Market Overview:
The global luxury haircare products market is expected to register a CAGR of 5.8% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for luxury haircare products across different regions. Additionally, the growing awareness about the benefits of using luxury haircare products is also contributing to the growth of this market. Based on type, shampoos accounted for a major share of the global luxury haircare products market in 2017 and are expected to maintain their dominance during the forecast period as well. Conditioners are also anticipated to witness significant growth during 2018-2030 owing to their increasing popularity among consumers across different regions. Hair coloring products are another key segment of this market and are projected to grow at a fast pace over next few years due to rising consumer demand for innovative hair color options. Regionally, North America held a dominant position in terms of revenue contribution in 2017 and is anticipated retain its lead throughout 2030 as well owing high adoption rate for luxurious hair care solutions among consumers in this region coupled with presence major players operating therein.
Product Definition:
Luxury haircare products are those that are marketed as being of the highest quality, and which promise to provide users with the best possible results. Many luxury haircare brands make use of expensive ingredients and advanced technologies in their formulations, in an effort to differentiate themselves from more affordable options.
The importance of luxury haircare products lies in the fact that they can often provide users with better results than less expensive options. This is due to the fact that many luxury brands make use of high-quality ingredients and advanced technologies in their formulations. Additionally, because luxury haircare products are typically marketed as being the best available option, they can often be worth the higher price tag for people who are looking for exceptional results.
Shampoos:
Shampoos are the most commonly used items in luxury hair care products. They are also among the fastest growing segments in this market. The growth of these shampoos can be attributed to factors such as rising disposable income, changing lifestyles and increasing demand for organic products. Luxury shampoo is a product that is used daily by people living a luxurious lifestyle which includes frequent washing of hair and use of various other grooming products like aftershave/colognes etc.
Conditioners:
Conditioners are the hair care products which help in enhancing, repairing and restoring the damaged hair. These products contain ingredients which helps to strengthen, moisturize and provide nutrition to the damaged hair. The major function of conditioners is to add or remove moisture from dry or humid air so that it can be absorbed by the scalp for better growth of healthy hair. Conditioner also provides protection against dandruff, flaky skin and split ends along with adding shine & volume to Hair.
Application Insights:
The supermarkets and hypermarkets segment led the global luxury haircare products market in 2017. Departmental stores, specialty stores, and e-commerce are other application segments that may witness growth over the forecast period. Luxury haircare products have become popular among working professionals looking for ways to enhance their appearance during office hours. This has resulted in a significant increase in demand from working professionals across all age groups of society including teens, twenties, and thirties.
The speciality stores category includes beauty salons/barbershops/labs as well as cosmetic shops offering luxury haircare products to their customers along with personal care items such as shampoos & conditioners for colored or straightened hair along with keratin treatments for improving texture or treating damage caused by coloring or styling chemicals used at an early age of haircare treatment.
Regional Analysis:
North America was the largest market for luxury haircare products, accounting for more than 35.0% share of the global revenue in 2017. The U.S., being one of the most attractive tourist destinations, attracts a large number of international visitors every year. These tourists are well aware about latest fashion trends and spend lavishly on personal grooming products such as hair care products and cosmetics to enhance their beauty look while traveling overseas.
Asia Pacific is anticipated to be one of the fastest growing markets with a CAGR exceeding 6% during the forecast years owing to rising disposable income especially in developing countries like China and India along with changing lifestyles resulting into increased demand for premium quality luxury haircare product category including shampoos, conditioners & styling lotions etcetera which will fuel growth further over next eight years or so till 2030 AD (After Double).
Growth Factors:
- Increasing disposable income of consumers: The growth in the luxury haircare products market is mainly attributed to the increasing disposable income of consumers, especially in developing countries. This has led to an increase in demand for premium and high-end haircare products.
- Rising awareness about hair care: There is a growing awareness among people about the importance of hair care and the need for using specialized haircare products to maintain healthy hair. This has resulted in an increase in demand for luxury haircare products.
- Growing trend of self-care: The trend of self-care is gaining popularity among people across all age groups, which is driving demand for luxury haircare products. People are now more inclined towards using high-quality and expensive hair care products that can improve their appearance and boost their confidence levels.
- Proliferation of online retail channels: The proliferation of online retail channels has made it easier for consumers to access a wide range of luxury haircare brands andproducts at competitive prices..This is aiding the growthoftheluxuryhaircareproductsmarketin developed as well as developing countries . 5) New product launches: Leading playersin themarket are constantly launching newand innovativehaircareproductsintothemarkettocoincidewiththe latest trendsandconsumer preferences
Scope Of The Report
Report Attributes
Report Details
Report Title
Luxury Haircare Products Market Research Report
By Type
Shampoos, Conditioners, Hair Coloring Products, Hair Styling Products, Hair Oil, Others
By Application
Supermarkets & Hypermarkets, Departmental Stores, Specialty Stores, E-commerce, Others
By Companies
L Oreal, Estee Lauder Companies, SEVEN, LLC., Alcora Corporation, Kao Corporation, KOSE Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Luxury Haircare Products Market Report Segments:
The global Luxury Haircare Products market is segmented on the basis of:
Types
Shampoos, Conditioners, Hair Coloring Products, Hair Styling Products, Hair Oil, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets & Hypermarkets, Departmental Stores, Specialty Stores, E-commerce, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- L Oreal
- Estee Lauder Companies
- SEVEN, LLC.
- Alcora Corporation
- Kao Corporation
- KOSE Corporation
Highlights of The Luxury Haircare Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Shampoos
- Conditioners
- Hair Coloring Products
- Hair Styling Products
- Hair Oil
- Others
- By Application:
- Supermarkets & Hypermarkets
- Departmental Stores
- Specialty Stores
- E-commerce
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Luxury Haircare Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Luxury haircare products are those that are typically more expensive than regular hair care products. They may include ingredients like oils, butters, and other natural ingredients.
Some of the major companies in the luxury haircare products market are L Oreal, Estee Lauder Companies, SEVEN, LLC., Alcora Corporation, Kao Corporation, KOSE Corporation.
The luxury haircare products market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Luxury Haircare Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Luxury Haircare Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Luxury Haircare Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Luxury Haircare Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Luxury Haircare Products Market Size & Forecast, 2018-2028
4.5.1 Luxury Haircare Products Market Size and Y-o-Y Growth
4.5.2 Luxury Haircare Products Market Absolute $ Opportunity
Chapter 5 Global Luxury Haircare Products Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Luxury Haircare Products Market Size Forecast by Type
5.2.1 Shampoos
5.2.2 Conditioners
5.2.3 Hair Coloring Products
5.2.4 Hair Styling Products
5.2.5 Hair Oil
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Luxury Haircare Products Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Luxury Haircare Products Market Size Forecast by Applications
6.2.1 Supermarkets & Hypermarkets
6.2.2 Departmental Stores
6.2.3 Specialty Stores
6.2.4 E-commerce
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Luxury Haircare Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Luxury Haircare Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Luxury Haircare Products Analysis and Forecast
9.1 Introduction
9.2 North America Luxury Haircare Products Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Luxury Haircare Products Market Size Forecast by Type
9.6.1 Shampoos
9.6.2 Conditioners
9.6.3 Hair Coloring Products
9.6.4 Hair Styling Products
9.6.5 Hair Oil
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Luxury Haircare Products Market Size Forecast by Applications
9.10.1 Supermarkets & Hypermarkets
9.10.2 Departmental Stores
9.10.3 Specialty Stores
9.10.4 E-commerce
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Luxury Haircare Products Analysis and Forecast
10.1 Introduction
10.2 Europe Luxury Haircare Products Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Luxury Haircare Products Market Size Forecast by Type
10.6.1 Shampoos
10.6.2 Conditioners
10.6.3 Hair Coloring Products
10.6.4 Hair Styling Products
10.6.5 Hair Oil
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Luxury Haircare Products Market Size Forecast by Applications
10.10.1 Supermarkets & Hypermarkets
10.10.2 Departmental Stores
10.10.3 Specialty Stores
10.10.4 E-commerce
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Luxury Haircare Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Luxury Haircare Products Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Luxury Haircare Products Market Size Forecast by Type
11.6.1 Shampoos
11.6.2 Conditioners
11.6.3 Hair Coloring Products
11.6.4 Hair Styling Products
11.6.5 Hair Oil
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Luxury Haircare Products Market Size Forecast by Applications
11.10.1 Supermarkets & Hypermarkets
11.10.2 Departmental Stores
11.10.3 Specialty Stores
11.10.4 E-commerce
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Luxury Haircare Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Luxury Haircare Products Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Luxury Haircare Products Market Size Forecast by Type
12.6.1 Shampoos
12.6.2 Conditioners
12.6.3 Hair Coloring Products
12.6.4 Hair Styling Products
12.6.5 Hair Oil
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Luxury Haircare Products Market Size Forecast by Applications
12.10.1 Supermarkets & Hypermarkets
12.10.2 Departmental Stores
12.10.3 Specialty Stores
12.10.4 E-commerce
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Luxury Haircare Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Luxury Haircare Products Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Luxury Haircare Products Market Size Forecast by Type
13.6.1 Shampoos
13.6.2 Conditioners
13.6.3 Hair Coloring Products
13.6.4 Hair Styling Products
13.6.5 Hair Oil
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Luxury Haircare Products Market Size Forecast by Applications
13.10.1 Supermarkets & Hypermarkets
13.10.2 Departmental Stores
13.10.3 Specialty Stores
13.10.4 E-commerce
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Luxury Haircare Products Market: Competitive Dashboard
14.2 Global Luxury Haircare Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 L Oreal
14.3.2 Estee Lauder Companies
14.3.3 SEVEN, LLC.
14.3.4 Alcora Corporation
14.3.5 Kao Corporation
14.3.6 KOSE Corporation
