Hair Grooming Market by Product Type, With Production, Revenue, Price, Market Share and Growth Rate, Analysis & Forecast by 2022

Posted on 2018-03-27 by Mark Hub in Retail // 0 Comments

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Rockville, US, 2018-Mar-27 — /EPR Network/ — FACT.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Hair Grooming Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been added to the wide online database of FACT.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global hair grooming market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2022.

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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.

Market Conditioners with Shampoos to Spur Sales in hair grooming market

Conditioners are typically used after shampoos and they can be effectively marketed by companies if their benefits are explained accordingly. With a revenue share of 18% in the product type segment of the hair grooming market, conditioners have a substantial opportunity that should be tapped accordingly. With a higher CAGR than the shampoo segment at 3.9% for 2017-2022, the conditioner segment could be worth more than US$ 16 billion by the end of the five-year period. While APEJ has the maximum regional contribution and is estimated to remain so, manufacturers would do well to focus on North America as the region has a well-developed grooming industry that is one of the largest in the world.

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.

Supermarkets/Hypermarkets Dominate the Hair Grooming Market

In terms of distribution channels, supermarkets/ hypermarkets account for just over half the hair grooming market. With a CAGR of 3.2% from 2017-2022, the supermarket/ hypermarket segment is estimated to be worth approx. US$ 44 billion in 2022 from slightly over US$ 37 billion in 2017. The rapid economic growth in the APEJ region for the last decade or so has led to a proliferation of supermarkets in this strategic region that hair grooming product companies must take note of.

Competition Tracking

The Estée Lauder Companies Inc, Avon Products, Inc., The Procter & Gamble Company, L’Oréal S.A, Unilever PLC, Revlon, Inc, Henkel AG & Co. KGaA, Kao Corporation and Johnson & Johnson are profiled as key companies that will remain active in expansion of global market for hair grooming products.

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Table of Contents:

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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