Latest News- Hair Care Market: Hair color is expected to lead the Product segment during 2025-2029

The Hair Care Market is being driven by Influence through social media and blogging

The Hair Care Market is expected to grow at a CAGR of 3.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 18281.3 million. In the dynamic hair care market, personalized home salon services have gained considerable traction in major regions such as North America, Europe, and APAC. Over the past decade, the proliferation of app-based salon service providers offering at-home grooming solutions has accelerated. Consumers can now effortlessly book salon services through mobile applications and receive professional makeup artists at their doorstep. Housejoy, a leading home and personal salon service provider based in India, is a prime example. They offer a range of services, including makeup, overall grooming, and spa treatments. Housejoy's extensive offerings include the Monthly Essential Package, Monthly Grooming Package, Tip to Toe Package, Skin Radiance Package, and Summer Skin Package, which aim to increase customer engagement and frequency of service. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Hair color
  • Shampoo
  • Conditioner
  • Others
• Distribution Channel
  • Offline
  • Online
• Geography
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • Canada
    • US
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Influence through social media and blogging
• Increase in demand for male grooming products
• Increasing demand for natural and organic hair care products

However, the market also witnesses some limitations, which are as follows:

• Adverse health effects of chemical or synthetic components used in hair care products
• Growing penetration of home remedies solutions
• Increasing competition from local and unorganized players

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Market Scope in Hair Care Market Research Report

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Research Analysis Overview

In the Hair Care Market, products focusing on Hair Health are in high demand. Damage from various factors such as pollution, heat styling, and chemicals can lead to self-esteem issues and social disconnection. Solutions include Shampoos, Conditioners, Oils, Serums, Liquids, Gels, Creams, and Lotions. Antibacterial materials, Volume enhancement, Controlled release, Stability enhancement, Fiber strengthening, and Fiber thickening are key features. Cervical spondylosis, Corporate workers, Cervical injuries, and Vehicle accidents are common causes of hair damage. Young people, particularly those using Dyes and colors, also benefit from these offerings. The Conditioner market, Shampoo market, and Hair Oils market are significant sectors within this industry. Cosmetic Design plays a crucial role in attracting consumers.

Market Research Overview

The global personal care market encompasses the production and research and development of various personal care products, including shampoos, conditioners, oils, serums, gels, creams, lotions, and more. This market caters to diverse hair types, such as dry, oily, damaged scalp, colored, and curly hair. Factors driving market growth include the rise in disposable income, leading to increased expenditure on premium hair care products, and the growing trend towards vegan keratin and cruelty-free, chemical-free offerings. The market size is determined by the combined revenue generated by manufacturers of these products. Additionally, the market scope extends to masks, hair wigs and extensions, sex toys, and polarized sunglasses.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/