Hair Preparations Market 2024 - Size, Share, Forecast, and Trends Analysis Report 2033

The hair preparations market size has grown strongly in recent years. It will grow from $137.5 billion in 2023 to $149.73 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to large marketing campaigns for hair care products, increasing government initiatives, increased disposable income, and increasing hair related problems.

The hair preparations market size is expected to see strong growth in the next few years. It will grow to $210 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to increasing number of spa and salon services, rising beauty concerns, and growing aging population base. Major trends in the forecast period include launching vegan hair preparations, focus on undergoing partnerships, launching silicone and sulphate-free products, and introducing products with sustainable packaging to improve their product offerings and to stay competitive in the market.

Market Overview -
Hair preparations refer to products used for grooming, cleansing, and modifying hair. Hair preparations include dyes, rinses, and nutrient lotions which are applied topically to the hair.

Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=2638&type=smp

Air Pollution Fueling The Growth Of The Hair Preparations Market
The rising level of air pollution is expected to drive the demand for hair preparations. For instance, according to the air pollution data 2022 by IQ Air, a Swiss air quality technology company, the top 10 countries with the worst air pollution in 2022 included Chad, Iraq, Pakistan, Bahrain, Bangladesh, Burkina Faso, Kuwait, India, Egypt, Tajikistan. In addition, according to a blog article by Kent, an Indian healthcare products and home appliances company, by 2030, if air pollution is not controlled, the air quality will worsen to a level where there will be a need for oxygen kits to breathe easily. Therefore, the rising level of air pollution is expected to increase the demand for hair care products in the forecast period.

Competitive Landscape -
Major companies operating in the hair preparations market report are L'Oreal S.A, The Procter & Gamble Company, Unilever Plc, Natura & Co, Henkel AG & Co KGaA, Johnson & Johnson, The Estee Lauder Companies Inc, Revlon Inc, BASF SE, Kao Corporation, New Avon LLC, Dabur Ltd, Amway Corporation, Church and Dwight Co Inc, Avon Products, Inc., Combe Inc, Goody Products Inc, Shiseido Group, Mandom Corp, Amorepacific Corporation, LG Household & Health Care Ltd, AEKYUNG Industry Co., Ltd., Beirsdorf AG, Mintel International Group, CHI Haircare, FFOR Ltd, Willow Hair, Schwarzkopf Professional, OSMO, Fudge professional, Davines S.p.A, Oriflame Cosmetics AG, K&D, NMGK Group of Companies, ELFARMA LTD, Phyto, Lierac, Wilson's Chemical Innovations Inc, Vitacare Labs Inc, Oneka Elements, Coty Inc, Grupo Boticário, Huda Beauty, Cosmo Cosmetics, Spa Cosmetics, MCH Cosmetic, Amka Products Pty Ltd

Growing Preference For Natural Hair Preparation Products
Consumers are increasingly preferring natural ingredient products in the hair preparation market. According to the survey conducted by Kari Gran, 75% of millennial women prefer buying natural products. Haircare product manufacturing companies are focusing on the development of natural-ingredient products due to rising concerns of allergic reactions and hair and scalp problems caused by using synthetic ingredients.

Browse Full Report @
https://www.thebusinessresearchcompany.com/report/hair-preparations-global-market-report

Key Segments -
The hair preparations market covered in this report is segmented -
1) By Type: Hair Spray, Conditioner, Shampoo, Hair Oil, Hair Color, Other Types
2) By Gender: Male, Female, Unisex
3) By Based On Type: Organic, Chemical
4) By Distribution Channel: Hypermarkets/Supermarkets, Specialty Stores, Online Stores, Convenience Stores, Other Distribution Channels

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.