Global Professional Hair Care Market

Global Professional Hair Care Market Size, Share, Growth Analysis, By Product(Hair Coloring, Shampoo), By Distribution Channel(Hypermarket, Salon) - Industry Forecast 2024-2031

Report ID: SQMIG30L2214 | Region: Global | Published Date: March, 2024
Pages: 198 | Tables: 67 | Figures: 65

Global Professional Hair Care Market Dynamics

Professional Hair Care Market Drivers

Rising Beauty and Grooming Consciousness

  • Increasing awareness and consciousness about personal grooming and appearance are driving the demand for professional hair care products and services.

Fashion and Celebrity Influence

  • Celebrity endorsements, fashion trends, and social media play a significant role in influencing consumer choices, encouraging them to seek salon-quality hair care solutions.

Professional Hair Care Market Restraints

Regulatory Challenges

  • Stringent regulations regarding ingredient safety and testing can pose challenges for product development and launch, leading to delays and increased costs.

Price Sensitivity

  • Economic fluctuations and consumers' price sensitivity can impact the demand for higher-priced professional hair care products, particularly in price-sensitive markets.
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Professional Hair Care Market size was valued at USD 21.20 million in 2022 and is poised to grow from USD 22.46 million in 2023 to USD 35.70 million by 2031, growing at a CAGR of 5.96% in the forecast period (2024-2031).

The competitive landscape of the global professional hair care market is a dynamic terrain characterized by intense rivalry and strategic maneuvers among key players. Established industry giants, including L'Oréal Group, Procter & Gamble, Henkel AG & Co. KGaA, and Unilever, exert significant influence, leveraging their extensive product portfolios, robust distribution networks, and brand recognition to maintain dominance. These industry titans engage in multifaceted strategies to fortify their positions, encompassing product innovation, partnerships, acquisitions, and geographical expansions. A keen focus on research and development drives the introduction of advanced formulations and cutting-edge technologies, catering to evolving consumer preferences. The market is further enriched by a growing influx of niche and boutique brands that emphasize organic, sustainable, and personalized offerings, appealing to discerning consumers seeking tailored solutions. This dynamism has instigated a wave of innovation and creativity, revitalizing the market's landscape. 'L'Oréal Group (France)', 'Procter & Gamble (USA)', 'Henkel AG & Co. KGaA (Germany)', 'Unilever (UK/Netherlands)', 'Estée Lauder Companies Inc. (USA)', 'Kao Corporation (Japan)', 'Revlon Inc. (USA)', 'Coty Inc. (USA)', 'Shiseido Company, Limited (Japan)', 'Amway Corporation (USA)'

Increasing awareness and consciousness about personal grooming and appearance are driving the demand for professional hair care products and services.

Sustainable and Organic Formulations: The professional hair care market is witnessing a growing shift towards sustainable and organic formulations. Consumers are increasingly seeking products with natural ingredients and eco-friendly packaging, driving brands to develop environmentally conscious offerings.

The Asia-Pacific region emerges as a beacon of heightened allure within the global landscape. With a pronounced presence, Asia-Pacific commands the largest market share and is poised to maintain this ascendancy even further, projecting to dominate the market by 2030. Asia-Pacific's professional hair care market expansion is underpinned by an intricate interplay of factors. Shifting hair fashion trends, a rapid upswing in disposable income, population growth, and environmental challenges, particularly air pollution, converge to propel its growth trajectory. This region creates an opportune environment for shampoo and hair coloring product manufacturers to foster substantial client bases. The proliferation of professional hair care product usage in developed nations and the mounting embrace of organic components enhance the prospects for cultivating a robust consumer following.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Global Professional Hair Care Market

Report ID: UCMIG30L2121 | Region: Global | Published Date: March, 2024 | Pages: 165 | Tables: Figures:

Deodorizer Bags Market
Buy Now GET FREE SAMPLE
Global Professional Hair Care Market

Report ID: SQMIG30L2058 | Region: Global | Published Date: March, 2024 | Pages: 165 | Tables: 150 | Figures: 82

Global Beauty Tech Market
Buy Now GET FREE SAMPLE
Global Professional Hair Care Market

Report ID: UCMIG30L2163 | Region: Global | Published Date: March, 2024 | Pages: 165 | Tables: Figures:

Sensitive Skin Care Products Market
Buy Now GET FREE SAMPLE
Global Professional Hair Care Market

Report ID: SQMIG30L2141 | Region: Global | Published Date: March, 2024 | Pages: 278 | Tables: 106 | Figures: 76

Global Functional Cosmetic Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Professional Hair Care Market

Product ID: SQMIG30L2214

$5,300
BUY NOW GET FREE SAMPLE