Product ID: UCMIG30L2140
Report ID:
UCMIG30L2140 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
With an initial valuation of USD 8.74 billion in 2019, the global market for natural hair care products has embarked on a journey of anticipated growth, characterized by a steady Compound Annual Growth Rate (CAGR) of 4.7% spanning the years from 2020 to 2027. This upward trajectory is profoundly influenced by shifting consumer preferences towards natural and organic alternatives in the realm of hair care. As individuals become more conscious of the ingredients they apply to their hair, the demand for products infused with botanical extracts and naturally-derived components has surged. This evolution not only reflects a broader trend towards holistic well-being but also underscores the market's potential to meet the evolving needs of health-conscious consumers. As the market continues to flourish, it stands as a testament to the fusion of modern hair care technology with the enduring allure of nature's offerings.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Personal Products by segment aggregation, the contribution of the Personal Products in Household & Personal Products and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG30L2140