Hair Care Products Market Outlook Development Factors, Latest Opportunities and Forecast by 2030
Market Overview
The cosmetic industries are highly growing due to lifestyle and fashion changes. Concern for maintaining healthy hair is raising the demand in the Hair Care Products Market.
The growing interest in natural ingredients is a key driver of the market. This is letting the industrial players and companies launch products with natural ingredients. Organic hair care product like serums and oils, conditioners and shampoos, and styling is in greater demand, among other products. The change in fashion trends and awareness of new, effective, and safer hair care products significantly drive the market’s growth.
Organic and natural hair care products for personal grooming are a major market driver. Organic hair care products like conditioners, anti-dandruff organic hair oils and shampoo are contributing to the growth of the Hair Care Products Market.
Other factors responsible for the market’s growth are environmental pollution, global warming, and others causing hair damage, accelerating the demand for hair care products. The products with extra care features and protection from damages are driving the market globally.
During the pandemic, the market faced a downfall in the growth graph. But it is back into the recovery process in the post-pandemic period. Global Hair Care Products Market Size was valued at USD 75684.9 Million in 2021. The hair care products market industry is projected to grow from USD 79469.145 Million in 2022 to USD 111821.06 Million by 2030, exhibiting a compound annual growth rate (CAGR) of 5.00% during the forecast period (2022 - 2030).Rising hair issues and increasing awareness regarding hair care products are the key market drivers enhancing market growth.
Market Segments
The Hair Care Products Market is segregated into product types and applications.
The product type section of the market is divided into shampoo, hair oil, hair conditioner, and hair gel.
The distribution channel of the market is fragmented into store-based and non-store based. The store-based segment is sub-divided into supermarkets and hypermarkets, convenience stores, and others.
Regional Analysis
According to the global geographical report, the Hair Care Products Market is distributed in major countries of North America, Latin America, Asia Pacific, Europe and the Middle East and Africa.
North America is showing the highest revenue due to its higher demand for hair care products in the region. The Asia-Pacific region is showing rapid growth as a global leader.
China is the emerging market for hair care products after the United States. In the Asia-Pacific, China is capturing the maximum market share, and it will hold the position in the forecast period. The rising demand for hair care products in the Asia-Pacific to become one of the greatest markets for hair care products in the future years. The premium hair care products enhance with increased penetration in China’s regions. The growth of the middle class is propelling towards the consumption of consumer products. The growing internet penetration is driving the e-commerce companies and attracting more which is driving the sales of the market in the forecast period.
Hair Care Products Industry Developments
September 2021:
Shiseido Company Limited's Drunk Elephant brand increased the reach of its product lines by presenting them to offline and online extreme beauty retailers. The product line offers skincare products along with Cocomino Glossing Shampoo, Cocomino Marula Cream Conditioner, and Wild Marula Tangle Spray.
January 2021: Harry's Labs introduced a new line of women's scalp care products, the incubator for Harry's Inc., as part of a plan to help its parent business become a conglomerate.
Updated Version of Sample Report Included:
Detailed industry forecast
Brief Introduction to the research report.
Additional information on company participants
Customized reports and analyst assistance are available upon request.
Recent market developments and potential future growth opportunities
Personalized regional/country reports upon request
New data sources are being integrated.
Increased focus on data privacy and security
Increased collaboration and co-creation
Inquire more about this report before purchase
Browse The Related Report:@
The imitation jewelry market size is expected to reach around USD 22 billion by 2027. The growth rate for the market for the present years is recorded at a CAGR of 6.3%.
Spin mops market is expected to reach USD 720.7 million by 2027, with a CAGR rate of 6.5% during 2020–2027. Spin mops are a sort of wet cleaning mop utilized in wiping floors.
Quick Service Restaurants Market Size was valued at USD 452.9 billion in 2021. The quick service restaurants market industry is projected to grow from USD 469.4 billion in 2022 to USD 603.3 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 3.65% during the forecast period (2022 - 2030).
The Microbiome Cosmetic Products Market Size is projected to register a CAGR of 8.20% and reach a value of USD 64.7 Million by 2030.
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.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America
English
Arabic
Français
Español
Português
Deutsch
Dutch
Italiano
Russian
Romaian