The hair care products market is expected to project a notable CAGR of 3.68% in 2031.
The Hair Care Products Market will exceed USD 13459.8 Million by 2031 from USD 9377.8 Million in 2021 at a CAGR of 3.68% in the coming years, i.e., 2021-31.
PHILADELPHIA, USA, February 4, 2022 /EINPresswire.com/ — Fatpos Global released a report titled “hair care products market –Global Market Size, Share & Trends Analysis 2020-2021 and Forecast to 2031”, which is expected to reach USD 13459.8 Million by 2031. According to a study by Fatpos Global, the market for hair care products is expected to exceed USD 13,459.8 million by 2031 from USD 9,377.8 million in 2021 at a CAGR of 3.68% in the coming years i.e. 2021-31. The increased use of shampoos, hair oils and hair masks will fuel the growth of the industry over the next ten years. Rising global infrastructure spending is expected to drive demand over the forecast period. In addition to the growth of the industry, the market penetration of hair care products is expected to exceed the expected level. On the other hand, increasing investments by major players in new eco-friendly techniques to produce hair care products will create more opportunities which will result in the growth of the hair care products market over the course of the forecast period.
“Increasing global warming and pollution are damaging hair and people’s busy schedules are not letting them take care of their hair. This has led to a demand for easily applicable hair care products that condition, nourish and protect the hair from further damage.These components are estimated to drive the demand for CBD skincare products during the forecast period,” said a senior analyst at Fatpos Global.
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Note- This sample report includes
• Brief introduction to the research report.
• Table of contents (scope covered within the framework of the study)
• Research methodology
• Key player mentioned in the report
• Presentation of data
• Market taxonomy
• Size and share analysis
• Post-COVID-19 impact analysis
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Hair Care Products Market: Key Players
• L’Oreal SA
• Coty Inc.
• Henkel AG & Co. KGaA
• Unilever APIs
• Procter & Gamble Company
• Revlon Inc.
• Kao Corporation
• Natura & Co.
• Johnson & Johnson
• Endoca LLC
• Aveda Corporation
• Other top players
Hair care products contain chemicals and few of them contain organic ingredients, it is a product that treats and repairs the hair or protects it from damage. The cosmetics industry is booming year by year. People are increasingly aware of the many types of products available in the market to treat their skin and body with care and nourish them with minerals and vitamins. One of these types of products is hair care products. Increase in global warming, increase in pollution and many other such factors cause damage to hair which contributes to the demand for hair care products to provide extra care to repair hair from damage .
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In the new report, Fatpos Global endeavors to present an unbiased analysis of the Hair Care Products Market which covers historical demand data as well as forecast figures for the period, i.e., 2021-2031. The study includes compelling information about the growth seen in the market. The hair care products market is segmented by product type into shampoo, oil, conditioner, hair loss treatment products, styling products, perms and relaxers, and others; By distribution channel in supermarkets, convenience stores, specialty stores, pharmacies and others. Geographically, the market is segmented into North America, Latin America, Europe, Asia-Pacific, Middle East and Africa.
• North America: (United States and Canada)
• Latin America: (Brazil, Mexico, Argentina, rest of Latin America)
• Europe: (Germany, United Kingdom, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
• Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, rest of Asia-Pacific)
• Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)
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Hair Care Products Market Segmentation:
• Hair loss treatment products
• Styling products
• Permanent and relaxing
By distribution channel
• Grocery store
• Specialty stores
Fatpos Global is a consulting and research firm specializing in market research, business services and sourcing. We have trusted advisors to senior executives from leading companies, suppliers and investors. Our firm helps clients improve their operational and financial performance through a practical process that helps them make informed decisions that produce high-impact results and achieve lasting value. Our knowledge and advice enable clients to improve the efficiency, effectiveness, agility and responsiveness of their organization.
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