According to a new report Global Hair Shampoo Market, published by KBV research, The Global Hair Shampoo Market size is expected to reach $38.7 billion by 2027, rising at a market growth of 4.7% CAGR during the forecast period.
The Drug Stores or Pharmacy market is generating high revenue in the Global Hair Shampoo Market by Distribution Channel 2020, thereby, achieving a market value of $8.6 billion by 2027. The increased growth of the segment is attributed to the fact that these stores provide incentives such as convenience of rapid satisfaction to their customers. In addition, the wide availability of shampoos of numerous brands at a single-stop shop also contributes to the expediting growth of this segment.
The Women market acquired maximum revenue share in the Global Hair Shampoo Market by End User 2020, thereby, achieving a market value of $21.6 billion by 2027. The growth of this segment is attributed to the increasing engagement of women in the working sector. Due to this, their concern toward hygiene along with looking presentable is constantly rising. Moreover, the rising engagement of women in the fashion industry is also a key reason which is expected to propel the growth of this segment.
The Medicated market shows highest growth rate of 6.3% during (2021 - 2027). The growth of this segment is attributed to natural and beneficial components that are being comprised in it. Medicated shampoos contain drugs that treat skin conditions by applying Medicated shampoo to the scalp for reducing inflammation and calm itchiness.
The Non-premium market segment shows high market share in the Global Hair Shampoo Market by Type 2020, thereby, achieving a market value of $27.8 billion by 2027. It is owing to the factors like cost-efficiency, improved quality and more acceptance by the consumers. In addition, sales of non-premium hair shampoo are comparatively high since they are more accessible and lower in prices.
The Europe market is the fastest growing region in the Global Hair Shampoo Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $13.0 billion by 2027. The North America market is expected to witness a CAGR of 4% during (2021 - 2027). Additionally, The Asia Pacific market is expected to witness a CAGR of 5.5% during (2021 - 2027).
Full Report: https://www.kbvresearch.com/hair-shampoo-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 L'Oreal Group, Estee Lauder Companies, Inc., Johnson & Johnson, The Procter and Gamble Company, Unilever PLC, Henkel AG & Company, KGaA, Kao Corporation, Marico Limited, Oriflame Cosmetics Global SA (Oriflame Holding AG) (Oriflame Investment Holding Plc) (Oriflame Holding Ltd), and Natura & Co Holding SA.
By Distribution Channel
By End User
By Product Type
By Type
By Geography
Companies Profiled