Global luxury hair care market
DUBLIN, Jan. 05, 2023 (GLOBE NEWSWIRE) — Global Luxury Hair Care Products Market Report 2022 Report Added of ResearchAndMarkets.com Recruitment.
This report provides strategists, marketers, and senior management with the critical information needed to evaluate the global luxury hair care products market.
The global luxury hair care market is projected to grow from $19.27 billion in 2021 to $20.62 billion in 2022, at a compound annual growth rate (CAGR) of 7.1%. The luxury hair care market is projected to grow to $27.22 billion by 2026 at a compound annual growth rate (CAGR) of 7.2%.
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The major players in the luxury hair care market are L’Oreal SA, The Estée Lauder Companies, Seven LLC, Arcola Corporation, Kao Corporation, Jose Ever Hair, Kerastase Paris, Kose Kose, Oribe, Lahua, Unilever plc, Aesop and Proctor. & Gamble Company, Sisley Paris, Shiseido Company Limited, Johnson & Johnson Pvt.
The luxury hair care market consists of the sale of luxury hair care products by entities (organizations, sole proprietorships, partnerships) that individuals use for the overall health of their hair. These products generally refer to high-end hair care products sold to consumers at a premium price. Luxury hair care products contain higher concentrations of ingredients compared to regular or generic brands.
Major types covered in the luxury hair care market include shampoos, conditioners, hair coloring products, hair styling products, hair oils, and other product types. Shampoo refers to cleansing special soaps used to wash hair. Luxury hair care products are sold through various distribution channels such as supermarkets, hypermarkets, department stores, specialty stores, e-commerce and other distribution channels.
Asia-Pacific was the largest region for the luxury hair care market in 2021. Regions covered by the Luxury Hair Care Market report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Luxury Hair Care Market research report provides a new series of Luxury Hair Care market statistics, including global market size, regional share, competitors with Luxury Hair Care market share, detailed Luxury Hair Care market segments, market trends and opportunities, etc. One of the reports. , and other data you need to succeed in the luxury hair care industry. With an in-depth analysis of the industry’s current and future scenarios, these luxury hair care market research reports give you a complete perspective of everything you need.
Increasing penetration of e-commerce platforms is expected to drive the growth of the luxury hair care market. The e-commerce retail marketplace refers to the use of the Internet to purchase goods and transfer money and data to carry out these transactions.
E-commerce retail marketplaces support the luxury hair care market with easy transactions, direct sales of goods and services to customers, and home delivery of products. For example, according to a study published by Digital360, an Italy-based digital branding provider, global e-commerce will grow from $3.46 trillion in 2019 to $4.29 trillion in 2020. The current penetration rate is 20.2%. Therefore, increasing penetration of e-commerce platforms is expected to boost the demand for luxury hair care during the forecast period.
Product innovation is a key trend gaining popularity in the luxury hair care market. Many companies operating in the luxury hair care sector are looking for new product innovations to strengthen their position in the luxury hair care market.
For example, in May 2022, Medimix, a manufacturer of skin and hair care products based in India, launched an organic total care shampoo in its hair care portfolio. Medimix total care shampoo is composed of wheat protein and his 9 other natural herbs such as tea tree oil, rosemary oil, neem and wild ginger to minimize hair loss, prevent dandruff and condition. help. hair.
The countries covered by the Luxury Hair Care Market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, United Kingdom, and United States.
report attribute |
detail |
page number |
175 |
Forecast period |
2022-2026 |
Estimated market value in 2022 (USD) |
$20.62 billion |
Projected market value to 2026 (USD) |
$27.22 billion |
compound annual growth rate |
7.2% |
Target area |
global |
Main topics:
1.executive summary
2. Features of the luxury hair care market
3. Luxury Hair Care Market Trends and Strategies
4. Impact of COVID-19 on luxury hair care
5. Luxury hair care market size and growth
5.1. Global Luxury Hair Care Historical Market, 2016-2021, $ Billion
5.1.1. Market drivers
5.1.2. Market binding
5.2. Global Luxury Hair Care Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Market drivers
5.2.2. Market binding
6. Luxury Hair Care Market Segmentation
6.1. Global Luxury Hair Care Market, Segmentation by Product Type, History and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
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shampoo
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conditioner
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hair color products
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hair styling products
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hair oil
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Other product types
6.2. Global Luxury Hair Care Market, Segmentation by Distribution Channel, History and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7. Luxury Hair Care Market Regional and Country Analysis
7.1. Global Luxury Hair Care Market, By Region, Historical and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Luxury Hair Care Market, By Country, Historical and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
For more information on this report, please visit https://www.researchandmarkets.com/r/fyytr1.
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