Professional haircare products market size to grow by USD 5.37 billion from 2021 to 2026; Growth driven by introduction of customized products - Technavio

NEW YORK, March 30, 2023 /PRNewswire/ -- The global professional haircare products market size is estimated to increase by USD 5.37 billion from 2021 to 2026. The market's growth momentum will be progressing at a CAGR of 4.71% during the forecast period. The market is driven by the introduction of customized products. Vendors in the market are focusing on the development and launch of new and innovative products to cater to growing consumer demands. They are introducing technologically advanced products that offer benefits such as UV ray protection, scalp care, and moisturizing benefits. Vendors have also begun investing in customized products and haircare treatments that suit the specific requirements of customers. For instance, in February 2022, Pantene launched the New Lengths Collection, a new haircare regimen created by scientists. All these factors are driving the growth of the global professional haircare products market. Discover some insights on market size and forecast before buying the full report - Request a sample report

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Global Professional Haircare Products Market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on distribution channel (offline and online), type (regular haircare products and natural and organic products), product (hair colorants, shampoos and conditioners, and hair styling products), and geography (North America, Europe, APAC, South America, and the Middle East and Africa).

• The growth of the market will be significant in the offline distribution channel segment during the forecast period. The segment comprises hypermarkets, drugstores, department stores, and clubhouse stores. These stores are characterized by an effective display of products, less-crowded interiors, and effectively designed aisles that sell professional hair care products. The proliferation of these offline stores is subsequently increasing the professional haircare products, which is driving the growth of the segment.

Geography Overview
The report provides actionable insights and estimates the contribution of all regions to the growth of the global professional haircare products market.

• North America will account for 29% of the market growth during the forecast period. The rising millennial population and the expanding working population are driving the growth of the professional haircare products market in North America. In addition, the increasing demand for organic professional haircare products among consumers is driving the growth of the regional market.

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Global Professional Haircare Products Market – Vendor Landscape

The global professional haircare products market is fragmented due to the presence of many vendors. Established vendors hold a significant share of the market. The presence of many small and mid-sized local players has made the market very competitive. The high fixed costs and high exit barriers have also increased the competition among vendors. The threat of rivalry was moderate in 2021 and is expected to remain the same during the forecast period. Some of the key vendors covered in the report include:

• Arbonne International LLC
• Avon Beauty Products India Pvt Ltd
• Chatters Ltd. Partnership
• Combe Inc.
• Coty Inc.
• Emami Ltd
• Henkel AG and Co. KGaA
• Johnson and Johnson Services Inc
• Kao Corp.
• Kose Corp.
• LOreal SA
• Natura and CO Holding SA
• Revlon Inc
• Shiseido Co. Ltd
• The Estee Lauder Co. Inc.
• The Hain Celestial Group Inc.
• The Himalaya Drug Co
• The Procter and Gamble Co.
• Unilever PLC
• World Hair Cosmetics Asia Ltd

Global Professional Haircare Products Market – Market Dynamics

Key Trends – 

Evolving consumer demands are identified as the key trend in the market. Many vendors in the market are focusing on expanding their product portfolios to meet evolving consumer demands. Consumers are exhibiting high demand for value-added products at reasonable prices. This has encouraged vendors to introduce natural, chemical-free hair colorants in the market. Such developments among vendors are positively influencing the growth of the global professional haircare products market.

Major challenges – 

The increasing penetration of DIY professional haircare solutions is identified as the major challenge in the market. DIY professional haircare solutions are increasingly becoming popular among consumers. These products consist of natural ingredients such as herbs and hydrolyzed plant proteins. The natural ingredients used in these products provide health benefits. For instance, glycerin can be used as an ingredient in haircare solutions for a cleansing and conditioning effect on the hair. The increasing popularity of such haircare products is reducing the growth potential of the market.

Drivers, trends, and challenges have an impact on market dynamics, which can impact
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What are the key data covered in this professional haircare products market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the professional haircare products market between 2022 and 2026
• Precise estimation of the size of the professional haircare products market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the professional haircare products market industry across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of professional haircare products market vendors

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Related Reports:

• The haircare market in Africa is expected to grow to USD 994.06 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.35%. The market is segmented by product (shampoo, conditioner, hair color, hair styling products, and others) and geography (South Africa, Nigeria, Kenya, and Rest of Africa).
• The haircare market in Brazil is expected to grow by USD 895.73 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.19%. The market is segmented by product (shampoo, conditioner, hair color, and others) and distribution channel (offline and online).

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Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 08: Executive Summary – Chart on Incremental Growth
• Exhibit 09: Executive Summary – Data Table on Incremental Growth
• Exhibit 10: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 11: Parent market
• Exhibit 12: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 13: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 14: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 15: Chart on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 16: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 17: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 18: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 19: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 20: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 21: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 22: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 23: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 24: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 25: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

• 5.1 Market segments 
• Exhibit 26: Chart on Distribution Channel - Market share 2021-2026 (%)
• Exhibit 27: Data Table on Distribution Channel - Market share 2021-2026 (%)

• 5.2 Comparison by Distribution Channel 
• Exhibit 28: Chart on Comparison by Distribution Channel
• Exhibit 29: Data Table on Comparison by Distribution Channel

• 5.3 Offline - Market size and forecast 2021-2026
• Exhibit 30: Chart on Offline - Market size and forecast 2021-2026 ($ billion)
• Exhibit 31: Data Table on Offline - Market size and forecast 2021-2026 ($ billion)
• Exhibit 32: Chart on Offline - Year-over-year growth 2021-2026 (%)
• Exhibit 33: Data Table on Offline - Year-over-year growth 2021-2026 (%)

• 5.4 Online - Market size and forecast 2021-2026
• Exhibit 34: Chart on Online - Market size and forecast 2021-2026 ($ billion)
• Exhibit 35: Data Table on Online - Market size and forecast 2021-2026 ($ billion)
• Exhibit 36: Chart on Online - Year-over-year growth 2021-2026 (%)
• Exhibit 37: Data Table on Online - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Distribution Channel
• Exhibit 38: Market opportunity by Distribution Channel ($ billion)

6 Market Segmentation by Type

• 6.1 Market segments 
• Exhibit 39: Chart on Type - Market share 2021-2026 (%)
• Exhibit 40: Data Table on Type - Market share 2021-2026 (%)

• 6.2 Comparison by Type 
• Exhibit 41: Chart on Comparison by Type
• Exhibit 42: Data Table on Comparison by Type

• 6.3 Regular haircare products - Market size and forecast 2021-2026 
• Exhibit 43: Chart on Regular haircare products - Market size and forecast 2021-2026 ($ billion)
• Exhibit 44: Data Table on Regular haircare products - Market size and forecast 2021-2026 ($ billion)
• Exhibit 45: Chart on Regular haircare products - Year-over-year growth 2021-2026 (%)
• Exhibit 46: Data Table on Regular haircare products - Year-over-year growth 2021-2026 (%)

• 6.4 Natural and organic products - Market size and forecast 2021-2026 
• Exhibit 47: Chart on Natural and organic products - Market size and forecast 2021-2026 ($ billion)
• Exhibit 48: Data Table on Natural and organic products - Market size and forecast 2021-2026 ($ billion)
• Exhibit 49: Chart on Natural and organic products - Year-over-year growth 2021-2026 (%)
• Exhibit 50: Data Table on Natural and organic products - Year-over-year growth 2021-2026 (%)

• 6.5 Market opportunity by Type 
• Exhibit 51: Market opportunity by Type ($ billion)

7 Market Segmentation by Product

• 7.1 Market segments 
• Exhibit 52: Chart on Product - Market share 2021-2026 (%)
• Exhibit 53: Data Table on Product - Market share 2021-2026 (%)

• 7.2 Comparison by Product 
• Exhibit 54: Chart on Comparison by Product
• Exhibit 55: Data Table on Comparison by Product

• 7.3 Hair colorants - Market size and forecast 2021-2026
• Exhibit 56: Chart on Hair colorants - Market size and forecast 2021-2026 ($ billion)
• Exhibit 57: Data Table on Hair colorants - Market size and forecast 2021-2026 ($ billion)
• Exhibit 58: Chart on Hair colorants - Year-over-year growth 2021-2026 (%)
• Exhibit 59: Data Table on Hair colorants - Year-over-year growth 2021-2026 (%)

• 7.4 Shampoos and conditioners - Market size and forecast 2021-2026 
• Exhibit 60: Chart on Shampoos and conditioners - Market size and forecast 2021-2026 ($ billion)
• Exhibit 61: Data Table on Shampoos and conditioners - Market size and forecast 2021-2026 ($ billion)
• Exhibit 62: Chart on Shampoos and conditioners - Year-over-year growth 2021-2026 (%)
• Exhibit 63: Data Table on Shampoos and conditioners - Year-over-year growth 2021-2026 (%)

• 7.5 Hair styling products - Market size and forecast 2021-2026 
• Exhibit 64: Chart on Hair styling products - Market size and forecast 2021-2026 ($ billion)
• Exhibit 65: Data Table on Hair styling products - Market size and forecast 2021-2026 ($ billion)
• Exhibit 66: Chart on Hair styling products - Year-over-year growth 2021-2026 (%)
• Exhibit 67: Data Table on Hair styling products - Year-over-year growth 2021-2026 (%)

• 7.6 Market opportunity by Product 
• Exhibit 68: Market opportunity by Product ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 70: Chart on Market share by geography 2021-2026 (%)
• Exhibit 71: Data Table on Market share by geography 2021-2026 (%)

• 9.2 Geographic comparison 
• Exhibit 72: Chart on Geographic comparison
• Exhibit 73: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2021-2026
• Exhibit 74: Chart on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 75: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 76: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 9.4 Europe - Market size and forecast 2021-2026 
• Exhibit 78: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 79: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 80: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 9.5 APAC - Market size and forecast 2021-2026
• Exhibit 82: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 83: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 84: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 9.6 South America - Market size and forecast 2021-2026
• Exhibit 86: Chart on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 87: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 88: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 9.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 90: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 91: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 92: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 93: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 9.8 US - Market size and forecast 2021-2026
• Exhibit 94: Chart on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 95: Data Table on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 96: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 97: Data Table on US - Year-over-year growth 2021-2026 (%)

• 9.9 China - Market size and forecast 2021-2026
• Exhibit 98: Chart on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 99: Data Table on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 100: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 101: Data Table on China - Year-over-year growth 2021-2026 (%)

• 9.10 Germany - Market size and forecast 2021-2026
• Exhibit 102: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 103: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 104: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 105: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 9.11 Japan - Market size and forecast 2021-2026
• Exhibit 106: Chart on Japan - Market size and forecast 2021-2026 ($ billion)
• Exhibit 107: Data Table on Japan - Market size and forecast 2021-2026 ($ billion)
• Exhibit 108: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 109: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 9.12 UK - Market size and forecast 2021-2026
• Exhibit 110: Chart on UK - Market size and forecast 2021-2026 ($ billion)
• Exhibit 111: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
• Exhibit 112: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 113: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 9.13 Market opportunity by geography 
• Exhibit 114: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 115: Impact of drivers and challenges in 2021 and 2026

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 116: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 117: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 118: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 119: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 120: Matrix on vendor position and classification

• 12.3 Coty Inc. 
• Exhibit 121: Coty Inc. - Overview
• Exhibit 122: Coty Inc. - Business segments
• Exhibit 123: Coty Inc. - Key offerings
• Exhibit 124: Coty Inc. - Segment focus

• 12.4 Henkel AG and Co. KGaA 
• Exhibit 125: Henkel AG and Co. KGaA - Overview
• Exhibit 126: Henkel AG and Co. KGaA - Business segments
• Exhibit 127: Henkel AG and Co. KGaA - Key news
• Exhibit 128: Henkel AG and Co. KGaA - Key offerings
• Exhibit 129: Henkel AG and Co. KGaA - Segment focus

• 12.5 Kao Corp. 
• Exhibit 130: Kao Corp. - Overview
• Exhibit 131: Kao Corp. - Business segments
• Exhibit 132: Kao Corp. - Key offerings
• Exhibit 133: Kao Corp. - Segment focus

• 12.6 Kose Corp. 
• Exhibit 134: Kose Corp. - Overview
• Exhibit 135: Kose Corp. - Product / Service
• Exhibit 136: Kose Corp. - Key offerings

• 12.7 LOreal SA 
• Exhibit 137: LOreal SA - Overview
• Exhibit 138: LOreal SA - Business segments
• Exhibit 139: LOreal SA - Key news
• Exhibit 140: LOreal SA - Key offerings
• Exhibit 141: LOreal SA - Segment focus

• 12.8 Natura and CO Holding SA 
• Exhibit 142: Natura and CO Holding SA - Overview
• Exhibit 143: Natura and CO Holding SA - Business segments
• Exhibit 144: Natura and CO Holding SA - Key news
• Exhibit 145: Natura and CO Holding SA - Key offerings
• Exhibit 146: Natura and CO Holding SA - Segment focus

• 12.9 Shiseido Co. Ltd 
• Exhibit 147: Shiseido Co. Ltd - Overview
• Exhibit 148: Shiseido Co. Ltd - Business segments
• Exhibit 149: Shiseido Co. Ltd - Key offerings
• Exhibit 150: Shiseido Co. Ltd - Segment focus

• 12.10 The Estee Lauder Co. Inc. 
• Exhibit 151: The Estee Lauder Co. Inc. - Overview
• Exhibit 152: The Estee Lauder Co. Inc. - Business segments
• Exhibit 153: The Estee Lauder Co. Inc. - Key news
• Exhibit 154: The Estee Lauder Co. Inc. - Key offerings
• Exhibit 155: The Estee Lauder Co. Inc. - Segment focus

• 12.11 The Procter and Gamble Co. 
• Exhibit 156: The Procter and Gamble Co. - Overview
• Exhibit 157: The Procter and Gamble Co. - Business segments
• Exhibit 158: The Procter and Gamble Co. - Key news
• Exhibit 159: The Procter and Gamble Co. - Key offerings
• Exhibit 160: The Procter and Gamble Co. - Segment focus

• 12.12 Unilever PLC 
• Exhibit 161: Unilever PLC - Overview
• Exhibit 162: Unilever PLC - Business segments
• Exhibit 163: Unilever PLC - Key news
• Exhibit 164: Unilever PLC - Key offerings
• Exhibit 165: Unilever PLC - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 166: Inclusions checklist
• Exhibit 167: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 168: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 169: Research methodology
• Exhibit 170: Validation techniques employed for market sizing
• Exhibit 171: Information sources

• 13.5 List of abbreviations 
• Exhibit 172: List of abbreviations

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