This report describes the global market size of Premium Hair Care Market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 6.6% from 2023 to 2030.
The term Premium hair care describes the hygienic and cosmetic attention given to the hair in order to keep it looking well. These items are more expensive and of higher quality than those made in large quantities.
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Premium Hair Care Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 6.6% during the forecast period 2023-2030. North American market for Premium Hair Care Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of % during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
Middle East and Africa
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Premium Hair Care Market as well as some small players. The information for each competitor include:
Main Business Information
Sales Volume, Revenue, Price and Gross Margin
Hair Styling Products
In 2022, shampoo had a market share of more than 28.5% in terms of sales. The increased frequency of numerous hair-related issues like dandruff, thinning, oily scalp, dryness, and itching is blamed for the rising need for shampoos. The shift in consumer lifestyles and environmental issues like growing pollution, which is bad for the health of the scalp, are both contributing to the market growth for premium shampoo.
Additionally, consumers are spending more to maintain a healthy lifestyle and are paying more attention to their hygiene, which is driving up demand for shampoos and other personal care items.
With a proportion of more than 82.0%, female customers dominated the markets in 2022. The market is growing as more women go to work. Women who experience high levels of stress, work pressure, long hours, and poor work-life balance are more likely to experience hair-related issues like thinning, greying, and other issues. Women now have a big need for high-end products since they can use them to preserve their preferred appearance.
By Distribution Channel
Supermarkets & Hypermarkets
Pharmacy and Drug Store
More than 27.0% of the global market's revenue in 2022 came from the online sector, which had the greatest revenue share. Because of the convenience and broad selection of brands available online, consumers choose to make purchases through these channels. Additionally, a number of online retailers offer the goods at a lower cost than traditional brick and mortar retailers, which is anticipated to increase product sales through this channel. The main elements promoting the sales of high-end hair care products through this channel are value-added services provided by the e-retailers, such as an easy refund policy, enormous discounts, free shipping, availability of a large choice of foreign brands, and cash on delivery.
Middle East & Africa
In 2022, Asia Pacific had a market share of more than 37.0%. The most major trend in 2020 was organic premium hair care products, as many Asian consumers became aware of the many advantages of high-end cosmetics made with sustainably derived materials. One of the key elements driving the demand for high-end hair care products is the region's expanding middle-class population. These customers look for high-end, upscale goods.
Procter & Gamble Company
L Oreal S.A.
Johnson & Johnson
The Estee Lauder Companies
Beiersdorf Group (Nivea)
John Masters Organic
Please ask for sample pages for full companies list
Base Year: 2022
Historical Data: from 2018 to 2021
Forecast Data: from 2023 to 2030
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