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Hair Care Market Report involving Key Players: von Products, Inc., LOreal, Marico Limited, Kao Corporation, Procter & Gamble, Hindustan UniLever

01-30-2020 09:11 PM CET | Fashion, Lifestyle, Trends

Press release from: Western Market Research

Hair Care Market Report involving Key Players: von Products,

The hair care market is estimated to represent a global market of USD 59.83 billion by 2017 with growth rate of 5.4%.

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Market Taxonomy

The industry covers the retail sale of products and services of hair colorants, conditioners, shampoo, perms & relaxers, styling agents etc.

Market Dynamics

Rising disposable income and increasing scalp and hair problems globally drive the market growth significantly. For example, according to the International Society of Hair Restoration Surgery, hair loss is widely affected to the all age group as they grow older. Thus, demand for hair care products and services is likely to increase at a rapid pace over the future period.

Product Takeaway

Product segment is bifurcated into Hair Colour, Shampoo, Hair Styling Products, Conditioner and Hair Oil. Shampoo captured the highest share, over 40% throughout the study period. The distribution channel is divided into Supermarkets, Health & Beauty Stores, and others.

Regional Takeaway

Regionally, North America and Europe recorded highest revenue share, captured above 50% collectively. Due to the relatively low barriers to entry, the hair care service industry in these regions is highly fragmented and a number of key companies are investing increasingly to capture large customers. Furthermore, the presence of international incumbents holding a strong position within the consumer products markets in the Asia Pacific and Europe support this regional growth to great extent. On contrary, Asia Pacific region is anticipated to grow with highest CAGR owing to the diverse product range offered by the leading market players.

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Key Vendor Takeaway

A number of players in hair care industry in the U.S. are preparing to inject new investment to offer novel products and services to capture large customer base. Avon Products, Inc., LOral, Marico Limited, Kao Corporation, Procter & Gamble, Hindustan UniLever are some of the prominent players operating in this market. LOral and Procter & Gamble are two major players, accounted for significant revenue share.

Continuous product innovation coupled with the introduction of new hair care products are considered to be the key strategies adopted by key players. For example, LOral expanded its natural hair care category, Botanicals Fresh Care range in June 2017 with an aim to offer premium experience with high-quality products. The company offers this product in four different versions namely Geranium, Camelina, Safflower, and Coriander, with paraben, dye, and silicone-free.

The market size and forecast for each segment and sub-segments has been considered as below:

Historical Year-2014 & 2016
Base Year-2017
Estimated Year-2018
Projected Year-2025
TARGET AUDIENCE

Traders, Distributors, and Suppliers
Manufacturers
Hospitals
Government and Regional Agencies and Research Organizations
Consultants
Distributors

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SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY PRODUCTS

Hair Colour
Shampoo
Hair Styling Products
Conditioner
Hair Oil
MARKET, BY REGION

North America
U.S.
Canada
Europe
Germany
France
Rest of Europe
Asia Pacific
India
China
Rest of APAC
Rest of the World
Middle East and Africa
Latin America

Read in Details click on below - https://westernmarketresearch.com/market-report/340653/Hair-Care-Market,-by-Products-(Hair-Colour,-Shampo

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Contact.

Kritarth Arun (Marketing & Sales)
https://www.linkedin.com/company/western-market-research/?originalSubdomain=in
WESTERN MARKET RESEARCH
Office No.6, CN7, Survey No. 94-95
Pune, Maharashtra, India.
Email- info@westmarketreport.com
Phone No (US)+1 (650) 741-1345
Phone No (IN) +91 7757044254
https://westernmarketresearch.com/

NEAR INDIRA SHANKAR NAGARI, BHUSARI COLONY,KOTHRUD

Western Market Research is a global player, among top market research companies, with niche in intelligent industry analysis, business report, syndicate, comprehensive and secondary research report having in-depth data analysis based on history trends and forecast, segmentation, major players, market size and market share. Our research firm comprises of analysts with insights on market overview providing business consulting services resulting in breakthrough primary and secondary market research reports.

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