The Asia Pacific Hair Shampoo Market would witness market growth of 5.5% CAGR during the forecast period (2021-2027).
Hair that is healthy, lustrous, and stronger is a key element among adolescent females, driving the worldwide hair care industry. The advent of Men’s grooming trends including longer hair lengths for males, on the other hand, are impending growth trends that will shape the future of the Asia pacific hair shampoo industry. Beer hair cleansers from Park Avenue, Wow apple cider vinegar from Wow, and Alpecin caffeine hair cleaners from Alpecin are a few examples of the best-in-class hair care products that are potential factors that would be contributing to the rising demand in the hair shampoo industry.
Moreover, the growing popularity of hair coloring has created several chances for big players to develop hair cleaning solutions that can maintain the hair color, such as the introduction of purple hair wash products developed exclusively for blonde hair. These products are popular due to their attribute of offering enhanced hair quality along with a cleaner scalp. Additionally, manufacturers of these products claim to offer the retention of the hair quality, hygiene, and strength of the hair of consumers.
The increased utilization of hair shampoos across APAC can be ascribed to an increase in the number of millennials and Gen X in the countries, as well as increased spending on hair care products. Moreover, because the majority of Asians have black hair, treatments that provide solutions for hair greying are in high demand in the region. In addition, to improve market penetration, manufacturers are targeting the rural population with the launch of low-cost sachets.
The China market dominated the Asia Pacific Hair Shampoo Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $3,406.8 million by 2027. The Japan market would experience a CAGR of 5% during (2021 - 2027). Additionally, The India market is anticipated to grow a CAGR of 6.2% during (2021 - 2027).
Based on Distribution Channel, the market is segmented into Drug Stores or Pharmacy, Mass Merchandiser, Specialty Stores, Hypermarkets & Supermarkets, Mono-brand Stores, Departmental Stores, and Online Sales Channel. Based on End User, the market is segmented into Women, Men, and Kids. Based on Product Type, the market is segmented into Non-Medicated and Medicated. Based on Type, the market is segmented into Non-premium and Premium. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Hair Shampoo Market is Projected to reach USD 38.7 Billion by 2027, at a CAGR of 4.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include L'Oreal Group, Estee Lauder Companies, Inc., Johnson & Johnson, The Procter and Gamble Company, Unilever PLC, Henkel AG & Company, KGaA, Kao Corporation, Marico Limited, Oriflame Cosmetics Global SA (Oriflame Holding AG) (Oriflame Investment Holding Plc) (Oriflame Holding Ltd), and Natura & Co Holding SA.
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