Hair Styling Products Market to witness significant growth, reaching a revenue of USD 22.4 Billion by 2029, with a CAGR of 6.8% over the forecast period
The global Hair Styling Products market thrives on rising consumer demand for innovative hair care solutions, emphasizing natural ingredients, sustainability, and advanced formulations.
According to TechSci
Research's report, "Global Hair
Styling Products Market - Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2028," the market reached USD 22.4
Billion in 2022 and is projected to grow at a CAGR of 6.8% during 2024-2028.
Shifting consumer preferences towards sustainability, natural formulations, and
technological advancements drive market growth. Trends include customization
for diverse hair types, clean beauty, technology integration, and
gender-inclusive products. Challenges include regulatory compliance,
environmental sustainability, market competition, and evolving consumer
preferences. The commercial segment grows in significance, with Europe as a
thriving market. E-commerce and direct-to-consumer strategies reshape the
industry landscape.
Consumer preferences drive
market growth, with an emphasis on personal grooming and individual expression.
The demand for diverse hair styling solutions reflects a surge in products
catering to various hair types and styling needs.
Sustainability and
eco-conscious formulations are key drivers, with rising consumer awareness
leading to increased demand for products with natural ingredients and
environmentally friendly packaging. Brands respond by incorporating botanical
extracts and essential oils, aligning with consumer values and industry
commitments to responsible practices.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on "Global Hair Styling Products Market”
Technological advancements drive innovation in hair styling products,
integrating features like heat-activated formulas and smart tools for enhanced
performance and efficiency, meeting evolving consumer demands and fostering
further market innovation.
Cultural diversity and global
beauty trends shape the market by accommodating various hair care traditions
and preferences, reflecting an inclusive industry ethos.
E-commerce transforms hair
styling product distribution, offering convenience and broader accessibility
through online platforms, accelerating product adoption and trend
dissemination.
The commercial segment,
serving salons and businesses, drives innovation to meet diverse client needs,
reflecting a collaborative approach between manufacturers and hairstyling
professionals.
Online retailing emerges as a
key force, reshaping consumer shopping habits and offering ample opportunities
for market expansion and brand engagement through digital channels and social
media influence.
Major companies operating in Global Hair
Styling Products Market are:
- Henkel
AG & Co. KGaA
- Procter
& Gamble Company
- L'Oréal
S.A.
- Unilever
PLC
- Mandom
Corporation
- Amorepacific
Corporation
- Shiseido
Company, Limited
- Flora
and Curl Ltd
- Coty
Inc.
- Kao
Corporation
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"The global hair styling products market thrives on various dynamic
drivers, including evolving consumer preferences, demand for sustainable
formulations, technological innovations, cultural diversity, e-commerce impact,
and commercial segment growth, notably in salons. These factors shape the
market's direction, reflecting an adaptable industry embracing sustainability,
technology, and professional hairstyling services to meet diverse consumer
needs. Manufacturers navigating these trends stand to benefit from the market's
growth and evolving opportunities." - Mr. Karan Chechi, Research Director,
TechSci Research.
The report "Hair Styling
Products Market – Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented By Product Type (Hair Gels, Hair Sprays, Styling Creams
& Wax, Hair Mousse, Others), By End User (Residential, Commercial), By Sales
Channel (Supermarket/Hypermarket, Convenience Stores, Specialty Stores, Online,
Others), By Region, By Competition, 2018-2028"
assesses the future growth potential of the global hair styling products
market, providing comprehensive statistics, market size, structure, and growth
projections. The report aims to offer cutting-edge market intelligence to aid
decision-makers in making informed investment decisions. Additionally, it
identifies and analyzes emerging trends, drivers, challenges, and opportunities
within the global hair styling products market.
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