Global Premium Hair Care Market Size to Hit USD 34.77 Billion by 2030 | CAGR of 6.4%


Global Premium Hair Care Market size is expected to grow from USD 21.17 Billion in 2022 to USD 34.77 Billion by 2030, at a CAGR of 6.4% during the forecast period (2023-2030).

Premium_Hair_Care_Market

Market Overview: Premium Hair Care Market

The premium hair care market has witnessed robust growth over recent years, driven by evolving consumer preferences, rising disposable incomes, and the increasing awareness regarding the benefits of premium-quality hair care products. This market segment comprises a range of products, including shampoos, conditioners, hair oils, serums, masks, and styling products, among others. Premium hair care products are characterized by their superior quality ingredients, innovative formulations, and targeted solutions for various hair concerns such as damage repair, hair fall control, scalp health, and color protection. Consumers are increasingly inclined towards investing in premium hair care products that offer effective results and address specific hair care needs.

Key Prominent Players In The Premium Hair Care Market:

Procter & Gamble Company (U.S.), Revlon, Inc. (U.S.), Aveda Corp. (U.S.), Johnson & Johnson (U.S.), The Estee Lauder Companies (U.S.), Alcora Corp. (U.S.), John Masters Organic (U.S.), Ouai (U.S.), Briogeo (U.S.), Living Proof, Inc. (U.S.), Beiersdorf Group (Nivea) (Germany), Henkel Ag & Co. Kgaa (Germany), L’oreal S.A. (France), Unilever (Netherlands), Dabur India (India), Marico Ltd. (India), Shiseido Company (Japan), Kao Corp. (Japan) and Other Major Players

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Market Dynamics and Factors:

Market Driver: Increasing Consumer Awareness and Demand for Quality

One of the primary drivers propelling the growth of the premium hair care market is the increasing consumer awareness and demand for quality products. Consumers are becoming more informed about the ingredients used in hair care products and are willing to invest in products that offer genuine benefits and superior results. The growing emphasis on natural and organic ingredients, along with the avoidance of harmful chemicals such as sulfates, parabens, and silicones, is driving the demand for premium hair care products that prioritize safety, efficacy, and sustainability. Moreover, endorsements by hairstylists, influencers, and celebrities contribute to creating awareness and influencing purchase decisions among consumers.

Market Opportunity: Expansion in Emerging Markets

A significant opportunity for growth in the premium hair care market lies in expanding into emerging markets characterized by a growing middle-class population, increasing urbanization, and rising disposable incomes. Countries in Asia-Pacific, Latin America, and Africa present lucrative opportunities for market players to introduce premium hair care products tailored to local preferences and hair types. By understanding and addressing the unique needs and preferences of consumers in these regions, companies can capitalize on the growing demand for premium-quality products and establish a strong foothold in untapped markets. Strategic partnerships, distribution channels, and marketing initiatives targeted towards these regions can facilitate market expansion and growth opportunities for players in the premium hair care segment.

The Report Will Include A Major Chapter

  • Patent Analysis
  • Regulatory Framework
  • Technology Roadmap
  • BCG Matrix
  • Heat Map Analysis
  • Price Trend Analysis
  • Investment Analysis

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Segmentation Analysis of The Premium Hair Care Market

By Types

By Product Type, Shampoo, Dry Shampoo, Hair Colour, Conditioner, Styling Products, Hair Oil

By Demography

Men, Women, Children

By Distribution Channel

Supermarkets & Hypermarkets, Departmental Stores, Specialty Stores, Pharmacy and Drug Store, Online

Regional Analysis:

  •          North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

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Our Premium Hair Care market report ensures accuracy by conducting a precise examination of the industry. We establish a robust foundation for our findings through extensive utilization of primary and secondary sources. To enhance the depth of our evaluation, we employ industry-standard tools such as Porter's Five Forces Analysis, SWOT Analysis, and Price Trend Analysis.

Studying the complete Premium Hair Care market ecosystem, our study elaborates the interdependencies and functions of various market stakeholders. Through extensive segmentation analysis and comprehensive geographical coverage, we facilitate a profound comprehension of regional trends. Furthermore, we carefully analyse external factors that impact market dynamics.

The Study Addresses Key Questions About the Market

* What are the significant trends and dynamics?

* What are projections of the market considering capacity and production?

* Where will the strategic developments take the Premium Hair Care Market in the mid to long term?

* Who are the major players operating in the industry?

* What will the market size and growth rate be over the forecast period?

* What are the recent industry trends businesses can use to generate additional revenue streams?

Table Of Content:

INTRODUCTION

RESEARCH OBJECTIVES

RESEARCH METHODOLOGY

RESEARCH PROCESS

SCOPE AND COVERAGE

  •          Market Definition
  •          Key Questions Answered

MARKET SEGMENTATION

EXECUTIVE SUMMARY

MARKET OVERVIEW

GROWTH OPPORTUNITIES BY SEGMENT

MARKET LANDSCAPE

PORTER’S FIVE FORCES ANALYSIS

  •          Bargaining Power Of Supplier
  •          Threat Of New Entrants
  •          Threat Of Substitutes
  •          Competitive Rivalry
  •          Bargaining Power Among Buyers

INDUSTRY VALUE CHAIN ANALYSIS

MARKET DYNAMICS

  •          Drivers
  •          Restraints
  •          Opportunities
  •          Challenges

MARKET TREND ANALYSIS

REGULATORY LANDSCAPE

PESTLE ANALYSIS

PRICE TREND ANALYSIS

PATENT ANALYSIS

TECHNOLOGY EVALUATION

MARKET IMPACT OF THE RUSSIA-UKRAINE WAR

  •          Geopolitical Market Disruptions
  •          Supply Chain Disruptions
  •          Instability in Emerging Markets

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About IMR Market Reports

Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market.

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Published on

Jan 10, 2024

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