According to the report by Expert Market Research (EMR), the global professional hair care market is anticipated to exhibit a substantial growth rate at a CAGR of 5.30% between 2024 and 2032. This growth can be attributed to several factors, including the increasing emphasis on personal grooming, rising disposable incomes, evolving fashion trends, and the growing influence of social media.
Professional hair care products encompass a wide range of items, including shampoos, conditioners, hair colorants, styling agents, and treatments, among others. These products are specially formulated and distributed through professional channels such as salons, spas, and beauty clinics. They are designed to address various hair concerns effectively and are often preferred by consumers seeking superior quality and performance.
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One of the key drivers fueling the growth of the global professional hair care market is the rising consumer awareness regarding the importance of hair health and appearance. With the proliferation of social media platforms and beauty influencers, there has been a significant increase in the demand for professional-grade hair care products that promise salon-like results at home. Moreover, the desire to achieve diverse hairstyles, experiment with different hair colors, and combat issues like hair damage, dandruff, and hair loss has further propelled the demand for specialized hair care solutions.
Another factor contributing to market growth is the expanding salon and spa industry worldwide. With the rising demand for grooming services and the increasing number of beauty-conscious consumers, the need for professional hair care products within these establishments has witnessed a notable surge. Additionally, the growing preference for premium and luxury hair care brands among affluent consumers has led to an uptick in sales of high-end professional hair care products.
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Professional Hair Care Market Segmentation
The global professional hair care market can be segmented based on product type, distribution channel, and region.
Market Breakup by Product Type
- Shampoos
- Conditioners
- Hair Colorants
- Styling Agents
- Hair Treatments
- Others
Market Breakup by Distribution Channel
- Salons
- Spas
- Online Retailers
- Specialty Stores
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Professional Hair Care Market Competitive Landscape
The EMR report delves into the market shares, product portfolios, strategic initiatives, mergers and acquisitions, and other significant developments of key players operating in the global professional hair care market. Some of the prominent players identified in the report include:
- The Avon Company
- L’Oreal S.A.
- Kao Corporation
- The Estée Lauder Companies Inc.
- Henkel AG & Co. KGaA
- Mascolo Limited (Toni&Guy)
- Procter & Gamble Co.
- Unilever PLC
- Revlon Consumer Products LLC
- Others
These companies are actively engaged in product innovation, strategic collaborations, and marketing initiatives to strengthen their market presence and gain a competitive edge. Furthermore, the increasing focus on sustainability, product diversification, and expansion into emerging markets is expected to drive future growth opportunities in the global professional hair care market.
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