Hair Care Products Market
                     Hair Care Products Market to Witness a Pronounce Growth During 2018 – 2026
Hair care products help nourish and protect hair, further enhancing its quality and texture. It
provides treatment for split ends, dandruff, and weak and dehydrated hair among various other
hair problems. Increasing hair problems among consumers is  growth of the global hair  care
products market. Increasing number of manufacturers are launching new products to reduce hair
problems. For instance, in January 2017, Unilever plc launched Dove DermaCare Scalp Anti-
dandruff Shampoo. Furthermore, rampant advancements in technology is propelling growth of the
global  hair  care  products  market.  For  instance,  Henkel  Corporation  launched  Schwarzkopf
Professional SalonLab, a digital system for customizing and quantifying hair care experience, in
January 2018. Growing urbanization coupled with increasing beauty consciousness among men is
increasing the demand for grooming products such as hair gels among the male population. This
in  turn is  fuelling  growth of  the hair  care  products  market.  According to  Coherent  Market
Insights, men’s grooming products market was valued at US$ 54.7 billion in 2016 and is expected
to exhibit a CAGR of 8.91% during the forecast period (2017 – 2025). 
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Key players  operating in the global  hair  care  products  market  include Unilever  plc,  Procter
Gamble Co., L’Oreal S.A., Avon Products Inc., Revlon Inc., Aveda Corporation, Amka Products
(Pty) Ltd., Johnson & Johnson Pvt. Ltd., Combe Incorporated, and Henkel Corporation.
Among product type, the shampoo segment held a dominant position in the hair care products
market in 2016 and is expected to retain its dominance over the forecast period. High availability
of specialized products such as herbal shampoo, baby shampoo, anti-dandruff shampoo, gluten-
free shampoo, and shampoo for color treated hair, in turn is fuelling growth of this segment. For
instance, Keranique launched a shampoo for color treated hair, in November 2017 and Unilever
plc launched Dove Baby shampoo in April 2017. Furthermore, dry shampoo is gaining significant
traction due its advantages such as increased ease and convenience over liquid shampoo. This in
turn, is fuelling growth of the shampoo segment.
Among regions, Asia Pacific held a dominated position in the market for hair care products, and
accounted for 35.48 billion in 2016. This is attributed to increasing sales for grooming products in
countries such as China, South Korea, Japan, India, and Australia. According to International
Trade Association (ITA), the domestic sales in China, in 2015 accounted for US$ 50 billion.
Furthermore, the personal care and cosmetics segment in Australia is expected to grow by 4%
during 2016 to 2018. 
The market in Europe is expected to witness substantial growth. According to German Cosmetic,
Toiletry, Perfumery and Detergent Association, the beauty products sector in Germany was valued
at US$ 16.74 billion in 2016 and grew by 1.6% from 2015. Hair care products formed a major
share  of  US$ 3.7 billion in 2016 in  the beauty  products  market  in  Germany.  Furthermore,
according to the U.S. International Trade Association, annual expenditure on hair products in
France was US$ 1.498 million in 2015. Thus, increasing demand for beauty and personal care
products in Germany and France is expected to drive growth of the hair care products market in
Europe.
Growing demand for personal care and cosmetic products is driving the hair care products market
in North America. According to the U.S. Census Bureau, total retail trade sales of health and
personal care products was US$ 299,263 million in 2014, which increased to US$ 315,257 million
in 2015.
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Asia Pacific accounted for highest market share of 43.45% in 2016 and is expected to sustain its
dominance throughout the forecast period. Major manufactures are launching new products in this
region to meet the rising demand for hair care products. For instance, in June 2016, L'Oréal S.A.
announced the launch of a range of new hair care products including shampoo, conditioner and
oil in India with natural ingredients.
Manufacturers operating in the global hair care products market are adopting various strategies
such as merger and acquisitions, collaborations, and new product launches to strengthen their
foothold in the global market. For instance, in November 2017, Unilever plc announced its plans
to acquired Sundial Brands LLC. In January 2018, L’Oreal S.A. introduced Elvive brand, a hair
care line designed to help revive hair damage.
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analysisthrough various recommendations related to emerging market trends, technologies, and 
potential absolute dollar opportunity.
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