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Category: Business and Industry
Date Submitted: 12/31/2015 01:53 AM
Global Hair Care Market 2015-2019 report is the latest addition to RnRMarketResearch.com industry research reports collection. The report is about 91 pages and provides 58 Exhibits; the report is published in Dec -2015.
The market research analyst predicts the global hair care market to grow at a CAGR of around 3% during the forecast period. The growing number of fashion conscious consumers and the rise in male grooming are driving the growth of the hair care market globally. The increase in the aging population in developed nations such as the US, the UK, Canada, Germany, China, and Japan has also boosted the sales of hair care products.
The growth of organized retail is also expected to drive the growth of the market during the forecast period. Hair care products are exclusively kept on separate shelves in the beauty and personal care sections in the retail stores. For instance, Wal-Mart, one of the largest organized retail chains in the world, contributed 14% of P&G's net revenue during 2014.
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Product segmentation and analysis of the hair care market
Shampoo
Hair color
Conditioner
Hair styling products
Shampoos accounted for 34% of the market share during 2014 and is expected to reach a market value of around USD 28 billion by 2019. The report predicts Brazil, China, and India to be the fastest-growing region in the shampoo segment during the forecast period.
Geographical segmentation and analysis of the global hair care market
Americas
APAC
Europe
MEA
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The Americas were the largest revenue contributor during 2014 with a market share of around 37%. The developed economy and changing consumption pattern in this region are primarily driving the market. The aging population has also contributed to the growth of this...