According to the most recent report by IMARC Group, titled “Hair Care Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the worldwide hair care market reached a price of US$ 93.8 Billion in 2020. Looking ahead, IMARC Group expects the market to exhibit steady progress throughout 2021-2026. Haircare refers to a subset of non-public care which includes the utilization of assorted merchandise to cleanse, keep and enhance the general look of the hair. These merchandise comprise oils, tonics, masks, gels, sprays, serums, shampoos, and conditioners. At current, main gamers are introducing revolutionary merchandise in keeping with the evolving hair tendencies.
As the novel coronavirus (COVID-19) disaster takes over the world, we’re constantly monitoring the modifications within the markets, in addition to the acquisition behaviors of the customers globally–our estimates in regards to the newest market tendencies and forecast values after contemplating the impression of this pandemic.
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Market Trends:
Inflating revenue ranges, together with the rising adoption of a contemporary method in direction of grooming practices, represents one of many key elements boosting the gross sales of hair care merchandise throughout the globe. Moreover, the launch of personalized merchandise to fulfill specialised shopper wants, together with scalp care, moisturization, injury restore, thermal safety, frizz management, shade retention, and bond-building, are strengthening the market progress. Apart from this, the rising consciousness amongst people about hair-related points on account of local weather change, air air pollution, and different environmental elements, are driving the market. Furthermore, a substantial rise within the demand for sustainable manufacturing and chemical-free merchandise is projected to gas the market progress.
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Key Market Segmentation:
Competitive Landscape with Key Player:
KAO Group
L’Oréal USA, Inc.
The Procter & Gamble (P&G) Company
Unilever PLC
Johnson & Johnson, Inc
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Specialty Stores
Convenience Stores
Online Retailers
Others
Breakup by Product Type:
Shampoo
Hair Color
Conditioner
Hair Styling Products
Others
Market Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
The Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you want particular data that’s not presently inside the scope of the report, we are able to present it to you as part of the customization.
Related Report:
About Us:
IMARC Group is a number one market analysis firm that provides administration technique and market analysis worldwide. We accomplice with shoppers in all sectors and areas to establish their highest-value alternatives, tackle their most crucial challenges, and remodel their companies.
IMARC’s data merchandise embody main market, scientific, financial and technological developments for enterprise leaders in pharmaceutical, industrial, and excessive know-how organizations. Market forecasts and business evaluation for biotechnology, superior supplies, prescribed drugs, meals and beverage, journey and tourism, nanotechnology and novel processing strategies are on the prime of the corporate’s experience.
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