Market Overview:
The Australia Professional Haircare Market size is estimated to reach $312 Million by 2030, growing at a CAGR of 2.1% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “ Australia Professional Haircare Market– By Gender (Male and Female), By Products (Coloring, Straightening, Styling, Shampoo, Conditioner, Serum and Others), By Type (Organic and Synthetic), By Distribution Channels (Hypermarkets/Retail Chain, Online, Salons, Specialty Stores, and Others) - Opportunity Analysis & Industry Forecast, 2024-2030.”
Increased consumer demand for professional hair care products is driving the growth of Australia Professional Haircare Market. Rising demand for chemical-free haircare products is also contributing to this growth. Additionally, the growing demand for clean hair care products is a key driver of market expansion.
Shampoo is the largest segment
Shampoos and conditioners dominate the Australian professional hair care market due to their essential role in daily hair care routines and widespread consumer demand. These products are used by almost everyone regardless of hair type or styling preferences. In Australia the climate ranges from dry to humid, consumers seek specialized shampoos and conditioners that address specific needs like hydration, color protection and damage repair. The professional market caters to these demands by offering high-quality, salon-grade products that promise superior results compared to mass-market alternatives. Additionally, the consumers are shifting towards organic, natural and eco friendly products.
Australia Professional Haircare Market: Key Takeaways
Rise in Clean Hair Care
The demand for clean hair care products is significantly driving the growth of Australia's professional hair care market. Consumers are increasingly seeking products free from harmful chemicals, such as sulfates, parabens and synthetic fragrances due to growing awareness of their potential health risks. This shift towards natural and organic ingredients is not only enhancing hair health but also aligning with broader environmental and ethical considerations. Brands that prioritize transparency and sustainability are gaining popularity, further fueling market expansion. The influence of social media and beauty influencers is amplifying this trend making clean hair care a pivotal market driver.
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Fastest Growth for Organic Products
By type, the organic products are expected to grow with the fastest CAGR in the Australian professional hair care market during 2024-2030. Consumers are becoming more educated about the potential risks of synthetic chemicals and are turning towards organic alternatives that promise purity and safety. Organic hair care products made from natural ingredients are perceived as healthier and more environmentally friendly. This shift is particularly strong in Australia as a significant portion of consumers value sustainability and are willing to pay a premium for products that align with their ethical and environmental values. In July 2023, Vanessa Megan Naturaceuticals unveiled a haircare range made from 100% natural ingredients. The range features a Bamboo and Rosemary Shampoo and a Yuzu and Rice Protein Conditioner.
Scope of the Report:
Recent Developments:
- In May 2024, Ovolo Hotels has launched professional haircare delivery at its hotels throughout Australia under a new partnership with Tresemmé. The complimentary Hair Service Menu, which is reported to be a world first, is accessible via a QR code in guest rooms at the group’s hotels in Sydney, Melbourne, Canberra and Brisbane.
- In January 2023, Straand, an Australian-made natural hair care brand received a $2 million pre-seed investment deal with Unilever Ventures.
Australia Profession Haircare Market: Competitive Landscape
Key companies profiled in the Australia Profession Haircare Market are L'Oreal Group, Procter & Gamble, Kao Corporation, Henkel AG & Co. KGaA, Johnson & Johnson, Revlon Inc., Unilever Ltd., Muk Haircare, Eleven Australia, NAK Hair and others.
Related Reports:
Singapore Professional Hair Care Market – Singapore Professional Hair Care Market size is estimated to reach $98 million by 2030, growing at a CAGR of 2.9% during the forecast period 2024-2030 owing to increased consumer spending on hair care products, rising demand for chemical-free hair care products and the growing demand for luxury products.
South Africa Professional Haircare Market - South Africa Professional Hair Care Products Market size is estimated to reach $1.2 billion by 2027, growing at a CAGR of 3.4% during the forecast period 2022-2027.
Hong Kong Professional Haircare Market- Hongkong Professional Hair Care Market size is estimated to reach $96 million by 2030, growing at a CAGR of 2.8% during the forecast period 2024-2030. Increasing awareness of scalp health is leading to a rise in products and services addressing scalp concerns in the country.
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