announced the recent top 5 major vendors. global hair care market report. The research report also lists a number of prominent vendors expected to have an impact on the market during the forecast period.
Competitive vendor landscape
The global hair care market is growing steadily and is expected to reach USD 91 billion by 2019. cosmetics and toiletries Industry at Technavio says: Increased fashion awareness and desire to change styles are driving the sales of hair care products, especially among young people. ”
Growing aging population in developed countries such as the United States, United Kingdom, Canada, Germany, China, and Japan has also led to significant growth in the hair coloring market.
The global hair care market is concentrated among a few major players. However, the presence of many small and medium-sized vendors has created a highly competitive market. Major players are P&G, L’Oreal, Unilever, Kao and Henkel. These major players are highly competitive in their product offerings.
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Top 5 Vendors in the Global Hair Care Market:
Henkel is headquartered in Düsseldorf, Germany. They specialize in laundry and home care, adhesive technology and beauty care businesses worldwide. Its brands include Persil, Schwarzkopf, and Loctite.
Henkel’s Beauty Care division offers products for hair care, hair coloring, hair styling, body care, skin care and oral care applications. We also provide products for professional hair salon business. This segment offers products under the brands Schwarzkopf, Syoss and Dial.
Kao was founded in 1887 and is headquartered in Tokyo, Japan. They develop, manufacture and market consumer products around the world.
The Company’s main products include body care products such as facial wash, body wash, shampoo, conditioner, hair care and styling products.
L’Oréal manufactures and distributes cosmetics for women and men worldwide. The company was founded in his 1909 and is headquartered in France.
In October 2014, the company launched three professional hair care brands: Vichy, La Roche-Posay and Kérastase, to strengthen its position in the hair care market. In 2015, the company launched a new collection of sulfate-free conditioners, shampoos and styling products under the Hair Expertise umbrella.
Founded in 1837, P&G is headquartered in Ohio, USA. P&G offers specialty salon products, hair care and color, skin care, personal cleansing, cosmetics, deodorants and antiperspirants. These products are marketed under the Wella, SK-II, Pantene, Olay and Head & Shoulders brand names.
Unilever was founded in 1929 and is headquartered in London, UK. The company offers food, beverages, cleaning agents and personal care products. We also offer skin and hair care products, deodorants and oral care products. We offer products from global brands such as Dove, Rexona, Ax, Lux and Sunsilk.
Other prominent vendors highlighted in Technavio’s report include: ).
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