Shampoo And Hair Care Products Market that anyone has are dandruff, dry and itchy scalp, hair loss, and dull hair. In the United States, there are 30 million women who experience hereditary hair loss, and they spend more money on hair and scalp care products than ever before, according to a report from the American Academy of Dermatology.
The demand for nourishing products, such as masks, has been driven by growing concerns about the negative effects of pollution, excessive use of hair straighteners and curlers, increased exposure to ultraviolet sun rays, and frequent use of shampoos with harsh chemicals on one’s hair. As a remedy for damaged and frizzy hair, hair masks have grown significantly in popularity, which is expected to be positive for market expansion.
With a CAGR of 8.0% over the forecast period, China is one of the key nations boosting the growth of the global market in terms of consumption and production. The main factor causing the growth at the national level is the high concentration of manufacturers, including major players like L’Oreal.
The elderly population has also grown significantly around the world over the past few years. Data from World Population Prospects for 2019 show that the population over the age of 60 is growing more quickly than any other age group. Worldwide market opportunities for white and grey hair products have been created by this age group.
The anti-dandruff market had the largest share—more than 35.0%—in 2020, and it is anticipated that it will continue to dominate during the forecast period. In the world’s adult population as a whole, dandruff affects roughly 50% of people, according to an Everyday Health article from December 2020. Due to the high level of treatment concern among consumers, many companies have been creating new anti-dandruff products. For instance, St Botanica introduced shampoos and conditioners suitable for every hair type with the launch of its “Go Range” in the hair care market in January 2021, including GO Curls Shampoo, GO Purple Shampoo, and GO Anti-Dandruff Shampoo. This line’s newly released anti-dandruff shampoo makes the claim that it is suitable for flaky scalps because it contains Ichthyol.
Global Shampoo And Hair Care Products Market: Major Players
Johnson & Johnson Services, Inc.
Natura & Co.
Henkel AG & Co. KGaA
Procter & Gamble
Global Shampoo And Hair Care Products Market: Types
Hair Styling Products
Global Shampoo And Hair Care Products Market: Applications
The demand for specialised hair care products is being driven by rising consumer concerns about scalp health and issues with hair thinning, hair loss, dandruff, and sensitive scalps. The market is also being strongly driven by consumer preferences for professional-recommended hair care products. Consumer demand for hair styling products combined with fashion trends is accelerating salon hair care sales. One of the main concerns for people today is the rising demand for organic and natural personal care products. Due to their widespread use, conditioners and shampoos accounted for the majority of the organic hair care market in 2020. Organic hair oils that fight dandruff are also anticipated to grow quickly during the forecast period.
The market for hair care includes goods that help consumers with their hair issues. Shampoos, conditioners, hair oils, hair sprays, and other products are sold in the market for hair care products through distribution channels like supermarkets and hypermarkets, specialty shops, convenience stores, online retailers, and other distribution channels. Sales of hair care products that come highly recommended by stylists are increasing as a result of consumers’ increasing scalp issues. The market is divided into regions based on geography: North America, Europe, Asia-Pacific, South America, Middle East, and Africa. For each of the aforementioned segments, the report provides market size and forecasts in US dollars million.