Market Overview:
Salon products are professional hair, skin, and alternative care product employed in salons for beauty improvement functions. The beauty trade typically uses cosmetic products to boost the face and body look. The salon product is wide employed in beauty parlors, beauty salons, spa & well-being centers, giant salon chains, and others. Professional hair care product like shampoo, conditioner, keratin treatment product, hair wax, hair colorants, hair gel, and alternative hair styling product has gained a large market share in-salon product. Except for these, face and body enhancement products like facials, bleach, D-tan packs, face scrubs, beautifying masks, nail art, cleansing scrubs, pedicure product, manicure product, body wax, massage creams, and others are widely employed in the salon industry.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | L’Oreal (France), Henkel Corporation (Germany), Revlon Inc. (United States), Procter & Gamble Co. (United States), Unilever Corporation (United Kingdom), Estee Lauder Companies (United States), Toni & Guy (United Kingdom), Kao Corporation (Japan), Shiseido Company (Japan) and Avon Products Ltd. (United States) |
CAGR | % |
Influencing Trend:
Increase in The Need for Natural and Organic Products, A Rising Beauty Concern in the Young Population and Increasing Trend of Adopting the Urban Culture
Market Growth Drivers:
Increasing Beauty Consciousness, Preference to Appearance and Aesthetics Concern and Increase in the Spending Power
Challenges:
Emerging Beauty Devices as Substitutes and Presence of Competitors
The key Vendors profiled in the report are L’Oreal (France), Henkel Corporation (Germany), Revlon Inc. (United States), Procter & Gamble Co. (United States), Unilever Corporation (United Kingdom), Estee Lauder Companies (United States), Toni & Guy (United Kingdom), Kao Corporation (Japan), Shiseido Company (Japan) and Avon Products Ltd. (United States). Additionally, other players that are of this comprehensive study are Shiseido Company (Japan) and Avon Products Ltd. (United States).
Market Development Activities
In Apr 2023 The Estée Lauder Companies Inc. (NYSE: EL) (“ELC”) announced today that it has completed its acquisition of the TOM FORD brand and is now the sole owner of the TOM FORD brand and all its intellectual property.
On 27th August 2020, L’oreal had launched the at-home salon service for hair colour in an ever more crowded market. The beauty maker announced the collection of new services for the customers colouring their own hair. There are a lot of competitors that L’oreal has to face in order to create its position in the market.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers of Salon Products, Suppliers and Distributors of Salon Products, Venture Capitalists and Private Equity Firms and End-Use Industry