Industry Outlook 2023-2028

IMARC Group’s latest research report, titled “Hair Care Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the global hair care market size. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global hair care market size reached US$ 82.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 107.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.4% during 2023-2028. Haircare refers to cosmetic care products and services that enhance the appearance of hair to make it look healthy, clean and stylish. It involves the utilization of different products to improve the overall texture of the hair. Various hair treatments, such as keratin, anti-dandruff, anti-hair fall, smoothening, and coloring, are also gaining widespread prominence among the masses.

Global Hair Care Market Trends:

The market is primarily driven by the increasing incidences of hair fall among individuals. This, along with the rising air pollution levels across the globe and the growing adoption of personal grooming practices among the masses, is positively influencing the market growth. Furthermore, continually improving the living standards of the masses and their inflating disposable income levels are significantly contributing to market growth. Moreover, the increasing influence of social media platforms and celebrity endorsements are creating a positive outlook for the market. Additionally, a considerable shift towards the adoption of organic and chemical-free products is providing an impetus to market growth.

Key Players Included in Global Hair Care Market Research Report:

The report has also analyzed the competitive landscape of the market, with some of the key players being KAO Group, L’Oréal USA, Inc., The Procter & Gamble (P&G) Company, Unilever PLC, and Johnson & Johnson, Inc.

• KAO Group
• L’Oréal USA, Inc.
• The Procter & Gamble (P&G) Company
• Unilever PLC
• Johnson & Johnson, Inc.

Also Read Full Blog: Top Hair Care Companies in World

COVID-19 Impact Overview:

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Key market segmentation:

Our report has categorized the market based on distribution channel and product type.

Distribution Channel:

• Supermarkets and Hypermarkets
• Specialty Stores
• Convenience Stores
• Online Retailers
• Others

Product Type:

• Shampoo
• Hair Color
• Conditioner
• Hair Styling Products
• Others

At present, shampoo represents one of the most popular products.

 Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

On the geographical front, North America enjoys the leading position in the market on account of the high per capita incomes and the easy availability of innovative products.

TOC for the Hair Care Market Research Report:

• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Hair Care Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

Report Coverage:

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