Global Hair Care Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

The Global Hair Care Market report Overview:

“The global Hair Care Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

The Global Hair Care Market report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027.

The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global hair care market report has been segmented on the basis of product type, distribution channel, and region.

Currently hair care and style playing a very important role in people’s lives, so knowledge of hair products, ingredients and hair procedures has become more popular in dermatologists. Good hair care is important as a morale booster and for maintaining a clean and attractive appearance.

Hair care products helps in cleaning hair such as removing dirt particles, dead cells and prevents matting. Brushing the hair stimulates circulation of the scalp.

Key driver of the global hair care market is people inclining toward beauty-enhancing products coupled with increasing cases of baldness. In addition, growing health awareness among the population, growing geriatric population, rising disposable income, increasing demand for improved personal care are the factors anticipated to propel growth of the global hair care market.

However, stringent rules and regulation for hair care products approval by regulatory authority such as FDA and adverse effect of some harmful chemicals may hinder growth of the global hair care market.

In the recent years, the global demand for hair care has significantly increased due to rising pollution levels across the world. Several manufacturers of hair care products have aligned their product development strategies according to the needs of customers such as herbal hair products.

Companies focus on increasing product penetration through online retailing, and creating awareness for hair care products through promotional activities such as increasing television commercials, value added packages in the hair care products range, and other offers has led to increased purchase of hair care products across the globe.

The market in North America is expected to dominate market of the global hair care market, due increasing number of product launches and increased consumer disposable income. The market in Asia Pacific is expected to be an emerging market for hair care, owing to increasing focus on personal grooming.

GLOBAL HAIR CARE MARKET SEGMENTATION:

Segmentation by product type:

• Shampoo
• Hair Colour
• Conditioner
• Hair Oil
• Hair Styling Products
• Hair spray
• Gels
• Lotion
• Other (including waxes, paste, mousses etc.)

Segmentation by distribution channel:

• Direct Selling
• Hypermarkets & Retail Chains
• E-Commerce

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa