Redding, California, Jan. 23, 2023 (GLOBE NEWSWIRE) -- According to a new market research report titled, ‘Hair Care Market by Product [Shampoo, Conditioner, Oil, Color, Serum, Styling Products (Wax, Spray, Gel)], Type [Organic, Synthetic], Distribution Channel [Supermarket, Pharmacies, Salon, Online], End User [Male, Female, Kids] - Global Forecast to 2030,’ published by Meticulous Research®, the hair care market is projected to reach $ 121.08 billion by 2030, at a CAGR of 4.1% from 2023 to 2030.
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Hair care products are designed for maintaining hair in the desired and controlled manner. These include hair sprays, oils & serums, conditioners, shampoos, and tonics. Hair care products help customers reduce dandruff, treat itchy and dry scalp, strengthen hair, and reduce hair loss or hair fall to stimulate hair growth and give new life to dull hair. The growth of the hair care market is driven by the growing demand for organic hair care products, increasing spending on beauty and personal products, rising hair-related problems, and growing demand for cosmetology services for hair care. In addition, the growing penetration of e-commerce and increasing focus on hair styling in
The hair care market is segmented by Product (Shampoos, Conditioners, Hair Oils, Hair Colors, Hair Serums, Hair Styling Products [Hair Wax, Hair Sprays, Hair Styling Gels, Other Hair Styling products] and Other Hair Products), Type (Organic, Synthetic), Distribution Channel (Supermarkets & Hypermarkets, Pharmacies, Beauty Salons, Online Stores), End-User (Males, Females, Kids); and Geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa).
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Based on product type, the hair care market is segmented into shampoos, conditioners, hair oils, hair colors, hair serums, and hair styling products. In 2023, the shampoos segment is expected to account for the largest share of the hair care market. The large market share of this segment is attributed to the high prevalence of hair-related problems such as hair loss, heat-damaged hair, dandruff, and oil/greasy hair. Furthermore, shampoos help reduce hair loss, boost hair regrowth, increase volume & thickness, and control other common hair problems.
Based on type, the hair care market is segmented into organic & synthetic. The organic segment is projected to register the highest CAGR over the forecast period. The growth of this segment is attributed to the rising demand for organic hair care products and high spending on organic products. Organic hair care products are free from harsh chemicals and are safer for the scalp & hair.
Based on distribution channel, the hair care market is segmented into supermarkets & hypermarkets, pharmacies, beauty salons, online stores, and other distribution channels. In 2023, the supermarkets & hypermarkets segment is expected to account for the largest share of the hair care market. The large market share of this segment is attributed to the availability of a variety of products at lower prices under one roof.
Based on end user, the hair care market is segmented into females, males, and kids. In 2023, the females segment is expected to account for the largest share of the hair care market. The large market share of this segment is attributed to the availability of hair care products specifically designed for women, increasing hair styling trends, and the high focus of women on hair care compared to other demographic groups.
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Based on geography, the hair care market is segmented into North America, Europe, Asia-pacific, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the hair care market. The large share of this market is attributed to the strong penetration of hair products, large user base, and high spending on hair care.
Some of the key companies operating in the hair care market are L’Oréal S.A. (France), The Procter & Gamble Company (U.S.), Kao Corporation (Japan), Unilever PLC (U.K.), Shiseido Company, Limited (Japan), Johnson & Johnson Services, Inc. (New Jersey), Avon Products, Inc. (U.K.), Revlon Consumer Products Corporation (U.S.), Beiersdorf AG (Germany), Henkel AG & Co. KGaA (Germany), Natura &Co Holding S.A. (Brazil), Aveda Corporation (U.S.), and Oriflame Cosmetics S.A. (Switzerland).
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Scope of the Report:
Hair Care Market, by Product
- Shampoos
- Conditioners
- Hair Oils
- Hair Colors
- Hair Serums
- Hair Styling Products
- Hair Wax
- Hair Sprays
- Hair Styling Gels
- Other Hair Styling Products
- Other Hair Products
(Note: Other hair styling products include creams, clays, and mousse)
(Note: Other hair products include masks, volumizers, and lotion & tonics)
Hair Care Market, by Type
- Organic
- Synthetic
Hair Care Market, by Distribution Channel
- Supermarkets & Hypermarkets
- Pharmacies
- Beauty Salons
- Online Stores
- Other distribution channels
(Note: Other distribution channels include departmental stores, mono-brand stores, and mass merchandisers)
Hair Care Market, by End User
- Females
- Males
- Kids
Hair Care Market, by Geography
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
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