European Hair Care Products and Styling Tools Market
The European hair care and styling tools market will reach USD 2.24 billion in 2020. The market value is expected to grow from US$2.34 billion in 2021 to US$3.28 billion in 2028, at a CAGR of 4.94% during the forecast period. Hair care and styling are becoming more and more important among people of all ages. Fortune Business Insights™, in a report titled ‘European Hair Care Products and Styling Tools Market, 2021-2028’, states that demand for advanced hair products across Europe will propel the market forward.
The majority of European hair care products and styling tools are sold through hair salons and hair salons. Distribution channels help brands stay up to date on the latest trends in consumer behavior and other factors that influence purchasing decisions. Hairdressers and hair salons employ professionals to help users and clients choose the right products based on their hair type, hair problem, and personal preferences. Recent trends show that the average European consumer is willing to pay extra for products in the premium range. The brand is expected to remain competitive for years to come by partnering with reputable salons and hairdressers.
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Fortune Business Insights™ lists all the European hair care products and styling tools market companies that are currently working to mitigate the market impact of the Covid-19 pandemic.
• Procter & Gamble (Ohio, USA)
• L’Oréal SA (Clichy, France)
• Wahl Clipper Corporation (Illinois, USA)
• Jemella Ltd (Leeds, UK)
• Henkel AG & Co. KGaA (Düsseldorf, Germany)
• Codibel nv/sa (Senef, Belgium)
• Davines SpA (Parma, Italy)
• Revlon Inc. (New York, USA)
• KIEPE srl (Premana, Italy)
drivers and restraints
Increasing number of beauty salons and beauty salons to drive market growth
The European market is primarily driven by the increasing number of hair salons and beauty salons across Europe. The UK National Hair & Beauty Federation (NHBF) reports that in 2020 he will see over 1,000 new hair and beauty salons set up in the country. It has emerged as a trend to watch. More and more people are looking for environmentally friendly hair care products that do not contain harmful ingredients. These factors drive the regional demand significantly.
However, growth may be hampered by the prevalence of online retailers impacting product distribution through hair salons and beauty salons.
The report provides:
Market key growth drivers, restraints, opportunities, and potential challenges.
Comprehensive insight into global and regional development.
List of major industry players.
Key strategies adopted by market players.
The latest industry developments include product launches, partnerships, mergers and acquisitions.
Based on product, the market is segmented into hair care products and hair styling tools. The Hair Care Products segment includes shampoos, hair growth products, hair treatment products, colorants and others. On the other hand, the hair styling tools segment is divided into hair dryers, hair clippers/trimmers, curling irons/hair stylers, and hair shavers.
Based on end users, the market is divided into male and female.
By country, the market is segmented into UK, France, Germany, Italy, and Rest of Europe.
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Germany Witnesses Strong Demand for Premium Quality Products
Germany is set to dominate the market share of hair care products and styling tools in Europe from 2021 to 2028. The region’s market value in 2020 was USD 364.46 million. This country is he one of the major importers of raw materials for hair care products and cosmetics. The growing demand for luxury products with natural ingredients is an important trend across Germany.
The UK will experience rapid growth in the coming years, led by growing consumer fascination with organic beauty products. On the other hand, the French market is driven by increasing consumer spending on premium quality products.
October 2021 – – Parlux, the Italian manufacturer of hair dryers and other related hair care appliances, has launched the new Parlux ALYON Red Edition. The company used the new K-Advance Plus Professional motor for effective performance. The Parlux ALYON Red Edition is available in his two versions Standard (with 2 nozzles) and Pack Parlux ALYON + MagicSense.
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This release was published in openPR.