Luxury Hair Care Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Luxury Hair Care Market
The luxury hair care market size was valued at USD 18.20 billion in 2023, and the market is now projected to grow from USD 19.21 billion in 2024 to USD 32.39 billion by 2032, exhibiting a CAGR of 6.75% during the forecast period of 2024-2032.
The COVID-19 outbreak had a severe influence on the supply chain, resulting in decreased production and manufacturing in various industries sectors due to transformed consumer preferences owing to social distancing measure leads to the reduction in luxury hair care market growth. Salon’s shutdowns, transit restrictions, social gathering and logistical impediments curtailed the demand for luxury hair care products. Lockdown measures and limitations on non-essential enterprises resulted in temporary closures of physical retail establishments, including outlets and boutiques, significantly impacting luxury hair care products sales and consumer experience.
Rising focus on self-pampering and personal grooming due to increased expansion on grooming products is fostering luxury hair care market growth. Consumers are shifting their preferences towards effective and pampering grooming products augmenting market expansion. High-end care products that deliver commitment and promote luxury and self-care gaining popularity among consumers boosting market growth. Moreover, self-care routines have been clinically proved to reduce or eliminate anxiety and sadness, improve focus, reduce stress, minimize annoyance and anger, boost happiness, and increase energy promoting luxury hair care market growth.
Additionally, due to increased outcomes from personalization, natural and organic formulations, the market is witnessing remarkable growth opportunities during projection period. May firms are focusing on developing innovative and effective treatments by using new technologies, including molecular science and biotechnology boosting luxury hair care market growth significantly.
Comprehensive Analysis of Luxury Hair Care Market
The luxury hair care market is rising with an exponential rate due to its market segmentation. This market expansion effectively provides a detailed geographical assessment considering the dominant supply and demand forces that impact the luxury hair care management industry. These segmentations are methodically segregated by types, by distribution channel and by end users. The types of By Type segment include Hair Oil & Serums, Shampoo, Hair Colorants, Conditioners, and Others, and By Distribution Channel segment include Supermarkets/Hypermarkets, Pharmacy/Drug Stores, Specialty Stores, and Online Retailers, while By End-user segment include Men and Women.
In the luxury hair care market, North America region lead the market with a market size of USD 6.14 billion in 2023 owing to focus on self-pampering and personal grooming and increased outcomes from personalization, natural and organic formulations.
The prominent players in the market play a crucial role in the luxury hair care industry assuring industrial prospectus growth and setting market standards. These players include, Estee Lauder Companies Inc. (U.S.), The Procter & Gamble Company (U.S.), Kérastase (France), OLAPLEX (U.S.), ORIBE (U.K.), Alcora Corporation (U.S.), SEVEN, LLC. (U.S.), Kao Corporation (Japan), RAHUA (France) and L’Oréal Group (France) these prominent market players provide a level-playing competitive landscape.
In December 2023, Straand, a Melbourne-based hair care firm, raised $4 million Australian dollars (USD 2.62 million) in a seed investment led by Unilever Ventures.
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 6.75% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Type
Hair Oil & Serums
Shampoo
Hair Colorants
Conditioners
Others
By Distribution Channel
Supermarkets/Hypermarkets
Pharmacy/Drug Stores
Specialty Stores
Online Retailers
By End-user
Men
Women
By Region
North America (By Type, Distribution Channel, End-user and Country)
- U.S. (By Type)
- Canada (By Type)
- Mexico (By Type)
Europe (By Type, Distribution Channel, End-user, and Country)
- U.K. (By Type)
- Germany (By Type)
- France (By Type)
- Italy (By Type)
- Spain (By Type)
- Rest of Europe (By Type)
Asia Pacific (By Type, Distribution Channel, End-user, and Country)
- China (By Type)
- India (By Type)
- Japan (By Type)
- Australia (By Type)
- Rest of Asia Pacific (By Type)
South America (By Type, Distribution Channel, End-user, and Country)
- Brazil (By Type)
- Argentina (By Type)
- Rest of South America (By Type)
Middle East & Africa (By Type, Distribution Channel, End-user and Country)
- South Africa (By Type)
- UAE (By Type)
- Rest of the Middle East & Africa (By Type)
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- 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/Related Markets
- 4.2. Industry SWOT Analysis
- 4.3. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
- 4.4. Qualitative Analysis (in relation to COVID-19)
- 4.4.1. Impact of COVID-19
- 4.4.2. Supply Chain Challenges
- 4.4.3. Potential Opportunities due to COVID-19
- 5. Global Luxury Hair Care Market Analysis, Insights and Forecast, 2019-2032
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecast
- 5.2.1. By Type (Value)
- 5.2.1.1. Hair Oil & Serums
- 5.2.1.2. Shampoo
- 5.2.1.3. Hair Colorants
- 5.2.1.4. Conditioners
- 5.2.1.5. Others
- 5.2.2. By Distribution Channel (Value)
- 5.2.2.1. Supermarkets/Hypermarkets
- 5.2.2.2. Pharmacy/Drug Stores
- 5.2.2.3. Specialty Stores
- 5.2.2.4. Online retailers
- 5.2.3. By End-user (Value)
- 5.2.3.1. Men
- 5.2.3.2. Women
- 5.2.4. By Region (Value)
- 5.2.4.1. North America
- 5.2.4.2. Europe
- 5.2.4.3. Asia Pacific
- 5.2.4.4. South America
- 5.2.4.5. Middle East & Africa
- 6. North America Luxury Hair Care Market Analysis, Insights and Forecast, 2019-2032
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecast
- 6.2.1. By Type (Value)
- 6.2.1.1. Hair Oil & Serums
- 6.2.1.2. Shampoo
- 6.2.1.3. Hair Colorants
- 6.2.1.4. Conditioners
- 6.2.1.5. Others
- 6.2.2. By Distribution Channel (Value)
- 6.2.2.1. Supermarkets/Hypermarkets
- 6.2.2.2. Pharmacy/Drug Stores
- 6.2.2.3. Specialty Stores
- 6.2.2.4. Online retailers
- 6.2.3. By End-user (Value)
- 6.2.3.1. Men
- 6.2.3.2. Women
- 6.2.4. By Country (Value)
- 6.2.4.1. U.S.
- 6.2.4.1.1. By Type (Value)
- 6.2.4.1.1.1. Hair Oil & Serums
- 6.2.4.1.1.2. Shampoo
- 6.2.4.1.1.3. Hair Colorants
- 6.2.4.1.1.4. Conditioners
- 6.2.4.1.1.5. Others
- 6.2.4.2. Canada
- 6.2.4.2.1. By Type (Value)
- 6.2.4.2.1.1. Hair Oil & Serums
- 6.2.4.2.1.2. Shampoo
- 6.2.4.2.1.3. Hair Colorants
- 6.2.4.2.1.4. Conditioners
- 6.2.4.2.1.5. Others
- 6.2.4.3. Mexico
- 6.2.4.3.1. By Type (Value)
- 6.2.4.3.1.1. Hair Oil & Serums
- 6.2.4.3.1.2. Shampoo
- 6.2.4.3.1.3. Hair Colorants
- 6.2.4.3.1.4. Conditioners
- 6.2.4.3.1.5. Others
- 7. Europe Luxury Hair Care Market Analysis, Insights and Forecast, 2019-2032
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecast
- 7.2.1. By Type (Value)
- 7.2.1.1. Hair Oil & Serums
- 7.2.1.2. Shampoo
- 7.2.1.3. Hair Colorants
- 7.2.1.4. Conditioners
- 7.2.1.5. Others
- 7.2.2. By Distribution Channel (Value)
- 7.2.2.1. Supermarkets/Hypermarkets
- 7.2.2.2. Pharmacy/Drug Stores
- 7.2.2.3. Specialty Stores
- 7.2.2.4. Online retailers
- 7.2.3. By End-user (Value)
- 7.2.3.1. Men
- 7.2.3.2. Women
- 7.2.4. By Country (Value)
- 7.2.4.1. Germany
- 7.2.4.1.1. By Type (Value)
- 7.2.4.1.1.1. Hair Oil & Serums
- 7.2.4.1.1.2. Shampoo
- 7.2.4.1.1.3. Hair Colorants
- 7.2.4.1.1.4. Conditioners
- 7.2.4.1.1.5. Others
- 7.2.4.2. France
- 7.2.4.2.1. By Type (Value)
- 7.2.4.2.1.1. Hair Oil & Serums
- 7.2.4.2.1.2. Shampoo
- 7.2.4.2.1.3. Hair Colorants
- 7.2.4.2.1.4. Conditioners
- 7.2.4.2.1.5. Others
- 7.2.4.3. Italy
- 7.2.4.3.1. By Type (Value)
- 7.2.4.3.1.1. Hair Oil & Serums
- 7.2.4.3.1.2. Shampoo
- 7.2.4.3.1.3. Hair Colorants
- 7.2.4.3.1.4. Conditioners
- 7.2.4.3.1.5. Others
- 7.2.4.4. Spain
- 7.2.4.4.1. By Type (Value)
- 7.2.4.4.1.1. Hair Oil & Serums
- 7.2.4.4.1.2. Shampoo
- 7.2.4.4.1.3. Hair Colorants
- 7.2.4.4.1.4. Conditioners
- 7.2.4.4.1.5. Others
- 7.2.4.5. U.K.
- 7.2.4.5.1. By Type (Value)
- 7.2.4.5.1.1. Hair Oil & Serums
- 7.2.4.5.1.2. Shampoo
- 7.2.4.5.1.3. Hair Colorants
- 7.2.4.5.1.4. Conditioners
- 7.2.4.5.1.5. Others
- 7.2.4.6. Rest of Europe
- 7.2.4.6.1. By Type (Value)
- 7.2.4.6.1.1. Hair Oil & Serums
- 7.2.4.6.1.2. Shampoo
- 7.2.4.6.1.3. Hair Colorants
- 7.2.4.6.1.4. Conditioners
- 7.2.4.6.1.5. Others
- 8. Asia Pacific Luxury Hair Care Market Analysis, Insights and Forecast, 2019-2032
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecast
- 8.2.1. By Type (Value)
- 8.2.1.1. Hair Oil & Serums
- 8.2.1.2. Shampoo
- 8.2.1.3. Hair Colorants
- 8.2.1.4. Conditioners
- 8.2.1.5. Others
- 8.2.2. By Distribution Channel (Value)
- 8.2.2.1. Supermarkets/Hypermarkets
- 8.2.2.2. Pharmacy/Drug Stores
- 8.2.2.3. Specialty Stores
- 8.2.2.4. Online retailers
- 8.2.3. By End-user (Value)
- 8.2.3.1. Men
- 8.2.3.2. Women
- 8.2.4. By Country (Value)
- 8.2.4.1. China
- 8.2.4.1.1. By Type (Value)
- 8.2.4.1.1.1. Hair Oil & Serums
- 8.2.4.1.1.2. Shampoo
- 8.2.4.1.1.3. Hair Colorants
- 8.2.4.1.1.4. Conditioners
- 8.2.4.1.1.5. Others
- 8.2.4.2. India
- 8.2.4.2.1. By Type (Value)
- 8.2.4.2.1.1. Hair Oil & Serums
- 8.2.4.2.1.2. Shampoo
- 8.2.4.2.1.3. Hair Colorants
- 8.2.4.2.1.4. Conditioners
- 8.2.4.2.1.5. Others
- 8.2.4.3. Japan
- 8.2.4.3.1. By Type (Value)
- 8.2.4.3.1.1. Hair Oil & Serums
- 8.2.4.3.1.2. Shampoo
- 8.2.4.3.1.3. Hair Colorants
- 8.2.4.3.1.4. Conditioners
- 8.2.4.3.1.5. Others
- 8.2.4.4. Australia
- 8.2.4.4.1. By Type (Value)
- 8.2.4.4.1.1. Hair Oil & Serums
- 8.2.4.4.1.2. Shampoo
- 8.2.4.4.1.3. Hair Colorants
- 8.2.4.4.1.4. Conditioners
- 8.2.4.4.1.5. Others
- 8.2.4.5. Rest of Asia Pacific
- 8.2.4.5.1. By Type (Value)
- 8.2.4.5.1.1. Hair Oil & Serums
- 8.2.4.5.1.2. Shampoo
- 8.2.4.5.1.3. Hair Colorants
- 8.2.4.5.1.4. Conditioners
- 8.2.4.5.1.5. Others
- 9. South America Luxury Hair Care Market Analysis, Insights and Forecast, 2019-2032
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecast
- 9.2.1. By Type (Value)
- 9.2.1.1. Hair Oil & Serums
- 9.2.1.2. Shampoo
- 9.2.1.3. Hair Colorants
- 9.2.1.4. Conditioners
- 9.2.1.5. Others
- 9.2.2. By Distribution Channel (Value)
- 9.2.2.1. Supermarkets/Hypermarkets
- 9.2.2.2. Pharmacy/Drug Stores
- 9.2.2.3. Specialty Stores
- 9.2.2.4. Online retailers
- 9.2.3. By End-user (Value)
- 9.2.3.1. Men
- 9.2.3.2. Women
- 9.2.4. By Country (Value)
- 9.2.4.1. Brazil
- 9.2.4.1.1. By Type (Value)
- 9.2.4.1.1.1. Hair Oil & Serums
- 9.2.4.1.1.2. Shampoo
- 9.2.4.1.1.3. Hair Colorants
- 9.2.4.1.1.4. Conditioners
- 9.2.4.1.1.5. Others
- 9.2.4.2. Argentina
- 9.2.4.2.1. By Type (Value)
- 9.2.4.2.1.1. Hair Oil & Serums
- 9.2.4.2.1.2. Shampoo
- 9.2.4.2.1.3. Hair Colorants
- 9.2.4.2.1.4. Conditioners
- 9.2.4.2.1.5. Others
- 9.2.4.3. Rest of South America
- 9.2.4.3.1. By Type (Value)
- 9.2.4.3.1.1. Hair Oil & Serums
- 9.2.4.3.1.2. Shampoo
- 9.2.4.3.1.3. Hair Colorants
- 9.2.4.3.1.4. Conditioners
- 9.2.4.3.1.5. Others
- 10. Middle East & Africa Luxury Hair Care Market Analysis, Insights and Forecast, 2019-2032
- 10.1. Key Findings / Summary
- 10.2. Market Size Estimates and Forecast
- 10.2.1. By Type (Value)
- 10.2.1.1. Hair Oil & Serums
- 10.2.1.2. Shampoo
- 10.2.1.3. Hair Colorants
- 10.2.1.4. Conditioners
- 10.2.1.5. Others
- 10.2.2. By Distribution Channel (Value)
- 10.2.2.1. Supermarkets/Hypermarkets
- 10.2.2.2. Pharmacy/Drug Stores
- 10.2.2.3. Specialty Stores
- 10.2.2.4. Online retailers
- 10.2.3. By End-user (Value)
- 10.2.3.1. Men
- 10.2.3.2. Women
- 10.2.4. By Country (Value)
- 10.2.4.1. South Africa
- 10.2.4.1.1. By Type (Value)
- 10.2.4.1.1.1. Hair Oil & Serums
- 10.2.4.1.1.2. Shampoo
- 10.2.4.1.1.3. Hair Colorants
- 10.2.4.1.1.4. Conditioners
- 10.2.4.1.1.5. Others
- 10.2.4.2. UAE
- 10.2.4.2.1. By Type (Value)
- 10.2.4.2.1.1. Hair Oil & Serums
- 10.2.4.2.1.2. Shampoo
- 10.2.4.2.1.3. Hair Colorants
- 10.2.4.2.1.4. Conditioners
- 10.2.4.2.1.5. Others
- 10.2.4.3. Rest of Middle East & Africa
- 10.2.4.3.1. By Type (Value)
- 10.2.4.3.1.1. Hair Oil & Serums
- 10.2.4.3.1.2. Shampoo
- 10.2.4.3.1.3. Hair Colorants
- 10.2.4.3.1.4. Conditioners
- 10.2.4.3.1.5. Others
- 11. Competitive Matrix
- 11.1. Key Strategies Adopted by Market Players
- 11.2. Global Luxury Hair Care Market Revenue Share/Ranking Analysis, By Manufacturers, 2022
- 12. Company Profiles
- 12.1. Estee Lauder Companies Inc.
- 12.1.1. Overview
- 12.1.2. Description
- 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
- 12.2. The Procter & Gamble Company
- 12.2.1. Overview
- 12.2.2. Description
- 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
- 12.3. Kérastase
- 12.3.1. Overview
- 12.3.2. Description
- 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
- 12.4. OLAPLEX
- 12.4.1. Overview
- 12.4.2. Description
- 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
- 12.5. ORIBE
- 12.5.1. Overview
- 12.5.2. Description
- 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
- 12.6. Alcora Corporation
- 12.6.1. Overview
- 12.6.2. Description
- 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
- 12.7. SEVEN, LLC.
- 12.7.1. Overview
- 12.7.2. Description
- 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
- 12.8. Kao Corporation
- 12.8.1. Overview
- 12.8.2. Description
- 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
- 12.9. RAHUA
- 12.9.1. Overview
- 12.9.2. Description
- 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
- 12.10. L’Oréal Group
- 12.10.1. Overview
- 12.10.2. Description
- 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
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