The professional hair care products market in Spain has been analyzed with respect to different parameters such as demand, supply, end-users and providers of professional hair care products. Professional hair care products market in Spain is estimated to decline in coming years at CAGR of 3.2%. In Spain, only 23% of the total salons are estimated to fall under organized category. Owing to the economic slowdown in the country, the frequency of clients visiting the salons has fallen. On the other hand, with the slight increase in the footfall after the economic slowdown, the prices for salon services have gone higher. Factors such as high unemployment rate, weak economic progress, currency depreciation are restraining the professional hair care market growth in the country.
Spain professional hair care products market has been categorized based on products for type of services and the distribution channel. On the basis of service category, the market has been segmented into hair coloring products, perming and straightening products, shampoo and conditioning products, styling and other products. The distribution channels considered in the report are direct distribution, distributors/wholesalers and others. The overall market is also presented from the perspective of different companies operating in the country for various products offered in the market.
L’Oreal Group and Procter & Gamble are the major share holding companies operating in the Spain professional hair care market in 2016.
Sample Companies Profiled in this Report are:
- L’Oreal Group (France)
- Procter & Gamble Co. (U.S.)
- Revlon, Inc. (U.S.)
- Henkel AG & Co. KGaA (Germany)
- VMV Group (Spain).
These companies have strong tie ups with salon chains and majority of the organized salons in the country. Shift in preference towards natural and organic products owing to growing awareness among consumers is the current trend driving the Spain professional hair care products market.