Global Professional Haircare Products Market Overview:
Professional hair care products market is expected to grow in the future due to an increase in the demand for hair styling all over the globe and rising demand for creative and innovative hair care products. Professional hair care market is advocated by products such as shampoo, bleach, and hair conditioner. Application of these products nourishes the scalp and hairs and leaves an aesthetic hairstyle. In addition of these personal products, hair treatment processes such as cosmetology and perm are also gaining popularity among the young as well as aged population. Technological advancements in packaging technologies and availability of personal care products in innovative designs will further create new opportunities for professional haircare products market the in the forecast period.
Growth Drivers
- Increasing Pollution and Bad Eating Habits among the Citizens
- Rising Demand for Hair Styling all Over the Globe
Roadblocks
- High Cost of Professional Haircare Products
Opportunities
- Rise in Consciousness Among Customer About Hairs
- Technological Advancements in Packaging Technologies
Challenges
- Dominance of Local Dealers and International Trade Barriers
Competitive Landscape:
The Professional Haircare Products market is fragmented due to the presence of several manufacturers. The level of competition among the companies in the Professional Haircare Products market is intense and manufacturers focus on advertising and marketing strategies to attract customers. Nowadays, companies are coming up with various ingredients in hair care products which will strengthen the hair and reduce hair fall. The companies are seeking ways to reduce cost, improve product quality and production efficiency.
Some of the key players profiled in the report are Henkel AG & Company(Germany), Shiseido(Japan), L'Oréal S.A. (France), P&G (United States), Unilever (United Kingdom), Avon Products, Inc. (United Kingdom), Cadiveu Professional (United States), Este Lauder (United States), Godrej Consumer Products (India), Johnson & Johnson (United States) and Revlon, Inc. (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Professional Haircare Products market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Hypermarkets/Retail Chain will boost the Professional Haircare Products market. Considering Market by Ingredients, the sub-segment i.e. Organic will boost the Professional Haircare Products market. Considering Market by End User, the sub-segment i.e. Male will boost the Professional Haircare Products market.
The Indian licensing authority for mandatory registration of all cosmetics imported in India is the office of the Central Drugs Standard Control Organization (CDSCO) in the office of the Drug Controller General of India (DCGI). The DCGI’s office administers the Indian Drugs and Cosmetics Act of 1940, which governs the manufacture, sale, import, export, and clinical research of drugs and cosmetics in India.
What Can be Explored with the Professional Haircare Products Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Professional Haircare Products Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Professional Haircare Products
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Professional Haircare Products market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Professional Haircare Products market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Professional Haircare Products Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.