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The global hair care market size was valued at USD 106.91 billion in 2024. The market is anticipated to grow from USD 113.93 billion in 2025 to USD 213.47 billion by 2032, exhibiting a CAGR of 9.4% during the forecast period.
Fortune Business Insights™ presents this information in its report titled, “Hair Care Market Size, Share & Industry Analysis, By Product (Hair Colorants, Shampoo, Conditioner, Hair Oil, and Others), By Category (Synthetic and Natural), By Distribution Channel (Supermarket/Hypermarket, Specialty Stores, Online Stores, and Others), and Regional Forecasts, 2025 – 2032”.
Hair care products aid women and men in maintaining cleanliness, hair health, and safeguard them from external damage. These include conditioner, serum, oil, shampoo and others that are used for nourishing hair and made available in liquid, cream, gel and lotion form. There are a wide range of products sold in the market for various applications based on the hair type of the end-user. Additionally, key players including Procter & Gamble, L’Oreal, Johnson & Johnson are aiming to innovate product portfolio.
The COVID-19 pandemic negatively impacted the market due to strict lockdowns, increased social distancing and supply chain disruption. This lead to a reduction in salon services and decline in revenue for many businesses.
New Product Launch by Kao Corporation tends to Boost the Market Development
In April 2024, Kao Corporation unveiled a new hair care brand named ‘melt’, as it aims to expand its product portfolio in the context of hair care products. The new brand centers on offering “beauty care for relaxing moments,” focusing on improving the hair care experience while stimulating self-care and relaxation.
Growing Demand for Advanced Hair Repair Solutions and Grooming Among Men Propels Market Growth
Currently, men focus on enhancing their well-being and self-confidence majorly through grooming. This has increased the acceptance of hair coloring and long hair adoption among the men, thus contributing to the growing demand for hair repair products. This tend and changing social norms has increased the awareness about diverse hair color trends, boosting the hair care market growth. Additionally, the rise in organic and clean beauty demand has also contributed to the market growth. This has allowed the manufacturers to innovate and offer products with plant-based and organically sourced ingredients.
Conversely, the growth in allergic reactions to sensitive hair hampers the market growth.
Top Players Adopt Innovative Strategies and Shift to Eco-friendly Offerings to Strengthen Their Market Presence
The global market is fragmented due to the presence of various local and domestic key players. These companies are focusing on innovating new ingredient based products to meet the growing consumer needs and address specific concerns. They are also using organic and natural ingredients such as plant based extracts to manufacture sustainable products.
Notable Industry Development
List of the Companies Profiled in the Report
To get a detailed report summary and research scope of this market, click here:
https://www.fortunebusinessinsights.com/hair-care-market-102555
Further Report Findings
Table of Segmentation
|
ATTRIBUTE |
DETAILS |
|
Study Period |
2019-2032 |
|
Base Year |
2024 |
|
Estimated Year |
2025 |
|
Forecast Period |
2025-2032 |
|
Historical Period |
2019-2023 |
|
Growth Rate |
CAGR of 9.4% during 2025-2032 |
|
Unit |
Value (USD Billion) |
|
Segmentation |
By Product
|
|
By Category
|
|
|
By Distribution Channel
|
|
|
By Region
|