Hair Care Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025
- Published: Aug 2021
- Pages: 120
- SKU: IRTNTR45606
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The hair care market has the potential to grow by USD 16.43 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3.73%.
This hair care market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (shampoo, hair color, conditioner, and others), distribution channel (offline and online), and geography (Europe, APAC, North America, South America, and MEA). The hair care market report also offers information on several market vendors, including Amway Corp., Coty Inc., Henkel AG and Co. KGaA, Kao Corp., LOreal SA, Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Companies Inc., The Procter and Gamble Co., and Unilever Group among others.
What will the Hair Care Market Size be in 2021?
Browse TOC and LoE with selected illustrations and example pages of Hair Care Market
Hair Care Market: Key Drivers and Trends
Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The innovation and portfolio extension leading to product premiumization is notably driving the hair care market growth, although factors such as adverse health effects of chemical or synthetic components used in hair care products may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the hair care industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
This hair care market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Who are the Major Hair Care Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Amway Corp.
- Coty Inc.
- Henkel AG and Co. KGaA
- Kao Corp.
- LOreal SA
- Revlon Inc.
- Shiseido Co. Ltd.
- The Estee Lauder Companies Inc.
- The Procter and Gamble Co.
- Unilever Group
This statistical study of the hair care market encompasses successful business strategies deployed by the key vendors. The hair care market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The hair care market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Hair Care Market?
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37% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for hair care in APAC. Market growth in APAC will be faster than the growth of the market in other regions.
The rising concern for personal hygiene and wellness will facilitate the hair care market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
What are the Revenue-generating Product Segments in the Hair Care Market?
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The hair care market share growth by the shampoo segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the hair care market size and actionable market insights on post COVID-19 impact on each segment.
What are the Key Factors Covered in this Hair Care Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive haircare market growth during the next five years
- Precise estimation of the haircare market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the haircare industry across Europe, APAC, North America, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of haircare market vendors
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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.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Frequently Asked Questions?
- Innovation and portfolio extension leading to product premiumization
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