The global hair care products market is anticipated to grow at a CAGR of 8.2% during the forecast period (2022-2028). The use of hair care products is also increasing by people due to the increasing adoption of organic hair care products due to several benefits provided by organic hair care products. The benefits include nourishment of hair, they are free from irritants & synthetic ingredients, safer for the skin, better results, environment & skin-friendly, and many others.
The sales of hair care products are also increasing due to increased spending on personal care products by people attributed to increasing purchasing power of people due to increasing adjusted net national income per capita across the globe. According to the World Bank Data statistics, the net national income per capita has consistently increased over the last decade. The recorded adjusted net national income per capita increased from $7,246.71 in 2009 to $9,434.42 in 2019. Thus, propelling the growth of the global hair care products market.
Some major players in the market include Shiseido Co. Ltd., Johnson & Johnson Pvt. Ltd., Unilever, Procter & Gamble, and Amway, among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, Henkel AG & Co. KGaA expanded its services in the hair care segment by acquiring a 51% stake in eSalon.com LLC. eSalon.com LLC is a personalized hair color solution provider.
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Competitive Landscape-
Shiseido Co. Ltd., Johnson & Johnson Pvt. Ltd., Unilever, Procter & Gamble, Amway, among others.
By Type
Hair Colorants
Shampoo
Conditioner
Hair Oil
Others
By Application
Men
Women
Kids
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Scope of the Report
The research study analyzes the Global Hair Care Products industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Global Hair Care Products Market Report
1. What was the Global Hair Care Products Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Global Hair Care Products Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Global Hair Care Products Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Global Hair Care Products market.
- The market share of the Global Hair Care Products market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Global Hair Care Products market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Hair Care Products market.
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