Professional Haircare Products Market Size to Grow by $ 4.63 bn During 2020-2024
Technavio has been monitoring the professional haircare products market and it is expected to grow by $ 4.63 bn, accelerating at a CAGR of almost 4% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
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Professional Haircare Products Market: APAC to lead market growth during the forecast period
Professional Haircare Products Market: Key Competitors
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Coty Inc., Henkel AG & Co. KGaA, Kao Corp., KOSÉ Corp., L'Oréal SA, Natura & Co., Shiseido Co. Ltd., The Estée Lauder Companies Inc., The Procter & Gamble Co., and and Unilever Group. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
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Professional Haircare Products Market: Key Highlights of the Report for 2020-2024