Colombia Hair Care Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Colombia Hair Care Market is segmented by Type (Shampoo, Conditioner, Hair Oil and Serum, and Others), and by Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Specialty Stores, Online Stores, and Other Distribution Channels)

Market Snapshot

Colombia Hair Care Market
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 4.74 %

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Market Overview

Colombia hair care market is anticipated to witness a CAGR of 4.74% during the forecast period (2020- 2025).

  • Natural ingredients and organic formulations are witnessing high demand in the market, compelling key manufacturers to launch hair-care products with natural/clean product labels.
  • The factors like pollution, sun damage, scalp issues, hair thinning and loss have led to an increased the focus of consumers on the categories of hair care and have thus been driving the market.
  • However, due to the dominance of the global players in the market, the domestic players have not been able to do exceptionally well and have thus witnessed a retarded growth.

Scope of the report

Colombia hair care market is segmented by type into shampoo, conditioner, hair oil and serum, and others. The market is also segmented by distribution channel into supermarket/hypermarket, convenience stores, specialty stores, online stores, and other distribution channels.

By Type
Shampoo
Conditioner
Hair Oil and Serum
Others
By Distribution Channel
Supermarket/Hypermarket
Convenience Stores
Specialty Stores
Online Stores
Other Distribution Channels

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Key Market Trends

Demand for Organic/Natural Products is Rising Rapidly

The high demand for natural ingredients has been quite evident in the Colombian market, which has led to the majority of companies launching products with nature-inspired ingredients, especially ones with plant-inspired and premium botanical ingredients. Among the organic hair care product, conditioners and shampoos hold a majority of the share in the Colombia haircare market, owing to its wide usage. Further, the demand for organic hair oils is expected to inflate over the forecast period in the country.

Colombia Hair Care Market1

Increased Concerns Toward Hair Care is Driving the Market

The changing lifestyles and exposure to the environment have primarily driven the hair care products market growth in Colombia. As a significant portion of people have started facing hair loss issues, manufacturers have developed innovative solutions to tackle the fueling demand. The growing awareness about hair care products through social media, magazines, and TV advertisements has been encouraging consumers to try various hair care products. Owing to the vivid hair textures, there is a rise in demand for specialized products. A significant portion of hair care products is, therefore, being imported into the country.

Colombia Hair Care Market2

Competitive Landscape

The market leaders have been expanding their presence in the country by launching more specialized and safer products in the market. Global players indulge in expansion as a preferred growth strategy and import their global products in the country. Moreover, the changing hair care needs of the consumers in the country are paving a way for both the global and domestic companies to debut in the potential market. The major players have an upper hand in the market due to their brand value in the global market.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables and Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Shampoo

      2. 5.1.2 Conditioner

      3. 5.1.3 Hair Oil and Serum

      4. 5.1.4 Others

    2. 5.2 By Distribution Channel

      1. 5.2.1 Supermarket/Hypermarket

      2. 5.2.2 Convenience Stores

      3. 5.2.3 Specialty Stores

      4. 5.2.4 Online Stores

      5. 5.2.5 Other Distribution Channels

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Position Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Unilever

      2. 6.3.2 The Procter & Gamble Company

      3. 6.3.3 Henkel AG & Company, KGaA

      4. 6.3.4 LOreal SA

      5. 6.3.5 Colgate-Palmolive Company

      6. 6.3.6 Quala SA

      7. 6.3.7 Maria Salome SAS Laboratory

      8. 6.3.8 Miracles Group

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Colombia Hair Care Market market is studied from 2016 - 2026.

The Colombia Hair Care Market is growing at a CAGR of 4.74% over the next 5 years.

Palmolive-Colgate, Unilever PLC, Procter & Gamble, L’Oréal SA, Henkel AG & Company, KGaA are the major companies operating in Colombia Hair Care Market .

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