Hair Care Market: Leading Regions and Market Trends

Geographical Segmentation and Growth Analysis

The hair care market is set to post an incremental growth of $ 16.43 bn, accelerating at a CAGR of over 3.73% during the forecast period. Our market investigates the key markets and the factors that are likely to boost growth along with challenges that need to be surpassed to promote success in the market. The report also provides an analysis of key segments and offers competitive benchmarking of the key market players and their product portfolios.


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Hair Care Market: APAC to lead market growth during the forecast period

  • 37% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Hair Care Market size.
  • One of the key drivers that is likely to drive market growth is the innovation and portfolio extension leading to product premiumization. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market.  These insights will equip clients with all the information they need to plan COVID-19 recovery and growth strategies.
  • The report segments the market by Product (Shampoo, Hair color, Conditioner, and Others), Distribution Channel (Offline and Online), and Geography (Europe, APAC, North America, South America, and MEA). A detailed analysis of each segment and its contribution to the market share is provided along with factors that are likely to boost the market growth.

Hair Care Market to Post Incremental Growth of $ 16.43 bn During 2021-2025 | Key Geographies that will Drive Growth

Hair Care Market: Key Competitors

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Amway Corp., Coty Inc., Henkel AG and Co. KGaA, Kao Corp., LOreal SA, Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Companies Inc., The Procter and Gamble Co., and Unilever Group are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

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The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of over 3.73%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 16.43 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Innovation and portfolio extension leading to product premiumization will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    Europe, APAC, North America, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    37% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Amway Corp., Coty Inc., Henkel AG and Co. KGaA, Kao Corp., LOreal SA, Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Companies Inc., The Procter and Gamble Co., and Unilever Group
     
  7. What are the market segments covered in this report?
    The market is segmented by Product (Shampoo, Hair color, Conditioner, and Others), Distribution Channel (Offline and Online), and Geography (Europe, APAC, North America, South America, and MEA).

Market Segmentation by Product

    • Hair Care Market Split by Product
      • Shampoo
      • Hair color
      • Conditioner
      • Others
    • Hair Care Market Split by Distribution Channel
      • Offline
      • Online
    • Hair Care Market Split by Geography
      • Europe
      • APAC
      • North America
      • South America
      • MEA

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Amway Corp.
  • Coty Inc.
  • Henkel AG and Co. KGaA
  • Kao Corp.
  • LOreal SA
  • Revlon Inc.
  • Shiseido Co. Ltd.
  • The Estee Lauder Companies Inc.
  • The Procter and Gamble Co.
  • Unilever Group

Hair Care Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2020-2024

Technavio has been monitoring the hair care market and it is expected to grow by $ 4.93 billion, accelerating at a CAGR of almost 1% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report

Hair Care Market: Key Trends to impact market growth

The influence through social media and blogging is one of the key hair care market market trends. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.

Hair Care Market: Top Drivers to Boost Demand

The portfolio extension to product premiumization is one of the primary factors driving the growth of the hair care market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business

Hair Care Market to Post Incremental Growth of $ 16.43 bn During 2021-2025 | Key Geographies that will Drive Growth

Vendor Analysis: Amway Corp ., Coty Inc. and Henkel AG & Co. KGaA are key growth contributors

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Amway Corp ., Coty Inc., Henkel AG & Co. KGaA, Kao Corp., Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Companies Inc., The Procter & Gamble Co., and Unilever Group are some of the major market participants.

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Hair Care Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive hair care market growth during the next five years
  • Precise estimation of the hair care market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the hair care market industry across Europe, APAC, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of hair care market vendors

Technavio has been monitoring the global hair care market, which is expected to grow by USD 4.93 billion accelerating at a CAGR of over 1% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Download latest version with COVID-19 analysis Free Sample Report

Hair Care Market to Post Incremental Growth of $ 16.43 bn During 2021-2025 | Key Geographies that will Drive Growth

Hair Care Market: Segmentation by Product

During 2019, the shampoo segment accounted for the major share of the Hair Care Market. Vendors in the shampoos segment are adopting effective marketing strategies to drive sales. Furthermore, they are capitalizing on the growing consumer inclination for natural and organic products to formulate shampoos with organic ingredients. Owing to these factors the global shampoo market is expected to grow at a steady year-over-year rate during the forecast period. This market has attained maturity in developed countries such as the US, Japan, the UK, and Germany. However, Brazil, China, and India are the major three target markets for shampoo marketers. 

Consumers are always on the look out for more efficient and novel products that suit their requirements and lifestyle. This is encouraging hair care vendors to launch advanced products that offer benefits such as scalp care, moisturizing benefits, and UV ray protection. Customers are willing to pay premium and luxury hair care products. The continuously changing and dynamic fashion trends and the rise in awareness of the availability of new, more effective, and safer hair care products has led to a significant increase in the use of these products. Furthermore, consumers rely on hair care products not only to protect their hair and scalp but also to improve their physical appearance with the use of hair color formulations.

Hair Care Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Amway Corp ., Coty Inc. and Henkel AG & Co. KGaA are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio offers custom research reports with detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report 

 

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