Press release
Natural Hair Care Products market competitive and growth analysis - major players, high growth strategies and opportunities | The Procter & Gamble Company, Natura Cosméticos S.A., Loreal SA, L'occitane International S.A, The Estée Lauder Companies Inc.
As per The Business Research Company's Natural Hair Care Products Opportunities And Strategies Market Report 2023, The global natural hair care products market reached a value of nearly $9,891.2 million in 2022, having grown at a compound annual growth rate (CAGR) of 3.6% since 2017. The market is expected to grow from $9,891.2 million in 2022 to $12,771.6 million in 2027 at a rate of 5.2%. The market is then expected to grow at a CAGR of 5.4% from 2027 and reach $16,621.0 million in 2032.The rising number of hair problems supported the hair preparations market during the forecast period. Growing hair-related problems such as dandruff, hair loss and split ends, are driving the growth of the natural hair care products market. For instance, in January 2022, according to SBS Filipino, an Australia-based international news company, 50% of Australians experience hair issues during the summer, which makes them less confident to go out and socialize. Hence, increasing hair-related problems contributed to the natural hair care products market expansion during the period.
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Vegan hair colors are a key trend gaining traction in the natural hair care products market. Vegan hair dye does tend to have milder, or less harsh chemicals than non-vegan hair dye, although this may not be the case for every vegan hair dye. For example, in 2020, Revlon, a USA based company dealing in cosmetics, skincare and personal care, launched NEW Total Color, a vegan permanent hair color that gives 100% full coverage. This unique product nourishes the hair by providing natural color with brilliant shine and less breakage. It includes vegan ingredients and an easy-to-use, effortless experience and precision at the roots.
The top opportunities in the natural hair care products market segmented by product type will arise in the shampoos segment, which will gain $892.7 million of global annual sales by 2027. The top opportunities in the natural hair care products market segmented by gender will arise in the women segment, which will gain $1,827.0 million of global annual sales by 2027. The top opportunities in the natural hair care products market segmented by price category will arise in the high or premium segment, which will gain $1,604.5 million of global annual sales by 2027. The top opportunities in the natural hair care products market segmented by distribution channel will arise in the offline segment, which will gain $2,063.3 million of global annual sales by 2027. The natural hair care products market size will gain the most in the USA at $774.0 million.
Natural Hair Care Products Market Segmentation:
The natural hair care products market is also segmented by product type, by gender, by price category and by distribution channel.
By Product Type -
a) Shampoos
b) Conditioners
c) Oils And Serum
d) Gel And Wax
e) Hair Color
f) Other Product Types
By Gender -
a) Men
b) Women
c) Other Genders
By Price Category -
a) High Or Premium
b) Medium
c) Low
By Distribution Channel -
a) Offline
b) Online
Major players in the Natural Hair Care Products market include The Procter & Gamble Company, Natura Cosméticos S.A., Loreal SA, L'occitane International S.A, The Estée Lauder Companies Inc
The regions covered in the global Natural Hair Care Products market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The latest report from The Business Research Company, 'Global Natural Hair Care Products Opportunities And Strategies Market Report - Forecast To 2032,' provides a comprehensive global perspective with data and statistics from 60+ geographies, analyzing 7000+ market segments. The regional and country breakdowns section offers insights into each geography's market analysis, size, historic and forecast growth, and key strategies for industry competitiveness.
Natural Hair Care Products Market Report Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
.....
18. Competitive Landscape And Company Profiles
19. Key Mergers and Acquisitions
20. Opportunities And Strategies
21. Natural Hair Care Products Market, Conclusions And Recommendations
22. Appendix
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