Target Audience of Hair Care Market: Manufacturer / Potential Investors, Traders, Distributors, Wholesalers, Retailers, Importers and Exporters, Association and government bodies.
Hair Care Market Report provides key statistics on the market status of the Hair Care Key-players/Manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Industry
The Indian hair care market is expected to register a CAGR of about 7.86% during 2018-2023 (the forecast period). The focus and expenditure of people on their physical appearances are fueling the Indian hair care market. The high rate of urbanization has led to a number of people, who are working, to increase focus on looking presentable and professional. This trend is not restricted to women, as one of the highest growth sectors in personal care as well as hair care are the product categories for men. These products were introduced by some brands, further, newer brands are rapidly filling out the men’s hair care space with products, such as shampoos, conditioners, and serums. Hair styling products for men, such as gels, sprays, etc., were already present in the Indian hair care market.
DIY Herbal Products to Gain a Strong Hold on the Market
Herbal ingredients infused with hair care products is an emerging trend that is fueling the growth the Indian hair care market. Multiple herbal formulations are popular in the Indian market, with herbal hair care leaders being Himalaya Herbals and a few others. The popularity of herbal based products, has led to an increase in the R&D activities by companies, which are looking to infuse herbal benefits into products to increase their sales. A large sum of the aging population, not looking to spend too much on hair coloring, has fuelled up the trend of hair color DIY packs.
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Major companies covered in this Report:
- L’Oreal SA India
- Procter & Gamble Co.
- Hindustan Unilever Ltd
- Dabur India Ltd
- Lakme Cosmetics
- Patanjali Ayurved Ltd
- Quest Retail Pvt. Ltd
- Henkel AG & Co.
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This Hair Care market report offers an overview of the market trends, drivers, and barriers with respect to the market. A detailed analysis of key players, along with key growth strategies adopted by them is also covered in this report on Hair Care market.