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Hair Care Products Market Worth Observing Growth: Bajaj Consumer Care, Dabur India, Emami

04-17-2020 09:30 AM CET | Fashion, Lifestyle, Trends

Press release from: HTF Market Intelligence Consulting Pvt. Ltd.

Hair Care Products Market

Hair Care Products Market

A new research document is added in HTF MI database of 71 pages, titled as 'Hair Care Products Market in India 2019' with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions and important players/vendors such as Bajaj Consumer Care Limited, Dabur India Limited, Emami Limited etc. The Study will help you gain market insights, upcoming trends and influencing growth prospects for forecast period of 2019-2025.

Access sample report @ https://www.htfmarketreport.com/sample-report/2585542-hair-care-products-market-1

Summary
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Hair care has emerged as an integral part of the average Indians' beauty regime, of late. Access to international beauty trends led to the rapid evolution of the hair care market in India.

Market insights:
The hair care products market in India was valued at INR 224.76 Bn in 2018 and is expected to reach INR 384.19 Bn by 2024, thus expanding at a compounded annual growth rate (CAGR) of ~9.35% during the forecast period. Increasing pollution levels have raised problems like hair fall, dandruff and premature greying of hair. Therefore, besides using essential hair care products like shampoo, hair oil and conditioner, people are spending on revitalizing serum, medicinal oil, and other such products to address hair-related problems.

Companies covered:
Bajaj Consumer Care Limited, Dabur India Limited, Emami Limited, Godrej Consumer Products Limited, Hindustan Unilever Limited, Marico Limited, Procter & Gamble Hygiene and Health care Limited, CavinKare Private Limited, L'Oreal India Private Limited, The Himalaya Drug Company

View Detailed Table of Content @ https://www.htfmarketreport.com/reports/2585542-hair-care-products-market-1

Market segment insights:
Product type-wise segmentation:
Based on product type, the hair care market is segmented into hair oils, shampoo, hair colorants, hair styling products and conditioners. As of 2018, the hair oil products segment held the largest share (42%) in terms revenue, followed by shampoo and hair colorants segments. Hair oil being the most affordable and widely used hair care product in India, comprised the largest market share.

Product benefit-wise segmentation:
Based on the benefits obtained from the hair care products, the market is segmented into hair nourishment/maintenance, hair problem solving and hair styling/conditioning products. In 2018, the product segment offering nourishment/maintenance held the largest share (~47%) in terms of revenue. This segment is further categorized into products that cover up grey hair, fights hair fall and dandruff, and repair dry and damaged hair. In 2018, the segment of hair care products for covering up grey hair held the largest market share (~42%) in terms of revenue.

Key growth drivers of the market:
o Owing to pollution and increasing amount of work stress, Indians are facing serious hair-related problems. Therefore to nourish their hair, besides using primary hair care products like hair oils, shampoos, and conditioners, consumers are demanding hair care products like hair serums, hair nourishing oils, nourshing shampoo, and hair protectants, which is driving the growth of the market.
o Social media platforms like Facebook and Instagram have exposed Indians to global hair care trends. Influenced by celebrities, people are increasingly investing in hair styling products like hair wax and hair gel, besides coloring, straightening or perming of the hair. This, as a result, is facilitating the growth of the hair care products market in India.

Key deterrents to the growth of the market:
The hair care products market in India consists of players who do not adhere to the quality standards for the products and services they offer. Also, counterfeit hair care products are available at a lower price than the original ones, thereby attracting price-sensitive Indian consumers. However, fake products fail to live up to the expectations of consumers in terms of quality, hampering their loyalty to the original branded products. Consumer also tend to switch brands if similar products are available at affordable prices. Allergic reactions to certain chemicals, ineffectiveness of a product and lack of availability are among other reasons that might impel Indians to switch brands. These factors hinder the growth of the market players which poses challenge towards the expansion of the market.

Get Customization in the Report, Enquire Now @ https://www.htfmarketreport.com/enquiry-before-buy/2585542-hair-care-products-market-1

Chapter 1: Executive summary

Chapter 2: Socio-economic indicators

Chapter 3: Introduction
3.1. Market definition and structure
3.2. Major global players using AI-based manufacturing process

Chapter 4: India artificial intelligence market overview
4.1. India artificial intelligence market overview
4.1.1. India artificial in

....Continued

Buy this report @ https://www.htfmarketreport.com/buy-now?format=1&report=2585542

It's vital you keep your market knowledge up to date. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization accordingly.

Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA - 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com

About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the "Accurate Forecast" in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their "Goals & Objectives".

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