Press release
Hair Gel Market is expected to grow to USD 29.88 billion by 2029, Understanding Consumption Dynamics, Customer Preference, Market Trends
Hair Gel Market
In 2022, the Gel Market reached a valuation of USD 21.29 billion and is anticipated to witness substantial growth, reaching USD 29.88 billion by 2029. This growth trajectory represents a Compound Annual Growth Rate (CAGR) of 4.3% during the forecast period.
Within the global hair care industry, hair gel stands out as a significant segment, experiencing consistent growth. Catering to both genders seeking styling and hold solutions, the market exhibits varying sizes across regions, with North America, Europe, and Asia Pacific emerging as key markets. The surge in market growth is attributed to heightened consumer awareness regarding hair care, evolving grooming trends, and the increasing demand for versatile styling options.
Hair gel products come in diverse formulations and holds tailored to different hair types and styling preferences. Variations include light, medium, strong, and extra-strong holds, with additional features such as shine enhancement, heat protection, or specific hair care benefits. Popular among individuals of all ages and genders, especially the younger demographic expressing themselves through hairstyles, hair gel is a sought-after styling product. These products find distribution through various channels, including supermarkets, drugstores, beauty supply stores, salons, and online platforms.
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Hair Gel Market Dynamics:
Hair gel sales are significantly influenced by dynamic fashion and grooming trends. Customers, driven by a desire for trendy hairstyles, seek versatile styling techniques provided by hold-and-style hair gels. The emphasis on personal grooming and changing fashion trends contributes to the increasing demand for quality hair products. Consumers now prioritize hair gels that not only style but also nourish and protect their hair. The impact of social media and celebrity culture is evident, with influencers and celebrities inspiring consumers to emulate their hairstyles, thereby boosting hair gel sales.
Several trends have surfaced in the hair gel market, including a preference for organic and natural products. The demand for chemical-free, natural hair gels is rising, aligning with consumer preferences. Customization and personalized solutions are gaining popularity, with frizz-control, color-protection, and volumizing hair gels meeting diverse customer demands. Market trends also highlight the preference for lightweight, non-sticky formulations, fulfilling consumer expectations for long-lasting hold without a sticky residue.
The hair gel market holds promising growth prospects, driven by factors such as rising disposable income, urbanization, and evolving consumer habits in emerging markets. Innovation in hair gel formulations, incorporating sophisticated technologies or addressing specific hair issues, presents an opportunity for companies to differentiate and expand market share. E-commerce platforms offer a significant avenue for hair gel makers to reach a wider customer base, leveraging digital marketing for sales.
Hair Gel Market Regional Insights
The North American hair gel market is shaped by fashion-conscious consumers and evolving grooming trends. The United States and Canada stand as dominant players in the region, driven by a robust demand for diverse styling products. Key trends in the North American market encompass a preference for natural and organic formulations, a focus on innovative product features, and the significant influence of social media on consumer preferences. Distribution channels such as supermarkets, drugstores, and e-commerce platforms are popular choices in this dynamic market.
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Hair Gel Market Segmentation:
by Product
Styling Gel
Wet Look Gel
Volumizing Gel
Curl Enhancing Gel
Specialty Gels
by Hold Strength
Light Hold
Medium Hold
Strong Hold
Extra Strong Hold
by Hair Type
Straight Hair
Wavy Hair
Curly Hair
Textured Hair
by Distribution Channel
Supermarkets and Hypermarkets
Drugstores and Pharmacies
Beauty Specialty Stores
E-commerce Platforms
Salons and Haircare Professionals
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Hair Gel Market Key Players include:
The captured list of leading manufacturers of the Hair Gel industry has been compiled after an analysis of multiple factors. It is not an exhaustive list based only on market share ranking. After a regional analysis, a competitive analysis, and other such considerations, the company profiles were selected based on a variety of factors. The comprehensive report contains information on the position of each company in the market from a local and global perspective.
North America:
1. Procter & Gamble (United States)
2. L'Oréal S.A. (United States)
3. Unilever (United States)
4. Revlon Inc. (United States)
5. John Paul Mitchell Systems (United States)
Europe:
1. Henkel AG & Co. KGaA (Germany)
2. Schwarzkopf (Germany)
3. Wella Professionals (Germany)
4. Coty Inc. (United Kingdom)
5. Kao Corporation (United Kingdom)
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Table of content for the Hair Gel Market includes:
1. Global Hair Gel Market: Research Methodology
2. Global Hair Gel Market: Executive Summary
• Market Overview and Definitions
● Introduction to the Global Market
● Summary
● Key Findings
● Recommendations for Investors
● Recommendations for Market Leaders
● Recommendations for New Market Entry
3.Global Hair Gel Market: Competitive Analysis
• MMR Competition Matrix
● Market Structure by region
● Competitive Benchmarking of Key Players
● Consolidation in the Market
● M&A by region
● Key Developments by Companies
● Market Drivers
● Market Restraints
● Market Opportunities
● Market Challenges
● Market Dynamics
● PORTERS Five Forces Analysis
● PESTLE
● Regulatory Landscape by region
● North America
● Europe
● Asia Pacific
● Middle East and Africa
● South America
● COVID-19 Impact
4 . Company Profile: Key players
• Company Overview
● Financial Overview
● Global Presence
● Capacity Portfolio
● Business Strategy
● Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2023 to 2029)
● Past Pricing and price curve by region (2023 to 2029)
● Market Size, Share, Size and Forecast by different segment | 2023-2029
● Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
● Market Segmentation - A detailed analysis by growth and trend
● Competitive Landscape - Profiles of selected key players by region from a strategic perspective
● Competitive landscape - Market Leaders, Market Followers, Regional player
● Competitive benchmarking of key players by region
● PESTLE Analysis
● PORTER's analysis
● Value chain and supply chain analysis
● Legal Aspects of business by region
● Lucrative business opportunities with SWOT analysis
● Recommendations
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