The noticeable increase in hair fall especially
amongst men in a country like India where nutritional food and water is consistent
shortage, the India professional hair care market will experience considerable
growth here, according to a business intelligence report published by
IndustryARC. According to the report, some of the esteemed growth drivers of
this market are high-income earners gravitating towards soliciting an expert’s
treatment and opinion for their hair, growing awareness for hair issues, and a
sudden increase in salons in the country. The report further estimates the
India professional hair care market size by 2023 to stand at $511.81 million.
During the forecast period of 2018-2023, the market has been evaluated to grow
at a CAGR of 17.10%.
The report is titled
‘India Professional Hair Care Market: By Product category (coloring, perming
& straightening, styling products, serums, others); By distribution channel
(hypermarkets, pharmacies, retailers, distributers); By end-user industry
(bridal, entertainment industry, salons); By Geography – Forecast (2018-2023).’
The report fundamentally cover details about the India professional hair care
market, especially how the Indian middle class and rising westernization in the
country will influence its revenue in forthcoming years.
India Professional Hair Care Market:
Salon Landscape and Market Trends
The report has covered
the salon landscape in India in an extensive manner and evaluated the number of
functional salons in India at 530,000 as of 2017, out of which only 5.6% are organized.
Franchised salons are experiencing a higher growth over independently owned
salons.
Hair colors are being
mostly preferred by Indians falling under the age group of 25-40 years and the favored
ones are burgundy, honey gold, and brown. A French trend known as Balayage has
become increasingly popular amongst the population. Smoothening is being
chosen over permanent straightening which is being performed using keratin
treatment. The market has been disrupted by hair sprays and hair gels which are
being preferred by both consumers and salon experts.
India Professional Hair Care Market:
Competitive Landscape
According to the
analyst of the report, the top five companies that have largely influenced
salons and residential hair care products in India are the L’Oreal Group,
Proctor & Gamble Co., Henkel AG & Co., John Paul Mitchell Systems, and
Hygienic Research Institute Pvt. Ltd. All of these companies collectively rely
on their distribution networks as their main source of market revenue.
Distributors play a crucial role with their regular visits to hair salons for
fulfilling the requirement of hair care products where they get directly
marketed to the consumers.
L’Oreal, the topmost
hair care brand in the world is known for its extensive marketing strategy. In
India, they have four operational divisions- consumer products, professional
products, active cosmetics, and luxury luxe. These have been segmented on the
basis of economic classes in India as well as gender requirements and demands
existing in the country.
Talk to one of our
sales representative about the full report by providing your details in the
link below:
https://www.industryarc.com/support.php?id=7407
Related Reports:
A. Professional
Hair Care Market
https://www.industryarc.com/Report/101/hair-salon-professional-hair-care-market.html
What
can you expect from the report?
The
India Professional Hair Care Market report is prepared with the main
agenda to cover the following 20 points:
1.
Market Size by Product Categories &
Application 11.
Demand Analysis (Revenue
&
Volume)
2.
Market trends & Relevant Market
Data
12. Country level
Analysis
3.
Manufacturer Landscape
13. Competitor
Analysis
4.
Distributor Landscape
14. Market
Shares Analysis
5.
Pricing Analysis
15. Value
Chain Analysis
6.
Top 10 End user Analysis
16. Supply
Chain Analysis
7.
Product Benchmarking
17. Strategic
Analysis
8.
Product Developments
18. Current
& Future Market Landscape
Analysis
9.
Mergers & Acquisitions Analysis
19.
Opportunity Analysis
10.
Patent Analysis
20.
Revenue and Volume Analysis
Frequently
Asked Questions:
Q.
Does IndustryARC provide customized reports and charge additionally for limited
customization?
Response:
Yes, we can customize the report by extracting data from our database of
reports and annual subscription databases. We can provide the following free
customization:
1.
Increase the level of data in application or end user industry.
2.
Increase the number of countries in geography chapter.
3.
Find out market shares for other smaller companies or companies which are of
interest to you.
4.
Company profiles can be requested based on your interest.
5.
Patent analysis, pricing, product analysis, product benchmarking, value and
supply chain analysis can be requested for a country or end use segment.
Any
other custom requirements can be discussed with our team, drop an e-mail
to [email protected]
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About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.