Report ID: SQSG30L2050
Report ID:
SQSG30L2050 |
Region:
Global |
Published Date: April, 2024
Pages:
157
|
Tables:
117 |
Figures:
77
Geographically, the global natural hair care product market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America accounted for major share of the global natural hair care product market in 2020. Growing demand for natural products and cosmetic brands that are replacing synthetic chemicals with natural ingredients is a key factor fuelling the market growth in the region. The market in North America is anticipated to grow at a moderate rate during the forecast period due to rising focus on personal grooming and hair care practices by men and women. Demand for natural hair care products is projected to surge in the U.S., Canada, and Mexico.
Europe, being the largest beauty and cosmetics region, opens doors of opportunities for various natural cosmetic manufactures. According to Cosmetics Europe, a European trade association for the cosmetics and personal care industry, the beauty and cosmetics market size was valued at certain US billion dollars. The high concentration of manufacturers in European countries, such as Germany and France, is expected to drive innovation in natural hair care products.
The natural hair care market in Asia Pacific is anticipated to expand at a significant growth rate during the forecast period due to rising awareness about the harmful effect of chemical based hair care products, besides the promotional initiatives undertaken by companies such as distribution of free samples of natural hair care products, awareness campaigns etc. in China, India, Japan, and other Southeast Asian countries. This is projected to surge the demand for natural hair care products in the Asia Pacific region. His growth is mainly attributed due to replacement of the synthetic products with natural/organic products. Also, being the largest beauty and cosmetic region, it is expected to drive the growth of the natural hair care product market.
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REQUEST FREE CUSTOMIZATIONNatural Hair Care Market size was valued at USD 9.67 billion in 2019 and is poised to grow from USD 10.3 billion in 2023 to USD 18.17 billion by 2031, growing at a CAGR of 6.51% in the forecast period (2024-2031).
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Report ID: SQSG30L2050