Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 33.54 Billion | USD 48.99 Billion | CAGR at 4.30% | 2023 |
According to the report published by Zion Market Research, the global Professional Hair Care Products Market size was valued at USD 33.54 Billion in 2023 and is predicted to reach USD 48.99 Billion by the end of 2032. The market is expected to grow with a CAGR of 4.30% during the forecast period. The report analyzes the global Professional Hair Care Products Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Professional Hair Care Products Market industry.
Beauty and personal care industry includes hair care, skin care, cosmetics, oral care, toiletries, and others. Increasing sophistication among the individuals and growing disposable income has transformed the buying patterns of the consumers. Rising concerns for hair protection has led to the development of a wide range of professional hair care products in the market. These products are designed so as to provide maximum care to the hair and to cater to the various requirements of the consumers.
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The global professional hair care products market is segmented into its product type, distribution channels, and geography.
On the basis of product type, the market is divided into shampoos, conditioners, hair serums, hair colorants, hair sprays, hair masks and others.
Based on the distribution channel, the market is segregated into salons and spas, online or web shopping stores, hypermarkets and supermarkets, specialty stores, and others.
Based on the regional analysis, the market is diversified into North America, Asia Pacific, Latin America, the Middle East and Africa, and Europe.
Factors such as growing disposable income of consumers, increased consumer spending on personal care products, and rising number of hair salon services across the globe are the major drivers of the professional hair care products market. Furthermore, introduction of highly specialized products in hair colorant and shampoo category is expected to boost the market demand. However, less accessibility to professional hair care products and high prices of the products are some of the restraining factors to the market growth.
Report Attributes | Report Details |
---|---|
Report Name | Professional Hair Care Products Market Research Report |
Market Size in 2023 | USD 33.54 Billion |
Market Forecast in 2032 | USD 48.99 Billion |
Growth Rate | CAGR of 4.30% |
Number of Pages | 196 |
Key Companies Covered | Kao Group, L’oreal Group, Aveda Corporation, Henkel AG & Co., Unilever Group, Procter & Gamble Co., and PBI Group Inc. |
Segments Covered | By Product type, By Distribution channels and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The largest share in the professional hair care products market is held by North America. Asia Pacific closely follows the growth of North America. Factors such as increasing disposable income, changing consumer buying patterns, and increasing expenditure on personal care products in countries such as China and India is boosting the growth of professional hair care products in this region. A steady growth will be visible in the Middle East and Africa owing to the growth of organized retail industry in this region.
Some of the major companies in the global professional hair care products market include:
By Product type
By Distribution channels
Professional Hair Care Products Market: Regional Segment Analysis
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