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hair conditioner market
hair conditioner market
DUBLIN, Oct. 22, 2024 (Globe Newswire) — “Hair Conditioners – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.
The global hair conditioner market was estimated at USD 9.1 billion in 2023 and is projected to reach USD 11.2 billion by 2030, growing at a CAGR of 2.9% from 2023 to 2030.
What is driving the growth of the global hair conditioner market?
The growth of the global hair conditioner market is driven by several key factors such as rising awareness towards hair care, advances in product innovation, and rising consumer demand for premium and natural products. One of the main drivers is the increased importance placed on hair health and maintenance. As consumers become more informed about the importance of hair care, conditioner has become an essential part of daily grooming. Increased exposure to pollution, harsh weather conditions, and frequent use of heat styling tools have increased the need for products that can repair and protect hair from damage. Hair conditioners help maintain moisture, reduce hair breakage, and increase shine, and are considered essential in alleviating these problems and maintaining hair quality, and are steadily in demand. It is increasing.
Another key driver of market growth is the surge in demand for premium hair care products. As disposable incomes increase, especially in emerging markets in Asia Pacific and Latin America, consumers are increasingly willing to invest in high-quality conditioners that offer advanced benefits such as anti-aging, color protection, and damage repair. It has become. The popularity of professional products, often inspired by salon treatments, has led to a growing market for conditioners that promise longer-lasting, visible results. Premium conditioners with advanced formulations containing things like keratin, biotin, and collagen are extremely popular because they can address specific hair concerns like thinning, split ends, and dullness. Growing interest in self-care and wellness has also contributed to the rise of luxurious conditioning treatments that provide deep hydration, nourishment, and relaxation, elevating the status of conditioners from basic grooming products to luxury hair care essentials. I am.
Additionally, the rise of e-commerce and social media has significantly impacted the hair conditioner market. Online shopping platforms have given consumers easy access to a wide range of hair care products from global brands, driving market growth by increasing product availability and awareness. Social media platforms, particularly Instagram, YouTube, and TikTok, have also played a major role in shaping consumer preferences and driving product trends. Beauty influencers and hair care experts frequently share reviews and tutorials, introducing new conditioner products to their audiences and educating them on how to properly care for their hair. This digital shift has significantly increased the visibility and popularity of both niche and mainstream conditioner brands, increasing the demand for innovative and effective products.
Finally, the growing trend towards sustainability and environmental awareness is increasing the demand for conditioners that are in line with ethical and environmental values. Consumers are increasingly demanding hair conditioners with sustainable packaging, no animal testing, and biodegradable or plant-based ingredients. As a result, many brands are adopting more eco-friendly practices, offering refillable packaging options and highlighting their eco-friendly practices. A combination of rising consumer awareness, rising incomes, product innovations, and digital marketing strategies are driving the global hair conditioner market and ensuring continued growth and diversification in the coming years.
Key insights:
Market Growth: Understand the significant growth trajectory of the rinse-out conditioner segment expected to reach USD 4.1 billion by 2030 at a CAGR of 4.0%. The leave-in conditioner segment is also expected to grow at a CAGR of 2.6% during the analysis period.
Regional analysis: Gain insight into the US market, estimated to be worth $2.5 billion in 2023, and the Chinese market, expected to grow at a phenomenal CAGR of 5.9% and reach $2.3 billion by 2030. You can. You can see growth trends in other major regions such as Japan, Canada, and Germany. , and Asia Pacific.
Report features:
Comprehensive market data: Independent analysis of annual sales and market forecasts in million USD from 2023 to 2030.
Detailed regional analysis: Detailed insights into key markets including the US, China, Japan, Canada, Europe, Asia Pacific, Latin America, Middle East and Africa.
Company Profile: Covering major players in the hair conditioner market such as Amika, Henkel, Hindustan Unilever, Karastase, Kao, L`Oreal, Marico Ltd., Natura Eco Cosmetics OU, Naturali, Oriflame.
Free Updates: Receive 1 year of free report updates to stay on top of the latest market trends.
Answers to key questions:
How is the global hair conditioner market expected to develop by 2030?
What are the key drivers and constraints impacting the market?
Which market segment will grow the most during the forecast period?
How will the market share of different regions and segments change by 2030?
Who are the key players in the market and what is its future?
Key attributes:
report attributes
detail
Number of pages
187
Forecast period
2023-2030
Estimated market value in 2023 (USD)
$9.1 billion
Projected market value to 2030 (USD)
$11.2 billion
compound annual growth rate
2.9%
Target area
global
Main topics covered:
Market overview
Global market trajectory
Hair Conditioners – Global Main Competitors Market Share Percentage in 2024 (E)
Competitive Market Presence – Strong/Active/Niche/Mediocre (E) for Players Worldwide in 2024
Market trends and drivers
Rising consumer interest in hair health and wellness is driving hair conditioner market growth
The growing popularity of natural and organic hair care products expands the target market for conditioners
Case Summary: Growth in anti-frizz and moisturizing hair conditioners portends market expansion
Technological advances in active ingredients strengthen business case for hair conditioners
Case Summary: Increasing popularity of sulfate-free and silicone-free conditioners drives market expansion
Growth in e-commerce channels increases demand for innovative hair care products
Innovations in delivery systems (e.g. micellar technology) drive growth in hair conditioners
Strengthens business case for market introduction with focus on sustainable and eco-friendly packaging
Increased demand for conditioning products as emphasis is placed on reducing hair damage caused by styling and chemical treatments
Growth in the men’s grooming and hair care market expands the addressable market for hair conditioners
Featured in selected players (43 in total):
Amika
Henkel
Hindustan Unilever
Calastase
Kao Corporation
loreal
Marico Co., Ltd.
Natura Eco Cosmetics OU
naturali
Oriflame Holding
For more information on this report, please visit https://www.researchandmarkets.com/r/tb17yl.
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