The Asia-Pacific hair care market is anticipated to grow significantly at a CAGR of 6.8% over the forecast period (2021-2027). China, India, Japan, ASEAN, South Korea, and the Rest of Asia-Pacific are the key economies contributing to the growth of the Asia-Pacific hair care market over the forecast period. The key aspect that drives the Asia-Pacific hair care market growth is the rising incidences and prevalence of hair loss problem in the region. According to the China Association of Health Promotion and Education (CAHEP), baldness is becoming more common in China. For instance, in 2020, as per the survey report of CAHEP, approximately 250 million people are suffering from hair loss in the country.
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In addition, men aged between 20 to 40 years are major group with the problem. According to the National Health Organization, around 73% of the total population in Asia-Pacific has reported the issue of hair loss and some diagnosed with Androgenetic alopecia (AGA) which is a pattern loss. The major factors attributed in the increasing hair loss issues include societal changes, several neurological factors like stress, insomnia, and irregular life patterns, among others.
Further, a significant emergence in hair treatments in countries such as India will propel the market growth in the region. Even the COVID-19 pandemic has not damped the demand for the latest hair regrowth treatment solutions in the region. Furthermore, various countries in the Asia-Pacific are inclined towards developing technological advanced hair re-growth devices catering to reduce hair loss issue in the region. For instance, in June 2019, Venus treatment launched ARTAS, a robotic hair restoration device. The device is technologically advanced which used artificial technology (AI) to deliver precise and natural looking results without leaving a linear scar on the scalp. This hair transplant system starts by using 3D technology to assist, plan, and customize personalized hair design.
Additionally, various nature-based therapies have been developed to deal with hair loss, such as Stem Cell Therapy which offers benefits such as reduction of scalp inflammations, non-invasive, increase in hair density, and long-lasting results. Furthermore, India, China, and Japan markets are also likely to witness substantial growth in the near future.
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Market Coverage
- Market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
Segment Covered
- By Product Type
- By Distribution Channel
Region Covered-
- Asia-Pacific
- Competitive Landscape- L’oreal S.A., The Procter & Gamble, Inc., Unilever Group, Johnson & Johnson Services, Inc., Revlon, Inc. Oriflame Holding AG, Shieseido Co. Ltd, and Amway Corp.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
Ø Deviation from the pre-COVID-19 forecast
Ø Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Asia-Pacific Hair Care Market – Segmentation
By Product Type
- Shampoo
- Conditioner
- Hair Oil
- Hair Colorants
- Hair Styling Products
- Others (Waxes, Paste, Mousses, Hair Treatment Products)
By Distribution Channel
- Offline
- Supermarket/Hypermarket
- Convenience Stores
- Specialty Stores
- Pharmacies/ Drug Stores
- Online
Asia-Pacific Hair Care Market – Countries Covered
Asia-Pacific
- India
- China
- Japan
- South Korea
Rest of APAC
Company Profiles
- Amway Corp.
- Avon Products, Inc.
- Ci:z Holdings Co., Ltd. (Johnson & Johnson Service, Inc.)
- Conair Corp.
- Fiole Cosmetics Co., Ltd.
- Johnson & Johnson Services, Inc.
- KaO Corp.
- Kindai Kagaku Co., Ltd
- KOSE Corp.
- L’oreal S.A.
- Mandom Corp.
- Marico, Ltd.
- MoltoBene Ltd.
- Neutrogena Corp.
- Nippon Menard Cosmetics Co., Ltd.
- Noevir Holdings Co., Ltd.
- Oriflame Holding AG
- Pias Corp.
- POLA Orbis Holdings Co., Ltd.
- Procter & Gamble Co.
- Revlon, Inc.
- Shiseido Co., Ltd.
- Unilever plc
- Vogue International LLC
- Wella Operations US LLC
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