Global Hair Care Market Growth 2023-2029

Global Hair Care Market Growth 2023-2029

Hair care is an overall term for hygiene and cosmetology involving the hair which grows from the human scalp, and to a lesser extent facial, pubic and other body hair. Hair care routines differ according to an individual's culture and the physical characteristics of one's hair. Hair may be colored, trimmed, shaved, plucked, or otherwise removed with treatments such as waxing, sugaring, and threading. Hair care services are offered in salons, barbershops, and day spas, and products are available commercially for home use. Laser hair removal and electrolysis are also available, though these are provided (in the US) by licensed professionals in medical offices or speciality spas.

LPI (LP Information)' newest research report, the “Hair Care Industry Forecast” looks at past sales and reviews total world Hair Care sales in 2022, providing a comprehensive analysis by region and market sector of projected Hair Care sales for 2023 through 2029. With Hair Care sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hair Care industry.

This Insight Report provides a comprehensive analysis of the global Hair Care landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hair Care portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hair Care market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hair Care and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hair Care.

The global Hair Care market size is projected to grow from US$ 4764 million in 2022 to US$ 7573.6 million in 2029; it is expected to grow at a CAGR of 7573.6 from 2023 to 2029.

The increasing demand for natural haircare products in the market is one of the primary factors propelling the growth prospects for this market. The majority of consumers are increasingly looking for products that contain natural ingredients as they are influenced by the natural look sported by celebrities such as Lupita Nyongo, Chimamanda Adichie, and Lira. Moreover, the increasing preference for natural productscomes amid growing health concerns related to the use of chemical products, which have been linked to hair breakage, hair loss, and other conditions. This has led many specialty chains and beauty product manufacturers to enhance their product portfolio for natural hair products, which will boost the sales of haircare products in Africa in the future.

This report presents a comprehensive overview, market shares, and growth opportunities of Hair Care market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Shampoo
Conditioner
Hair Color
Hair Styling Products

Segmentation by application
Hypermarkets and Supermarkets
Drugstores and Pharmacies
Specialty Stores
Department Stores

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Amka Products
P&G
L'Oréal
Unilever
Avon
Estée Lauder
Johnson & Johnson
Shiseido
TONI&GUY

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hair Care market?

What factors are driving Hair Care market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hair Care market opportunities vary by end market size?

How does Hair Care break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.