Published Date: 31-Dec-2019
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According to a new report Global Hair Serum Market, published by KBV Research, The Global Hair Serum Market size is expected to reach $1.4 billion by 2025, rising at a market growth of 7.86% CAGR during the forecast period. The increased demand for hair serum products along with the increase in preference for natural cosmetic products has prompted some of the leading manufacturers in the global hair serum market towards the inclusion of natural ingredients in their products.
Hair treatment serum sub-segment in the product types accounted for the higher value share among the product types. The increase in concern about hair loss and the desire for good quality hair among the target customers is one of the main reasons behind the segment's overall growth in value sales. The Hair Styling Serum market is expected to witness a CAGR of 8.6% during (2019 - 2025).
Among the sub-segments, the Conventional segment accounts for a higher value in the hair serum market. One of the main reasons behind the higher value share of the synthetic sub-segment is the ubiquity of the product at reasonable prices. The Organic market is expected to witness a CAGR of 9.2% during (2019 - 2025).
The North America market dominated the Global Hair Serum Market by Region in 2018, growing at a CAGR of 7.2 % during the forecast period. The Europe market is anticipated to witness a CAGR of 7.5% during (2019 - 2025). Additionally, The Asia Pacific market is poised to grow at a CAGR of 9.3% during (2019 - 2025).
Structural Insights: https://www.kbvresearch.com/hair-serum-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Henkel AG & Company, KGaA, HerStyler Oy, Kao Corporation, L'OrÉal Group, The Procter and Gamble Company, Unilever PLC, Natura & Co. (Avon Products, Inc.) Giovanni Cosmetics, Inc., John Paul Mitchell Systems, and Revlon, Inc.
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