Colombia Hair Care Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.74 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Colombia Hair Care Market Analysis
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.
Colombia Hair Care Market Trends
This section covers the major market trends shaping the Colombia Hair Care Market according to our research experts:
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.
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 Industry Overview
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.
Colombia Hair Care Market Leaders
Palmolive-Colgate
Unilever PLC
Procter & Gamble
L’Oréal SA
Henkel AG & Company, KGaA
*Disclaimer: Major Players sorted in no particular order
Colombia Hair Care Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables and Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Shampoo
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5.1.2 Conditioner
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5.1.3 Hair Oil and Serum
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5.1.4 Others
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5.2 By Distribution Channel
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5.2.1 Supermarket/Hypermarket
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5.2.2 Convenience Stores
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5.2.3 Specialty Stores
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5.2.4 Online Stores
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5.2.5 Other Distribution Channels
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Position Analysis
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6.3 Company Profiles
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6.3.1 Unilever
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6.3.2 The Procter & Gamble Company
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6.3.3 Henkel AG & Company, KGaA
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6.3.4 LOreal SA
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6.3.5 Colgate-Palmolive Company
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6.3.6 Quala SA
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6.3.7 Maria Salome SAS Laboratory
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6.3.8 Miracles Group
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Colombia Hair Care Industry Segmentation
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 |
Colombia Hair Care Market Research FAQs
What is the current Colombia Hair Care Market size?
The Colombia Hair Care Market is projected to register a CAGR of 4.74% during the forecast period (2024-2029)
Who are the key players in Colombia Hair Care Market?
Palmolive-Colgate, Unilever PLC, Procter & Gamble, L’Oréal SA and Henkel AG & Company, KGaA are the major companies operating in the Colombia Hair Care Market.
What years does this Colombia Hair Care Market cover?
The report covers the Colombia Hair Care Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Colombia Hair Care Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Colombia Hair Care Industry Report
Statistics for the 2024 Colombia Hair Care market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Colombia Hair Care analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
