Professional Haircare Products Market by Product, Distribution Channel, Type, and Geography - Forecast and Analysis 2020-2024

  • Published: Apr 2020
  • Pages: 120
  • SKU: IRTNTR41132
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The professional haircare products market size is expected to grow by USD 4.63 billion and record a CAGR of 4.43% during 2020-2024.

This post-pandemic professional haircare products market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this professional haircare products market analysis report, key drivers such as the introduction of customized products have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges that will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Professional Haircare Products Market Size be in 2020?

Professional-Haircare-Products-Market-Market-Size-2019-2024

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Who are the Key Vendors in the Professional Haircare Products Market?

The professional haircare products market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • Coty Inc.
  • Henkel AG & Co. KGaA
  • Kao Corp.
  • KOSÉ Corp.
  • L'Oréal SA
  • Natura & Co.
  • Shiseido Co. Ltd.
  • The Estée Lauder Companies Inc.
  • The Procter & Gamble Co.
  • and Unilever Group.

 

The professional haircare products market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This professional haircare products market report further entails segmentations by product (hair colorants, shampoos and conditioners, and hair styling products), distribution channel (offline and online), type (regular haircare products and natural and organic products), and geography (APAC, Europe, MEA, North America, and South America). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for Professional Haircare Products Market?

Professional-Haircare-Products-Market-Market-Share-by-Region-2019-2024

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The report offers an up-to-date analysis of the geographical composition of the market. APAC will record a fast growth rate during 2020-2024, owing to which the region should offer several growth opportunities to market vendors. The expansion of the spa market will significantly influence professional haircare products market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

30% of the market’s growth will originate from APAC during the forecast period. This report provides estimations of the contribution of all regions to the growth of the professional haircare products market size.

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What are the Key Factors Covered in this Professional Haircare Products Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive professional haircare products market growth during the next five years
  • Precise estimation of the professional haircare products market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of professional haircare products market vendors

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Professional Haircare Products Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2020-2024

$ 4.63 billion

Market structure

Fragmented

YoY growth (%)

3.97

Regional analysis

blank

Performing market contribution

APAC at 30%

Key consumer countries

blank

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Coty Inc., Henkel AG & Co. KGaA, Kao Corp., KOSÉ Corp., L'Oréal SA, Natura & Co., Shiseido Co. Ltd., The Estée Lauder Companies Inc., The Procter & Gamble Co., and and Unilever Group.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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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.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The professional haircare products market growth will increase by $4.63 billion during 2019-2024.
The professional haircare products market is expected to grow at a CAGR of 4.43% during 2019-2024.
Technavio has segmented the professional haircare products market by product (Hair colorants, Shampoos and conditioners, and Hair styling products) ,type (Regular haircare products and Natural and organic products) , and geographic (Europe, APAC, North America, South America, and MEA).
Coty Inc., Henkel AG & Co. KGaA, Kao Corp., KOSÉ Corp., Natura & Co., Shiseido Co. Ltd., The Estée Lauder Companies Inc., The Procter & Gamble Co., Unilever Group are a few of the key vendors in the professional haircare products market.
APAC will register the highest growth rate of 29.81% among the other regions. Therefore, the professional haircare products market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the professional haircare products market growth are:
  • Introduction of customized products
The professional haircare products market vendors should focus on grabbing business opportunities from the hair colorants segment as it accounted for the largest market share in the base year.
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