Professional Hair Care Market to Grow with a CAGR of 6.8% Globally through 2028
Global Professional Hair
Care Market continues to thrive due to factors such as consumer demand for
specialized solutions, the rising emphasis on sustainability, and the
influential role of social media and digital platforms in shaping consumer
preferences.
According to
TechSci Research report, “Global Professional Hair Care Market - Industry
Size, Share, Trends, Competition Forecast & Opportunities, 2028”,
the Global Professional Hair Care Market stood at USD 20.12 billion in 2022 and
is anticipated to grow with a CAGR of 6.8% in the forecast period, 2024-2028. The
global professional hair care market represents a thriving and dynamic sector
within the beauty and personal care industry, characterized by a diverse range
of products, treatments, and services tailored for professional use in salons
and by hairstyling professionals.
The professional
hair care market encompasses a wide array of products and services designed
specifically for salon use and hairstyling professionals. This includes hair
coloring, styling, treatments, shampoos, conditioners, and specialized hair
care solutions formulated to cater to various hair types, textures, and
concerns.
Browse over 26
market data Figures spread through 189 Pages and an in-depth TOC on
"Global Professional Hair Care Market”
The market
dynamics of professional hair care are influenced by evolving consumer
preferences, technological advancements, innovations in formulations, changing
fashion trends, lifestyle shifts, and the growing demand for salon-exclusive
treatments and products. Consumers worldwide are increasingly inclined toward
professional hair care solutions, seeking salon-grade products and treatments
due to a desire for superior quality, efficacy, and the expertise of
professional stylists. Trends such as personalized hair care, natural and
organic formulations, and sustainability are gaining traction among consumers.
The professional
hair care market exhibits regional variations influenced by cultural
perceptions of beauty, hair care practices, economic factors, consumer spending
patterns, and the presence of established salon networks. Regions such as North
America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa
contribute uniquely to the global market landscape. The professional hair care
market is segmented into various categories, including hair coloring, styling
products, treatments, shampoos, conditioners, and hair care accessories. Each
segment caters to distinct consumer needs, offering specialized solutions for
diverse hair concerns and styling preferences.
Constant
innovation drives the professional hair care market, with brands investing in
research and development to introduce advanced formulations, novel ingredients,
and innovative hair care technologies. The emphasis is on creating products
that address specific hair issues while aligning with consumer demands for
efficacy and safety. The market thrives on the presence of an extensive salon
infrastructure comprising salons, spas, and professional hairstyling outlets.
The demand for salon-exclusive services, expert consultations, and specialized
treatments significantly contributes to the market's growth.
Technological
advancements play a crucial role in the professional hair care sector,
facilitating the development of advanced hair care tools, devices, and products
that enhance styling capabilities, efficiency, and effectiveness in addressing
various hair concerns. Brand marketing strategies, including collaborations
with influencers, celebrities, and professional stylists, heavily influence
consumer purchasing behavior and brand loyalty. Endorsements, testimonials, and
social media campaigns play a vital role in promoting professional hair care
products and services.
Increasing
consumer awareness of sustainability drives the incorporation of eco-friendly
practices, natural ingredients, and ethical sourcing in professional hair care
formulations. Brands are aligning with sustainable practices to meet consumer
expectations for environmentally conscious products.
Challenges
within the professional hair care market include intense competition, stringent
regulatory standards, economic fluctuations, and the need for continuous
innovation. However, these challenges present opportunities for brands to
innovate, expand product portfolios, and penetrate emerging markets.
Global events
such as economic changes, environmental concerns, and the COVID-19 pandemic
have impacted the professional hair care market. Shifts in consumer behavior,
changes in salon operations, and a surge in online sales have redefined market
strategies and operational models. The future of the global professional hair
care market is poised for growth, driven by evolving consumer preferences,
technological advancements, sustainability initiatives, and the rising demand
for specialized and personalized hair care solutions. Anticipated trends
include continued emphasis on natural ingredients, digitalization of salon
experiences, and the convergence of beauty and wellness.
The global professional
hair care market is segmented into type, application, distribution channel, regional,
and company.
Based on the type, hair colouring segment emerged as
the dominant player in the global professional hair care market. The complexity
of hair coloring techniques often requires professional expertise and guidance.
Consumers rely on skilled hairstylists and salon professionals for expert
advice, specialized treatments, and quality assurance, contributing
significantly to the segment's dominance as consumers seek salon-exclusive
coloring solutions.
Based on
region, North America has a significant share of the global professional hair
care market. Consumers in North America exhibit a high level of awareness and
education about professional hair care solutions. They actively seek expert
advice, follow evolving trends, and value the expertise of salon professionals,
driving the demand for salon-exclusive products and services.
Major companies
operating in global professional hair care market are:
- L'Oréal
Group
- Henkel AG
& Co.
- Procter
& Gamble Co.
- Unilever
Corporation
- Kao
Corporation
- Aveda
Corporation (Estée Lauder)
- Avon
Products Inc.
- Revlon Inc.
- Tony &
Guy
- Shiseido
Company
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“The global
professional hair care market presents a dynamic landscape characterized by
innovation, evolving consumer preferences, regional variations, technological
advancements, sustainability initiatives, and a strong emphasis on
salon-exclusive products and services. As consumer demands evolve and market
dynamics continue to change, the professional hair care sector remains
resilient, adapting to trends and innovations to meet the diverse needs of
consumers and hairstyling professionals worldwide.” said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based management consulting
firm.
“Professional Hair Care
Market – Global Industry Size, Share, Trends, Opportunity, and Forecast,
Segmented By Type (Hair Colouring, Shampoos, Styling Agent, Straightening and
Perming Agent, and Others), By Application (Business to Business (B2B), and
Business to Consumer (B2C)), By Sales Channel (Supermarkets/Hypermarkets,
Specialty Stores, Salons, Online and Others), By Region, By Competition,
2018-2028, has evaluated the future growth potential of global professional
hair care market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in global professional hair
care market.
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