NEW YORK, Aug. 18, 2023 /PRNewswire/ — The hair care market size is expected to grow by USD 19,677.67 million during 2022-2027, progressing at a CAGR of 4.18% as per the latest Technavio market research report. APAC is going to have lucrative growth during the forecast period. About 34% of the market’s overall growth is expected to originate from APAC. China and Japan are the key markets for hair care in APAC. Market growth in this region will be faster than the growth of the market in the European and North American regions. The rising disposable income and household final consumption expenditure per capita among consumers will facilitate the hair care market growth in APAC over the forecast period. For more insights on the market share of various regions- Download a sample report in MINUTES
Hair Care Market: Influence through social media and blogging to drive growth
The influence of social media and blogging is a major driver for hair care market growth. Online retail decision-making is highly influenced by endorsement and promotion through social media platforms, where online retailers connect and obtain feedback from customers. They act as decisive tools for creating new products, tracking brand and product reviews, and launching marketing campaigns. Hence, such factors drive the hair care market during the forecast period.
Hair Care Market: Growing Adoption Of Home Salon Services
The growing adoption of home salon services is a hair and scalp care market is an emerging hair care market trend. Personalized home salon service is an emerging trend in various regions. The number of app-based salon service providers that offer at-home grooming services has grown significantly in the past decade. Furthermore, mobile apps enable consumers to order salon services and meet makeup artists at the given address. Hence, such trends fuel the market growth during the forecast period.
To know about more drivers, trends along with challenges – Download a sample now!
Some of the key Hair Care Market Players:
The hair care market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Amway Corp., CavinKare Pvt. Ltd., Chatters GP Inc., Edgewell Personal Care Co., Emami Ltd., Godrej Consumer Products Ltd., Henkel AG and Co. KGaA, John Paul Mitchell Systems, Johnson and Johnson Services Inc., Kao Corp., LOreal SA, NATULIQUE Ltd., Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Companies Inc., The Procter and Gamble Co., Unilever PLC, Wella International Operations Switzerland Sarl, Truefitt and Hill, and Hanz de FUKo
To get detailed insights about inclusions and exclusions, buy the report
Hair Care Market: Segmentation Analysis
This market research report segments the hair care market by Product (Hair color, Shampoo, Conditioner, and Others), Distribution Channel (Offline and Online), and Geography (Europe, APAC, North America, South America, and Middle East and Africa).
The hair care market share growth in the hair color segment will be significant for revenue generation.This market has attained maturity in developed countries such as the US, Japan, the UK, and Germany. However, Brazil, China, and India are the three major target markets for shampoo marketersThe hair color market is growing, due to the rising number of salons and spas globally. The rising cases of premature greying of hair are responsible for the growth of the hair color segment during the forecast period. Gain instant access to 17,000+ market research reports
Technavio’s SUBSCRIPTION platform
Related Reports:
The hair loss treatment products market is estimated to grow at a CAGR of 4.6% between 2022 and 2027. The size of the market is forecast to increase by USD 2,216.5 million. This report extensively covers market segmentation by product type (vitamins and supplements, shampoos and conditioners, and others), gender (men, women, and children), and geography (APAC, North America, Europe, South America, and Middle East and Africa). The rising hair-related issues among consumers are notably driving the market growth.
The Laser Hair Loss Treatment Market size is projected to increase by USD 76.77 million and the market size is estimated to grow at a CAGR of 5.2% between 2022 and 2027. Our report examines historic data from 2017 to 2021, besides analyzing the current market scenario. The increased prevalence of hair loss is driving the growth of the market.
Hair Care Market Scope
Report Coverage
Details
Base year
2022
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 4.18%
Market growth 2023-2027
USD 19,677.67 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
3.37
Regional analysis
Europe, APAC, North America, South America, and Middle East and Africa
Performing market contribution
APAC at 34%
Key countries
US, China, Japan, Germany, and UK
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
Amway Corp., CavinKare Pvt. Ltd., Chatters GP Inc., Edgewell Personal Care Co., Emami Ltd., Godrej Consumer Products Ltd., Henkel AG and Co. KGaA, John Paul Mitchell Systems, Johnson and Johnson Services Inc., Kao Corp., LOreal SA, NATULIQUE Ltd., Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Companies Inc., The Procter and Gamble Co., Unilever PLC, Wella International Operations Switzerland Sarl, Truefitt and Hill, and Hanz de FUKo
Market dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents
1 Executive Summary2 Market Landscape3 Market Sizing4 Historic Market Size5 Five Forces Analysis6 Market Segmentation by Product7 Market Segmentation by Distribution Channel8 Customer Landscape9 Geographic Landscape10 Drivers, Challenges, and Trends11 Company Landscape12 Company Analysis13 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@technavio.comWebsite: www.technavio.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/hair-care-market-to-grow-by-usd-19-6777-billion-from-2022-to-2027-34-of-growth-will-originate-from-apac—technavio-301903952.html
SOURCE Technavio
NEW YORK, Aug. 18, 2023 /PRNewswire/ — The hair care market size is expected to grow by USD 19,677.67 million during 2022-2027, progressing at a CAGR of 4.18% as per the latest Technavio market research report. APAC is going to have lucrative growth during the forecast period. About 34% of the market’s overall growth is expected to originate from APAC. China and Japan are the key markets for hair care in APAC. Market growth in this region will be faster than the growth of the market in the European and North American regions. The rising disposable income and household final consumption expenditure per capita among consumers will facilitate the hair care market growth in APAC over the forecast period. For more insights on the market share of various regions- Download a sample report in MINUTES
Hair Care Market: Influence through social media and blogging to drive growth
The influence of social media and blogging is a major driver for hair care market growth. Online retail decision-making is highly influenced by endorsement and promotion through social media platforms, where online retailers connect and obtain feedback from customers. They act as decisive tools for creating new products, tracking brand and product reviews, and launching marketing campaigns. Hence, such factors drive the hair care market during the forecast period.
Hair Care Market: Growing Adoption Of Home Salon Services
The growing adoption of home salon services is a hair and scalp care market is an emerging hair care market trend. Personalized home salon service is an emerging trend in various regions. The number of app-based salon service providers that offer at-home grooming services has grown significantly in the past decade. Furthermore, mobile apps enable consumers to order salon services and meet makeup artists at the given address. Hence, such trends fuel the market growth during the forecast period.
To know about more drivers, trends along with challenges – Download a sample now!
Some of the key Hair Care Market Players:
The hair care market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Amway Corp., CavinKare Pvt. Ltd., Chatters GP Inc., Edgewell Personal Care Co., Emami Ltd., Godrej Consumer Products Ltd., Henkel AG and Co. KGaA, John Paul Mitchell Systems, Johnson and Johnson Services Inc., Kao Corp., LOreal SA, NATULIQUE Ltd., Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Companies Inc., The Procter and Gamble Co., Unilever PLC, Wella International Operations Switzerland Sarl, Truefitt and Hill, and Hanz de FUKo
To get detailed insights about inclusions and exclusions, buy the report
Hair Care Market: Segmentation Analysis
This market research report segments the hair care market by Product (Hair color, Shampoo, Conditioner, and Others), Distribution Channel (Offline and Online), and Geography (Europe, APAC, North America, South America, and Middle East and Africa).
The hair care market share growth in the hair color segment will be significant for revenue generation.This market has attained maturity in developed countries such as the US, Japan, the UK, and Germany. However, Brazil, China, and India are the three major target markets for shampoo marketersThe hair color market is growing, due to the rising number of salons and spas globally. The rising cases of premature greying of hair are responsible for the growth of the hair color segment during the forecast period.
Gain instant access to 17,000+ market research reports
Technavio’s SUBSCRIPTION platform
Related Reports:
The hair loss treatment products market is estimated to grow at a CAGR of 4.6% between 2022 and 2027. The size of the market is forecast to increase by USD 2,216.5 million. This report extensively covers market segmentation by product type (vitamins and supplements, shampoos and conditioners, and others), gender (men, women, and children), and geography (APAC, North America, Europe, South America, and Middle East and Africa). The rising hair-related issues among consumers are notably driving the market growth.
The Laser Hair Loss Treatment Market size is projected to increase by USD 76.77 million and the market size is estimated to grow at a CAGR of 5.2% between 2022 and 2027. Our report examines historic data from 2017 to 2021, besides analyzing the current market scenario. The increased prevalence of hair loss is driving the growth of the market.
Hair Care Market Scope
Report Coverage
Details
Base year
2022
Historic period
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 4.18%
Market growth 2023-2027
USD 19,677.67 million
Market structure
Fragmented
YoY growth 2022-2023 (%)
3.37
Regional analysis
Europe, APAC, North America, South America, and Middle East and Africa
Performing market contribution
APAC at 34%
Key countries
US, China, Japan, Germany, and UK
Competitive landscape
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
Amway Corp., CavinKare Pvt. Ltd., Chatters GP Inc., Edgewell Personal Care Co., Emami Ltd., Godrej Consumer Products Ltd., Henkel AG and Co. KGaA, John Paul Mitchell Systems, Johnson and Johnson Services Inc., Kao Corp., LOreal SA, NATULIQUE Ltd., Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Companies Inc., The Procter and Gamble Co., Unilever PLC, Wella International Operations Switzerland Sarl, Truefitt and Hill, and Hanz de FUKo
Market dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
13 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/hair-care-market-to-grow-by-usd-19-6777-billion-from-2022-to-2027-34-of-growth-will-originate-from-apac—technavio-301903952.html
SOURCE Technavio
