Global Hair Grooming Products Market- Overview
It is estimated for the global Hair Grooming Products Market to witness growth at a CAGR of 6.1% during the forecast period of 2022 to 2030. The market witnessed growth at a CAGR of 4.8% during the previous forecast period of 2018 to 2021. Hair care is important for not only our appearance, but also for our overall hygiene. Having healthy hair allows us to look our best and ensure our hair and scalp is healthy. It is important to visit a reputable salon and utilize quality hair care products to ensure your hair is as healthy as possible.
Global Hair Grooming Products Market- Growth Factors
Shifting consumer preference for organic and natural hair products are the factors that are driving the growth of the market during the forecast period. Increasing consciousness about physical appearance coupled with growing purchasing power in the developing economies including China, Brazil, and India is also boosting the growth of the market during the forecast period. The rising female participation in the corporate sector on a global level is also an important factor that is estimated to boost the growth of the market during the forecast period. The growing popularity of online makeup tutorials and social media has been propelling the growth of facial makeup products over the world and is also a factor that is estimated to foster the growth of the market during the forecast period. Manufacturers have been strengthening their position and expanding product lines through mergers and acquisitions and product innovation. This strategy by the market players is estimated to bring immense growth to the market.
Global Hair Grooming Products Market - Market Trends
Increasing consciousness about physical appearance coupled with growing purchasing power in the developing economies including China, Brazil, and India is boosting the growth of the market during the forecast period.
The growing popularity of online makeup tutorials and social media has been propelling the growth of facial makeup products over the world and is also a factor that is estimated to foster the growth of the market during the forecast period.
Manufacturers have been strengthening their position and expanding product lines through mergers and acquisitions and product innovation. This strategy by the market players is estimated to bring immense growth to the market.
Global Hair Grooming Products Market Segmentation
The global hair grooming products market is segmented based on product type, distribution channel type and end use type.
Based on product type, the market is segmented into,
Shampoo
Conditioner & Mask
Hair Oil
Hair Gels
Hair Color
Others
Based on distribution channel type, the market is segmented into,
Supermarket
Hypermarket
Specialty Stores
Convenience Stores
Online
Others
Based on end use type, the market is segmented into,
Men
Women
Global Hair Grooming Products Market Regional Analysis
It is estimated for the region of Asia Pacific to drive the growth of the market during the forecast period. The growing in the technological advancements in the food sector in the region is estimated to foster the growth of the market during the forecast period. The region of Europe is estimated to witness growth at a healthy rate during the forecast period. The US region is also estimated to witness a notable growth rate in the market.
Global Hair Grooming Products Market Key Market players
Unilever plc, Procter Gamble Co., LOral S.A., Avon Products Inc., Revlon Inc., Aveda Corporation, Amka Products (Pty) Ltd., Johnson & Johnson Pvt. Ltd., Combe Incorporated, Henkel Corporation, The Este Lauder Companies Inc., and Shiseido Company, Limited are some of the major players that are driving the growth of the market during the forecast period.
