18 May

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Hair Care Market Poised to Grow at a CAGR of 3.68% by 2024

  • By admin

  • January, 1970

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 dehydrated hair.

 


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.

 

 

Get 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

https://www.infiniumglobalresearch.com/reports/request-discount/1810

 

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

·         Shampoos

·         Styling Gels

·         Hair Spray

·         Hair Oil

·         Conditioners

·         Colorants

 

Global Hair Care Market by Distribution Channel

·         Pharmacies

·         E-commerce

·         Specialty Stores

·         Direct Selling

·         Salons

·         Hypermarkets & Retail Chains

 

Companies Profiled in the Report

·         Johnson & Johns

·         Amway

·         Procter & Gamble Co.

·         Unilever

·         L'Oreal Group

·         Avon Products Inc.

·         Revlon Inc.

·         NaturaCosmeticos SA

·         Kao Corporation

·         Church & Dwight Co Inc.

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.