According to Indian Standards 30 cosmetics are listed in Schedule ‘S’ of the Drugs and Cosmetics Rules. Cosmetics Sectional Committee has published two Indian Standards for raw materials/ingredients for use in cosmetics, namely, IS 4707 (Part 1): 2017 Classification for cosmetic raw materials and adjuncts: Part 1 Colorants and 4707 (Part 2): 2017 Classification for cosmetic raw materials and adjuncts: Part 2 List of raw materials generally not recognized as safe for use in cosmetics which are widely used by Central Drugs Standard Control Organization (CDSCO) and Food and Drug Administration’s (FDA). Moreover, IS 4707 (Part 1) is referred to in the Drugs and Cosmetics Rules, 1945 for colorants to be used in cosmetics.
The article cited AMA's "Global Hair Fragrance Market Study" explored substantial growth of %. According to the report, Growing Interest in Youth Regarding the Changing Hair Care Trends
is one of the primary growth factors for the market. Growing Focus of Increasing Population on Physical Appearance
is also expected to contribute significantly to the Hair Fragrance market. Overall, Individual
applications of Hair Fragrance, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channels, such as Online, is boosting the Hair Fragrance market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End-User, such as Men, is boosting the Hair Fragrance market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Hair Fragrance market identified that the demand is rising in many different parts of the world as "Rising Focus on Price Reduction through New Product Inventions
". Furthermore, some recent industry insights like "In October 2022, Elon Musk has become a perfume salesman. Well, quite literal Elon Musk has launched his own perfume line and guess what The fragrance product is called 'Burnt Hair'. Musk took to T .to announce the launch of his perfume line" is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Hair Fragrance market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Hair Fragrance market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Hair Fragrance market size is calculated using market estimation process, the Hair Fragrance market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Hair Fragrance market size has been validated using both top-down and bottom-up approaches.