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Hair Relaxer Market worth $1,431.91 million by 2030, growing at a CAGR of 6.00% - Exclusive Report by 360iResearch
Hair Relaxer Market | 360iResearch
The Global Hair Relaxer Market to grow from USD 951.91 million in 2023 to USD 1,431.91 million by 2030, at a CAGR of 6.00%.
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A hair relaxer is a lotion or cream generally used by people with tight curls or extremely curly hair, which makes hair easier to straighten by chemically relaxing the natural curls. The active agents in hair relaxers are powerful alkaline chemicals such as sodium hydroxide or calcium hydroxide, which can break down the hair's structure, making it more malleable. Several factors contribute to the dynamics of the hair relaxer industry, including the increasing demand for hair styling products, the desire for manageable and sleek hair looks, and the influence of social media on beauty standards. Additionally, product innovation, such as introducing organic and natural ingredients, caters to health-conscious consumers, driving market expansion. However, restraints include a growing awareness of potential damage caused by chemicals in relaxers, which can lead to scalp irritation and hair breakage. This has encouraged many consumers to opt for natural hair textures, negatively impacting relaxer sales. Challenges involve meeting regulatory standards, shifting toward natural hair care trends, and handling competition from alternative hair straightening methods such as keratin treatments and straightening tools. Opportunities lie in innovation, such as developing gentler formulations with lower chemical concentrations. Moreover, increasing the range of tailored solutions for different hair types can offer new growth avenues. Emphasizing education regarding product use and damage mitigation techniques is expected to improve consumer confidence.
Market Segmentation & Coverage:
This research report categorizes the Hair Relaxer Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Alkaline & Lye Relaxer, No Lye Relaxer & Down Perm, and Theo Relaxer. The Alkaline & Lye Relaxer is projected to witness significant market share during forecast period.
Based on Distributing Channel, market is studied across Hyper Markets & Supermarkets and Speciality Stores. The Hyper Markets & Supermarkets is projected to witness significant market share during forecast period.
Based on Application, market is studied across Commercial Use and Home Use. The Home Use is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Hair Relaxer Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Hair Relaxer Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Hair Relaxer Market, highlighting leading vendors and their innovative profiles. These include Aveda Corporation, Avon Justine Pty Ltd, Beiersdorf AG, Conair Corporation, Godrej Group, Henkel AG and Co. KgaA, Kao Corporation, Lykis Limited, L'Oréal S.A., Marico Limited, Nantong Tianlan Cosmetics Co., Ltd., Natura &Co Holding S.A., Olaplex, Inc., Shiseido Company, Limited, and Unilever PLC.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Hair Relaxer Market, by Type
7. Hair Relaxer Market, by Distributing Channel
8. Hair Relaxer Market, by Application
9. Americas Hair Relaxer Market
10. Asia-Pacific Hair Relaxer Market
11. Europe, Middle East & Africa Hair Relaxer Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Hair Relaxer Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Hair Relaxer Market?
3. What is the competitive strategic window for opportunities in the Hair Relaxer Market?
4. What are the technology trends and regulatory frameworks in the Hair Relaxer Market?
5. What is the market share of the leading vendors in the Hair Relaxer Market?
6. What modes and strategic moves are considered suitable for entering the Hair Relaxer Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
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