Global Hair Grooming Industry Market 2017 Expected huge Growth by 2022 Including Opportunities, Strategies, Suppliers, Consumption, Challenges, Revenue, & Forecast

Majority of hair grooming product manufacturers are actively focusing on raising the standards of medical technology in hair care management. Growing consumer awareness and introduction of value-added hair grooming products is facilitating the growth of the global hair grooming market. A recent report by Fact.MR provides in-depth analysis of the global hair grooming market for the forecast period 2017-2022, and offers pragmatic insights to lead market players towards devising & implementing informed strategies.

The scope of FactMR’s report is to analyze the global Hair Grooming Market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Hair grooming product suppliers, manufacturers, and stakeholders in the global market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading magazines and journals pertaining to hair care.

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Hair-grooming refers to the process of maintaining hair and keeping them healthy and nourished. Hair-grooming as generally understood involves hair combing, braiding, brushing, curling, trimming and blow drying. Products such as hail oil, hair gel and hair spray are commonly for hair grooming.

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. Growing popularity of organic and herbal products is also 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 and 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. The hair grooming market is predicted to grow from under US$ 80 billion in 2017 to almost US$ 95 billion in 2022 witnessing a CAGR of 3.5%.

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 1/3rd 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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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 1/3rd 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.

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

3.1.3. Conditioner Hair Grooming Market Size and Forecast, 2012-2022. 23

3.1.3.1. Revenue (US$ Mn) Comparison, By Region. 23

3.1.3.2. Market Share Comparison, By Region. 25

3.1.3.3. Y-o-Y growth Comparison, By Region. 25

3.1.4. Hair Styling Products Hair Grooming Market Size and Forecast, 2012-2022. 26

3.1.4.1. Revenue (US$ Mn) Comparison, By Region. 26

3.1.4.2. Market Share Comparison, By Region. 28

3.1.4.3. Y-o-Y growth Comparison, By Region. 28

3.1.5. Hair Color Hair Grooming Market Size and Forecast, 2012-2022. 29

3.1.5.1. Revenue (US$ Mn) Comparison, By Region. 29

3.1.5.2. Market Share Comparison, By Region. 31

3.1.5.3. Y-o-Y growth Comparison, By Region. 31

Continued……………………..

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