The report talks about the shift in demands and emerging trends that are expected to drive the growth of the Hair Styling Market. The rising demand for the Hair Styling Market is expected to drive the demand for Hair Styling Market, thereby bolstering the growth of the industry. Moreover, the report also studies the impact of the COVID-19 pandemic on the market.
The global hair styling market size reached USD 20.61 Billion in 2021 and is expected to register a revenue CAGR of 5.1% during the forecast period, according to latest analysis by Emergen Research. Growing adoption of organic hair styling products is a key factor driving market revenue growth.
Demand for organic and natural hair styling products is increasing gradually in recent days. Individuals want to hydrate, protect, and strengthen their hair and many of them prefer to do it using natural ingredients without any chemicals. According to industry experts, organic and natural hair products are rapidly expanding in the market. Rising consumer awareness of adverse effects of synthetic compounds in hair styling products, such as parabens, sulfates, and triclosan, is pushing users to sift on organic hair care and styling products. Various companies are developing organic hair styling products in the recent days. For instance, in October 2020, T-LAB Professional introduced an all-natural styling products collection designed to maintain a healthy beauty routine for user and is helping to achieve a salon look with active organic ingredients. T-LAB Professional is the first company to introduce a professional clean beauty styling product line made up to 99% natural ingredients.
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Some Key Highlights from the Report:
- The hair sprays segment revenue is expected to increase at a steady rate over the forecast period due to increasing awareness of personal grooming and rising beauty standards. In addition, rising development of saloons and spas across the globe is creating high demand for hair sprays, as young people visit salons more frequently in recent days.
- The hair straightening segment is expected to register a steady revenue growth rate over the forecast period due to rising demand for hair straightening among individuals, especially females. Growing need for appropriate hairstyles while also being concerned about maintaining hair quality is expected to drive revenue growth of this segment.
- The North America market accounted for largest revenue share in the global hair styling market in 2021. This is due to rising adoption of various hair styling and hair colorant products among individuals in countries across the region, especially in U.S., Canada, and Mexico. In addition, rising use of hair color products across the region is supporting revenue growth of the market.
The leading market contenders listed in the report are:
Procter & Gamble, Unilever Plc., L'Oréal S.A., Kao Corporation, Shiseido Company, Limited, Henkel AG & Co., Amorepacific Corporation, Ouai Haircare, Godefroy Beauty, Avon Products Inc., Shu Uemura Art of Hair, and Amka Products (Pty) Ltd.
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Segments Covered in this report are:
- Product Outlook (Revenue, USD Billion; 2019-2030)
- Hair Gels
- Hair Mousse
- Hair Sprays
- Styling Creams
- Waxes
- Others
- Gender Outlook (Revenue, USD Billion; 2019-2030)
- Female Hair Styling
- Male Hair Styling
- Service Outlook (Revenue, USD Billion; 2019-2030)
- Hair Coloring
- Hair Spa
- Hair Straightening
- Hair Smoothening
- Others
Geographical Analysis:
The report offers a comprehensive analysis of the current growth prospects for the regional segments of the Hair Styling market. It further gauges their revenue share for the forecast period. Furthermore, the report analyzes the year-on-year growth rate of the market in these regions for the forecast period. The leading geographic regions covered in this report are as follows:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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