Hair Care Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Description
Hair Care Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Hair Care Market
The hair care market size was valued at USD 99.52 billion in 2023, and the market is now projected to grow from USD 106.91 billion in 2024 to USD 213.47 billion by 2032, exhibiting a CAGR of 10.4% during the forecast period of 2024-2032.
The COVID-19 pandemic created significant opportunities on the hair care market growth as curbing coronavirus outbreak was prioritized. Various salons and hair care institutions needed to both shut down or function below restrictions for the duration of lockdowns and times of elevated social distancing measures. Consequently, this instance led to a reduction in salon offerings and a decline in sales for many companies.
The hair care market share globally has been contributed due to the increasing hair-related issues. Consumers are more and more experiencing hair issues, consisting of graying, dandruff, and hair loss, that are probable to boom the utilization of hairdressing merchandise. Besides, consumers are more conscious of factors, which include hair harm, dryness, and breakage, putting more emphasis on preventive and corrective hair care measures.
Furthermore, there’s been a notable trend of hair coloring and adoption of long hair among men. The accelerated reputation of hair coloring and the developing fashion of fellows adopting longer hair have contributed to a rise in demand for hair care products. Therefore, the evolving fashion panorama and converting societal norms have brought about a multiplied reputation of diverse hair shade tendencies.
Comprehensive Analysis of Hair Care Market
The hair care market and consumer goods industry are rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the consumer goods industry. These segmentations are methodically segregated by types of products and distribution channel. The product types include, shampoo, conditioner, hair colorants, and hair oil, and others. The distribution channel is such as online stores, specialty stores, supermarket/hypermarket, and others.
The European region is conducive to the global hair care market, leading to a recall of USD 36.26 billion owing to presence of a vast beauty-conscious population. According to the information provided by the Cosmetic Toiletry & Perfumery Association (CTPA), retail sales of hair care merchandise in Europe reached USD 16.88 billion within the 12 months ending March 2021.
The top players in the market play a crucial role in the consumer goods industry assuring industrial prospectus growth and setting market standards. These players include, & Co. (Brazil), Revlon, Inc. (U.S.), Henkel AG & Co. KGaA (Germany), Unilever PLC (U.K.), Natura Kao Corporation (Japan), Johnson & Johnson Services, Inc. (U.S.), The Procter & Gamble Company (U.S.), Coty Inc. (U.S.), L'Oréal S.A. (France), and Aveda Corporation (U.S.) these market players provide a level-playing competitive landscape.
In April 2022, The Wella Company, that's a world splendor industries organization, got Briogeo, the fastest-growing scalp oil emblem, to launch its globally greener splendor merchandise portfolio. The products of Briogeo are made from herbal elements like oils, vitamins, and antioxidants.
Segmentation Table
Attribute Details
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 10.4% during 2024-2032
Unit Value (USD Billion)
Segmentation By Product
Hair Colorants
Shampoo
Conditioner
Hair Oil
Others
By Distribution Channel
Supermarket/Hypermarket
Specialty Stores
Online Stores
Others
By Region
North America (By Product, Distribution Channel, and Country)
- U.S. (By Product)
- Canada (By Product)
- Mexico (By Product)
Europe (By Product, Distribution Channel, and Country)
- Germany (By Product)
- France (By Product)
- Italy (By Product)
- Spain (By Product)
- U.K. (By Product)
- Rest of Europe (By Product)
Asia Pacific (By Product, Distribution Channel, and Country)
- China (By Product)
- India (By Product)
- Japan (By Product)
- Australia (By Product)
- Rest of Asia Pacific (By Product)
South America (By Product, Distribution Channel, and Country)
- Brazil (By Product)
- Argentina (By Product)
- Rest of South America (By Product)
Middle East and Africa (By Product, Distribution Channel, and Country)
- South Africa (By Product, Distribution Channel)
- UAE (By Product Type)
- Rest of Middle East and Africa (By Product)
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Table of Contents
195 Pages
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Overview of the Parent Market
- 4.2. Industry SWOT Analysis
- 4.3. Recent Industry Developments
- 4.4. Supply Chain & Regulatory Analysis
- 4.5. Qualitative Analysis (In Relation to COVID-19)
- 5. Global Hair Care Market Analysis, Insights and Forecast, 2019-2032
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product
- 5.2.1. Hair Colorants
- 5.2.2. Shampoo
- 5.2.3. Conditioner
- 5.2.4. Hair Oil
- 5.2.5. Others
- 5.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 5.3.1. Supermarkets/Hypermarkets
- 5.3.2. Specialty Stores
- 5.3.3. Online Stores
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. South America
- 5.4.5. Middle East & Africa
- 6. North America Hair Care Market Analysis, Insights and Forecast, 2019-2032
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product
- 6.2.1. Hair Colorants
- 6.2.2. Shampoo
- 6.2.3. Conditioner
- 6.2.4. Hair Oil
- 6.2.5. Others
- 6.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 6.3.1. Supermarkets/Hypermarkets
- 6.3.2. Specialty Stores
- 6.3.3. Online Stores
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.1.1. By Product
- 6.4.1.1.1. Hair Colorants
- 6.4.1.1.2. Shampoo
- 6.4.1.1.3. Conditioner
- 6.4.1.1.4. Hair Oil
- 6.4.1.1.5. Others
- 6.4.2. Canada
- 6.4.2.1. By Product
- 6.4.2.1.1. Hair Colorants
- 6.4.2.1.2. Shampoo
- 6.4.2.1.3. Conditioner
- 6.4.2.1.4. Hair Oil
- 6.4.2.1.5. Others
- 6.4.3. Mexico
- 6.4.3.1. By Product
- 6.4.3.1.1. Hair Colorants
- 6.4.3.1.2. Shampoo
- 6.4.3.1.3. Conditioner
- 6.4.3.1.4. Hair Oil
- 6.4.3.1.5. Others
- 7. Europe Hair Care Market Analysis, Insights and Forecast, 2019-2032
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product
- 7.2.1. Hair Colorants
- 7.2.2. Shampoo
- 7.2.3. Conditioner
- 7.2.4. Hair Oil
- 7.2.5. Others
- 7.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 7.3.1. Supermarket/Hypermarket
- 7.3.2. Specialty Stores
- 7.3.3. Online Stores
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. Germany
- 7.4.1.1. By Product
- 7.4.1.1.1. Hair Colorants
- 7.4.1.1.2. Shampoo
- 7.4.1.1.3. Conditioner
- 7.4.1.1.4. Hair Oil
- 7.4.1.1.5. Others
- 7.4.2. France
- 7.4.2.1. By Product
- 7.4.2.1.1. Hair Colorants
- 7.4.2.1.2. Shampoo
- 7.4.2.1.3. Conditioner
- 7.4.2.1.4. Hair Oil
- 7.4.2.1.5. Others
- 7.4.3. Italy
- 7.4.3.1. By Product
- 7.4.3.1.1. Hair Colorants
- 7.4.3.1.2. Shampoo
- 7.4.3.1.3. Conditioner
- 7.4.3.1.4. Hair Oil
- 7.4.3.1.5. Others
- 7.4.4. Spain
- 7.4.4.1. By Product
- 7.4.4.1.1. Hair Colorants
- 7.4.4.1.2. Shampoo
- 7.4.4.1.3. Conditioner
- 7.4.4.1.4. Hair Oil
- 7.4.4.1.5. Others
- 7.4.5. U.K.
- 7.4.5.1. By Product
- 7.4.5.1.1. Hair Colorants
- 7.4.5.1.2. Shampoo
- 7.4.5.1.3. Conditioner
- 7.4.5.1.4. Hair Oil
- 7.4.5.1.5. Others
- 7.4.6. Rest of Europe
- 7.4.6.1. By Product
- 7.4.6.1.1. Hair Colorants
- 7.4.6.1.2. Shampoo
- 7.4.6.1.3. Conditioner
- 7.4.6.1.4. Hair Oil
- 7.4.6.1.5. Others
- 8. Asia Pacific Hair Care Market Analysis, Insights and Forecast, 2019-2032
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product
- 8.2.1. Hair Colorants
- 8.2.2. Shampoo
- 8.2.3. Conditioner
- 8.2.4. Hair Oil
- 8.2.5. Others
- 8.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 8.3.1. Supermarkets/Hypermarkets
- 8.3.2. Specialty Stores
- 8.3.3. Online Stores
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.1.1. By Product
- 8.4.1.1.1. Hair Colorants
- 8.4.1.1.2. Shampoo
- 8.4.1.1.3. Conditioner
- 8.4.1.1.4. Hair Oil
- 8.4.1.1.5. Others
- 8.4.2. India
- 8.4.2.1. By Product
- 8.4.2.1.1. Hair Colorants
- 8.4.2.1.2. Shampoo
- 8.4.2.1.3. Conditioner
- 8.4.2.1.4. Hair Oil
- 8.4.2.1.5. Others
- 8.4.3. Japan
- 8.4.3.1. By Product
- 8.4.3.1.1. Hair Colorants
- 8.4.3.1.2. Shampoo
- 8.4.3.1.3. Conditioner
- 8.4.3.1.4. Hair Oil
- 8.4.3.1.5. Others
- 8.4.4. Australia
- 8.4.4.1. By Product
- 8.4.4.1.1. Hair Colorants
- 8.4.4.1.2. Shampoo
- 8.4.4.1.3. Conditioner
- 8.4.4.1.4. Hair Oil
- 8.4.4.1.5. Others
- 8.4.5. Rest of Asia Pacific
- 8.4.5.1. By Product
- 8.4.5.1.1. Hair Colorants
- 8.4.5.1.2. Shampoo
- 8.4.5.1.3. Conditioner
- 8.4.5.1.4. Hair Oil
- 8.4.5.1.5. Others
- 9. South America Hair Care Market Analysis, Insights and Forecast, 2019-2032
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product
- 9.2.1. Hair Colorants
- 9.2.2. Shampoo
- 9.2.3. Conditioner
- 9.2.4. Hair Oil
- 9.2.5. Others
- 9.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 9.3.1. Supermarkets/Hypermarkets
- 9.3.2. Specialty Stores
- 9.3.3. Online Stores
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.1.1. By Product
- 9.4.1.1.1. Hair Colorants
- 9.4.1.1.2. Shampoo
- 9.4.1.1.3. Conditioner
- 9.4.1.1.4. Hair Oil
- 9.4.1.1.5. Others
- 9.4.2. Argentina
- 9.4.2.1. By Product
- 9.4.2.1.1. Hair Colorants
- 9.4.2.1.2. Shampoo
- 9.4.2.1.3. Conditioner
- 9.4.2.1.4. Hair Oil
- 9.4.2.1.5. Others
- 9.4.3. Rest of South America
- 9.4.3.1. By Product
- 9.4.3.1.1. Hair Colorants
- 9.4.3.1.2. Shampoo
- 9.4.3.1.3. Conditioner
- 9.4.3.1.4. Hair Oil
- 9.4.3.1.5. Others
- 10. Middle East & Africa Hair Care Market Analysis, Insights and Forecast, 2019-2032
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Product
- 10.2.1. Hair Colorants
- 10.2.2. Shampoo
- 10.2.3. Conditioner
- 10.2.4. Hair Oil
- 10.2.5. Others
- 10.3. Market Analysis, Insights and Forecast – By Distribution Channel
- 10.3.1. Supermarkets/Hypermarkets
- 10.3.2. Specialty Stores
- 10.3.3. Online Stores
- 10.3.4. Others
- 10.4. Market Analysis, Insights and Forecast – By Country
- 10.4.1. South Africa
- 10.4.1.1. By Product
- 10.4.1.1.1. Hair Colorants
- 10.4.1.1.2. Shampoo
- 10.4.1.1.3. Conditioner
- 10.4.1.1.4. Hair Oil
- 10.4.1.1.5. Others
- 10.4.2. UAE
- 10.4.2.1. By Product
- 10.4.2.1.1. Hair Colorants
- 10.4.2.1.2. Shampoo
- 10.4.2.1.3. Conditioner
- 10.4.2.1.4. Hair Oil
- 10.4.2.1.5. Others
- 10.4.3. Rest of Middle East & Africa
- 10.4.3.1. By Product
- 10.4.3.1.1. Hair Colorants
- 10.4.3.1.2. Shampoo
- 10.4.3.1.3. Conditioner
- 10.4.3.1.4. Hair Oil
- 10.4.3.1.5. Others
- 11. Competitive Landscape
- 11.1. Business Strategies Adopted by Leading Players
- 11.2. Market Revenue Share/Ranking Analysis, 2023
- 12. Company Profiles
- 12.1. L'Oréal S.A.
- 12.1.1. Company Overview
- 12.1.2. Business Overview
- 12.1.3. Product Portfolio
- 12.1.4. Financials (Data as available in public domain and/or on paid databases)
- 12.1.5. Recent Developments
- 12.1.6. SWOT Analysis
- 12.2. Coty Inc.
- 12.2.1. Company Overview
- 12.2.2. Business Overview
- 12.2.3. Product Portfolio
- 12.2.4. Financials (Data as available in public domain and/or on paid databases)
- 12.2.5. Recent Developments
- 12.2.6. SWOT Analysis
- 12.3. Henkel AG & Co. KGaA
- 12.3.1. Company Overview
- 12.3.2. Business Overview
- 12.3.3. Product Portfolio
- 12.3.4. Financials (Data as available in public domain and/or on paid databases)
- 12.3.5. Recent Developments
- 12.3.6. SWOT Analysis
- 12.4. Unilever PLC
- 12.4.1. Company Overview
- 12.4.2. Business Overview
- 12.4.3. Product Portfolio
- 12.4.4. Financials (Data as available in public domain and/or on paid databases)
- 12.4.5. Recent Developments
- 12.4.6. SWOT Analysis
- 12.5. The Procter & Gamble Company
- 12.5.1. Company Overview
- 12.5.2. Business Overview
- 12.5.3. Product Portfolio
- 12.5.4. Financials (Data as available in public domain and/or on paid databases)
- 12.5.5. Recent Developments
- 12.5.6. SWOT Analysis
- 12.6. Revlon, Inc.
- 12.6.1. Company Overview
- 12.6.2. Business Overview
- 12.6.3. Product Portfolio
- 12.6.4. Financials (Data as available in public domain and/or on paid databases)
- 12.6.5. Recent Developments
- 12.6.6. SWOT Analysis
- 12.7. Kao Corporation
- 12.7.1. Company Overview
- 12.7.2. Business Overview
- 12.7.3. Product Portfolio
- 12.7.4. Financials (Data as available in public domain and/or on paid databases)
- 12.7.5. Recent Developments
- 12.7.6. SWOT Analysis
- 12.8. Natura & Co.
- 12.8.1. Company Overview
- 12.8.2. Business Overview
- 12.8.3. Product Portfolio
- 12.8.4. Financials (Data as available in public domain and/or on paid databases)
- 12.8.5. Recent Developments
- 12.8.6. SWOT Analysis
- 12.9. Johnson & Johnson Services, Inc.
- 12.9.1. Company Overview
- 12.9.2. Business Overview
- 12.9.3. Product Portfolio
- 12.9.4. Financials (Data as available in public domain and/or on paid databases)
- 12.9.5. Recent Developments
- 12.9.6. SWOT Analysis
- 12.10. Aveda Corporation
- 12.10.1. Company Overview
- 12.10.2. Business Overview
- 12.10.3. Product Portfolio
- 12.10.4. Financials (Data as available in public domain and/or on paid databases)
- 12.10.5. Recent Developments
- 12.10.6. SWOT Analysis
- 13. Strategic Recommendations
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