find Out why Thyme extract Market is thriving worldwide by top key players like: …
The New Report "Thyme extract Market" published by Fact.MR, covers the competitive landscape analysis and its growth prospects over the coming years. An in-depth study of some new and prominent industry trends, analysis of engagement, and regional analysis that is very detailed have been included in the report of the Thyme extract market for the analysis period of 2021 – 2031. Get In-depth Insights Request for Sample here: https://www.factmr.com/connectus/sample?flag=B&rep_id=2052 Through the

All 5 Releases


More Releases for Hair

hair transplant services
Hair transplant is a surgical procedures that moves hair follicles from one part of the body to another part of the body. Hair transplantation is chiefly used to treat the baldness in male and female. The global hair transplant services market is witnessing a rise in its demand. The market is segmented into three major transplant procedures like scalp reduction, follicular unit strip surgery and follicular unit extraction. Increasing importance regarding
Snip snap - hair off
You go to the hairdresser and look forward to a new hairstyle. But then your hairdresser says sorry, only the scissors help. The shock is deep. Does it really have to be? We don't want to let it come to that. Surely only the scissors help with split ends in the end, but first the hair can be protected, so that it does not come so far. Dr. Lanfermann® TRIPLEX is
Hair Loss And Weakening Hair Lines
Are you struggling with hair loss or a weakening hair line? Are you a male trying to hide your hair loss with side combs and hair gel? Or are you a female trying to hide her weakening hair line with hair glue, hair extensions and wigs? We know this can often be a difficult subject to talk about because you can often feel embarrassed about it, but there’s no need
Shabby Hair-Look? Desire A Stylish Hair Do? Destination Advance Hair Extensions …
Feeling low because of your lean hair that looks shabby, unmanageable and tangled? No more to worry as Advance Hair Extensions is here to help you. With a wide variety of genuine human hair to choose from, you can now dare to dream of adding lustrous volume to your hair fast and easily. Advance Hair Extension, London’s leading hair extension expert, is your one stop destination to get the best
Shabby Hair-Look? Desire A Stylish Hair do? Destination Advance Hair Extensions …
Advance Hair Extensions London is reported to have brought in an amazing idea called the 'Advance MicroBonds' which applies 100% natural hair with their origin genuinely from Russia and Ukraine. The well-trained hair-dressers at the parlour (which they prefer call a clinic) claim to have been successfully providing satisfactory services in Human Hair Extensions and Micro Ring Hair Extensions Maintenance apart from the professional and efficient services and free consultations.
Shabby Hair-Look? Desire A Stylish Hair do? Destination Advance Hair Extensions …
If suffering from ratty look of tresses or thinning of hair, don't worry for 100% natural hair extensions with 'Advance MicroBonds' and 'Volumiser' stand out to be a perfect remedy. Human Hair Extensions in London are claimed to have got a compelling success in repairing saggy tresses and curing hair-thinning. Advance Hair Extensions London is reported to have brought in an amazing idea called the 'Advance MicroBonds' which applies 100% natural