Press release
Dry Shampoo Market A US$ 5.35 Billion Catalyst for Transformation in the Haircare and Personal Care Industry
IntroductionThe global dry shampoo market is experiencing significant growth due to rising consumer demand for convenience and beauty solutions. This market expansion is fueled by strategic mergers and acquisitions (M&A) across key regions, with Vietnam, South Korea, Japan, Thailand, Singapore, and Europe playing pivotal roles. Key players in the market are focused on product innovation, technological advancements, and expansion into new geographical areas. This press release explores the latest M&A activities, developments, and trends shaping the dry shampoo industry globally.
Key Developments in the Dry Shampoo Market
As of 2024, the dry shampoo market is valued at several billion dollars, with forecasts predicting continued expansion through 2030. Driven by busy lifestyles and an increasing preference for time-saving beauty products, dry shampoo has seen rapid adoption worldwide.
๐ ๐จ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/48173/
Mergers and Acquisitions:
In South Korea, LG Household & Health Care, a major player in the beauty and personal care industry, acquired a leading dry shampoo brand to enhance its portfolio and cater to rising consumer demand for quick beauty solutions.
Vietnam saw an increase in regional collaborations, with local firms merging with international companies to diversify their product offerings. One of the most notable acquisitions was a partnership between a Vietnamese cosmetic giant and a global player to launch eco-friendly dry shampoo products.
In Thailand, established cosmetic brands have expanded their product lines by acquiring smaller, innovative firms specializing in natural dry shampoo formulations, tapping into the growing demand for organic and sustainable beauty products.
Singapore has emerged as a hub for beauty startups, with several local dry shampoo brands recently being acquired by large multinational corporations in a bid to tap into Southeast Asia's growing market.
Innovations and Technological Developments:
Japan has seen advancements in product formulation, with a focus on non-aerosol dry shampoo sprays and powders using plant-based ingredients.
In Europe, sustainable packaging and natural ingredients are becoming key selling points, leading to several strategic acquisitions by global beauty companies aiming to expand their market share in the eco-conscious segment.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐ญ๐ก๐๐ซ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/48173/
Regional Market Insights
United States: The U.S. remains one of the largest markets for dry shampoo, with increasing sales driven by consumers seeking easy-to-use personal care solutions. The demand is especially high among younger generations, such as Millennials and Gen Z, who prioritize convenience and multi-functional products.
European Countries: The European dry shampoo market is booming, with a strong emphasis on eco-friendly, cruelty-free products. Many European brands have merged or been acquired by larger, international companies aiming to strengthen their positions in the sustainability-driven beauty market.
South Korea: Known for its innovative beauty trends, South Korea continues to shape the dry shampoo market with product innovations, especially in the realm of non-aerosol, refillable packaging. This region is a critical market for international beauty brands looking to expand their Asian footprint.
Japan: Japanese consumers are particularly interested in lightweight, non-greasy dry shampoos with long-lasting effects, making Japan an important market for product innovations. M&As here are focused on combining the beauty-tech expertise of local firms with global distribution networks.
Vietnam and Thailand: These regions are witnessing a surge in the demand for dry shampoos as the beauty and wellness sectors expand. M&As are frequently occurring in Vietnam, with local brands teaming up with foreign firms to increase their reach within Southeast Asia.
๐๐จ ๐๐๐ญ ๐๐จ๐ซ๐:https://www.maximizemarketresearch.com/market-report/global-dry-shampoo-market/48173/
Dry Shampoo Market Segmentation
By Form
Spray
Powder
Others
By End User
Men
Women
Children
By Distribution Channel
Offline
Online
Dry Shampoo Market Key Players
Europe
1. Unilever (United Kingdom/Netherlands)
2. Pierre Fabre (France)
3. L'Oreal SA (France)
4. Henkel AG & Company KGaA (Germany)
Asia Pacific
1. Shiseido Company Ltd. (Japan)
2. Kao Corporation (Japan)
3. BBLUNT (India)
North America
1. Procter & Gamble Company (United States)
2. Revlon Inc. (United States)
4. New Avon LLC (United States)
5. The Estee Lauder Companies Inc. (United States)
6. Coty Inc. (United States)
7. MacAndrews & Forbes Incorporated (United States)
8. PHILOSOPHY INC. (United States)
๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ง๐ค ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐ @https://www.maximizemarketresearch.com/request-sample/48173/
Key Players and Recent Mergers & Acquisitions
Procter & Gamble (P&G) - As a market leader in the dry shampoo segment, P&G continues to lead with innovations. Recently, the company made strategic acquisitions in Southeast Asia to extend its footprint in the growing market for beauty products.
Unilever - Unilever recently acquired a popular natural dry shampoo brand from Europe, emphasizing its commitment to sustainability and eco-friendly packaging. The acquisition is set to complement Unilever's vast portfolio in the beauty and personal care market.
Kao Corporation - Japan-based Kao Corporation has entered into several joint ventures and acquisitions to enhance its dry shampoo portfolio. With a growing demand for innovative, non-toxic products, Kao aims to lead the Asian market.
Bumble and Bumble (Estรฉe Lauder) - In the U.S., Estรฉe Lauder's acquisition of Bumble and Bumble's dry shampoo line significantly boosted its presence in the hair care sector, focusing on salon-quality products that cater to busy professionals.
L'Orรฉal - L'Orรฉal's acquisition of the popular dry shampoo brand, Klorane, underscores the company's move towards expanding its natural and sustainable beauty offerings. L'Orรฉal plans to integrate the brand into its global portfolio to reach a broader audience.
Henkel - Henkel's expansion into Southeast Asia has been marked by a series of acquisitions, including a leading dry shampoo brand in Vietnam. The move supports Henkel's strategy to tap into the fast-growing beauty markets in emerging economies.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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