The global hair care market has shown a substantial growth in the recent year. Hair care products are formulated to help nourish hair and prevent hair damage resulting from pollution, dryness, and other factors. The hair care market comprises thousands of products, each claiming to have unique properties. Such products could be composed of either natural ingredients or synthetic ingredients, which are combined with other cleaning, moisturizing or protective substances. A few products that are widely available in the global hair care market include: shampoos, conditioners, serums, hair styling gels, hair colorants, hair sprays and glazes, scalp nourishing products, hair masks, and hair accessories According to NOVONOUS the industry is anticipated to grow at a CAGR of 2.91% over the period of next five years. The growth in this market is predicted on the basis of various factors like growth drivers, current and incoming trends, current growth pattern, and market challenges.
NOVONOUS has studied this market and had analyzed the driving forces behind the success of this industry globally. The report provides in-depth analysis for the hair care market for the next five years including market structure, market trends, market constraints and industry drivers. The factors driving the global hair care market are growth in urbanization, growth in income level, increasing pollution level, growing population, market consolidation with mergers and acquisitions and improvement in living standards of people, etc.
Due to huge demand and opportunity in this industry, the number of small players has also increased. Some of the big established players are like L’oreal, Unilever, P&G, Estee Lauder, Etc. This growing demand has enabled the small companies to enter into the global market. Most of the big companies are opting for strategic alliances so as to expand into a new market.
Ambarish Kumar Verma, Managing Director of NOVONOUS Business Consulting Private Limited said “Most of the hair care companies operate in many countries worldwide which mean that it must abide by their national laws. The extent of the company’s multinational activity means that it must devote considerable resources to scanning the legal horizon and ensuring that it responds to changes accordingly.”
This industry is segmented according to geography wise and product type. In geography it is segmented into Asia Pacific, Middle East & Africa, North America, South America and Europe. North America holds the largest market share. In product type the market is segmented into shampoos, conditioners, hair styling, hair colors, hair treatments and hair oils. NOVONOUS has used SWOT, Porter’s five forces and PESTLE models for analysis purpose. And on the basis of its findings NOVONOUS has been able to give strategic recommendations to End Users, Investors, Policy Makers and Service Providers.
This research report present detail assessment of global hair care market with insights supported by facts and validated market data.
To know more about this newly launched market research report visit “Global Hair Care Market 2016-2020”
Spanning over 157 pages and 105 exhibits, “Global Hair Care Market 2016-2020” report presents an in-depth assessment of the industry from 2016 till 2020.
Scope of Hair Care Market 2016 – 2020 Report:
- This report provides detailed information about Global Hair Care market including future market forecasts.
- This report identifies the need for focusing on Hair Care market.
- This report provides detailed information on growth Forecast for overall Global Hair Care market up to 2020.
- This report provides detailed information on product wise shampoo, conditioners, hair oils, etc.
- This report provides detailed information on geography wise (Asia Pacific, Europe, Middle East and Africa (MEA), North America & South America) growth forecasts for Global Hair Care market up to 2020.
- The report identifies the growth drivers and inhibitors for Global Hair Care market.
- This study also identifies various policies related to Global Hair Care market.
- The report identifies various credit, policy and technical risks associated with Global Hair Care market.
- This report has detailed profiles 10 key players in Global Hair Care market covering their business strategy, financial performance, future forecasts and SWOT analysis.
- This report covers in details the competitive landscape in Global Hair Care market.
- This report provides Porter's Five Forces analysis for Global Hair Care Market.
- This report provides SWOT (strengths, weakness, opportunities and threats) analysis for Global Hair Care market.
- This report identifies the key challenges faced by new players in Global Hair Care market.
- This report provides future trends and opportunities for Global Hair Care market.
- This report also provides strategic recommendations for policy makers, end users, manufacturers and investors.
For more information and purchase this report please visit:
About NOVONOUS Business Consulting Private Limited
NOVONOUS helps organizations differentiate themselves, break entry barriers, track investments, develop strategies and see through corporate fog by providing business intelligence that works for their business. For more information about NOVONOUS visit: http://www.novonous.com
For more information, visit: http://www.novonous.com/publications/global-hair-care-market-2016-2020