Hair Styling Products Market Size, Share, Growth Analysis, By Product(Hair Gel, Hair Wax, Hair Mousse, Hair Spray), By Gender(Male, Female), By Application(Household, Commercial), By Distribution channel(Hypermarkets/Supermarkets, Specialty Stores, Online channels, Others), By Region - Industry Forecast 2024-2031

Report ID: SQMIG30L2237 | Region: Global | Published Date: August, 2024
Pages: 198 | Tables: 87 | Figures: 73

Hair Styling Products Market Regional Insights

North America remains the dominant factor in the hair styling products market, driven largely by the strong demand for sophisticated luxury hair care products in the region. Consumers in North America show a strong interest in attending and have discovered the latest trends in hair styling, contributing to the continued search for new hair products and quality.

Asia-Pacific is emerging as the fastest growing market for hair styling products, characterized by high growth, with China playing a major role in meeting the market demand. Key players in the industry focus strategically on differentiating consumer preferences among urban youth, premium. Considering their tendency to spend on goods. Notably, products designed for specific hair types have become increasingly popular, reflecting a targeted approach by companies to meet the needs of different consumers.

Hair Styling Products Market Report Snapshots

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Hair Styling Products Market size was valued at USD 22.20 billion in 2022 and is poised to grow from USD 23.4 billion in 2023 to USD 35.64 billion by 2031, growing at a CAGR of 5.4% in the forecast period (2024-2031).

The competitive environment of the global Hair Styling Products market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. 'L'oreal SA (France)', 'Revlon, Inc. (U.S.)', 'Coty, Inc. (U.K.)', 'Indus Valley (India)', 'Combe Incorporated (U.S.)', 'Hoyu Co., Ltd (Japan)', 'John Paul Mitchell Systems (U.S.)', 'Cover Your Gray (U.S.)', 'Kao Corporation (Japan)', 'NATULIQUE ApS (Denmark)', 'Puig (Spain)', 'Coty Inc. (U.S.)', 'Kao Corporation (Japan)', 'The Estée Lauder Companies Inc. (U.S.)', 'Oriflame Cosmetics AG (Switzerland)', 'KOSÉ Corporation (Japan)', 'CHANEL (U.K.)'

Increased demand for various hairstyles is driven by consumers’ interest in exploring new hairstyles, experimenting with hair colors and adopting new offerings. The main driver of increased demand is western heads' widely accepted hair types, including straight, curly , wavy, and other trends. Customer flexibility has created a dynamic market in which market products are valued highly. Also, continuous innovation by various companies in introducing new hair products is fueling the growth of the market.

Consumers demonstrate a high level of consciousness and awareness about their appearance and appearance, driving growth in the hair styling products market. Lifestyle changes, with consumers gravitating towards sophisticated brands for hair, contributes significantly to the expanding market besides the continuous innovations by key players in the industry. This growth is also driven by strong marketing activities. As consumers are increasingly looking for more natural and sustainable alternatives, the market is witnessing an increase in the demand for plant-based products. In response to this trend, market players are strategically introducing new plant-based products, in line with the preference for natural and environmentally friendly solutions in hair styling.

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Hair Styling Products Market Regional Insights

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