China (Hong Kong) Hair Supplements Market

06 2021

China (Hong Kong) Hair Supplements Market: Prospects, Trends Analysis, Market Size and Forecasts up to 2026

  • Published : June, 2021

  • Rep Id : CH0297

  • No. of Pages : 80

  • Country : China

  • Status : Published


The country research report on China (Hong Kong) hair supplements market is a customer intelligence and competitive study of the China (Hong Kong) market. Moreover, the report provides deep insights into demand forecasts, market trends, and, micro and macro indicators in the China (Hong Kong) market. Also, factors that are driving and restraining the hair supplements market are highlighted in the study. This is an in-depth business intelligence report based on qualitative and quantitative parameters of the market. Additionally, this report provides readers with market insights and detailed analysis of market segments to possible micro levels. The companies and dealers/distributors profiled in the report include manufacturers & suppliers of hair supplements market in China (Hong Kong).

 

Market Insight

China (Hong Kong) hair supplements market size is expected to reach more than USD 135 million in 2026, with a CAGR of about 5.4% during the forecast period. Consumers in China (Hong Kong) are struggling with premature baldness. The wish to stave off premature baldness drives additional consumption and increased sophistication when looking at hair supplements formulations. Furthermore, the number of high-end hair supplements consumers is increasing every year. In addition, female consumers are more willing to try hair supplement products. However, 25- to 29-year-olds are worrying about hair volume more than older customers, demonstrating the potential of hair volumizing among young consumers. Unhealthy lifestyle, stress or depression, and pollution are the top culprits for hair loss in China (Hong Kong) (Hong Kong) hair supplements market.

 

China (Hong Kong)’s beauty and personal care market quickly rebounded into positive territory post COVID-19 owing to China (Hong Kong)’s successful control of the pandemic. As compared to China (Hong Kong)'s skincare and color cosmetics, the hair care category bounced back the fastest in the aftermath of the novel coronavirus (COVID-19) epidemic. When the supply chain was disrupted and brick-and-mortar stores closed under lockdown, the leading groups in China (Hong Kong)'s beauty and personal care market established more resilience than companies of smaller size against the backdrop of COVID-19. The dynamic momentum of e-commerce is supported by various innovative marketing tactics and aggressive promotion, exemplified by live streaming. Moreover, as many beauty salons and skin clinics were closed, consumers bought beauty and skincare products. Furthermore, the demand for hair supplements was on the rise due to the increasing consumer preference towards dietary supplements. The ability of dietary supplements to boost immunity is majorly attracting consumers.

 

The market is majorly driven by the augmented consumer concerns about scalp health, mainly problems associated with hair thinning, hair loss, dandruff, and sensitive scalp. Furthermore, the country’s extreme climatic conditions are harsh on hair, and therefore, boosting the hair supplements market growth. Moreover, the introduction of new hair supplement products to target specific consumer groups (females suffering from hair loss problems), coupled with increasing per capita spending of the consumers in China (Hong Kong) on personal care products is gaining popularity, thus eventually resulting in the growth of the market. In addition, the increasing demand for organic or natural products and customized products for personal grooming has become one of the primary concerns for individuals. On the other hand, the availability of alternative treatments in the country is expected to restrain market growth. This may hamper the growth of the hair supplements market in China (Hong Kong)during the forecast period.

 

Segments Covered

The report on China (Hong Kong) hair supplements market provides a detailed analysis of segments in the market based on ingredients, distribution channel, and form.

 

Segmentation Based on Ingredients

·        Vitamin A

·        Biotin

·        Saw Palmetto Extract

·        Vitamin D

·        Folic Acid

·        Other Ingredients

 

Segmentation Based on Distribution Channel

·        Supermarket

·        Hypermarket

·        Online Channels

·        Pharmacy

 

Segmentation Based on Form

·        Capsules

·        Pills

·        Tablets

 

Highlights of the Report

The report provides detailed insights into:

 1) Demand and supply conditions of hair supplements market

 2) Factor affecting the hair supplements market in the short run and the long run

 3) The dynamics including drivers, restraints, opportunities, political, socioeconomic factors, and technological factors

 4) Key trends and future prospects

 5) Leading companies operating in the hair supplements market and their competitive position in China (Hong Kong)

 6) The dealers/distributors profiles provide basic information of top 10 dealers & distributors operating in (China (Hong Kong)) hair supplements market

 7) IGR Matrix: to position the product types

 8) Market estimates up to 2025

 The report answers questions such as:

 1) What is the market size of hair supplements market in China (Hong Kong)?

 2) What are the factors that affect the growth in the hair supplements market over the forecast period?

 3) What is the competitive position in China (Hong Kong) hair supplements market?

 4) What are the opportunities in China (Hong Kong) hair supplements market?

 5) What are the modes of entering China (Hong Kong) hair supplements market?


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