The Professional Hair Care Market is driven by rising demand for premium hair care products
The Professional Hair Care Market is composed of hair care products that are used by hairdressers and barbershops for their clients. This includes shampoos, conditioners, hair serums, hair sprays, and hair masks. Professional hair care products offer advantages like superior moisturizing, damage control, frizz control and smoothening compared to regular retail products. They are specially formulated to repair damaged hair and enhance hair quality after coloring, relaxing or other chemical services. The rising demand for premium hair products among consumers is a major factor driving the growth of the professional hair care segment. Increasing awareness about hair care, changing fashion trends, and the normalizing of male grooming has boosted the market further.
The Global Professional Hair Care Market is estimated to be valued at US$ 25.96 Bn in 2024 and is expected to exhibit a CAGR of 23% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the Professional Hair Care are Meta Inc., HTC Corporation, Unity Technologies, Microsoft Corporation, Samsung Electronics Co., Ltd., Magic Leap, Sony Corporation, Vuzix Corporation, Apple Inc, Niantic Inc., Northern Digital Inc., Snap Inc., SoftServe, and Accenture.
The Professional Hair Care Market Growth is witnessing growing demand propelled by changing consumer preferences towards high quality, natural and paraben/sulfate-free products. Rising health-consciousness among consumers has further spurred the demand for professional hair care products that help maintain healthy hair and scalp.
The market players are expanding their distribution globally by professional hair care market Companies tapping new geographic regions to meet the growing demand from consumers worldwide. Various strategic partnerships and collaborations have helped major brands strengthen their supply networks and geographical presence across international markets.
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