According to a new report, published by KBV research, The Global Keratin Products Market size is expected to reach $2.6 billion by 2031, rising at a market growth of 5.8% CAGR during the forecast period.
The Powder segment is registering a CAGR of 5.3 % during the forecast period. Keratin powders often have a longer shelf life compared to liquid formulations. The powder form is less prone to degradation over time, making it a preferred choice for manufacturers and consumers looking for stable, long-lasting products.
The Hydrolyzed Keratin segment led the Global Keratin Products Market by Product Type in 2023; thereby, achieving a market value of $1 billion by 2031. Hydrolyzed keratin is broken down into smaller peptide fragments through hydrolysis, allowing it to penetrate the hair shaft more effectively than non-hydrolyzed keratin. This smaller molecule size enhances its ability to repair and strengthen hair from within.
The Hair Beauty Salon segment is growing at a CAGR of 4.9 % during the forecast period. Salons use keratin products to achieve professional-quality results that are difficult to replicate at home. These products are formulated to deliver exceptional benefits, such as repairing damaged hair, reducing frizz, and enhancing shine, which salon clients highly value.
Full Report: https://www.kbvresearch.com/keratin-products-market/
The Asia Pacific region dominated the Global Keratin Products Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $993.8 million by 2031. The North America region is anticipated to grow at a CAGR of 5.2% during (2024 - 2031). Additionally, The Europe region would witness a CAGR of 5.4% during (2024 - 2031).
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