Global Hair Masks Market 2018-2022
About this market
Growing adoption of products with organic compounds to gain traction in the market. Due to the adverse effects caused by prolonged use of inorganic and synthetic hair care products, the consumers are shifting towards organic products. Technavio’s analysts have predicted that the hair masks market will register a CAGR of almost 9% by 2023.
Growing demand for hair care products by men
The men’s grooming products is expected to be one of the fastest growing markets during the forecast period. This will lead to the growth in the demand for male grooming products, thereby driving growth in the market.
Availability of alternatives
Owing to the growing awareness about the adverse effects of synthetic hair care products, consumers are shifting to more natural and DIY products.
For the detailed list of factors that will drive and challenge the growth of the hair masks market during the 2019-2023, view our report.
The market appears to be fragmented and with the presence of several companies including Procter & Gamble and Unilever the competitive environment is quite intense. Factors such as the growing demand for hair care products by men and the expansion of aircraft manufacturing facilities, will provide considerable growth opportunities to hair masks manufactures. Estée Lauder Companies, Henkel, L’Oréal, Procter & Gamble, and Unilever are some of the major companies covered in this report.
Technavio Announces the Publication of its Research Report – Global Hair Masks Market 2018-2022
Technavio recognizes the following companies as the key players in the global hair masks market: Estée Lauder Companies, Henkel, L’Oréal, Procter & Gamble, and Unilever.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the growing adoption of products with organic compounds.”
According to the report, one of the major drivers for this market is the growing demand for hair care products by men.
Estée Lauder Companies
Procter & Gamble
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