Flora

May 26, 2023

News provided by Share this article Share this article NEW YORK, May 26, 2023 /PRNewswire/ -- The hair products market  size is estimated to grow by USD 19,431.34 mn during 2022-2027. However, the growth momentum will progress at a CAGR of 4.12% during the forecast period. The market is segmented by Distribution Channel (offline and online), Product (hair care products and hair styling products), and Geography (Europe, APAC, North America, South America, and Middle East and Africa). Increasing hair-related issues are notably driving the hair care products market growth. Information Services Market Insights - Technavio has announced its latest market research report titled Global Hair Products Market 2023-2027 Vendors: 15+, Including Amway Corp., Colgate Palmolive Co., Coty Inc., Flora and Curl Ltd., Godrej Consumer Products Ltd., Henkel AG and Co. KGaA, John Paul Mitchell Systems, Johnson and Johnson, Kao Corp., LOreal SA, NATULIQUE Ltd., Natura and Co Holding SA, OUAI Hair Care, Pai Shau Inc., Revlon Inc., Shiseido Co. Ltd., ST. TROPICA Inc., The Estee Lauder Companies Inc., The Procter and Gamble Co., and Unilever PLC, among others Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors Segments: Distribution Channel (Offline and Online), Product (Hair care products and Hair styling products), and Geography (Europe, APAC, North America, South America, and Middle East and Africa) Hair products market - Vendor Insights The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including - Amway Corp., Colgate Palmolive Co., Coty Inc., Flora and Curl Ltd., Godrej Consumer Products Ltd., Henkel AG and Co. KGaA, John Paul Mitchell Systems, Johnson and Johnson, Kao Corp., LOreal SA, NATULIQUE Ltd., Natura and Co Holding SA, OUAI Hair Care, Pai Shau Inc., Revlon Inc., Shiseido Co. Ltd., ST. TROPICA Inc., The Estee Lauder Companies Inc., The Procter and Gamble Co., and Unilever PLC Hair Products Market – Market Dynamics Major Drivers- Increasing hair-related issues are pushing consumers to purchase hair care products. The concern for the psychological consequences due to hair-related issues such as extensive hair loss and thinning is driving the adoption of hair products among consumers. Also, consumers experiencing Male Pattern Baldness (MPB) or androgenetic alopecia are also extensively procuring hair products to prevent hair issues. Increased fashion awareness is encouraging consumers to use stylistic products to fit in the society. There is a growing awareness of the benefits of premium and organic personal care products over standard products that use harmful chemicals. Such factors are expected to drive the growth of hair products during the forecast period. Key Trend- Growing demand for natural and organic hair products is a primary trend, positively influencing growth of the market. Due to the increasing awareness of hair and skin-related problems caused by artificial hair products for hair care and hair styling products, the demand for natural and organic hair products is extensive among the consumers. Organic hair products include ingredients such as plant extracts, natural oils, aloe vera, sea salt, charcoal, coconut oil, argan oil, and moringa oil, among others. Such ingredients are proven to be beneficial for hair care for a long duration. Vendors offering organic hair products strictly adhere to high purity standards of the ingredients used in the products and these standards are set by various governing bodies of different countries. Key Challenge- The availability of counterfeit products is a major challenge to the market growth. Low price points of counterfeit products branded products are driving its sales. Growing adoption of counterfeit products affects the volume sales and pricing strategies of genuine vendors. To overcome the threat of counterfeit products, genuine vendors are compelled to price their hair products at low price points. Due to this, their profit margins and the value sales proportion decline drastically. Therefore, the presence of counterfeit products across the global market is expected to limit the market growth, during the forecast period. Drivers, & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a  sample report! The hair products market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects. Why Buy? Grow your profit margin with Technavio- Buy the Report What are the key data covered in this Hair Products Market report? CAGR of the market during the forecast period Detailed information on factors that will drive the growth of the Hair Products Market between 2023 and 2027 Precise estimation of the size of the Hair Products Market size and its contribution to the market in focus on the parent market Accurate predictions about upcoming trends and changes in consumer behavior Growth of the Hair Products Market industry across Europe, APAC, North America, South America, and Middle East and Africa A thorough analysis of the market's competitive landscape and detailed information about vendors Comprehensive analysis of factors that will challenge the growth of Hair Products Market vendors Gain instant access to 17,000+ market research reports. Related Reports: The hair loss treatment products market is estimated to grow by USD 2,216.5 million at a CAGR of 4.6% between 2022 and 2027. This report extensively covers market segmentation by product type (vitamins and supplements, shampoos and conditioners, and others), gender (men, women, and children), and geography (APAC, North America, Europe, South America, and Middle East and Africa). The rising hair-related issues among consumers are notably driving market growth. The  hair styling products market  is estimated to grow at a CAGR of 5.6% between 2022 and 2027. The size of the market is forecast to increase by USD 5,331.45 million. This report extensively covers market segmentation by type (HCGP, hair styling spray, and dry shampoo), distribution channel (offline and online), and geography (Europe, North America, APAC, South America, and the Middle East and Africa). The innovation and portfolio extension leading to product premiumization are notably driving the market growth. Hair Products Market Scope Key companies profiled Amway Corp., Colgate Palmolive Co., Coty Inc., Flora and Curl Ltd., Godrej Consumer Products Ltd., Henkel AG and Co. KGaA, John Paul Mitchell Systems, Johnson and Johnson, Kao Corp., LOreal SA, NATULIQUE Ltd., Natura and Co Holding SA, OUAI Hair Care, Pai Shau Inc., Revlon Inc., Shiseido Co. Ltd., ST. TROPICA Inc., The Estee Lauder Companies Inc., The Procter and Gamble Co., and Unilever PLC Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Table of Contents Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million) Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million) Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%) Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%) 4 Historic Market Size Exhibit 18: Historic Market Size – Data Table on global hair products market 2017 - 2021 ($ million) 4.2 Distribution Channel Segment Analysis 2017 - 2021 Exhibit 19: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million) 4.3 Product Segment Analysis 2017 - 2021 Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million) 4.4 Geography Segment Analysis 2017 - 2021 Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million) 4.5 Country Segment Analysis 2017 - 2021 Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million) 5 Five Forces Analysis 6 Market Segmentation by Distribution Channel 6.1 Market segments Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%) 6.2 Comparison by Distribution Channel Exhibit 32: Chart on Comparison by Distribution Channel Exhibit 33: Data Table on Comparison by Distribution Channel 6.3 Offline - Market size and forecast 2022-2027 Exhibit 34: Chart on Offline - Market size and forecast 2022-2027 ($ million) Exhibit 35: Data Table on Offline - Market size and forecast 2022-2027 ($ million) Exhibit 36: Chart on Offline - Year-over-year growth 2022-2027 (%) Exhibit 37: Data Table on Offline - Year-over-year growth 2022-2027 (%) 6.4 Online - Market size and forecast 2022-2027 Exhibit 38: Chart on Online - Market size and forecast 2022-2027 ($ million) Exhibit 39: Data Table on Online - Market size and forecast 2022-2027 ($ million) Exhibit 40: Chart on Online - Year-over-year growth 2022-2027 (%) Exhibit 41: Data Table on Online - Year-over-year growth 2022-2027 (%) 6.5 Market opportunity by Distribution Channel Exhibit 42: Market opportunity by Distribution Channel ($ million) Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ million) 7 Market Segmentation by Product 7.1 Market segments Exhibit 47: Data Table on Comparison by Product 7.3 Hair care products - Market size and forecast 2022-2027 Exhibit 48: Chart on Hair care products - Market size and forecast 2022-2027 ($ million) Exhibit 49: Data Table on Hair care products - Market size and forecast 2022-2027 ($ million) Exhibit 50: Chart on Hair care products - Year-over-year growth 2022-2027 (%) Exhibit 51: Data Table on Hair care products - Year-over-year growth 2022-2027 (%) 7.4 Hair styling products - Market size and forecast 2022-2027 Exhibit 52: Chart on Hair styling products - Market size and forecast 2022-2027 ($ million) Exhibit 53: Data Table on Hair styling products - Market size and forecast 2022-2027 ($ million) Exhibit 54: Chart on Hair styling products - Year-over-year growth 2022-2027 (%) Exhibit 55: Data Table on Hair styling products - Year-over-year growth 2022-2027 (%) 7.5 Market opportunity by Product Exhibit 56: Market opportunity by Product ($ million) Exhibit 57: Data Table on Market opportunity by Product ($ million) 8 Customer Landscape Exhibit 62: Data Table on Geographic comparison 9.3 Europe - Market size and forecast 2022-2027 Exhibit 63: Chart on Europe - Market size and forecast 2022-2027 ($ million) Exhibit 64: Data Table on Europe - Market size and forecast 2022-2027 ($ million) Exhibit 65: Chart on Europe - Year-over-year growth 2022-2027 (%) Exhibit 66: Data Table on Europe - Year-over-year growth 2022-2027 (%) 9.4 APAC - Market size and forecast 2022-2027 Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ million) Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million) Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%) Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%) 9.5 North America - Market size and forecast 2022-2027 Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million) Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million) Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%) Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%) 9.6 South America - Market size and forecast 2022-2027 Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million) Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million) Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%) Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%) 9.7 Middle East and Africa - Market size and forecast 2022-2027 Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million) Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million) Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%) Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%) 9.8 US - Market size and forecast 2022-2027 Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million) Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million) Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%) Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%) 9.9 China - Market size and forecast 2022-2027 Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ million) Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ million) Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%) Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%) 9.10 Germany - Market size and forecast 2022-2027 Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million) Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million) Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%) Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%) 9.11 UK - Market size and forecast 2022-2027 Exhibit 95: Chart on UK - Market size and forecast 2022-2027 ($ million) Exhibit 96: Data Table on UK - Market size and forecast 2022-2027 ($ million) Exhibit 97: Chart on UK - Year-over-year growth 2022-2027 (%) Exhibit 98: Data Table on UK - Year-over-year growth 2022-2027 (%) 9.12 Canada - Market size and forecast 2022-2027 Exhibit 99: Chart on Canada - Market size and forecast 2022-2027 ($ million) Exhibit 100: Data Table on Canada - Market size and forecast 2022-2027 ($ million) Exhibit 101: Chart on Canada - Year-over-year growth 2022-2027 (%) Exhibit 102: Data Table on Canada - Year-over-year growth 2022-2027 (%) 9.13 Market opportunity by geography Exhibit 103: Market opportunity by geography ($ million) Exhibit 104: Data Tables on Market opportunity by geography ($ million) 10 Drivers, Challenges, and Trends 10.1 Market drivers Exhibit 105: Impact of drivers and challenges in 2022 and 2027 10.4 Market trends 11.3 Landscape disruption 11.4 Industry risks About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact