According to a new report, published by KBV research, The Global Luxury Hair Care Market size is expected to reach $35.9 billion by 2030, rising at a market growth of 8.1% CAGR during the forecast period. In the year 2022, the market attained a volume of 2,49,651.1 thousand units, experiencing a growth of 7.8% (2019-2022).
The Hypermarkets & Supermarkets segment is experiencing a CAGR of 8.3% during (2023 - 2030). Hypermarkets & supermarkets have extensive reach, making luxury hair care products more accessible to a wider audience. Consumers can conveniently find these products during grocery or personal care shopping trips. Placement in prominent sections of hypermarkets & supermarkets ensures increased visibility for luxury hair care brands. Eye-catching displays and strategic positioning within the store can attract the attention of many potential consumers. Hypermarkets & supermarkets provide an opportunity for consumer education.
The USD 30 to USD 65 segment is leading the Global Luxury Hair Care Market by Price Range in 2022; thereby, achieving a market value of $13.7 billion by 2030. Luxury hair care products in the USD 30 to USD 65 segment leverage advanced technologies and innovative formulations. These may include ingredients with specific benefits such as anti-aging properties, thermal protection, or environmental defense, providing consumers with state-of-the-art solutions. Luxury hair care products between USD 30 to USD 65 offer customization for various hair types and textures. The formulations are designed to enhance the natural characteristics of different hair types, providing personalized solutions.
The Conditioners segment is registering a CAGR of 8.4% during (2023 - 2030). Luxury conditioners are designed to provide deep hydration and moisture to the hair. These formulations often include premium moisturizing agents, oils, and butter that nourish and replenish dry and damaged hair. Luxury conditioners leverage advanced technologies and scientific formulations to provide cutting-edge solutions. These may include ingredients with specific benefits, such as anti-aging properties, thermal protection, or environmental defense. Conditioners contribute to improved hair texture, making it softer, silkier, and more touchable. This enhanced texture is a key aspect of the luxurious experience associated with high-end hair care.
The North America region dominated the Global Luxury Hair Care Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $12.1 billion by 2030. The Europe region is anticipating a CAGR of 7.7% during (2023 - 2030). Additionally, The Asia Pacific region would exhibit a CAGR of 8.9% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/luxury-hair-care-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 S.A., The Estee Lauder Companies, Inc., Kao Corporation, KOSE Corporation, The Procter & Gamble Company, Revlon, Inc. (MacAndrews & Forbes), Philip Kingsley Products Limited, Kevin Murphy Group Pty Ltd., Alcora Corporation, and Balmain Paris (Mayhoola For Investments LLC)
By Distribution Channel (Volume, Thousand units, USD Billion, 2019-2030)
By Price Range (Volume, Thousand units, USD Billion, 2019-2030)
By Product (Volume, Thousand units, USD Billion, 2019-2030)
By Geography (Volume, Thousand units, USD Billion, 2019-2030)
Companies Profiled
Unique Offerings 
