Key Developments

In February 2024, the acclaimed singer and performer, Beyoncé introduced her highly anticipated line of hair care products, marking her official foray into the beauty industry
In January 2023, Henkel, a multinational company specializing in consumer and industrial products, completed the acquisition of Shiseido Professional. This strategic move was aimed at bolstering Henkel's footprint in the Asia Pacific region's professional hair care market. By integrating Shiseido Professional's expertise and product portfolio, Henkel aimed to enhance its offerings and strengthen its position in this rapidly growing market segment.
In January 2023, Procter & Gamble (P&G), a global consumer goods company, completed the acquisition of Mielle Organics, a textured hair care brand founded by Black entrepreneurs. This strategic move was undertaken with the aim of diversifying and expanding P&G's product range to better cater to the needs of individuals with textured hair.
In February 2022, Honasa Consumer, the parent company of Mamaearth, successfully acquired the hair care brand and salon business of BBLUNT from Godrej Consumers for a sum of Rs 134 crore. This strategic acquisition was aimed at expanding Honasa Consumer's presence in the hair care market and strengthening its portfolio of offerings.
In 2023, a U.S.-based professional hair brand, Redken was launched in India on Nykaa