Hair Care Market to Reach US$ 102.9 Billion by 2027 | CAGR of 4.61%

According to the latest report by IMARC Group, titled "Hair Care Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" The global hair care market size reached US$ 78.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 102.9 Billion by 2027, exhibiting a CAGR of 4.61% during 2022-2027. Hair care involves the adoption of various products that aid in maintaining and improving the overall hair health. They are generally used by individuals to clean and improve the overall texture and appearance of their hair. Some of the commonly utilized hair care products include serums, supplements, hair oils, hair loss treatment, styling products and conditioners that are formulated with essential nutrients that help in hair nourishment. These products are widely available across the globe that differs on the basis of their ingredients, content formulation, product size and price range. The demand for hair care is rising due to the easy availability of a diversified range of hair care products in the market.

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Global Hair Care Market Trends:

The global market is primarily driven by the increasing preference for maintaining hair health among the masses. This is supported by the adverse effects of harsh environmental conditions on hair that often lead to hair fall, thinning, dandruff, itchy scalps and hair loss. Moreover, the inflating disposable income levels of individuals and the easy product availability via offline and online organized retail channels are providing a boost to the sales of hair care products. Additionally, several leading players are heavily investing in launching customized hair care products due to the complexity and diversity of hair concerns and types, which are gaining widespread prominence across the globe. In line with this, the introduction of sulfate-free, chemical-free and organic hair care products is providing an impetus to the market growth. Other factors, including the development of aggressive marketing strategies, promotional campaigns, celebrity endorsements and innovative packaging solutions by key players and extensive research and development (R&D) activities, are also positively influencing the market.

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Important Attribute and highlights of the Report:

• Detailed analysis of the global market share
• Market Segmentation by product type and distribution channel.
• Historical, current, and projected size of the market in terms of volume and value
• Latest industry trends and developments
• Competitive Landscape for Hair Care Market
• Strategies of major players and product offerings

Key Players Included in Global Hair Care Market Research Report:

• KAO Group
• L'Oréal USA, Inc.
• The Procter & Gamble (P&G) Company
• Unilever PLC
• Johnson & Johnson, Inc.

COVID-19 Impact Overview:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Key market segmentation:

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Specialty Stores
• Convenience Stores
• Online Retailers
• Others

Breakup by Product Type:

• Shampoo
• Hair Color
• Conditioner
• Hair Styling Products
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

TOC for the Hair Care Market Research Report:

• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Hair Care Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

Other Reports of IMARC Group:

• India Telemedicine Market: https://www.imarcgroup.com/india-telemedicine-market
• India Food Service Market: https://www.imarcgroup.com/india-food-service-market
• India Essential Oil Market: https://www.imarcgroup.com/india-essential-oil-market
• Maintenance Repair and Operations (MRO) Market: https://www.imarcgroup.com/maintenance-repair-operations-market
• Electric Vehicle Charging Station Market: https://www.imarcgroup.com/electric-vehicle-charging-station-market
• Mental Health Market: https://www.imarcgroup.com/mental-health-market
• Meat Market: https://www.imarcgroup.com/meat-market

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