Hair Grooming Market Growth Rate and Revenue Forecast 2017-2022

Posted on 2019-08-27 by Mark Hub in Industrial // 0 Comments

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.

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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
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

To be Continue………..

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.

Among all the hair grooming products, the shampoo segment will continue to account for the largest share of the market over 2022. This segment is expected to reach a market valuation in excess of US$ 30,426 Mn towards the end of forecast period, reflecting a CAGR of 2.9%. Fact.MR cites that the segment will grow at US$ 814.7 Mn annually over the next five years. Demand for hair oil is also expected to remain strong, especially in APEJ region where hail oil is quite popular among the masses as it has been a traditional hair grooming product.

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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.

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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