Press release
Natural Hair Care Products Industry to See Robust Expansion, Valued at $15.1 Billion by 2029
Natural Hair Care Products
What Is the Projected CAGR for the Natural Hair Care Products Market from 2024 to 2025?
Over the past few years, the size of the natural hair care products market has been on a steady rise. Market projections predict an increase from $11.09 billion in 2024 to $11.63 billion in 2025, with a compound annual growth rate (CAGR) of 4.9%. This growth during the historical period is believed to be due to enhanced marketing strategies for hair care products, heightened demand within the cosmetics industry, a rise in disposable income, and innovative advancements in the production of hair color.
What are the Expected Market Size and CAGR for Natural Hair Care Products by 2029?
The market for natural hair care products is projected to see a strong upswing in the next couple of years, rising to $15.1 billion by 2029 with a compound annual growth rate (CAGR) of 6.7%. This growth during the predicted period can be ascribed to various factors like heightened beauty awareness, an increasing number of elderly people, mushrooming e-commerce platforms, escalating instances of hair problems, and worldwide population expansion along with urbanization. Trends expected during this period comprise initiatives to launch innovative treatments, new product rollouts, vegan hair dyes, hair dye technologies backed by artificial intelligence (AI), veg keratin products, and strategic allies and collaborations.
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Which Factors Are Driving the Global Natural Hair Care Products Market Expansion?
The surge in e-commerce is anticipated to spur the growth of the natural hair care products market. E-commerce involves the online purchase of goods and the transfer of funds and information to complete these transactions. It supports the natural hair care products market by facilitating transactions, directly marketing products and services to consumers, and offering home delivery. For example, the India Brand Equity Foundation, an export promotion agency subsidized by the Indian government, predicts that by 2024, the e-commerce market in India will be worth USD 111 billion and will further rise to USD 200 billion by 2026. As such, the growing trend of e-commerce is set to fuel the expansion of the natural hair care product market.
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Which Segment Currently Holds the Largest Share of the Natural Hair Care Products Market?
The natural hair care products market covered in this report is segmented -
1) By Product Type: Shampoos, Conditioners, Oils And Serum, Gel And Wax, Hair Color, Other Product Types
2) By Gender: Men, Women, Other Genders
3) By Price Category: High Or Premium, Medium, Low
4) By Distribution Channel: Offline, Online
Subsegments:
1) By Shampoos: Sulfate-Free Shampoos, Herbal Shampoos, Clarifying Shampoos, Moisturizing Shampoos
2) By Conditioners: Leave-In Conditioners, Rinse-Out Conditioners, Deep Conditioners, Hair Masques
3) By Oils And Serum: Essential Oils, Hair Serums, Hair Masks
4) By Gel And Wax: Styling Gels, Hair Waxes, Pomades
5) By Hair Color: Permanent Hair Color, Semi-Permanent Hair Color, Temporary Hair Color
6) By Other Product Types: Hair Treatments, Hair Styling Creams, Dry Shampoo
Which Major Trends Are Shaping the Future of the Natural Hair Care Products Industry?
In a bid to remain competitive in the natural hair care products market, businesses are concentrating on product development and launches. For example, BASF, a Germany-based firm known for its skincare, haircare, and sun protection offerings, unveiled Euperlan NL Pearl in 2022. This is the company's personal care division's first-ever wax-based, COSMOS-certified paralyzed personal care product. It not only fulfills the consumer demand for pacifying and paralyzed effects without pigments but also serves as an efficient replacement for non-COSMOS-authorized constituents. The product distinguishes itself in hair care applications through wet and dry combing tests, evaluations of anti-hair breakage, and flexibility testing.
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Which Key Players Dominate the Natural Hair Care Products Industry Globally?
Major companies operating 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, Davines, The Hain Celestial Group, Mama Earth, Kiehl's, John Master Organics, Himalaya Wellness Company, Herbal Essences, Marico, Biotique, Indulekha, UrbanBotanics, Wow Skin Care, Kao Chemical Corporation, Zeva Hair Spa, Kooswalla, Melao, Mary Kay, Shiseido Group, Shanghai Jahwa United Co. Ltd., HSA Cosmetics, The Kertain Company, Louise Galvin Ltd, Black & White, Barry M Cosmetics, Laboratoire Cosmétique Dôm Labs, Arulabeauty Ltd, Watermans Corporate Enterprises Ltd, Linking Wellness, Phyto Botanical Power, Henkel AG & Co. KGaA, Avon Products Inc., Unilever, Amazon Beauty Inc., Amway, Avalon Organics, Aveda Corporation, Aycan Cosmetics Tr, Bilal Soaps Co, Biolusture, NG Beauty World, Millia Cosmetics Factory, Leaders Soap and Hair Care Products Industry, Aris Cosmetics, Avila Naturalle, Marini Naturals, African Pride
What Are the Fastest-Growing Regions in the Natural Hair Care Products Market?
Europe was the largest region in the natural hair care products market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the natural hair care products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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