The global Hair Care market was valued at US$ 4870 million in 2020 and is expected to reach US$ 7655.5 million by the end of 2027, growing at a CAGR of 6.6% during 2021-2027.
Hair care is an overall term for hygiene and cosmetology involving the hair which grows from the human scalp, and to a lesser extent facial, pubic and other body hair. Hair care routines differ according to an individual’s culture and the physical characteristics of one’s hair. Hair may be colored, trimmed, shaved, plucked, or otherwise removed with treatments such as waxing, sugaring, and threading. Hair care services are offered in salons, barbershops, and day spas, and products are available commercially for home use. Laser hair removal and electrolysis are also available, though these are provided (in the US) by licensed professionals in medical offices or speciality spas.
The increasing demand for natural haircare products in the market is one of the primary factors propelling the growth prospects for this market. The majority of consumers are increasingly looking for products that contain natural ingredients as they are influenced by the natural look sported by celebrities such as Lupita Nyongo, Chimamanda Adichie, and Lira. Moreover, the increasing preference for natural productscomes amid growing health concerns related to the use of chemical products, which have been linked to hair breakage, hair loss, and other conditions. This has led many specialty chains and beauty product manufacturers to enhance their product portfolio for natural hair products, which will boost the sales of haircare products in Africa in the future.
Global Hair Care Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Hair Care Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Amka Products, P&G, L’Oréal, Unilever, Avon, Estée Lauder, Johnson & Johnson, Shiseido, Toni&Guy and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-hair-care-market-outlook
Segment by Type
- Hair Color
- Hair Styling Products
Segment by Application
- Hypermarkets and Supermarkets
- Drugstores and Pharmacies
- Specialty Stores
- Department Stores
Table of Content:
1 Hair Care Market Overview
2 Hair Care Market Competition by Manufacturers
3 Hair Care Retrospective Market Scenario by Region
4 Global Hair Care Historic Market Analysis by Type
5 Global Hair Care Historic Market Analysis by Application
6 Key Companies Profiled
7 Hair Care Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Hair Care Market Dynamics
10 Global Hair Care Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.