Authored By: Sarah
31 Oct 2022

Europe Hair Styling Products Market Analysis 2022-2026: 36% of the Growth Rate will Develop From Germany

The hair styling products market share in Europe is expected to grow by USD 1.43 billion, accelerating at a CAGR of 4.87% during the forecast period. Technavio’s research reports offer a detailed analysis of the market segments, delving deep into the factors that will lead to the growth of each segment. It also offers insights that are likely to impact market growth. This comprehensive analysis of the market will enable businesses to identify areas of growth and steer clear of the low-performing segments. Unlock Free Sample Analysis Report

Europe Hair Styling Products Market Analysis 2022-2026: 36% of the Growth Rate will Develop From Germany

Hair Styling Products Market in Europe: Market Segments and Growth Forecasts

Technavio's research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • The hair styling products market in Europe is segmented by Product (HCGP, hair styling spray, and dry shampoo) and Geography (Germany, UK, France, Spain, and Italy).
  • The market growth by the HCGP segment will be significant during the forecast period. The HCGP segment includes hair cream, hair gel, hair pomade, heat protectant, and paste. The growth of the segment is attributed to the factors such as the growing awareness about the product and the increasing demand among the male population for hair styling and grooming products.
  • The presence of many spas will facilitate the hair styling products market growth in Germany. Germany is the key market for hair styling products in Europe. 36% of the market's growth will originate from Germany during the forecast period.
  • The report provides an accurate prediction of the contribution of all the geographic segments to the growth of the hair styling products market size in Europe.

Hair Styling Products Market in Europe: Trends, Drivers, Challenges

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip businesses to design a growth strategy for their business and area of operations.

  • Innovation and portfolio extension leading to product premiumization will be a significant factor in driving the growth of the Hair Styling Products Market in Europe. Growing competition and customer demand for innovative products have led vendors to focus on their R&D operations. Customers usually look for hair styling products that can address concerns pertaining to multiple hair-related issues in minimal time. To meet these customer needs, vendors regularly innovate their product ranges and expand their product lines.
  • The rise in the number of fashion-conscious consumers will be instrumental in driving market growth during the forecast period.
  • The growing demand for natural and organic hair styling products is the major hair styling products market trend in Europe which will positively influence the market value.
  • The availability of counterfeit products is a hurdle that needs to be crossed on the path to success.

Hair Styling Products Market in Europe: Vendor Analysis

The market is fragmented due to the presence of several players. Some of the major hair styling products market vendors in Europe are:

  • Beiersdorf AG
  • Church and Dwight Co. Inc.
  • Henkel AG and Co. KGaA
  • LOreal SA
  • Mandom Corp.
  • Mountain Valley Springs India Pvt. Ltd.
  • Njord
  • The Estee Lauder Co. Inc.
  • The Procter and Gamble Co.
  • Unilever Group

Download the Free PDF Sample Report Technavio's custom reports provide market insights at the global and regional levels along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

Also, know more about the exclusive Hair Styling Products Market in APAC and get more insights into exact growth variance and the Y-O-Y growth rate

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerating at a CAGR of 4.87%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by USD 1.43 billion.

     
  3. What is a key factor driving this market?
    Innovation and portfolio extension leading to product premiumization will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    Germany, the UK, France, Spain, and Italy are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market?
    36% growth will originate from Germany.

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Beiersdorf AG, Church and Dwight Co. Inc., Henkel AG and Co. KGaA, LOreal SA, Mandom Corp., Mountain Valley Springs India Pvt. Ltd., Njord, The Estee Lauder Co. Inc., The Procter and Gamble Co., and Unilever Group

     
  7. What are the market segments covered in this report?
    The market is segmented by Product (HCGP, hair styling spray, and dry shampoo) and Geography (Germany, UK, France, Spain, and Italy).
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