Haircare Market anticipated to surpass US$138.494 billion by 2030 at a CAGR of 4.76%
The Global Haircare Market is expected to grow at a CAGR of 4.76%, reaching a market size of US$138.494 billion in 2030 from US$109.773 billion in 2025.
NEW YORK, NY, UNITED STATES, February 12, 2025 /EINPresswire.com/ -- According to a new study by Knowledge Sourcing Intelligence, the global haircare market1 is projected to grow at a CAGR of 4.76% between 2025 and 2030 to reach US$138.494 billion by 2030.Haircare is an overall term denoting the varied range of products and practices used to maintain hair hygiene, including scalp & hair cleansing; hair health, such as conditioning or nourishing the hair and protecting the hair; and hair beauty treatment, such as coloring, styling, etc.
The growing middle-class population and increasing urbanization are the major factors that are boosting the demand for hair care products.
Moreover, with rising awareness about personal hygiene and a focus on aesthetic appeal, consumers are increasingly opting for different hair care products, as haircare products are used to groom hair and get an aesthetic hairstyle while managing various hair problems such as hair fall, dandruff, frizzy hair, split ends, and dry or itchy scalp. The rising level of air pollution and the increasing temperature are also harming the quality of hair, encouraging people to use hair care products to protect them from the harmful impact of these environmental factors.
Further, hair aesthetics has also led to a rise in the number of consumers opting for hairstyle chemical treatments, including dyeing and straightening. Since chemically treated hair requires premium hair care products to maintain the health and texture of hair, the demand for premium hair care products is increasing significantly, thereby fueling the overall haircare market growth. The rising use of social media3 is driving consumers to explore various global haircare brands, thereby spurring the global haircare market’s growth.
Access sample report or view details: https://www.knowledge-sourcing.com/report/global-haircare-market
The Global haircare market is segmented by product into five major categories: Shampoo and conditioner, hair color, hair oil, hair mask, and others. The shampoo segment is expected to grow significantly because it contains a variety of hair-enriching ingredients that help promote hair growth from the scalp follicles, including vitamins2, botanical extracts, minerals, oils, and others. In addition, consumers' heavy use of different shampoos is expected to support the expansion of the segment.
The global haircare market by application category is segmented into household and professional. Individuals spend more on hair care products and treatments as they realize the importance of hair to their overall look. Besides, the popularity of various social media platforms, beauty influencers, and celebrity culture has made people eager to try the latest trends and imitate popular hairstyles, which boosts the demand for hair care products.
The global haircare market by end-user category is segmented into men and women. The market is being boosted by the growing number of working women. Women facing stress levels, heavy work pressures, long working hours, and poor work-life balance tend to have thinning and greying hair more often and deal with other problems related to their hair. Because nowadays women are able to maintain their desired look by using these products, it creates a high demand for high-end products.
The global haircare market by sales channel category is segmented into online and offline. The growing working female population makes it convenient and time-saving to shop via online stores, boosting this segment's growth. Furthermore, online stores allow customers to purchase international hair care products easily and at discounted rates. As such, many hair care manufacturers have started their web portals to sell various hair care products.
Based on geography, the Asia Pacific region is projected to note significant growth in the global haircare market. Rising awareness about various hair care products in countries like China, India, and Australia, coupled with the presence of major market players, is boosting the demand for hair care products. Increasing disposable incomes and living standards are also augmenting the demand for premium hair care products. The booming e-commerce industry is also supporting the rising sales of international hair care products, thus positively impacting the regional market growth.
As a part of the report, the major players operating in the global haircare market that have been covered are Unilever, Henkel AG & Co. KGaA, Procter & Gamble, Kao Corporation, L’OREAL GROUP, VEDA CORP., Amway, Johnson & Johnson Services, Inc., Marico, Shiseido Co., Ltd.
The market analytics report segments the global haircare market as follows:
• By Product
o Shampoo & Conditioner
o Hair Color
o Hair Oil
o Hair Mask
o Others
• By Application
o Household
o Professional
• By End-User
o Men
o Women
• By Sales Channel
o Online
o Offline
• By Geography
• North America
o USA
o Canada
o Mexico
• South America
o Brazil
o Argentina
o Others
• Europe
o United Kingdom
o Germany
o France
o Italy
o Spain
o Others
• Middle East and Africa
o Saudi Arabia
o UAE
o Israel
o Others
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Thailand
o Taiwan
o Others
Companies Profiled:
• Unilever
• Henkel AG & Co. KGaA
• Procter & Gamble
• Kao Corporation
• L’OREAL GROUP
• VEDA CORP.
• Amway
• Johnson & Johnson Services, Inc.
• Marico
• Shiseido Co., Ltd.
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Knowledge Sourcing Intelligence (KSI) is a market research and intelligence provider that uses a combination of quantitative and qualitative research techniques to deliver comprehensive, in-depth insights to clients. Our approach to market research is centered around the concept of 'Knowledge Sourcing' - the process of gathering data and insights from multiple sources to create a comprehensive and well-rounded picture of the market. KSI's core services include market intelligence, competitive intelligence, customer intelligence, and product intelligence. KSI's approach to market research is designed to help clients make informed decisions, identify opportunities, and gain a better understanding of their target markets. By using a combination of primary and secondary research techniques, we provide clients with detailed insights into current market trends, customer profiles, competitor analysis, and product performance. KSI's market research and intelligence services enable clients to make informed decisions, develop strategic plans, and identify areas of opportunity.
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1 https://www.knowledge-sourcing.com/report/global-haircare-market
2 https://www.knowledge-sourcing.com/report/vitamin-supplements-market
3 https://www.knowledge-sourcing.com/report/social-media-analytics-market
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