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Hair Care Stores Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
What combination of drivers is leading to accelerated growth in the hair care stores market?The escalation in hair and scalp issues is propelling the expansion of the hair care stores market. These issues span across a multitude of conditions that affect the health and appearance of hair and scalp. Hair care stores offer a plethora of products and services designed to maintain good hair and scalp health. These include hair oils, shampoos, conditioners, and specialized treatments for specific problems like dryness, hair loss, or dandruff. Consequently, rising hair and scalp issues stimulate the demand for hair care stores and the products they offer. As an illustration, Treatment Rooms London, an England-based Hair transplantation clinic, reported in January 2024 that about 6.5 million men and 8 million women in the UK are currently facing hair loss. The most common cause is androgenic alopecia, more commonly known as male or female pattern hair loss, affecting 85% of men and 40% of women by the time they reach 50. Hence, the surge in hair and scalp issues is fuelling the growth of the hair care stores market.
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What is the projected compound annual growth rate (CAGR) of the hair care stores market from 2025 to 2034, and what factors influence it?
The market size for hair care stores has experienced notable growth in the past few years. The projection shows an increase from $179.96 billion in 2024 to $193.99 billion in 2025, with a compound annual growth rate (CAGR) of 7.8%. Factors such as cultural trends, economic status, regulatory shifts, brand fidelity, and informed consumers have contributed to this growth in the historical timeframe.
Expectations for the hair care stores market size point to a robust expansion in the coming years. The industry is projected to increase to $251.38 billion by 2029, boasting a compound annual growth rate (CAGR) of 6.7%. Sustainability and eco-friendly operations, the blossoming of e-commerce, diversity and inclusivity, customer empowerment, and crisis resilience contribute to the predicted growth during the forecast period. Important trends characterizing the forecast period encompass digital transformation, the blending of health and wellness, international market opportunities, breakthroughs in ingredients, and sustainable packaging.
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How are the latest trends influencing the growth of the hair care stores market?
The rise in technological advances has become a notable trend within the hair care stores market. To maintain their market standing, leading companies in the industry are investing in sophisticated technologies. One example is the AI Haircare Advisor, launched by Finnish beauty tech firm Revieve Oy in partnership with Unilever PLC's, a UK-based consumer goods company, Living Proof haircare line in March 2022. Revieve's AI Haircare Adviser uses user input, a one-of-a-kind mobile selfie diagnostic tool for hair, and AI-generated personalized recommendations to help customers understand their hair and how to care for it. As part of the AI Haircare Adviser experience, customers share their concerns and expectations for their haircare routines. They can take a selfie, which is then evaluated using proprietary mobile selfie diagnostics to measure various hair characteristics such as hair type, volume, curl type, color, etc.
What are the major segments of the hair care stores market and their role in driving growth?
The hair care stores market covered in this report is segmented -
1) By Product: Hair Colorants, Shampoo, Conditioner, Hair Oil, Other Products
2) By Distribution Channel: Super market Or Hyper market, Specialty Stores, Online Stores, Other Distribution Channels
3) By Application: Hair Treatment, Scalp Treatment
Subsegments:
1) By Hair Colorants: Permanent Hair Color, Semi-Permanent Hair Color, Temporary Hair Color, Highlighting Kits
2) By Shampoo: Daily Use Shampoo, Clarifying Shampoo, Color-Protecting Shampoo, Anti-Dandruff Shampoo
3) By Conditioner: Rinse-Out Conditioner, Leave-In Conditioner, Deep Conditioning Treatments, Color-Protecting Conditioner
4) By Hair Oil: Argan Oil, Coconut Oil, Jojoba Oil, Serum
5) By Other Products: Hair Styling Products, Hair Masks, Hair Tools, Hair Accessories
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Which regions are key players in the growth of the hair care stores market?
North America was the largest region in the hair care stores market in 2024. Asia-Pacific is expected to be the fastest-growing region in the hair care stores market report during the forecast period. The regions covered in the hair care stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the hair care stores market?
Major companies operating in the hair care stores market include L'Oréal S.A., Unilever plc, Johnson & Johnson Private Limited, Kao Corporation, Henkel AG & Co. KGaA, Amway, Oriflame Cosmetics AG, Procter & Gamble Company, Beiersdorf AG, Coty Inc, Natura & Co, Aveda Corporation, Shandong Baisheng Biotechnology Co. Ltd, Goody Products Inc., Neutrogena Corporation, Sally Beauty Holdings Inc., Ulta Beauty Inc., Superdrug Stores plc, Boots UK Limited, Sephora, A.S. Watson Group, Guardian Health and Beauty, Planet Beauty, Trade Secrets, Beauty Brands, CosmoProf, SalonCentric, Madison Reed, Regis Corporation, Great Clips, Supercuts, Ratner Companies L.C., Fantastic Sams, Sport Clips, First Choice Haircutters, SmartStyle, MasterCuts, HairMasters, Cost Cutters, BoRics, Magicuts, Style America, Holiday Hair, Hairhouse Warehouse, Ricky's NYC
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What Is Covered In The Hair Care Stores Global Market Report?
• Market Size Forecast: Examine the hair care stores market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the hair care stores market for a structured understanding.
• Key Players Overview: Analyze major players in the hair care stores market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the hair care stores market.
• Segment Contributions: Evaluate how different segments drive overall growth in the hair care stores market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the hair care stores market.
• Industry Challenges: Identify potential risks and obstacles affecting the hair care stores market.
• Competitive Landscape: Review strategic developments in the hair care stores market, including expansions, agreements, and new product launches.
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