Global Hair Serum Market, By Product Type (Hair Treatment Serum, Hair Styling Serum), Gender (Women, Men), Nature (Organic, Conventional), Distribution Channel (Hypermarkets and Supermarkets, Speciality Stores, Pharmacy or Drug Store, Online Stores), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Hair Serum Market
The global Hair Serum market is expected to be growing at a growth rate of 8.5% in the forecast period of 2021 to 2028, would reach from USD 905 million in 2020 to USD 1,738.14 million by 2028. Data bridge market research analyses the factors responsible for fostering the growth of global hair serum market. This rise in global hair serum market value can be attributed to the various factors such as increased awareness regarding the benefits of applying hair care products, r is also a growth indicator to the global hair serum market.
Hair serums are hair care products which usually arrives in liquid form, it provides a protective extra layer to the hairs and also provide smoothness and shiny looks. They are a great product to provide nourishment to your hairs and also protect it against humidity.
Rising number of media advertisements has familiarized hair serums across the globe, it created a need of using right serum according to the customer’s hair type. Hair serums are usually very popular in the women population segment but creators are now targeting male population by introducing hair care product line specially formulated according to their hair type and usage. The rise in numbers of male population is an influential key factor for the growth of the global hair serum market. Furthermore, increase in disposable incomes across the globe is another key driver to the growth hair serum market. Moreover, the growth of e-commerce sector rapid rise in population and air pollution will create ample opportunities for the market to grow.
- On the flip side, high costs associated with such professional and premium products as well as involvement of some unsafe chemicals can act as a barrier to its growth. Fluctuations in the prices of raw materials will further derail the market growth rate. Intense pricing pressure among the vendors will yet again hamper the market growth rate.
This hair serum market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on hair serum market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Hair Serum Market Scope and Market Size
The global hair serum market is segmented on the basis of product type, gender, nature and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the hair serum market has been segmented into hair treatment serum and hair styling serum.
- On the basis of gender, the global hair serum market is segmented into women and men.
- Based on nature, the hair serum market has been segmented into organic and conventional.
- On the basis of distribution channel, the global hair serum market is segmented into hypermarkets and supermarkets, speciality stores, pharmacy or drug store and online stores.
Global Hair Serum Market Country Level Analysis
The hair serum market is analysed and market size insights and trends are provided by country, product type, gender, nature and distribution channel as referenced above.
The countries covered in the hair serum market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America and Europe region dominate the hair serum market and will continue to excel its trend of dominance during the forecast period owing to the presence of prominent players and availability of variety of hair serum products adds to the major share to the revenue. Asia-Pacific will register the highest CAGR for the forecast period owing to the rising popularity of brands, growing personal disposable income, growth and expansion of e-commerce sector, ever-rising population and rapid globalization, westernization and modernization are some major market growth determinants for this region.
The country section of the hair serum market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Hair Serum Market Share Analysis
The hair serum market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to hair serum market.
The major players covered in the hair serum market report COTY INC., Henkel Adhesives Technologies India Private Limited, L'Oréal, Procter & Gamble, Unilever, Kao Corporation., Giovanni Cosmetics, Inc., Amka Products (Pty) Ltd., THE AVON COMPANY, HERSTYLER, John Paul Mitchell Systems, Zymo Cosmetics, Vive Cosmetics, Kazima Cosmetics, Hara Naturals, VCos Cosmetics Pvt Ltd., and Zoicayurveda among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) And South America Separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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