Market Size of Germany Hair Care Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 2.37 % |
| Market Concentration | Low |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order |
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Germany Hair Care Market Analysis
The German hair care market is projected to witness a CAGR of 2.37% over the upcoming five years.
In Germany, a growing number of people have gained awareness about the benefits of natural and organic products, the effects of harmful chemicals in the existent ones, and the ability to take care of hair in the house itself, resulting in a decline in salon visits.
In Germany, with the increasing trend toward e-commerce, online retailing has been established as a strong distribution channel for sales. It is expected to grow at a significant rate during the forecast period.
Over the upcoming years, the market is anticipated to be driven by rising hair-related issues and rising fashion trends. Additionally, a rise in the demand for professional products and increased salon service penetration across the globe are expected to enhance the market in the upcoming years. Further, it is anticipated that evolving grooming trends and technological advancements in product manufacturing will drive the market during the anticipated years. Some limitations and difficulties can impede market expansion. Market limitations are anticipated to be caused by more expensive hair care procedures and possible adverse effects on the hair and scalp from some hair care products.
Germany's hair care market has been affected by the COVID-19 crisis due to the closure of retail and salon stores, which led to a decline in sales. Due to the closure of salons, consumers adopted new trends such as do-it-yourself (DIY). Since many salons were closed, consumers avoided these services because of concerns about close physical contact. The changing fashion trends and rise in awareness of the availability of new, more effective, and safer hair care products have led to a significant increase in the use of these products, which in turn is boosting sales in Germany.
