According to a new market report by Lucintel, the future of the hair care market looks promising with opportunities in supermarkets & hypermarkets, convenience stores, and online sale markets. The global hair care market is expected to grow with a CAGR of 4% from 2021 to 2026. The major drivers for this market are growing aging population base, increasing air pollution, and growing demand for organic and natural hair care products.
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In this market, hair spray, conditioner, shampoo, and hair oil are the various product types, which are used for hair care. Lucintel forecasts that hair oil will remain the largest product type segment due to its daily use, consumer awareness of hair care, and increasing air pollution.
Within the hair care market, supermarkets & hypermarkets will remain the largest distribution channel segment during the forecast period due to changes in living standard and shift in consumers’ buying behavior.
Asia Pacific will remain the largest region during the forecast period due to increasing disposable income, launch of innovative hair care products, and increasing consumer awareness.
L’Oreal, Unilever, Goody Products, CONAIR, Henkel, Aveda Corp, REVLON, Kao Brands, Avon Products, and Neutrogena are among the major hair care manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global hair care market by product type, type, distribution channel, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Hair Care Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global hair care market by product type, type, distribution channel, and region as follows:
By Product Type [$M shipment analysis for 2015 – 2026]:
Hair Spray
Conditioner
Shampoo
Hair Oil
Others
By Type [$M shipment analysis for 2015 – 2026]:
By Distribution Channel [$M shipment analysis for 2015 – 2026]:
Retail Sale
Supermarkets & Hypermarkets
Convenience Stores
Online Sale
Others
By Region [$M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.