Global Luxury Hair Care Products Market Strategies 2024, Forecast To 2033
21 Feb, 2024
The luxury hair care products market has grown strongly, escalating from $22.47 billion in 2023 to $24.34 billion in 2024, with an 8.3% CAGR. Consumer awareness and income levels drove historic growth. The forecast predicts growth to $32.91 billion by 2028, propelled by rising beauty consciousness. Trends include customization and personalization, innovation, tech integration, and clean beauty.
Global Luxury Hair Care Products Market Key Driver
The luxury hair care market is expected to grow due to the increasing penetration of e-commerce platforms. E-commerce, making up 30% of the UK's overall retail sector in 2022, facilitates easy transactions and direct product deliveries. The global trend of online purchases, with 82% of people in the UK making at least one online purchase, is driving the demand for luxury hair care products.
Get A Free Sample Of The Global Luxury Hair Care Products Market ReportGlobal Luxury Hair Care Products Market Segments
The luxury hair care products market covered in this report is segmented –
1)By Product Type: Shampoos, Conditioners, Hair Coloring Products, Hair Styling Products, Hair Oil, Other Product Types
2)By Distribution Channel: Supermarkets and Hypermarkets, Departmental Stores, Specialty Stores, E-commerce, Other Distribution Channels
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
Asia-Pacificwas the largest region in the luxury hair care market in 2023. The regions covered in the luxury hair care products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Luxury Hair Care Products Industry Players
L'Oreal S. A.; The Estee Lauder Companies inc.; Seven LLC; Alcora Corporation; Kao Corporation; KOSÉ Corporation; Shiseido Company Limited; Johnson & Johnson Inc.; Unilever plc; Jose Eber Hair; Oribe Hair Care LLC; Rahua (Amazon Beauty Inc. ); Aesop; The Procter & Gamble Company; CFEB Sisley; Olaplex Inc.; Philip B. Botanicals; Estee Lauder Inc.; Shiseido Company Limited; Aveda corporation; Bumble and bumble Products LLC; Christophe Robin; Leonor Greyl; Sachajuan Haircare; Amika; Ouai Haircare; John Paul Mitchell Systems; Revlon Consumer Products Corporation; Schwarzkopf Professional; Wella AG
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Luxury Hair Care Products Market Overview
The luxury hair care refers to high-end hair care products that are sold at a premium price to the consumer. Luxury hair care products contain highly concentrated ingredients compared to regular or generic brands. Luxury hair care products are used by individuals for the overall health of the hair.
Luxury Hair Care Products Global Market Report 2023 provides data on the global luxury hair care products market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The luxury hair care products market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.