Hair Grooming Market Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2017-2022

Posted on 2018-03-14 by Mark Hub in Retail // 0 Comments

Fact.MR

Dublin 2, Ireland, 2018-Mar-14 — /EPR Network/ — A fresh study, covering “Hair Grooming Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been broadcasted to wide online repository of Fact MR, which presents deep focus on the Retail & Consumer Goods Market. This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the “Hair Grooming Market”.

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The global hair grooming market is growing at a modest pace and the trend is likely to continue over the next couple of years. Desires of lustrous, healthy and smooth hair is driving the global sales of hair grooming products. Further, growing popularity of organic and herbal products is influencing the purchase decisions of a large number of customers across the globe. Increased emphasis on formulation of more efficient hair grooming products is likely to influence the market as well. In addition, heavier investments are being made in research & development pipelines in order to enhance the functionality of these products and also to develop new hair grooming products. The aforementioned factors are expected to make a collective impact on the overall growth of the global hair grooming market during the forecast period. According to the latest report published by Fact.MR, the global market for hair grooming will witness a CAGR of 3.5% between 2017 and 2022 to reach a valuation of US$ 94,913 Mn.

Target the ‘Fashion Conscious’ with Hair Styling and Hair Colouring Products

For the fashion conscious among us, hair styling products seem like the perfect match. This highly important customer demographic is a trendsetter and is easily able to pull the entire hair grooming market in a particular direction. The hair styling segment is forecast to grow by nearly US$ 3 billion dollars from 2017-2022 and cross US$ 14 billion in 2022 – recording a CAGR of 4.6%. Even hair colouring products can be demanded by this demographic for the reasons mentioned above. Another important section of the hair grooming market for hair colouring products is senior citizens. Both these groups should ensure that hair colouring is a market opportunity of US$ 10 billion by 2022. Unsurprisingly, APEJ comprises the maximum share of both and its contribution is more than 1/3^rd in both cases.

Shampoos and Hair Oil Perfect Combo in Hair Grooming Market

The shampoo and hair oil segment had a combined revenue share of more than 50% in the hair grooming market. The shampoo segment is anticipated to be worth approx. US$ 31 billion in 2022 and grow with a CAGR of 2.9% from 2017-2022. The hair oil segment is poised to be worth roughly US$ 15.3 billion in 2017 and grow by US$ 2 billion during the course of the study period. APEJ with its large, young, and increasingly affluent population, represents the largest market for both shampoos and hair oils. The region contributes more than 1/3^rd in terms of revenue share in the hair grooming market and key stakeholders can only ignore this dynamic region at their own peril.

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Table of Content:

Chapter 1. Global Hair Grooming Market – Executive Summary. 11

Chapter 2. Global Hair Grooming Market Overview. 13

2.1. Introduction. 13

2.1.1. Global Hair Grooming Market Taxonomy. 13

2.1.2. Global Hair Grooming Market Definition. 13

2.2. Global Hair Grooming Market Size (US$ Mn) and Forecast, 2012-2022. 14

2.2.1. Global Hair Grooming Market Y-o-Y Growth. 14

2.3. Global Hair Grooming Market Dynamics. 14

2.3.1. Drivers. 14

2.3.2. Restraints. 15

2.3.3. Trends. 15

2.4. Supply Chain. 15

2.5. Cost Structure. 15

2.6. Key Participants Market Presence (Intensity Map) By Region. 16

Chapter 3. Global Hair Grooming Market Analysis and Forecast By Product Type. 17

3.1. Global Hair Grooming Market Size and Forecast By Product Type, 2012-2022. 17

3.1.1. Shampoo Hair Grooming Market Size and Forecast, 2012-2022. 17

3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 17

3.1.1.2. Market Share Comparison, By Region. 19

3.1.1.3. Y-o-Y growth Comparison, By Region. 19

3.1.2. Hair Oil Hair Grooming Market Size and Forecast, 2012-2022. 20

3.1.2.1. Revenue (US$ Mn) Comparison, By Region. 20

3.1.2.2. Market Share Comparison, By Region. 22

3.1.2.3. Y-o-Y growth Comparison, By Region. 22

Continued….

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