Global Hair Styling Products market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics has been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. The Market share and Market size prominent players for 2019 to 2024 are profiled in this report.
Hair Styling Products market is growing at a CAGR of 3.9% during the forecast period (2019-2024).
The Hair Styling Products market is highly competitive and consists of a number of major players. Top Companies like Henkel AG & Co. KGaA, Procter & Gamble, LOreal S.A., Unilever, mandom corp., Amorepacific, Shiseido Co.,Ltd., Flora & Curl among others
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Scope of the Report
Hair styling products are available as hair gel, hair mousse, hairspray, styling creams and waxes, and other styling products that are sold in convenience stores, supermarkets/hypermarkets, specialist stores, online retail stores, and others. Increased working population and exposure to environmental pollution affecting hair strength and look has driven the demand for hair styling among individuals.
Key Market Trends
Increased Inclination Towards Hair Care Products
Hair care market has witnessed several changes over the past decade, with the emergence of various hair styling, hair regrowth, and hair colorant products. Owing to the advancements in ingredients and technologies, hair care products that treat hair loss are poised to witness the emergence of improved formulations in the near future. Further, with men becoming more conscious about their hairstyles, they have been increasingly relying on hairsprays to keep their hair feeling lighter while still providing volume. With a fashion-conscious youth population that is constantly informed about various hair care offerings, such as hair styling and colorant products that express individuality, consumer habits are driving the market.
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North America Witnessed Highest Revenues
North America held the largest share of the global industry revenues in 2018. The United States is one of the leading markets for hair styling products market in the North American region. The increasing incidence of thinning hair and hair loss, hair styling products are expected to gain traction, as consumers in the region are looking for non-surgical procedures and at-home products to overcome these issues. Owing to the significance of hair styling products as one of the primary grooming products for both men and women, there is an increasing demand for styling and grooming products, thus driving the adoption of hair styling products.
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What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Hair Styling Products Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
The research includes historic data from 2014 to 2019 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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