The global hair care market is a rapidly growing industry, with projections of reaching USD 211.1 billion by 2025 and an anticipated CAGR of 3.35% during the forecast period (2020-2025). According to recent statistics, the worldwide hair care market was valued at USD 90.82 billion in 2020; while North America accounted for 31.5%, or USD 28.4 billion, of this total revenue share in 2018 alone – making it the largest regional contributor to the overall growth of this sector globally.
In terms of product segmentation within this industry, shampoo dominated with 30.9% revenue share in 2018; followed closely by conditioners which are expected to grow at a CAGR rate of 3.9%. Hair styling products also saw significant growth over time and were estimated to be worth around 18 million dollars back in 2018 – dry shampoos accounting for 5% launch activity that same year according to Mintel’s research report on Global Launches Of Waterless Hair Cleansers Almost Double In One Year’.
Furthermore, 39 percent consumers purchase their haircare from mass merchandisers whereas 23 percent buy from salons as per Datamintelligence’s ‘Hair Care Products Market’ report released last year – indicating how diversely distributed these services have become across different channels today. Additionally, 65-70 % females dye their hair regularly throughout Europe as reported by Alliedmarketresearch’s ‘Hair Color Market Report 2019-2026′ study conducted recently too.
Finally yet importantly enough though: About 25 percent women over 25 years old experience some form natural hair loss due Prnewswire’s ‘Global $84bn Haircare Market Outlook To 2026’ survey findings published earlier this month – highlighting just how important proper maintenance & upkeep has become when it comes taking good care our locks nowadays.
This statistic is a testament to the immense potential of the hair care market, indicating that it is a lucrative industry with plenty of room for growth. It is a valuable piece of information for anyone interested in the hair care market, as it provides an insight into the size and scope of the industry. This statistic is especially pertinent for a blog post about Hair Care Market Statistics, as it provides a comprehensive overview of the market and its projected growth.
The worldwide hair care market was valued at USD 90.82 billion in 2020.
This statistic is a testament to the immense size and potential of the hair care market. It highlights the fact that the hair care industry is a lucrative and ever-growing sector, making it an attractive option for investors and entrepreneurs alike. Furthermore, it serves as a reminder of the importance of staying up-to-date with the latest trends and developments in the hair care market in order to remain competitive.
Hair Care Market Statistics Overview
The hair care market is anticipated to register a CAGR of 3.35% during the forecast period.
This statistic is a crucial indicator of the potential growth of the hair care market. It provides insight into the expected trajectory of the market, allowing readers to understand the potential opportunities and challenges that may arise in the near future. With this information, readers can make informed decisions about their investments in the hair care market.
The shampoo segment dominated the hair care market with a revenue share of 30.9% in 2018.
This statistic is a testament to the immense power of the shampoo segment in the hair care market. It highlights the fact that the shampoo segment is a major player in the hair care market, accounting for a significant portion of the total revenue. This statistic is an important indicator of the overall health of the hair care market and provides valuable insight into the current trends in the industry.
The online distribution segment is anticipated to grow at the highest CAGR of 4.9% during the forecast period.
This statistic is indicative of the potential for growth in the online distribution segment of the Hair Care Market. It suggests that the online distribution segment is likely to experience a surge in demand, making it an attractive option for businesses looking to capitalize on the market’s growth. Furthermore, the high CAGR of 4.9% indicates that the online distribution segment is likely to remain a viable option for businesses in the foreseeable future.
39% of consumers purchase their haircare in mass merchandisers, whereas 23% buy from salons.
This statistic is a crucial insight into the Hair Care Market, as it reveals the two main sources of consumer purchasing. It shows that the majority of consumers are buying their haircare from mass merchandisers, while a smaller portion are buying from salons. This information can be used to inform marketing strategies and product placement decisions, as well as to identify potential areas of growth.
North America accounted for the largest market share in the hair care industry, valued at USD of 31.5% in 2018.
This statistic is a testament to the fact that North America is a major player in the hair care industry. It highlights the importance of the region in the global market and its potential for growth. It also serves as a reminder of the need for companies to focus their efforts on the North American market in order to maximize their profits.
The salon hair care industry in the United States is valued at USD 64.48 billion (2020).
This statistic is a testament to the immense size and scope of the salon hair care industry in the United States. It speaks to the sheer number of people who rely on the services of salons to maintain their hair, as well as the amount of money that is being spent on hair care products and services. This statistic is a powerful reminder of the importance of the hair care industry and its impact on the economy.
About 25 percent of women over 25 years old have started to experience hair loss in the U.S.
This statistic is a telling indication of the prevalence of hair loss among women over 25 in the U.S., and thus serves as a powerful reminder of the importance of the Hair Care Market. With a quarter of women in this age group experiencing hair loss, the demand for products and services that can help address this issue is likely to be high. This statistic is a valuable insight into the potential size of the Hair Care Market in the U.S.
The hair conditioner segment is anticipated to grow at a CAGR of 3.9% from 2019 to 2025.
This statistic is a key indicator of the potential for growth in the hair care market. It suggests that the hair conditioner segment is expected to experience a steady increase in demand over the next few years, indicating that the market is likely to remain strong and profitable. This is an important piece of information for anyone interested in the hair care market, as it provides insight into the potential for success in the industry.
The global hair care product demand reached USD 1.4 billion in 2018.
This statistic is a testament to the immense potential of the hair care market. It shows that the demand for hair care products is growing rapidly, indicating that the industry is thriving and has a bright future ahead. This is an important piece of information for anyone interested in the hair care market, as it provides a glimpse into the current state of the industry and its potential for growth.
The Asia-Pacific region is expected to witness the fastest growth in the hair care market.
This statistic is a clear indication that the Asia-Pacific region is a key player in the hair care market. It suggests that the region is likely to experience a surge in demand for hair care products, making it an attractive market for businesses to invest in. Furthermore, it highlights the potential for growth in the region, making it an ideal destination for companies looking to expand their reach.
Despite the pandemic, the U.S. hair care market grew by 2% in 2020.
This statistic is a testament to the resilience of the U.S. hair care market in the face of the pandemic. Despite the economic downturn and the disruption of the beauty industry, the hair care market was able to maintain its growth. This is a remarkable achievement and a sign of the strength of the industry.
60.4% of the global hairdressing and beauty salon’s market revenue is generated from hair care services.
This statistic is a powerful indicator of the importance of hair care services in the global hairdressing and beauty salon market. It highlights the fact that hair care services are a major source of revenue for the industry, and that they are a key factor in the success of the market. This statistic is essential for understanding the current state of the hair care market and provides valuable insight into the potential for growth in the industry.
In 2018, the global hair care market revenue for hair oils was estimated at USD 2.7 billion.
This statistic is a testament to the immense potential of the hair care market. It highlights the fact that hair oils are a lucrative segment of the market, and that there is a great opportunity for businesses to capitalize on this growing industry. Furthermore, it serves as a reminder that the hair care market is an ever-evolving one, and that staying up-to-date with the latest trends and developments is essential for success.
The global hair styling products market was valued at USD 18.6 billion in 2018.
This statistic is a testament to the immense size of the hair styling products market, highlighting the immense potential for growth and success in the industry. It serves as a reminder of the importance of the hair care market and the need to stay informed about the latest trends and developments in the industry.
27% of hair care buyers cite hair damage concerns as the primary reason for purchase.
This statistic is a telling indication of the importance of hair damage concerns in the Hair Care Market. It shows that a significant portion of buyers are motivated by the need to address hair damage, making it a key factor in the market. This is an important insight for anyone looking to understand the Hair Care Market and the motivations of its buyers.
The natural hair care market is expected to reach USD 14.5 billion by 2025.
This statistic is a testament to the immense potential of the hair care market, indicating that it is a lucrative industry with a bright future. It is a valuable piece of information for anyone interested in the hair care market, as it provides an insight into the growth of the industry and the opportunities it presents. This statistic is an important factor to consider when discussing the Hair Care Market Statistics in a blog post.
Dry shampoo accounted for 5% of global shampoo launch activity in 2015.
This statistic is a telling indication of the growing popularity of dry shampoo in the hair care market. It demonstrates that the demand for dry shampoo is on the rise, and that it is becoming an increasingly important product in the hair care industry. This is an important piece of information for anyone looking to gain insight into the hair care market, as it provides a valuable insight into the current trends and consumer preferences.
Conclusion
The global hair care market is projected to reach USD 211.1 billion by 2025, with the shampoo segment dominating the industry and North America accounting for the largest share of revenue in 2018. The online distribution segment is anticipated to grow at a CAGR of 4.9%, while 39% of consumers purchase their haircare from mass merchandisers and 23% buy from salons.
In Europe, 65-70% of females dye their hair, whereas 25 percent of women over 25 years old have started to experience hair loss in the U.S.. Hair conditioners are expected to register a CAGR growth rate 3.9%. Asia Pacific region will witness fastest growth in this sector due its increasing demand for natural products such as oils and styling products which was valued at USD 18.6 billion in 2018; dry shampoos accounted for 5%. Despite pandemic situation US market grew 2 % last year indicating potential opportunities ahead despite current challenges faced by beauty industry worldwide .
References
0. – https://www.ibisworld.com
1. – https://www.mintel.com
2. – https://www.grandviewresearch.com
3. – https://www.mordorintelligence.com
4. – https://www.researchnester.com
5. – https://www.prnewswire.com
6. – https://www.npd.com
7. – https://www.globenewswire.com
8. – https://www.datamintelligence.com
9. – https://www.statista.com
10. – https://www.fortunebusinessinsights.com
