Hair Styling Products Market: Global Industry Analysis and Forecast (2023-2029)

The Hair Styling Products Market size was valued at US $ 22.58 Bn. in 2022 and the total revenue is expected to grow at 5.11 % through 2023 to 2029, reaching nearly US $ 32.01 Bn.
Hair Styling Products Market Overview:
Hairstyling products are makeup and hairstyling products that helps in the nourishment and styling of a person's hair. In recent decades, technology has advanced, resulting in a profusion of product options. This diverse range of products illustrates people all across the world's interest in hairstyles and personal care.

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Hair Styling Products Market Dynamics:
The growing popularity of hair styling products among men, as well as a growth in demand for items such as hair gels, hair wax, and clays, among other things, are all important factors driving the hair styling products market. The hair styling products market is growing due to changing fashion trends around the world, the introduction of organic goods, and the advent of numerous hairstyling, hair re-growth, and hair colorant products.

Increasing innovations in ingredients and technology, such as hair care products that address hair loss, higher product preparations, and an increase in supply for hairstyling and colorant products that represent individualism within millennia, are influencing hair styling goods. Hairstyling products were previously only popular among female customers. Hair gels, waxes, clays, and other styling products are becoming more popular among men. This is also due to shifting global fashion trends. The market for men's hair styling products is expected to grow during the forecast period.

The increased popularity of organic or natural goods, the development of new organic product lines to attract consumers, and Instagram influencers urging people to buy hair styling products are all driving the market for hair styling products. Also, changing lifestyles, more disposable money, product innovation, and smart strategic marketing initiatives drives the hair styling products market.

Product upgrading and the introduction of new creative items may give profitable opportunities for hair styling products market participants over the forecast period. And many examples involving the usage of hair styling products demonstrate the detrimental effects of these products on hair, limiting people's willingness to use them. During the forecast period, it may continue to limit the growth of the global hair styling products market.
Segment Analysis:
The global hair styling products market is segmented by Product Type, Gender, and Distribution Channel.

Based on the Product Type, the global hair styling products market is sub-segmented into Hair gel, Hair spray, Styling Creams & Waxes, Hair Mmousse, and Others. The Hair spray segment held the largest market share of xx% in 2022. Hairsprays to keep the hair light while still delivering volume. Because to a fashion-conscious youth population that is constantly updated about various hair care services, such as hairstyle and colorant products that represent individuality, consumer habits are driving the market forward.

Based on Gender, the global hair styling products market is sub-segmented into Male and females. The Male segment held the largest market share of xx% in 2022. Hairstyling products are items for males that help to keep their hair healthy and styled in any way they like. Shampoo, conditioner, 2-in-1 shampoo and conditioner, 3-in-1 shampoo conditioner and body wash, mask, leave-in conditioner, oil, serum, sprays, dry shampoos, and scalp treatments are some of the hair care products for males.

Cream, clay, gel or glue, wax, pomade, paste, foam or mousse, hairspray, and powder are all examples of male hairstyle products. These goods are used by men of all ages all around the world, both at home and in the workplace.
Regional Insights:
North America held the largest market share of xx% in 2022. Thanks to a large adolescent population that is preoccupied with their appearance. In addition, some of the most well-known businesses in the global hair styling products business are based in these locations.

Asia Pacific is expected to grow at the highest CAGR of xx% in the global market during the forecast period. Companies are now focusing on products rich in active ingredients, rising demand for products with healthy ingredients such as essential oils, organic and organically grown ingredients, and an increase in spending on personal products in the region as a result of the growing popularity of urban and youth populations with consumers.

The objective of the report is to present a comprehensive analysis of the global Hair Styling Products Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the global Hair Styling Products Market dynamic, structure by analyzing the market segments and projecting the global Hair Styling Products Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Hair Styling Products Market make the report investor’s guide.
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Global Hair Styling Products Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 21.49 Bn.


Forecast Period 2023 to 2029 CAGR:
5.11 %
Market Size in 2029:
US $ 32.02 Bn.


 Segments Covered:
by Product Type
Hair gel
Hair spray
Styling Creams & Waxes
Hair Mousse
Other


by Gender
Male
Female


by Distribution Channel
Wholesaler/Distributor
Supermarket/Hypermarket
Convenience Store
Specialty Store and Online Store



Hair Styling Products Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest)
Hair Styling Products Market Key Players
1. Amway Corp.
2. Henkel AG and Co. KGaA
3. Kao Corp.
4. LOreal SA
5. Oriflame Holding AG
6. Shiseido Co. Ltd.
7. The Estee Lauder Companies Inc.
8. The Procter and Gamble Co.
9. Unilever Group
10. Wella Operations US LLC
11. Avon Products
12. Amka Products (Pty) Ltd.
13. Zotos International
14. Mandom Corporation
15. Marico

Frequently Asked Questions:

1] What segments are covered in the Global Market report?
Ans. The segments covered in the global market report are based on Product Type, Gender, and Distribution Channel.

2] Which region is expected to hold the highest share in the global Market?
Ans. North America is expected to hold the highest share in the global  market.

3] What is the market size of the global Market by 2029?
Ans. The market size of the global market is expected to reach US $ 32.01 Bn. by 2029.

4] Who are the top key players in the global Market?
Ans. Amway Corp., Henkel AG and Co. KGaA, Kao Corp., LOreal SA, Oriflame Holding AG, Shiseido Co. Ltd., and The Estee Lauder Companies Inc. are the top key players in the global Hair Styling Products Market.

5] What was the market size of the global Market in 2022?
Ans. The market size of the global hair styling products market in 2022 was US $ 22.58 Bn.