Professional Hair Care Market Size, Share, Industry Trends and Forecast to 2033
This report provides an in-depth analysis of the Professional Hair Care market from 2023 to 2033, focusing on market trends, segmentation, regional insights, and competitive landscape. It delivers valuable insights and forecasts to support strategic decision-making.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $15.20 Billion |
| CAGR (2023-2033) | 5.8% |
| 2033 Market Size | $27.07 Billion |
| Top Companies | L'Oréal, Procter & Gamble (P&G), Unilever, Coty Inc., Henkel AG |
| Last Modified Date | 15 Nov 2024 |
Professional Hair Care Market Report (2023 - 2033)
Professional Hair Care Market Overview
What is the Market Size & CAGR of Professional Hair Care market in 2023?
Professional Hair Care Industry Analysis
Professional Hair Care Market Segmentation and Scope
Request a custom research report for industry.
Professional Hair Care Market Analysis Report by Region
Europe Professional Hair Care Market Report:
In Europe, the Professional Hair Care market is expected to advance from $4.35 billion in 2023 to $7.74 billion in 2033. The European market is characterized by a strong preference for natural and organic product offerings, regulatory frameworks promoting sustainability, and an increasing focus on diversity in hair care solutions for varying hair types and textures.Asia Pacific Professional Hair Care Market Report:
In the Asia Pacific region, the Professional Hair Care market was valued at approximately $2.88 billion in 2023, expected to grow to $5.12 billion by 2033. The region's growth is fueled by increasing urbanization, changing lifestyle dynamics, and rising popularity of personal grooming among millennials and Gen Z consumers. The market's expansion is also attributed to a booming salon culture and a surge in the availability of varied hair care products in local markets.North America Professional Hair Care Market Report:
North America holds a dominant position in the Professional Hair Care sector, with a market value of $5.71 billion in 2023, projected to reach $10.17 billion by 2033. The growth is propelled by high consumer spending on beauty and wellness products, a wide-scale presence of professional salons, and strong brand loyalty towards established hair care brands. Trend-driven innovations and regulatory developments further influence market dynamics.South America Professional Hair Care Market Report:
The South American Professional Hair Care market is anticipated to grow from $0.52 billion in 2023 to $0.93 billion in 2033. Factors driving growth include rising middle-class consumers seeking premium products, cultural shifts towards self-care, and increased emphasis on healthy hair. However, economic fluctuations in some countries may present challenges.Middle East & Africa Professional Hair Care Market Report:
The Middle East and Africa market is projected to grow from $1.75 billion in 2023 to $3.11 billion in 2033. Rapid urbanization, growth in the beauty and grooming sector, and rising awareness about hair care among consumers contribute positively to this region's market expansion. However, economic disparities and varying regulatory environments may pose challenges.Request a custom research report for industry.
Professional Hair Care Market Analysis By Product Type
Global Professional Hair Care Market, By Product Type Market Analysis (2023 - 2033)
The market for hair care products is dominated by shampoos, which constitute a market size of approximately $9.98 billion in 2023, expected to grow to $17.78 billion by 2033. Conditioners follow closely, currently holding a market size of $3.83 billion, slated to reach $6.83 billion. In addition, styling products, while smaller, are projected to show steady growth given consumer interest in diverse hair styling options.
Professional Hair Care Market Analysis By Hair Type
Global Professional Hair Care Market, By Hair Type Market Analysis (2023 - 2033)
The segmentation by hair type reveals that products catered towards curly hair dominate the market, holding a market size of $9.98 billion in 2023, with projections reaching $17.78 billion by 2033. Straight hair products account for approximately $3.83 billion, expected to expand as awareness regarding tailored hair products rises. Wavy hair products account for $1.38 billion, showing potential for growth as the market diversifies.
Professional Hair Care Market Analysis By Distribution Channel
Global Professional Hair Care Market, By Distribution Channel Market Analysis (2023 - 2033)
Salons remain the primary distribution channel, holding a noteworthy market share of 65.67%, with an expected size growth from $9.98 billion in 2023 to $17.78 billion by 2033. Retail and e-commerce channels are also gaining traction, currently valued at $3.83 billion and $1.38 billion respectively, revealing the significant shift in shopping behavior among consumers preferring online purchases.
Professional Hair Care Market Analysis By End User
Global Professional Hair Care Market, By End User Market Analysis (2023 - 2033)
The Professional Users segment leads the market with a size of $13.01 billion in 2023, projected to reach $23.17 billion by 2033, indicating professionals’ influence in setting trends and driving product demand. Individual consumers represent a growing segment as well, moving from $2.19 billion to $3.91 billion, driven by increased awareness and focus on personal grooming.
Professional Hair Care Market Trends and Future Forecast
Request a custom research report for industry.
Global Market Leaders and Top Companies in Professional Hair Care Industry
L'Oréal:
L'Oréal is a leading player in the Professional Hair Care market, known for its diverse range of products across various segments. Capitalizing on innovation and marketing strategies, L'Oréal continues to develop professional-grade hair care solutions catering to salons and individual consumers.Procter & Gamble (P&G):
Procter & Gamble offers an array of professional hair care products, including brands like Wella and Pantene. P&G's focus on research and development ensures that they remain at the forefront of industry trends and consumer needs.Unilever:
Unilever’s Professional Hair Care division includes popular brands such as TRESemmé and Dove. Unilever prioritizes sustainable development and community awareness, bringing products that address the needs of diverse consumer bases.Coty Inc.:
Coty specializes in beauty products and has a well-established presence in the Professional Hair Care market with brands like Wella professionals and ghd. Their focus on high performance and salon-quality products has positioned them prominently in the industry.Henkel AG:
Henkel AG, through its Schwarzkopf brand, offers professional hair color and treatment solutions. Their commitment to sustainability and innovation places them as a significant player in the hair care industry.We're grateful to work with incredible clients.
