IMARC Group, a leading market research company, has recently releases report titled “Hair Care Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global hair care industry statistics, Share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the Hair Care Market?
Report Attributes |
Details |
Market Size in 2022 |
US$ 82.3 Billion |
Market Forecast in 2028 |
US$ 107.2 Billion |
Growth rate (2023 to 2028) |
CAGR of 4.4% |
Base Year of the Analysis |
2022 |
Forecast Period |
2023-2028 |
What is Hair Care?
Hair care refers to the range of practices and products that help maintain the health, appearance, and overall well-being of an individual’s hair. It involves various aspects, including cleansing, conditioning, styling, and protecting the hair from damage. Good hair care is essential as it helps to promote strong, lustrous, and manageable hair. It involves adopting a healthy lifestyle and making conscious choices that benefit the hair. It aids in preventing hair shaft damage and keeping hair strands aesthetically presentable, soft, and shiny. It also enhances the lubrication of the shaft, prevents hair breakage, and reduces the amount of water absorbed in the hair. Some commonly used hair care products include supplements, hair loss treatment, hair oils, styling products, serums, and conditioners that are formulated with essential nutrients that aid in hair nourishment.
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What are the growth prospects and trends in the Hair Care industry?
The increasing consciousness among consumers about personal grooming and the desire to maintain healthy and attractive hair is driving the global market. Moreover, the escalating trend of natural and organic products is supporting the market as consumers are seeking products that are free from harmful chemicals and offer natural and sustainable ingredients. Besides, several leading players are heavily investing in developing advanced hair dryers, straighteners, curling irons, and styling brushes with enhanced features and better performance, which are gaining prominence worldwide. Apart from this, the rising availability of hair care products across various organized distribution channels and emerging e-commerce sectors are impacting the market favorably. Other factors, such as growing demand for sustainability and eco-consciousness, and celebrity endorsements and marketing are creating a positive market outlook.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type:
- Shampoo
- Hair Color
- Conditioner
- Hair Styling Products
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Retailers
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- KAO Group
- L’Oréal USA, Inc.
- The Procter & Gamble (P&G) Company
- Unilever PLC
- Johnson & Johnson, Inc.
Also, Read the Full Blog: Top 10 Hair Care Manufacturers Worldwide
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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