Hair Care Market Poised to Grow at a CAGR of 3.68% by 2024
Infinium Global Research has added
a new report on Hair
Care Market. The report presents analysis of global as well as regional
markets of hair care market over the period of 2016 to 2024. Hair
care routines vary according to the physical characteristics of one's hair and
an individual's culture. Hair care products include shampoos, oils, coloring,
conditioners, gels and sheens. These Hair care products helps in protecting and
nourishing the hair and reduce hair damage and also helps to control properties
and behavior of the hair so that it can be retained and styled in a desired
manner. These products also keep hair healthy by improving the texture and
quality of the hair. Hair care products are made of natural or synthetic
materials combined with other additional substances such as surfactants,
emulsifiers, and preservatives. As per the types of hair and its requirement,
different kinds of hair care products are available in market and are used by
hair care professionals in salons and by individuals at homes. These hair
care products are used to remove environmental pollution, dandruff, dry skin
particles, oils, and dirt. Modern hair care products deliver multiple
treatments for damage such as dull hair, split ends, weak hair, rough hair and
Factors such as growing hair and scalp problems, growing demand
for hair color products due to the increase in aged population, growing air
pollution, and increasing hair-related problems attached with technological
innovation in product manufacturing are some factors that are driving the
growth of hair care market. Furthermore, advertising campaigns of hair care
products, growing number of fashion conscious consumers, and high perception of
salon services across the world are also boosting the market growth. Besides,
changing grooming pattern, increasing expenditure on beauty and personal care
products among male and female consumers are also increasing the market growth.
Moverover, rising popularity of herbal hair care products, is also fuelling the
growth of this market.
Additionally, growing consumer’s consciousness regarding hair
care, attractive packaging, and shifting consumers preference are fueling the
demand for this market. Several trends observed in the hair care market are
rising popularity of hair care treatments such as hair spa, growing number of
new product launches, and growing focus on personal grooming are some of the
latest trends for global hair care market. However, high cost of hair care
products are some of the restraining factors effecting the growth for global
hair care market.
Among the geographic, U.S is anticipated to be the largest market
for hair care in North America region followed by Asia Pacific and Europe. In
U.S factors such as growing annual expenditure on hair care products such as
shampoo, oil and conditioner, increasing fashion consciousness consumers and
shifting towards styling products, and attractive packaging is estimated to
boost the market growth in this country. Moreover, Europe region is driven by
factors such as large multinational companies focusing on providing superior
quality hair care products, and growing hair related problems among consumers.
In addition to this, factors responsible for the growth of this market in Asia
Pacific region is due to improvement in living standards, increasing hygiene
consciousness, presence of huge population base and increase in variation for
hair care products. Moreover, the growth matrix presented by Infinium Global Research
identifies the key investment markets in the near future, this will not only
help the companies to understand the competitive position in the global hair
care market but also make strategic decisions to capture the most lucrative
markets in the near future. The market size is presented in terms of value for
the historic year 2016 and estimated for forecast period of 2018-2024.
15% discount for early purchase of global hair care market report by clicking
the following link, Use code IGRD15 to request the discount in the given form
The recent report identified that
North America dominated the global hair care market over the last couple of
years, while emerging markets of Asia-Pacific and Latin America are anticipated
to contribute significantly to the growth in the hair care market worldwide.
The report segments the global
hair care market on the basis of Product and Distribution Channel.
Global Hair Care Market by Product
Global Hair Care Market by
Hypermarkets & Retail Chains
Companies Profiled in the Report
Johnson & Johns
Procter & Gamble Co.
Avon Products Inc.
Church & Dwight Co Inc.
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