openPR Logo
Press release

Hair Care Products Market Share 2024 by Key Suppliers, Pricing Trends, Global Growth and Size Analysis, Regional Segments Forecast to 2031 | Unilever plc, Procter Gamble Co., L'Oréal S.A.

05-21-2024 11:08 AM CET | Consumer Goods & Retail

Press release from: Coherent Market Insights

Hair Care Products Market

Hair Care Products Market

The global hair care products market is expected to surpass US$ 152.26 Bn by the end of 2028, in terms of revenue, and exhibit a CAGR of 5.33% during the forecast period (2021 to 2028).

Market Overview:

Hair care products help maintain hair hygiene and nourish hair through the use of ingredients such as oils, conditioners, shampoos and other treatments. They prevent hair fall, dandruff and support hair growth.

Market Dynamics:

The rising consumer awareness regarding health, hygiene and personal grooming has boosted the demand for hair care products globally. Growing concerns over hair fall, dandruff and dry scalp has prompted consumers to invest in various hair treatments and nourishment products. In addition, growing disposable income in developing nations has augmented the spending power of consumers on premium hair care and styling products. Rising fashion consciousness and experimentation with different hair styles also favors the market growth. Moreover, aggressive promotional activities by leading brands influences the purchase decision of consumers.

Get Sample Report with Global Industry Analysis @ https://www.coherentmarketinsights.com/insight/request-sample/1396

Hair Care Products Market Drivers

Rising Population of Millennials and Generation Z increases demand

The hair care products market has witnessed a significant rise in demand mainly due to the increasing population of millennials and Generation Z worldwide. Millennials, those born between 1981 and 1996, form a major consumer base and prefer innovative products tailored to their needs and lifestyle. They are more experimental with their hair styles and often change hair colors which drives the usage of various hair care items like shampoos, conditioners, styling products. Similarly, Generation Z population who were born between 1997 and 2015 also contributes to the market growth. They actively follow fashion and beauty trends on social media which impacts their buying behavior and trial of new products. The trends of self-expression and customization have made these younger generations key target segments for hair care brands leading to overall market expansion.

Growing Focus on Natural and Organic Ingredients Boosts Demand

In recent years, there has been a notable surge in consumer preference for hair care products containing natural and organic ingredients over chemical-laden variants. This shift is mainly due to rising health awareness and concerns about potential side-effects of synthetic chemicals. As a result, many mainstream brands as well as new startups have launched natural hair care lines using plant-derived components, nourishing oils and other herbal extracts. They often market their products as safer, non-toxic alternatives offering similar results. This clean label trend is positively influencing sales volumes as consumers are willing to pay premium prices for responsibly formulated goods. Several studies also show the benefits of natural ingredients in taming hair fall, smoothing texture and treating scalp conditions which further spurs market growth.

Hair Care Products Market Restrain

Rising Production Costs due to Stringent Regulatory Standards

One key restrain hampering the hair care market expansion is the increasing compliance burden and production costs inflicted by stringent regulations. Various agencies like FDA, EMA, EFSA have laid down rigorous norms regarding formulation, manufacturing practices and safety testing of hair care items. They mandate thorough clinical studies to prove product efficacy as well as monitor potential toxicity over long-term use. Moreover, bans on use of hazardous chemicals and carcenogens have disrupted established supply chains. All these regulatory changes demand significant investments in R&D, facility upgradation and new packaging solutions. Particularly for small scale producers, meeting all statutory guidelines inflates the cost of operations, raising the overall price of goods. This negatively impacts the affordability of products for certain consumer segments. Sometimes brands are also forced to discontinue non-complaint variants which shrinks their portfolio.

Hair Care Products Market Opportunity

Scope for Customized Solutions based on Hair Type and Concerns

The hair care industry presents noteworthy opportunities for businesses promoting customized and targeted product offerings. Current trends suggest consumers are reassessing their hair care routines and looking for solutions matched to their unique hair type, texture and existing problems. While the mass market is saturated with generalized products, a white space exists for developing customized formulations addressing specific requirements. For example, specialized lightweight conditioning shampoos for fine hair prone to oiliness or intense moisture serums for dry, damaged strands. Similarly, problem-focused variants like anti-dandruff, anti-hair fall and frizz-control could see augmented demand. Brands leveraging technology like artificial intelligence for accurate diagnosis of hair issues and tailoring solutions accordingly may gain an edge over rivals. Targeting niche segments with customized problem-solutions represents a profitable avenue to boost sales and brand loyalty.

Hair Care Products Market Trends

Rising Popularity of Premium and Luxury Hair Care Brands

A noticeable trend influencing the hair care sector globally is the increased consumer spending on premium and luxury hair care brands. Driven by rising disposable incomes, people today are willing to splurge on high-quality formulas promising salon-like results in the convenience of home. They prefer elegant packaging over inexpensive alternatives as a status symbol. Major luxury brands dominate retail shelves as well as e-commerce sites with their extravagantly priced but richly formulated products. Even mass consumer brands are launching exclusive premium sub-lines catering to this demographic. Ingredients like rare plant essences, precious oils, expensive active ingredients are key differentiators. Additionally, products marketed through boutique stores, personalized services

Worldwide major and leading players within the market are:

★ Unilever plc
★ Procter Gamble Co.
★ L'Oréal S.A.
★ Avon Products Inc.
★ Revlon Inc.
★ Aveda Corporation
★ Amka Products (Pty) Ltd.
★ Johnson & Johnson Pvt. Ltd.
★ Combe Incorporated
★ Henkel Corporation. The Estée Lauder Companies Inc.
★ Shiseido Company

Don't wait, Make a strategic approach & boost your business goals with our Hair Care Products Market Forecast Report - Buy Now @
https://www.coherentmarketinsights.com/insight/buy-now/1396

Segmental Overview

Hair Care Products Market segmentation offers an in-depth analysis of the various segments of the market, including application, type, end use, and region. The segmentation overview section offers crucial information about the market share, sales, and growth rate for each of the segments over the forecast period. Moreover, an examination of the relative multitude of significant sub-portions in the market has been canvassed in the report.Having a knowledge about the various segments and sub-segments helps businesses recognize the importance of factors that drive industry growth.

The titled segments and sub-section of the Hair Care Products market are illuminated below:

Global Hair Care Products Market, By Product Type:

★ By Product Type: Shampoo, Conditioner & Mask, Hair Oil, Hair Gels, Hair Color, Other (Serum, Comb, etc.)
★ By Distribution Type: Supermarket , Hypermarket, Specialty Stores, Convenience Stores, Online, Others

Regional Analysis for Hair Care Products Market:

📍 North America (United States, Canada, and Mexico)
📍 Europe (Germany, France, UK, Russia, and Italy)
📍 Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
📍 South America (Brazil, Argentina, Colombia, etc.)
📍 The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Key Highlights of the Report

Offers a comprehensive and holistic analysis of the Hair Care Products Market.
Evaluates the competitive environments, covering partnerships, joint ventures, acquisitions, and organic growth.
Provides forecast information related to every region and sub-region of the Hair Care Products market.
Includes information on the key opportunities and challenges faced by key industry players worldwide.
Covers the Hair Care Products market's current and future market outlook on industry drivers, market restraints, and regional constraints.
The report answers a number of crucial questions, including:

➥ Which companies dominate the global Hair Care Products market?
➥ What current trends will influence the Hair Care Products market over the next few years?
➥ What are the market's opportunities, obstacles, and driving forces?
➥ What predictions for the future can help with strategic decision-making?
➥ What advantages does market research offer businesses?
➥ Which particular Hair Care Products market segments should industry players focus on in order to take advantage of the most recent technical advancements?
➥ What is the anticipated growth rate for the market economy globally?

Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/1396

Contact Us:

Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hair Care Products Market Share 2024 by Key Suppliers, Pricing Trends, Global Growth and Size Analysis, Regional Segments Forecast to 2031 | Unilever plc, Procter Gamble Co., L'Oréal S.A. here

News-ID: 3505689 • Views:

More Releases from Coherent Market Insights

Australia Skincare Products Market Overview by Increasing Demands and Sales By 2024-2031 | Beiersdorf AG, L'Oréal SA, Procter & Gamble
Australia Skincare Products Market Overview by Increasing Demands and Sales By 2 …
Australia Skincare Products Market Growing Demand and Growth Opportunity 2024-2031: This comprehensive Report on Australia Skincare Products Market provides real information about the statistics and state of the and regional market. Its scope of study extends from the market situation to comparative pricing between the main players, spending in specific market areas, and profits. It represents a comprehensive and succinct analysis report of the main competitor and price statistics with
Hand Sanitizer Market Emerging Trends, Consumer Behavior, and Competitive Strategies By 2024-2031 | Vi-Jon Inc., Henkel AG & Co. KgaA
Hand Sanitizer Market Emerging Trends, Consumer Behavior, and Competitive Strate …
Global Hand Sanitizer Market Growing Demand and Growth Opportunity 2024-2031: This comprehensive Report on Hand Sanitizer Market provides real information about the statistics and state of the global and regional market. Its scope of study extends from the market situation to comparative pricing between the main players, spending in specific market areas, and profits. It represents a comprehensive and succinct analysis report of the main competitor and price statistics with
Soda Ash Market: Global Trends, Applications, and Growth Opportunities
Soda Ash Market: Global Trends, Applications, and Growth Opportunities
Global Soda Ash Market Growing Demand and Growth Opportunity 2024-2031: The Latest Report, titled "Soda Ash Market" Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030, by Coherent Market Insights offers a comprehensive analysis of the industry, which comprises insights on the market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The Soda Ash market has been growing significantly in recent
Oil Filter Elements Market Report: Manufacturing Business Plan, Machinery Requirement, and Cost Breakdown By 2024-2031 | MANN+HUMMEL, Mahle GmbH, Denso Corporation
Oil Filter Elements Market Report: Manufacturing Business Plan, Machinery Requir …
Global Oil Filter Elements Market Growing Demand and Growth Opportunity 2024-2031: This comprehensive Report on Oil Filter Elements Market provides real information about the statistics and state of the global and regional market. Its scope of study extends from the market situation to comparative pricing between the main players, spending in specific market areas, and profits. It represents a comprehensive and succinct analysis report of the main competitor and price

All 5 Releases


More Releases for Hair

Beffi Dew Befull Hair for Hair Loss Prevention and Hair Growth | JNL
JNL Co., Ltd. is a beauty device manufacturer that specializes in medical beauty devices, fillers, and functional cosmetics. Representing the level of the industry in Korea, JNL's excellence in beauty device technology is widely promoted across the world through the export of beauty devices, exporting its superb products with Cosmeceutical, Beffi Dew AMA Filler, and Home Care Devices. AMA FILLER BEFFI DEW BEFULL HAIR Hair filler composition and method of
Hair Styling Products Market by Trends, Dynamic Innovation in Technology and 202 …
The Global Hair Styling Products market examines existing trends, dynamics, and perspectives, as well as forecasting the market's current state and possible prospects over the forecast period of 2021 to 2027. The report offers in-depth insights into market dynamics to support businesses make improved business decisions and progress growth strategies based on market prospects as well as opportunities. The study is focused on a group review of data gathered from
Global Hair Care Products Market Research Report 2017 Industry Products - Hair C …
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Hair Care Products in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India Global Hair Care Products market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Henkel Kao L'Oreal P&G Unilever Avon Combe Estee Lauder Johnson & Johnson Revlon Shiseido World Hair Cosmetics On the basis of product, this report displays
Global Hair Extension Market 2017 - Great Lengths, Hair Development, Hair Weavon
The report entitled Global Hair Extension Market 2017 presents key insights into the global Hair Extension market along with the latest up-to-date industry details and forthcoming Hair Extension industry trends, which will assist the readers to focus on product specification and end users driving the overall market revenue and profitability. Report Keynotes: The main motive of the report on "Global Hair Extension Market 2017" is to study comprehensive details of the market
Hair Loss And Weakening Hair Lines
Are you struggling with hair loss or a weakening hair line? Are you a male trying to hide your hair loss with side combs and hair gel? Or are you a female trying to hide her weakening hair line with hair glue, hair extensions and wigs? We know this can often be a difficult subject to talk about because you can often feel embarrassed about it, but there’s no need
Shabby Hair-Look? Desire A Stylish Hair Do? Destination Advance Hair Extensions …
Feeling low because of your lean hair that looks shabby, unmanageable and tangled? No more to worry as Advance Hair Extensions is here to help you. With a wide variety of genuine human hair to choose from, you can now dare to dream of adding lustrous volume to your hair fast and easily. Advance Hair Extension, London’s leading hair extension expert, is your one stop destination to get the best