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2021-01-21
559
Global
The Global Haircare Market was valued at US$87.261 billion in 2019.The changing fashion trends and rise in awareness of the availability of new, more effective, and safer hair care products have led to a significant increase in the use of these products, which in turn boosting the hair care market globally.Furthermore, the growing demand for organic/natural products for personal grooming has become one of the primary concerns for individuals. Among the organic hair care products, owing to its wide usage, conditioners and shampoos held a majority share in the global organic haircare market in 2018. Furthermore, anti-dandruff organic hair oils are expected to register robust growth over the forecast period.
The increasing use of social media is also encouraging consumers to explore various global haircare brands, thereby spurring the global haircare market growth. Continuous expansion of distribution channels such as online stores, specialty stores, and salons are also contributing to the global market growth of haircare as this has made many professional hair care products easily accessible to consumers.By the sales channel, the online segment will witness a higher CAGR during the forecast period. With the growing working female population, the demand for convenient and time-saving shopping via online stores is boosting the growth of this segment. Furthermore, online stores allow customers to purchase international haircare products easily and at discounted rates as well. As such, many haircare manufacturers have started their own web portals for selling various haircare products.People nowadays are more concerned about hair aesthetics which has also led to a rise in the number of consumers opting for hairstyle chemical treatments including dyeing and straightening. Since chemically-treated hair requires premium hair care products to maintain the health and texture of hair, the demand for premium haircare products is increasing significantly, thereby fuelling the overall haircare market growth.
The report analysis and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Global Hair Care E-Commerce Market" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
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