Friday , December 8 2023

Hair Styling Market Revenue Poised for Significant Growth During the Forecast Period

The report studies the factors influencing the growth of the industry in the global Hair Styling market and offers accurate predictions about the growth pattern. The report pays special attention to the key elements of the Hair Styling market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies.

The latest market intelligence report offers valuable insights into the prevailing growth opportunities for the global Hair Styling market and its intensely competitive scenario. The insightful data and information in the report have been gathered from a wide range of primary and secondary sources.

The market scope for the new entrants and established companies has been assessed using various analytical tools, including the SWOT analysis, investment assessment, and Porter’s Five Forces analysis. Furthermore, into the study, the authors of the report have evaluated the financial standing of leading companies operating in the industry.

The global hair styling market size was USD 20.61 Billion in 2021 and is expected to register a revenue CAGR of 5.1% during the forecast period. Growing adoption of organic hair styling products, rising trends for grooming and styling, and emergence of various hair colorants and hair styling products are some of the key factors driving hair styling market revenue growth

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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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