Hair Care Products Market Set To Huge Industry Demand, Impressive Growth, In- depth Analysis Of Company Profiles
Research Reports
Jul 24, 2023
Market Research Future Insights
According to MRFR analysis, the Global Hair Care Products Market is expected to register a CAGR of 5.00% from 2022 to 2030 and hold a value of over USD 111821.06 million by 2030.
The Global Hair Care Products Market refers to the worldwide market for various products that are used for hair care and maintenance. It includes a wide range of products such as shampoos, conditioners, hair oils, serums, hair sprays, hair masks, hair colors, and styling products.
The market is influenced by various factors, including consumer preferences, demographic trends, marketing and advertising strategies, distribution channels, and regulatory frameworks. Growing consumer awareness about the ingredients used in hair care products, as well as the demand for natural and organic products, have also shaped the market dynamics.
The COVID-19 pandemic had a significant impact on the Global Hair Care Products Market. The pandemic led to lockdowns, social distancing measures, and economic uncertainties, resulting in a decline in consumer spending on non-essential items, including hair care products. Many people were staying at home and had reduced social interactions, leading to decreased demand for styling products and salon services.
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Key Players
Some of the key market players are:
- Amway Corp
- Coty Inc
- Henkel AG and Co KGaA
- Kao Corp
- L’Oréal SA
- LVMH Moët Hennessy Louis Vuitton
- Revlon Inc
- The Estée Lauder Co Inc
- The Procter and Gamble Co
- Johnson and Johnson
- The Unilever Group
Market Segmentation
The Global Hair Care Products Market has been segmented into type and sales channel.
Based on the type, the market has been segmented into Shampoo, Conditioner and Hair Oil.
Based on the sales channel, the market has been segmented into store and non store.
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Regional Analysis
The largest region in the Global Hair Care Products Market is North American.
North America, consisting of the United States and Canada, has been a significant market for hair care products. The region has a large population, high consumer spending power, and a strong beauty and personal care industry. Major hair care product manufacturers and brands are based in North America, and the market is characterized by a wide range of product offerings, including both mass-market and premium products.
Similarly, Europe has a mature and well-developed hair care products market. Countries such as the United Kingdom, Germany, France, Italy, and Spain have a strong presence of major beauty and personal care brands. Europe also has a fashion-conscious population, with a significant emphasis on hair styling and grooming..
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Hair Care Market Research Report Information By Type (Shampoo, Hair Styling, Conditioner, Hair Colorant, and Hair Oil), By Treatment (Hair Treatment and Scalp Treatment), By Distribution Channel (Store-Based and Non-Store-Based), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030
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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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