LONDON–(BUSINESS WIRE)–Technavio has been monitoring the professional haircare products market and it is poised to grow by USD 4.63 bn during 2020-2024, progressing at a CAGR of 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Coty Inc., Henkel AG & Co. KGaA, Kao Corp., KOSÉ Corp., L’Oréal SA, Natura & Co., Shiseido Co. Ltd., The Estée Lauder Companies Inc., The Procter & Gamble Co., and Unilever Group are some of the major market participants. The expansion of the spa market will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Expansion of the spa market has been instrumental in driving the growth of the market.
Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Professional Haircare Products Market 2020-2024: Segmentation
Professional Haircare Products Market is segmented as below:
- Hair Colorants
- Shampoos And Conditioners
- Hair Styling Products
- Distribution channel
- North America
- South America
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Professional Haircare Products Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The professional haircare products market report covers the following areas:
- Professional Haircare Products Market Size
- Professional Haircare Products Market Trends
- Professional Haircare Products Market Industry Analysis
This study identifies the common issues such as dandruff, damaged hair due to sun exposure, and damaged scalp as the prime reasons driving the professional haircare products market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Professional Haircare Products Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist professional haircare products market growth during the next five years
- Estimation of the professional haircare products market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the professional haircare products market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of professional haircare products market vendors
Table of Contents:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product placement
- Hair colorants – Market size and forecast 2019-2024
- Shampoos and conditioners – Market size and forecast 2019-2024
- Hair styling products – Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by Distribution channel
- Market segments
- Comparison by Distribution channel placement
- Offline – Market size and forecast 2019-2024
- Online – Market size and forecast 2019-2024
- Market opportunity by Distribution channel
Market Segmentation by Type
- Market segments
- Comparison by Type placement
- Regular haircare products – Market size and forecast 2019-2024
- Natural and organic products – Market size and forecast 2019-2024
- Market opportunity by Type
Drivers, Challenges, and Trends
- Market drivers
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Volume driver – Demand shift in adjacent markets
- Price driver – Inflation
- Price driver – Shift from lower to higher priced units
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Coty Inc.
- Henkel AG & Co. KGaA
- Kao Corp.
- KOSÉ Corp.
- L’Oréal SA
- Natura & Co.
- Shiseido Co. Ltd.
- The Estée Lauder Companies Inc.
- The Procter & Gamble Co.
- Unilever Group
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.