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Subject: MRR

Professional haircare products market size to grow by USD 5.37 billion from 2021 to 2026; Growth driven by introduction of customized products - Technavio

NEW YORK, March 30, 2023 /PRNewswire/ -- The global professional haircare products market size is estimated to increase by USD 5.37 billion from 2021 to 2026. The market's growth momentum will be progressing at a CAGR of 4.71% during the forecast period. The market is driven by the introduction of customized products. Vendors in the market are focusing on the development and launch of new and innovative products to cater to growing consumer demands. They are introducing technologically advanced products that offer benefits such as UV ray protection, scalp care, and moisturizing benefits. Vendors have also begun investing in customized products and haircare treatments that suit the specific requirements of customers. For instance, in February 2022, Pantene launched the New Lengths Collection, a new haircare regimen created by scientists. All these factors are driving the growth of the global professional haircare products market. Discover some insights on market size and forecast before buying the full report - Request a sample report

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Global Professional Haircare Products Market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on distribution channel (offline and online), type (regular haircare products and natural and organic products), product (hair colorants, shampoos and conditioners, and hair styling products), and geography (North America, Europe, APAC, South America, and the Middle East and Africa).

Geography Overview
The report provides actionable insights and estimates the contribution of all regions to the growth of the global professional haircare products market.

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Global Professional Haircare Products Market ? Vendor Landscape

The global professional haircare products market is fragmented due to the presence of many vendors. Established vendors hold a significant share of the market. The presence of many small and mid-sized local players has made the market very competitive. The high fixed costs and high exit barriers have also increased the competition among vendors. The threat of rivalry was moderate in 2021 and is expected to remain the same during the forecast period. Some of the key vendors covered in the report include:

Global Professional Haircare Products Market ? Market Dynamics

Key Trends ? 

Evolving consumer demands are identified as the key trend in the market. Many vendors in the market are focusing on expanding their product portfolios to meet evolving consumer demands. Consumers are exhibiting high demand for value-added products at reasonable prices. This has encouraged vendors to introduce natural, chemical-free hair colorants in the market. Such developments among vendors are positively influencing the growth of the global professional haircare products market.

Major challenges ? 

The increasing penetration of DIY professional haircare solutions is identified as the major challenge in the market. DIY professional haircare solutions are increasingly becoming popular among consumers. These products consist of natural ingredients such as herbs and hydrolyzed plant proteins. The natural ingredients used in these products provide health benefits. For instance, glycerin can be used as an ingredient in haircare solutions for a cleansing and conditioning effect on the hair. The increasing popularity of such haircare products is reducing the growth potential of the market.

Drivers, trends, and challenges have an impact on market dynamics, which can impact
businesses. Find more insights in a sample report!

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Professional Haircare Products Market Scope

Report Coverage


Base year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 4.71%

Market growth 2022-2026

USD 5.37 billion

Market structure


YoY growth 2021-2022 (%)


Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 29%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Arbonne International LLC, Avon Beauty Products India Pvt Ltd, Chatters Ltd. Partnership, Combe Inc., Coty Inc., Emami Ltd, Henkel AG and Co. KGaA, Johnson and Johnson services Inc, Kao Corp., Kose Corp., LOreal SA, Natura and CO Holding SA, Revlon Inc, Shiseido Co. Ltd, The Estee Lauder Co. Inc., The Hain Celestial Group Inc., The Himalaya Drug Co, The Procter and Gamble Co., Unilever PLC, and World Hair Cosmetics Asia Ltd

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse through Technavio's Consumer Staples Market Reports

Table of contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Distribution Channel

6 Market Segmentation by Type

7 Market Segmentation by Product

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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