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Hair Styling Products Market Share

Report ID: GMI11714
Published Date: Oct 2024
Report Format: PDF

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Hair Styling Products Market Share

The hairstyling products market is fragmented due to diverse consumer preferences and a wide range of products. This market serves various hair types and styling needs, leading to the progression of many niche brands alongside established ones. Regional and local brands succeed by offering products that match local cultures, effectively competing with larger companies through unique selling points. Rapid innovation and changing trends in the beauty industry encourage new entrants to create their own hairstyling products, with social media and influencer marketing playing a key role in gaining visibility. Furthermore, the rise of e-commerce has lowered entry barriers, allowing smaller companies to reach consumers without a large retail presence.

Hair Styling Products Market Companies

Major players operating in the industry include:

CHANEL
Combe
Cover Your Gray
Coty
Estee Lauder
Hoyu
Indus Valley
John Paul Mitchell Systems
Kao
KOSE
L'Oreal
NATULIQUE
Oriflame
Puig
Revlon

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The industry was valued at USD 27.4 Billion in 2023 and is estimated to grow at a 5.7% CAGR from 2024 to 2032, driven by the rising influence of social media on teenagers and millennials.

The market categorizes products into hair color, gels and wax, and hair spray. In 2023, gels and wax dominated, capturing a 39.7% market share. This segment is projected to reach USD 18.4 Billion by 2032 due to its versatility, catering to diverse consumer preferences and hair types.

Europe leads the industry with a CAGR of 6.1% and is expected to reach USD 16.2 Billion by 2032. The region's strong cultural focus on beauty and fashion, highlighted by fashion centers like Paris and Milan, drives global trends and boosts demand for innovative hairstyling products.

Key players in the market include CHANEL, Combe, Cover Your Gray, Coty, Estee Lauder, Hoyu, Indus Valley, and John Paul Mitchell Systems.