salon-hair-care-market
Published

JUL 2018

Salon Hair Care Market - Segmented by Distribution Channel, and Geography ‚ Growth, Trends, and Forecast (2019 - 2024)

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Market Insights

The global Salon Hair Care market is expected to reach USD 5.4 billion by 2023, witnessing a healthy CAGR during the forecast period. North America holds the dominant share in global Salon Hair Care market. Growing consumer interest in professional hair care products, and marketing and promotional activities are the major factors driving sales.

Hair Treatment driving sales

Increased consumer concerns about scalp health and problems related to hair thinning, hair loss, dandruff, and sensitive scalp have driven the demand for specialist hair care products. Consumer inclination towards hair care products recommended by professionals has strongly driven the market. Fashion trends among consumer demanding hair styling products are further accelerating the salon hair care sale. Increase in per capita spending which further accelerates the sale of specialized hair care products through salons.

The US Dominates the Hair Care Salon Market

North America dominates the global Salon Hair Care market with the US occupying major share in the region. Increased consumer demand for professional products mainly among women is primarily driving salon hair care sales. Innovation in new products featuring natural ingredients continues to drive the sales of conditioners, shampoo and hair gel, styling products through the salon. Canada and Mexico are the small but fastest growing market for salon hair care. The US, UK, and Japan lead the salon hair care products market.

                            

Key Developments

  • March 2017 Henkel acquired Zotos International Inc, to become No. 2 professional hair care market leader in North America

The global Salon Hair Care market is competitive with a large number of multinational player competing for market share. New product innovation focuses on natural hair care treatment and acquisition is the main strategy adopted by players.

Major players include- Unilever, L`Oreal S.A., Henkel AG & Co., Procter & Gamble Co., Kao Corporation, among others. 

Reasons to Purchase this Report

  • Analyzing the outlook of the market with the recent trends and Porter’s five forces analysis
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • Market segmentation analysis, including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
  • Global, regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
  • Market value (USD Million) data for overall category
  • Distribution Channel sales Analysis by Value
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet in excel

Customization of the Report

  • This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs
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