Global Black Haircare Market Overview:
Black haircare encompasses all aspects of hair care for people with black hair including shampoo, conditioner, styling, oils, etc. Growing awareness about the unique need for black haircare among people as black hair is often dry, brittle, and prone to breakage is expected to drive the market. Further, the adoption of scalp care products and protein treatments to strengthen and repair damaged hair is expected to create noteworthy growth for the market. Hair relaxers are becoming popular among people who have curly or oily hair for straightening. However, change in consumer behavior and acceptance of natural or organic ingredients is expected to fuel market growth.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Adoption of Black Hair Care Products Made With Organic and Natural Ingredients
Market Growth Drivers:
Growing Awareness About Unique Need of Black Hair Care is Expected to Fuel Growth, Acceptance of Black Beauty Standards is Likely to Increase the Demand for Black Hair Products and Growing Popularity of Protein Treatments to Strengthen and Repair Damaged Hair
Challenges:
High Product Diversification and Availability of Global Giants in the Black Hair Care Market May Create Challenges
Restraints:
Stringent Regulations on Some Chemicals Used in Hair Care Products May Hamper the Growth
Opportunities:
Growing Demand of Premium Haircare Products in Developing Economies Due to Increasing Disposable Income of People and Change in Living Standards
Competitive Landscape:
The key players are targeting the innovations of the Solutions with better quality, and better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions in order to maintain their presence in the market.
Some of the key players profiled in the report are Procter & Gamble (United States), Unilever Plc (United Kingdom), L'Oréal (France), Revlon (United States), The Estée Lauder Companies Inc. (United States), Shiseido Co.,Ltd. (Japan), TCB Naturals (Nigeria), Johnson & Johnson (United States), Godrej Consumer Products (India), Luster Products Inc. (United States), ORS Hair Care (United States), Ales Groupe (Impala SAS), Genesis Private Label (United States) and Beiersdorf AG (Germany). Analyst at AMA Research see United States Vendors to retain maximum share of Global Black Haircare market by 2028. Considering Market by Distribution Channel, the sub-segment i.e. Online (Company Websites, E-commerce Sites) will boost the Black Haircare market. Considering Market by Hair Type, the sub-segment i.e. Straight Hair will boost the Black Haircare market. Considering Market by Gender, the sub-segment i.e. Female will boost the Black Haircare market. Considering Market by End User, the sub-segment i.e. Residential will boost the Black Haircare market.
What Can be Explored with the Black Haircare Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Black Haircare Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Black Haircare
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 Black Haircare 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 Black Haircare 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, Black Haircare Product Manufacturers, Suppliers & Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others.
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.