Premium Hair Care Market Size Grow US$ 35.17 Bn by 2030

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The global premium hair care market size is expected to be worth around US$ 35.17 billion by 2030, according to a new report by Vision Research Reports.

The global premium hair care market size was valued at US$ 19,758.5 million in 2020 and is anticipated to grow at a CAGR of 7.6% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 35.17 billion by 2030
Growth Rate CAGR of 7.6% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Demography, Product, Distribution Channel
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Procter & Gamble Company; L’Oréal S.A.; Aveda Corporation; Johnson & Johnson; Unilever; The Estee Lauder Companies; Alcora Corp.; Beiersdorf Group (Nivea); John Masters Organic; Kao Corp.; Ouai; Briogeo; Living Proof, Inc.

Growth Factors

 The overall personal care industry has a significant dependence on the chemicals and pharmaceutical industry for raw materials used in the final products. Thus, any price variations in these sectors have repercussions across the market. Consumers prefer buying premium haircare, skincare, and other beauty products through online channels, as it is convenient for them to shop for a wide range of brands and products that are available at comparatively lower prices. With the growing internet penetration, along with several technological advancements, consumers are increasingly buying premium hair care products from online retailers. In addition, the technology to enhance the conversion rate of website visits plays a crucial role in the salability of new products.

The market in the Asia Pacific region is expected to register the fastest growth rate during the forecast period due to the rising awareness about personal hygiene and wellbeing along with the gradually increasing disposable income levels and standards of living. Furthermore, hair care has always been a top priority for both men and women. Over 30% of men and around 22% of women, globally, prioritize hair care over skin, face, and physique.

By Product Analysis

Theshampoo product segment dominated the market in 2020 with a revenue share of more than 29%. The segment is estimated to retain the dominant position throughout the forecast period. The changing consumer perception toward organic products, coupled with the growing utilization of environmentally sustainable products, has fueled the demand for naturally derived products.

products such as shampoo, conditioner, hair styling waxes, and gels, which compels them to go for cheaper options over high-cost quality products.However, changing lifestyles of consumers along with rising environmental concerns, such as rising pollution,will support the market growth

By Demography Analysis

Based on demography, the market has been segmented into men, women, and children. The women segment accounted for the largest revenue share of over 82% in 2020 and will remain dominant throughout the forecast period.

The new generations of consumers are seeking brands that provide cost-effective, safe, and eco-friendly solutions or products, which are devoid of harmful chemicals and possible side effects.

By Distribution Channel Analysis

The online segmentaccounted for the largest revenue share of over 26.05% of the global market in 2020. Consumers prefer to purchase products through online channels due to convenience and availability of a wide range of products of various brands.

The specialty stores channel is projected to register the second-fastest CAGR of 7.8% from 2021 to 2030.Specialty stores focus on specific product categories and offer a wide range of products for that specific category, thus, making it easier for customers to purchase desired products.

By Regional Analysis

Asia Pacific led the market in 2020 with a revenue share of more than 38% and will expand further at the fastest CAGR from 2021 to 2030. Organic premium hair care products emerged as the most significant trend in 2020.

Given that the COVID-19 pandemic continues to be both unpredictable and rapid, the demand for premium hair care products across the globe, especially in severely affected countries, will be largely shaped by the duration of the crisis.

Key Players

  • Procter & Gamble Company
  • L’Oreal S.A.
  • Aveda Corp.
  • Johnson & Johnson
  • Unilever
  • The Estee Lauder Companies
  • Alcora Corp.
  • Beiersdorf Group (Nivea)
  • John Masters Organic
  • Kao Corp.
  • Ouai
  • Briogeo
  • Living Proof, Inc.

Market Segmentation

  • By Product
    • Shampoo
    • Dry Shampoo
    • Hair Color
    • Conditioner
    • Hair Styling Products
    • Hair Oil
    • Others
  • By Demography
    • Men
    • Women
    • Children
  • By Distribution Channel
    • Supermarkets & Hypermarkets
    • Departmental Stores
    • Specialty Stores
    • Pharmacy and Drug Stores
    • Online
    • Others
  • Region
    • North America
      •  U.S.
    • Europe
      • U.K.
      • France
      • Germany
      •  Russia
    • Asia pacific
      • China
      • India
      • Singapore
      • Malaysia
      •  Indonesia
    • Central and South America
      •  Brazil
    • Middle East and Africa
      • Saudi Arabia

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Premium Hair Care Market, By Product

7.1.  Premium Hair Care Market, by Product, 2021-2030

7.1.1.    Shampoo

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Dry Shampoo

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Hair Color

7.1.3.1.        Market Revenue and Forecast (2017-2030)

7.1.4.    Conditioner

7.1.4.1.        Market Revenue and Forecast (2017-2030)

7.1.5.    Hair Styling Products

7.1.5.1.        Market Revenue and Forecast (2017-2030)

7.1.6.    Hair Oil

7.1.6.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Premium Hair Care Market, By Demography

8.1.  Premium Hair Care Market, by Demography, 2021-2030

8.1.1.    Men

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Women

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Children

8.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Premium Hair Care Market, By Distribution Channel

9.1.  Premium Hair Care Market, by Distribution Channel, 2021-2030

9.1.1.    Supermarkets & Hypermarkets

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Departmental Stores

9.1.2.1.        Market Revenue and Forecast (2017-2030)

9.1.3.    Specialty Stores

9.1.3.1.        Market Revenue and Forecast (2017-2030)

9.1.4.    Pharmacy and Drug Stores

9.1.4.1.        Market Revenue and Forecast (2017-2030)

9.1.5.    Online

9.1.5.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Premium Hair Care Market, Regional Estimates and Trend Forecast

10.1.        North America

10.1.1.  Market Revenue and Forecast, by Product (2017-2030)

10.1.2.  Market Revenue and Forecast, by Demography (2017-2030)

10.1.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.1.4.  U.S.

10.1.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.1.4.2.      Market Revenue and Forecast, by Demography (2017-2030)

10.1.4.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.1.5.  Rest of North America

10.1.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.1.5.2.      Market Revenue and Forecast, by Demography (2017-2030)

10.1.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.2.        Europe

10.2.1.  Market Revenue and Forecast, by Product (2017-2030)

10.2.2.  Market Revenue and Forecast, by Demography (2017-2030)

10.2.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.2.4.  UK

10.2.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.2.4.2.      Market Revenue and Forecast, by Demography (2017-2030)

10.2.4.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.2.5.  Germany

10.2.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.2.5.2.      Market Revenue and Forecast, by Demography (2017-2030)

10.2.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.2.6.  France

10.2.6.1.      Market Revenue and Forecast, by Product (2017-2030)

10.2.6.2.      Market Revenue and Forecast, by Demography (2017-2030)

10.2.6.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.2.7.  Rest of Europe

10.2.7.1.      Market Revenue and Forecast, by Product (2017-2030)

10.2.7.2.      Market Revenue and Forecast, by Demography (2017-2030)

10.2.7.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.3.        APAC

10.3.1.  Market Revenue and Forecast, by Product (2017-2030)

10.3.2.  Market Revenue and Forecast, by Demography (2017-2030)

10.3.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.3.4.  India

10.3.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.3.4.2.      Market Revenue and Forecast, by Demography (2017-2030)

10.3.4.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.3.5.  China

10.3.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.3.5.2.      Market Revenue and Forecast, by Demography (2017-2030)

10.3.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.3.6.  Japan

10.3.6.1.      Market Revenue and Forecast, by Product (2017-2030)

10.3.6.2.      Market Revenue and Forecast, by Demography (2017-2030)

10.3.6.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.3.7.  Rest of APAC

10.3.7.1.      Market Revenue and Forecast, by Product (2017-2030)

10.3.7.2.      Market Revenue and Forecast, by Demography (2017-2030)

10.3.7.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.4.        MEA

10.4.1.  Market Revenue and Forecast, by Product (2017-2030)

10.4.2.  Market Revenue and Forecast, by Demography (2017-2030)

10.4.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.4.4.  GCC

10.4.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.4.4.2.      Market Revenue and Forecast, by Demography (2017-2030)

10.4.4.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.4.5.  North Africa

10.4.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.4.5.2.      Market Revenue and Forecast, by Demography (2017-2030)

10.4.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.4.6.  South Africa

10.4.6.1.      Market Revenue and Forecast, by Product (2017-2030)

10.4.6.2.      Market Revenue and Forecast, by Demography (2017-2030)

10.4.6.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.4.7.  Rest of MEA

10.4.7.1.      Market Revenue and Forecast, by Product (2017-2030)

10.4.7.2.      Market Revenue and Forecast, by Demography (2017-2030)

10.4.7.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.5.        Latin America

10.5.1.  Market Revenue and Forecast, by Product (2017-2030)

10.5.2.  Market Revenue and Forecast, by Demography (2017-2030)

10.5.3.  Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.5.4.  Brazil

10.5.4.1.      Market Revenue and Forecast, by Product (2017-2030)

10.5.4.2.      Market Revenue and Forecast, by Demography (2017-2030)

10.5.4.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.5.5.  Rest of LATAM

10.5.5.1.      Market Revenue and Forecast, by Product (2017-2030)

10.5.5.2.      Market Revenue and Forecast, by Demography (2017-2030)

10.5.5.3.      Market Revenue and Forecast, by Distribution Channel (2017-2030)

Chapter 11.  Company Profiles

11.1.              Procter & Gamble Company

11.1.1.  Company Overview

11.1.2.  Product Offerings

11.1.3.  Financial Performance

11.1.4.  Recent Initiatives

11.2.              L’Oreal S.A.

11.2.1.  Company Overview

11.2.2.  Product Offerings

11.2.3.  Financial Performance

11.2.4.  Recent Initiatives

11.3.              Aveda Corp.

11.3.1.  Company Overview

11.3.2.  Product Offerings

11.3.3.  Financial Performance

11.3.4.  Recent Initiatives

11.4.              Johnson & Johnson

11.4.1.  Company Overview

11.4.2.  Product Offerings

11.4.3.  Financial Performance

11.4.4.  Recent Initiatives

11.5.              Unilever

11.5.1.  Company Overview

11.5.2.  Product Offerings

11.5.3.  Financial Performance

11.5.4.  Recent Initiatives

11.6.              The Estee Lauder Companies

11.6.1.  Company Overview

11.6.2.  Product Offerings

11.6.3.  Financial Performance

11.6.4.  Recent Initiatives

11.7.              Alcora Corp.

11.7.1.  Company Overview

11.7.2.  Product Offerings

11.7.3.  Financial Performance

11.7.4.  Recent Initiatives

11.8.              Beiersdorf Group (Nivea)

11.8.1.  Company Overview

11.8.2.  Product Offerings

11.8.3.  Financial Performance

11.8.4.  Recent Initiatives

11.9.              John Masters Organic

11.9.1.  Company Overview

11.9.2.  Product Offerings

11.9.3.  Financial Performance

11.9.4.  Recent Initiatives

11.10.           Kao Corp.

11.10.1.               Company Overview

11.10.2.               Product Offerings

11.10.3.               Financial Performance

11.10.4.               Recent Initiatives

Chapter 12.  Research Methodology

12.1.              Primary Research

12.2.              Secondary Research

12.3.              Assumptions

Chapter 13.  Appendix

13.1.              About Us

13.2.              Glossary of Terms

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