The global professional hair care market is estimated to be valued at USD 36.18 Bn in 2024, growing at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031. Rising consumer awareness about hair care and protection against environmental damage has driven the demand for professional hair products. Moreover, the increasing spending on personal grooming and styling products among both men and women is also supporting the market growth. Various professional hair care products such as shampoos, conditioners, serums, gels, and hair sprays are now widely available across both offline and online distribution channels. Market players are focused on developing innovative products with natural ingredients that cater to specific hair problems. They are also introducing products suitable for multiple hair types. With growing modern lifestyles and health consciousness, the professional hair care market is expected to continue its positive outlook over the coming years.
Market Dynamics:
The key factors, such as increasing disposable incomes, growing urbanization, and changing consumer lifestyles & preferences, are fueling the demand for professional hair care products globally. However, high costs of premium hair care products and availability of cheap alternatives may hinder the market growth. On the other hand, the emerging trends of social media marketing and influencer marketing present significant opportunities for marketers to promote their brands and personalized products. The growing e-commerce industry is also expected to offer lucrative opportunities for market expansion. Moreover, rising focus on male-specific grooming and hairstyling products holds potential for future market opportunities.
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Table of Contents
* Browse 25 market data tables* and 20 figures* on "Global Professional Hair Care Market” - Global forecast to 2031.
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