Men’s Hair Care and Styling Products Market 2024
The hair care segment leads in terms of market share in 2020, however, the styling products segment is expected to grow at the highest CAGR from 2021 to 2030
— Roshan Deshmukh
WILMINGTON, NEW CASTLE, DELAWARE 19801 USA, UNITED STATES, August 26, 2024 /EINPresswire.com/ – Allied Market Research published a new report titled, “Men’s Hair Care and Styling Products Market by Product Type, Distribution Channel, and Others: Opportunity Analysis and Industry Forecast, 2021–2030”. The report offers a detailed analysis of key investment areas, most promising strategies, drivers and opportunities, market size and estimates, competitive landscape, and changing market trends. The Men’s Hair Care and Styling Products market was valued at US$ 40,430.0 million in 2020 and is projected to reach US$ 54,755.1 million by 2030, growing at a CAGR of 3.3% from 2021 to 2030.
Available @https://www.alliedmarketresearch.com/request-sample/15017
The growth of the hair care and styling products market is driven by increasing awareness about hair health and improved distribution network. Consumers are willing to pay more for products that provide hair health benefits and prevent hair damage and hair loss. This awareness is expected to be a driver for the development of the hair care and styling products market.
Another major factor driving the global demand for hair care and styling products is the increasing public awareness about hair health and the widespread use of products to prevent hair loss and protect hair from damage. Lifestyle is also the driving force for market growth as with the increasing availability of hair styling products, consumers are free to style and maintain their hair as per their needs.
In addition, there are several innovative products such as the development of organic and natural hair care products without the use of harmful chemicals like sulfates, parabens and others. The launch of Veg-Keratin products is expected to grab the attention of consumers and increase sales. Product innovation is also contributing to the growth of the market.
Hair care segment and hair care products are used worldwide and are one of the most important product types for hair care and styling products, hence it is expected to influence the overall hair care and styling products industry. The hair care segment was valued at $24.0 billion and is expected to grow at a compound annual growth rate of 2.5% from 2020 to 2030 to reach $30.3 billion by 2030.
In recent years, a trend of using hair care products to look good and maintain a decent appearance has been observed. The hair care and styling products market has witnessed significant growth as more and more people across the globe are using hair care products as a precautionary measure against hair loss and hair damage. Major market players are trying to strengthen their position by offering high-tech products and building a strong distribution channel network that is expected to boost the market growth.
𝐁𝐮𝐤𝐭𝐞𝐧𝐝 – 𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐡𝐞𝐜𝐤𝐨𝐮𝐤𝐭 @https://www.alliedmarketresearch.com/checkout-final/56d00f25f7ec9 605c0e6cffbf0bf4f47
Furthermore, a rise in the penetration of hair care and styling products among consumers is expected to boost the market growth during the forecast period. In terms of region, Asia Pacific was the most significant region in 2020, securing the largest share in the hair care and styling products market owing to the huge consumer base and population growth. SMEs operating in the region are targeting online distribution channels to increase their sales. These companies are additionally investing in various marketing and promotional activities to increase awareness of their products.
The supermarkets and hypermarkets segment was the leading channel with the highest share in 2020 and registered a significant CAGR growth during the forecast period for the hair care and styling products market. This can be attributed to the rise in retail business in various regions and availability of large shelf space for maximum sales.
The major players profiled in this report include American Crew, Baxter of California, Jack Black, Harry’s, Malin+Goetz, Hanz de Fuko, Dove Men, Redken Brews, Old Spice, and Axe. These players are launching new products in the market to increase their customer base and product sales.
𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐅𝐨𝐫 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫:
○ The report includes in-depth Men’s Hair Care and Styling Products market analysis across various segments and provides Men’s Hair Care and Styling Products market estimates between 2020 and 2030.
○ Porter’s Five Forces Model illustrates the influencing power of buyers and sellers and helps players in the Men’s Hair Care and Styling Products market develop effective strategies.
○ A profile of the key market players is created to gain an understanding of the strategies they pursue.
○ This report provides a detailed analysis of Men’s Hair Care and Styling Products market trends and future predictions from 2021 to 2030. This makes it easier to identify the prevailing Men’s Hair Care and Styling Products market opportunities.
Click here @https://www.alliedmarketresearch.com/purchase-enquiry/15017
𝐑𝐞𝐚𝐬𝐨𝐧𝐬 𝐭𝐨 𝐛𝐮𝐤𝐫𝐞 𝐌𝐞𝐧𝐬 𝐇𝐚𝐢𝐫 𝐂𝐚𝐫𝐞 𝐚𝐧 :
○ Obtain strategically important information, analysis and insights about competitors to formulate effective R&D strategies.
○ Identify emerging players with potentially strong product portfolios and develop effective counter strategies to gain competitive advantage.
○ Classify potential new customers or partners into the target group.
○ Develop tactical initiatives by understanding the focus areas of leading companies.
○ Plan mergers and acquisitions successfully by identifying the top manufacturers.
○ Develop and design in-licensing and out-licensing strategies by identifying potential partners with the most attractive projects to increase and expand business potential and scope.
○ The report will be updated with the latest data and delivered to you within 2-4 business days of ordering.
○ Suitable for supporting your internal and external presentations with reliable, high-quality data and analytics.
○ Develop regional and country strategies based on local data and analysis.
𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 “𝐀𝐌𝐑 𝐄𝐱𝐜𝐥𝐮𝐤𝐢𝐯𝐞 𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
○ The Electric Hair Brush Market is expected to reach $360.0 million by 2026
https://www.alliedmarketresearch.com/electric-hair-brush-market-A06111
○ The hair shampoo market is expected to reach $44,378.8 million by 2030.
https://www.alliedmarketresearch.com/hair-shampoo-market-A14207
○ Hair Curlers Market by Manufacturer, Region, Type and Application Forecast to 2029
https://www.alliedmarketresearch.com/hair-rollers-market-A08071
○ Hair Lightening Products Market Size, Type and Application Forecast to 2021-2030
https://www.alliedmarketresearch.com/skin-lightening-products-market-A16872
○ Hair scissors market is expected to reach $106.6 million by 2027
https://www.alliedmarketresearch.com/hair-scissors-market-A09411
○ Hair Extensions Market Size, Analysis, Opportunities, Business Outlook
https://www.alliedmarketresearch.com/hair-extensions-market-A06985
○ Hair Removal Sprays Market Trends, Opportunities, Estimates and Analysis
https://www.alliedmarketresearch.com/hair-removal-spray-market-A08070
David Correa
Allied Market Research
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