Professional Hair Care Market

The global professional hair care market is estimated to be valued at USD 36.18 Bn in 2024, growing at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031. Rising consumer awareness about hair care and protection against environmental damage has driven the demand for professional hair products. Moreover, the increasing spending on personal grooming and styling products among both men and women is also supporting the market growth. Various professional hair care products such as shampoos, conditioners, serums, gels, and hair sprays are now widely available across both offline and online distribution channels. Market players are focused on developing innovative products with natural ingredients that cater to specific hair problems. They are also introducing products suitable for multiple hair types. With growing modern lifestyles and health consciousness, the professional hair care market is expected to continue its positive outlook over the coming years.

 Market Dynamics:

The key factors, such as increasing disposable incomes, growing urbanization, and changing consumer lifestyles & preferences, are fueling the demand for professional hair care products globally. However, high costs of premium hair care products and availability of cheap alternatives may hinder the market growth. On the other hand, the emerging trends of social media marketing and influencer marketing present significant opportunities for marketers to promote their brands and personalized products. The growing e-commerce industry is also expected to offer lucrative opportunities for market expansion. Moreover, rising focus on male-specific grooming and hairstyling products holds potential for future market opportunities.

 Key Features of the Study:

• This report provides an in-depth analysis of the global professional hair care market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global professional hair care market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include L'Oréal Group , Procter & Gamble, Henkel AG & Co. KGaA , Unilever, Estée Lauder Companies Inc., Kao Corporation, Revlon Inc., Coty Inc. , Shiseido Company, Limited , Amway Corporation, Fable & Mane , Aveda Corporation, Avon Products Inc, Johnson & Johnson, Natura & Co., Professional Hair Labs, and PLZ Corp
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global professional hair care market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global professional hair care market.

Detailed Segmentation-

• By Product Type:
  • Hair Coloring
  • Shampoo
  • Styling Agent
  • Straightening & Perming Product
• By Distribution Channel:
  • Business to Business (B2B)
  • Business to Consumer (B2C)
    • Hypermarkets/Supermarkets
    • E-commerce
    • Salons
    • Specialty Stores
    • Others
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Company Profiles:

• L'Oréal Group
• Procter & Gamble
• Henkel AG & Co. KGaA
• Unilever
• Estée Lauder Companies Inc.
• Kao Corporation
• Revlon Inc.
• Coty Inc.
• Shiseido Company, Limited
• Amway Corporation
• Fable & Mane
• Aveda Corporation
• Avon Products Inc
• Johnson & Johnson
• Natura & Co.
• Professional Hair Labs
• PLZ Corp