The Hair Care Stores Global Market Report 2023, provides comprehensive information on the hair care stores market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global hair care stores market size is expected to grow from $152.94 billion in 2022 to $166.01 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global hair care stores market size is expected to reach $217.32 billion in 2027 at a CAGR of 7.0%.
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Technological advancements have emerged as the key trend gaining popularity in the hair care stores market. Major companies operating in the hair care stores market are developing advanced technologies to sustain their position in the market. For instance, in March 2022, Revieve Oy, a Finland-based beauty technology company, introduced AI Haircare Advisor, created in partnership with the Living Proof haircare line by Unilever plc, a UK-based consumer goods company. Revieve’s AI Haircare Adviser empowers clients to understand and care for hair with user input, unique mobile selfie diagnostics for hair, and AI-powered personalized recommendations. Customers can submit their issues and expectations for a haircare routine in the AI Haircare Adviser experience. Customers can take a picture, which is then examined using patented mobile selfie diagnostics to assess the state of many hair parameters like hair type, volume, curl type, color, and others.
The hair care stores market is segmented:
1) By Product: Hair Colorants, Shampoo, Conditioner, Hair Oil, Other Products
2) By Distribution Channel: Supermarket Or Hypermarket, Specialty Stores, Online Stores, Other Distribution Channels
3) By Application: Hair Treatment, Scalp Treatment
North America was the largest region in the hair care stores market in 2022.
The table of contents in TBRC’s hair care stores market report includes:
1. Executive Summary
2. Hair Care Stores Market Characteristics
3. Hair Care Stores Market Trends And Strategies
4. Hair Care Stores Market – Macro Economic Scenario
5. Hair Care Stores Market Size And Growth
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26. Africa Hair Care Stores Market
27. Hair Care Stores Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hair Care Stores Market
29. Hair Care Stores Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- L’Oréal S.A
- Unilever plc
- Johnson & Johnson Private Limited
- Kao Corporation
- Henkel AG & Co
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