Hair Care Industry Market Size In India

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Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your. Skin care is a close second and growing fast, expected to have revenue of almost $11 billion by 2018.

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The global professional hair care market size was valued at $18,072.9 million in 2017, and is projected to reach $26,242.7 million by 2026, registering a cagr of 4.6% from 2019 to 2026.

Hair care industry market size in india. The hair care market is growing at a cagr of 3.35% over the next 5 years. The hair care market is a key constituent of the indian personal care sector and is witnessing steady growth owing to increased product penetration as well as expanding product portfolio. Revenue in the hair care segment amounts to us$2,888.5m in 2021.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections. The india skin care products market size was valued at $2,478.4 million in 2017, and is projected reach $5,033.7 million by 2027, registering a cagr of 9.5% from 2021 to 2027. Increasing number of fashion conscious consumers and rise in male grooming, coupled with demand for healthy, lustrous, and.

This growth in hair care market size will be attributed to numerous factors including a host of technological, environmental, and economic changes driving. The global hair loss treatment products market is projected to grow at a cagr of 3.56% during the forecast period. Asia pacific is expected to lead the global hair care market in the coming years.

Men’s grooming across the globe has witnessed a paradigm shift in recent years. Non coconut or perfumed oil segment has a market size of rs 4,283 crore. The idea behind personal grooming is to maintain basic hygiene and cleanliness of the body parts.

The major drivers driving the market are changing lifestyle patterns, adoption of a hectic schedule that increases stress levels, which in turn results in frequent hair loss at an earlier stage among the young population, growing disposable income and increased emphasis on appearances. In 2016, the region held 33.12% of the total share in the market. Hair care is the largest segment with 86,000 locations.

The ever increasing population, higher per capita income in developing countries like india and china, and awareness about hair care are promoting growth here. This statistic depicts the estimated size of the global hair care market from 2012 to 2025. Skin care is the practice of maintaining and enhancing one’s physical appearance with the use of various skin care products, including cream, lotions and others.

These are some of the findings of a study on the indian haircare market by nielsen, a global market research firm, that pegs the indian haircare industry size at more than $3 billion. Moreover, rising number of working women is leading to higher demand for personal care product. These products are used to groom hair and get an aesthetic.

India hair care market is growing with a cagr of 16.95% from last five years and is projected to increase further by the year 2021 due to rising personal care, brand awareness, increasing. India is traditionally known for extensive use of hair oil as conditioners and this product segment still holds a leading share of hair care market. While demand for hair care products is increasing in both rural and urban markets, urban consumers have proven to be more extravagant.

In 2018, the global hair care market is estimated to be worth about 87.9 billion u.s. The segment hair care covers all products used for the. According to imarc group’s latest report, titled “hair care market:

The global hair care market size was estimated at usd 173.2 billion in 2019 and is expected to reach usd 178.4 billion in 2020. Indeed, a kpmg wellness sector report released in april this year projected that the size of india's beauty and wellness market would nearly double to rs 80,370 crore by 2017/18 from rs 41,224. India hair care market analysis, market size, application analysis, regional outlook, market trends, competitive strategies, research and forecasts, 2016 to 2024 india hair care market is anticipated to grow over the upcoming period owing to factors such as rising urbanization and increase in disposable income.

The global men’s grooming products market size was valued at usd 55.0 billion in 2018. India's hair care industry is worth rs 22,500 crores!. India skin care market stood at $ 1.6 billion in 2017 and is projected to grow at a cagr of 9% to reach $ 2.7 billion by 2023, on the back of rising disposable income, increasing demand for skin care products across all age groups, especially young population, and growing awareness among consumers about various skin care products.

The increase in hair fall rates across the world and the popularity of personal grooming and beauty products are the major factors likely to influence the market growth. What is the growth rate of hair care market ? This growth is being driven in part by a generally increasing awareness of the importance of skin care, but also specifically due to an increase in the market for men.

The professional hair care products comes under the category of cosmetics and personal care products.

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