Hair

PORTLAND, OREGON, UNITED STATES, September 13, 2022 /EINPresswire.com/ -- The global hair conditioner market is expanding due to the growing popularity of organic hair products, customer preferences for hair treatments and masks, and the need to protect hair from chemical-based products. However, negative effects, the high cost of hair products, and the presence of substitutes all impede market expansion. However, an increase in demand for natural and eco-friendly products, as well as semi-solid hair conditioners, will bring new prospects in the coming years.

According to Allied Market Research, the global hair conditioner market was worth $8.46 billion in 2019 and is expected to be worth $10.47 billion by 2027, with a CAGR of 4.2% from 2021 to 2027. The study provides a thorough examination of evolving market trends, top segments, the value chain, important investment pockets, the regional landscape, and the competitive scenario.

Consumer demand for hair conditioners has risen significantly as a result of major manufacturers working with small companies to develop innovative products in order to expand their geographical presence and client base. Furthermore, because of the region's fast increasing cosmetics business, global market participants have a big opportunity in Europe.

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The health and fitness are driving the growth in hair care product segments, particularly hair conditioner, as consumers become more health-conscious and seek out products that are better for them. As a consequence, consumers are seeking to embrace their natural hair, reducing their use of certain hair care products associated with heavy chemical use. As a result, many companies are incorporating consumer and environmental attributes into their hair conditioner brands.

An increase in demand for hair care products as a result of rising hair-related issues such as dry, frizzy, and dull hair as well as an increase in hair fall problems are expected to contribute to the market growth during the forecast period. Specialized hair conditioners are in high demand. Color protect conditioner, for example, is designed for colored and chemically treated hair.

Hair textures differ from person to person, as do hair and scalp issues. Some people have damaged or dry hair, while others have breakage and hair fall issues. Many consumers are becoming aware of the potentially harmful effects of chemical ingredients found in various hair care products. As a result, the demand for organic and products containing natural ingredients is expected to be significant during the forecast period.

Based on type, the rinse-out segment contributed to the largest market share in 2019, holding around one-third of the total market share, and is projected to maintain its lead position during the forecast period. Moreover, this segment is estimated to register the largest CAGR of 4.8% from 2021 to 2027. The research also analyzes the segments including leave-in, deep, and others.

Based on end user, the women segment accounted for the highest share in 2019, contributing to nearly three-fifths of the global hair conditioner market, and is estimated to continue its dominance in terms of revenue during the forecast period. Moreover, this segment is projected to portray the highest CAGR of 4.5% from 2021 to 2027. The research also analyzes the segments including men and kids.

Based on region, Europe held the largest share in 2019, accounting for more than one-third of the total share, and is expected to maintain its leadership status by 2027. Moreover, this region is projected to manifest the fastest CAGR of 5.0% during the forecast period.

Leading players of the global hair conditioner market analyzed in the research include Estee Lauder Companies, Hindustan Unilever Limited, Henkel AG &Co. KGaA, Kao Group, Johnson & Johnson, Marico Limited, L’Oreal S.A., Oriflame Holding AG, Natura & Co., and Procter & Gamble (P&G).

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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