Dublin, July 03, 2023 (GLOBE NEWSWIRE) -- The "Hair Preparations Global Market Opportunities And Strategies To 2032" report has been added to ResearchAndMarkets.com's offering.
According to the report, the hair preparations market recorded a value of nearly $126,937.4 million in 2022, representing a remarkable compound annual growth rate (CAGR) of 5.7% since 2017. The market is projected to reach $189,290.0 million in 2027, growing at a rate of 8.3%, and is anticipated to continue expanding at a CAGR of 8.8% thereafter, eventually reaching $289,121.2 million by 2032.
The hair preparations market is characterized by a fragmented landscape with numerous players, with the top ten competitors accounting for 21.52% of the total market in 2021. Key players include industry leaders such as L'Oreal S.A, The Procter & Gamble Company, Unilever Plc, Natura & Co, Henkel AG & Co KGaA, Johnson & Johnson, The Estee Lauder Companies Inc, Revlon Inc, BASF SE, and Kao Corporation.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available, covering 12 geographies.
- Understand the impact of the COVID-19 pandemic on the market and its future growth prospects.
- Develop regional and country-specific strategies based on local data and analysis.
- Identify lucrative growth segments for investment opportunities.
- Outperform competitors with forecast data and insights into market drivers and trends.
- Understand customer preferences through the latest market research findings.
- Benchmark performance against key competitors.
- Leverage key data sets for superior strategizing.
- Utilize reliable high-quality data and analysis to support internal and external presentations.
The historic period's growth was fueled by extensive marketing campaigns for hair care products, government initiatives promoting hair health, increased disposable income, and rising hair-related concerns. However, the hair preparations market faced challenges due to the COVID-19 pandemic and associated health hazards.
Looking ahead, the market's growth will be driven by factors such as the increasing demand for spa and salon services, rising beauty concerns, and a growing aging population. Nevertheless, potential obstacles include the high prices of hair spa services and geopolitical tensions such as the Russian-Ukrainian war.
The hair preparations market is segmented by type, distribution channel, gender, and based on type. Shampoo emerged as the largest segment, accounting for 35.4% of the market share in 2022, while the conditioner segment is expected to witness the highest growth rate, with a CAGR of 8.8% from 2022 to 2027.
In terms of distribution channels, hypermarkets/supermarkets dominated the market with a 45.4% share in 2022, while online stores are projected to experience the highest growth rate during the period 2022-2027, at a CAGR of 8.8%.
By gender, the female segment held the largest market share, accounting for 63.0% in 2022, while the male segment is expected to be the fastest-growing, with a CAGR of 8.8% during 2022-2027.
Furthermore, the market is segmented based on type into organic and chemical, with the chemical segment occupying a 90.0% share in 2022
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 307 |
| Forecast Period | 2022 - 2032 |
| Estimated Market Value (USD) in 2022 | $126937.4 Million |
| Forecasted Market Value (USD) by 2032 | $289121.2 Million |
| Compound Annual Growth Rate | 8.6% |
| Regions Covered | Global |
Key Topics Covered:
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction and Market Characteristics
6.1. General Market Definition
6.2. Summary
6.3. Hair Preparations Market Definition And Segmentation
6.4. Market Segmentation By Type
6.4.1. Hair Spray
6.4.2. Conditioner
6.4.3. Shampoo
6.4.4. Hair Oil
6.4.5. Hair Color
6.4.6. Other Types
6.5. Market Segmentation By Distribution Channel
6.5.1. Hypermarkets/Supermarkets
6.5.2. Specialty Stores
6.5.3. Online Stores
6.5.4. Convenience Stores
6.5.5. Other Distribution Channels
6.6. Market Segmentation By Gender
6.6.1. Male
6.6.2. Female
6.6.3. Unisex
6.7. Market Segmentation By Based On Type
6.7.1. Organic
6.7.2. Chemical
7. Major Market Trends
7.1. Vegan Products
7.2. Strategic Partnerships And Collaborations
7.3. Silicone And Sulphate-Free Products
7.4. Sustainable Packaging
8. Global Market Size and Growth
8.1. Market Size
8.2. Historic Market Growth, 2017 - 2022, Value ($ Million)
8.2.1. Market Drivers 2017 - 2022
8.2.2. Market Restraints 2017 - 2022
8.3. Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
8.3.1. Market Drivers 2022 - 2027
8.3.2. Market Restraints 2022 - 2027
9. Global Hair Preparations Market Segmentation
9.1. Global Hair Preparations Market, Segmentation By Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
9.2. Global Hair Preparations Market, Segmentation By Distribution Channel, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
9.3. Global Hair Preparations Market, Segmentation By Gender, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
9.4. Global Hair Preparations Market, Segmentation By Based On Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
10. Hair Preparations Market, Regional and Country Analysis
10.1. Global Hair Preparations Market, By Region, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
10.2. Global Hair Preparations Market, By Country, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
For more information about this report visit https://www.researchandmarkets.com/r/xd7mqv
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