The hair care market consists of products used for taking proper care of hair. These products support the growth of hair and prevent damage. They maintain healthy hair and improve their surface and features. Hair care products are composed of natural or artificial constituents, blended with other supplementary materials, like agents, stabilizers, emulsifying agents and surfactants.
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Hair care is mostly carried out by hair experts at salons or individuals at home. Hair care products vary according to the requirements of hair and kinds of the same. Escalating demand for products, like shampoos, colorants, serums, hair styling gels, hair accessories, hair sprays, etc is propelling further demand for the hair care market. These products ensure healthy, strong, smooth and shiny hair.
Growing demand for hair containing all these traits also steers the hair care market further. Augmented scalp and hair issues, boost in promotional and endorsement crusades regarding hair care products and escalating hair care advancements are the other factors which drive the market. Boost in disposable earnings of clients and amplified investments on hair care products also steer the hair care market ahead.
Apart from the driving factors mentioned above, eye-catching packaging, augmented tendencies towards hair care and rising consciousness among clients regarding hair care and its products also drive demand for this market. However, high expenditures involved in the purchase of hair care products and global financial downturn are the two factors which slow down the progress of the hair care market.
North America dominates the hair care market. Europe follows the former and occupies the second spot.
Hair Care Market Share
Information Source: Radiant Insights