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The hair care market size is valued to increase USD 18.28 billion, at a CAGR of 3.7% from 2024 to 2029. Influence through social media and blogging will drive the hair care market.
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The hair care industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
The hair color segment is estimated to witness significant growth during the forecast period.
The market is a dynamic and evolving industry, with a focus on addressing various hair concerns through innovative solutions. One significant area of growth is lipid replenishment, which strengthens hair fibers by restoring essential lipids and protecting against damage. Keratin protein structure plays a crucial role in this, as protein hydrolysates are used to enhance conditioner efficacy and improve hair shaft cross-section. Anti-dandruff actives continue to be in demand, addressing scalp inflammation and maintaining a healthy pH balance. Scalp health assessment is gaining importance, with the use of hair texture analysis and sebum production regulation to optimize scalp microcirculation and promote hair follicle stimulation.
The Hair color segment was valued at USD 36.21 billion in 2019 and showed a gradual increase during the forecast period.
Amino acid composition and hair growth stimulants are also key ingredients in modern hair care, contributing to hair shaft elasticity and diameter. Hair porosity levels are another factor influencing market trends, with conditioner ingredient types tailored to specific needs. According to recent studies, the market is projected to reach a value of USD 87.67 billion by 2025. This growth is driven by the increasing awareness of hair health and the availability of advanced hair care solutions. Anti-hair loss treatments, scalp hydration levels, and hair breakage resistance are other areas of focus, reflecting the industry's commitment to meeting diverse consumer needs.
Europe is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The European market is a significant and evolving sector, with the UK, France, and Germany being its major contributors. Notable companies in this region include L'Oreal, Unilever Group, Henkel AG Co. KGaA (Henkel), and New Avon Co. (Avon). The market's expansion is driven by intense competition among these players, leading to the expansion of distribution networks and the adoption of multichannel marketing strategies. European consumers' focus on maintaining a quality lifestyle creates a favorable environment for hair care product growth.
According to a study, the European market is projected to experience substantial expansion during the forecast period. This growth can be attributed to the increasing popularity of natural and organic hair care products and the rise in disposable income, enabling consumers to invest in premium offerings.
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The market is a dynamic and innovative industry, continually advancing to address the diverse needs of consumers worldwide. This market encompasses a range of products and services, from shampoos and conditioners to treatments, styling agents, and colorants. One significant area of focus in hair care is the impact of various factors on hair health and appearance. For instance, keratin treatments have gained popularity due to their effect on reducing hair breakage and improving elasticity and shine. However, the role of scalp health in overall hair well-being is equally important. Measuring scalp pH levels and assessing scalp microcirculation are essential steps in maintaining a healthy scalp, which in turn supports optimal hair growth.
UV exposure is another critical factor influencing hair health, particularly in relation to hair color stability. The correlation between amino acids and hair protein structure further highlights the importance of understanding the chemical processes involved in hair care. When it comes to product selection, evaluating the effectiveness of various scalp cleansing agents and methods for improving hair shaft elasticity and strength is crucial. Determining the optimal pH level for hair care products is also essential, as this can significantly impact their performance and user experience. In the realm of hair styling, comparing the formulations and mechanisms of action of different product types, such as gels, sprays, and mousses, is vital for both consumers and industry professionals.
Analyzing the impact of heat styling tools on hair and investigating the effects of hair loss prevention strategies are additional areas of interest. Moreover, the market is witnessing a surge in innovation, with over 60% of new product developments focusing on sustainability and natural ingredients. This shift is driven by growing consumer awareness and demand for eco-friendly and ethically sourced products. In conclusion, the market is a dynamic and diverse industry that caters to the ever-evolving needs of consumers worldwide. By addressing the latest trends and scientific advancements in hair care, businesses can differentiate themselves and stay competitive in this dynamic market.
For instance, a study found that scalp microcirculation improves by an average of 25% with regular use of a specific scalp treatment, underscoring the importance of addressing scalp health for optimal hair growth.
In the dynamic Hair Care Market, scientific research plays a vital role in shaping innovative products and personalized treatment strategies. One key area of focus is the effect of keratin treatment on hair breakage, as these treatments aim to strengthen hair by infusing keratin proteins into the shaft. While often marketed for smoothing and straightening benefits, understanding their long-term impact on hair integrity is essential for safe application and effective results. Another critical parameter in scalp and hair wellness is measuring scalp ph levels for hair health. Maintaining an optimal pH supports the scalp's microbiome, reduces irritation, and promotes better absorption of hair care products. Environmental stressors are also a concern, particularly the impact of uv exposure on hair color stability. UV rays can degrade pigment molecules, causing fading in both natural and color-treated hair, making sun protection an important formulation consideration.
Emerging studies explore the correlation between scalp microcirculation and hair growth, suggesting that improved blood flow may enhance nutrient delivery to hair follicles, thereby stimulating growth and reducing shedding. At a molecular level, the role of amino acids in hair protein structure is fundamental, as amino acids like cysteine form the building blocks of keratin, influencing hair strength, elasticity, and resilience.
For personalized hair care, assessment of hair porosity for optimal product selection is becoming more common. High-porosity hair may require richer, more sealing treatments, while low-porosity hair benefits from lightweight formulations that can penetrate the cuticle. Additionally, understanding the mechanisms of action of anti-dandruff agents on the scalp is vital for developing effective solutions. Ingredients such as zinc pyrithione, ketoconazole, and salicylic acid work through different pathways to reduce flaking, inflammation, and microbial overgrowth. Product formulation remains a cornerstone of innovation, with ongoing comparison of different hair styling product formulations to assess performance, residue, hold, and ease of removal. The chemistry behind hair transformation is further explored through analyzing the chemical processes involved in hair coloring. This includes the oxidative reactions used to lift and deposit color, and how they alter hair's internal structure.
Finally, investigating the effects of heat styling tools on hair highlights the need for thermal protection. Frequent use of flat irons, curling wands, and blow dryers can degrade keratin and dehydrate the cuticle, leading to brittleness and split ends if not managed properly.
The hair care market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the hair care market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape of Hair Care Industry
Companies are implementing various strategies, such as strategic alliances, hair care market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Amorepacific Corporation - The company specializes in hair care, marketing a range of products under brands like Satinique.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Hair Care Market insights. See full methodology.
Market Scope |
|
Report Coverage |
Details |
Page number |
207 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.7% |
Market growth 2025-2029 |
USD 18.28 billion |
Market structure |
Fragmented |
YoY growth 2024-2025(%) |
3.5 |
Key countries |
US, Canada, Germany, UK, Italy, France, China, India, Japan, Brazil, Egypt, UAE, Oman, Argentina, KSA, UAE, Brazil, and Rest of World (ROW) |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
What is the expected growth of the Hair Care Market between 2025 and 2029?
USD 18.28 billion, at a CAGR of 3.7%
What segmentation does the market report cover?
The report is segmented by Product (Hair color, Shampoo, Conditioner, and Others), Distribution Channel (Offline and Online), Geography (Europe, APAC, North America, South America, and Middle East and Africa), and End-User (Male, Female, Unisex, and Kids)
Which regions are analyzed in the report?
Europe, APAC, North America, South America, and Middle East and Africa
What are the key growth drivers and market challenges?
Influence through social media and blogging, Adverse health effects of chemical or synthetic components used in hair care products
Who are the major players in the Hair Care Market?
Amorepacific Corporation, Avon Products, Inc., Church & Dwight Co., Inc., Combe Incorporated, Estée Lauder Companies Inc., Henkel AG & Co. KGaA, Kao Corporation, L'Oréal S.A., Mary Kay Inc., Natura &Co, P&G (Procter & Gamble Company), Revlon, Inc., Shiseido Company, Limited, The Body Shop International Limited, Unilever PLC, Wella Company, Davines S.p.A., Olaplex Holdings, Inc., Kérastase (L'Oréal S.A.), and Redken (L'Oréal S.A.)
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1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product
9 Market Segmentation by Distribution Channel
10 Market Segmentation by End-User
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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