China Professional Haircare Market Overview:
The China Professional Haircare Market size is
estimated to reach $425 Million by 2030, growing at a
CAGR of 2.8% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “
China Professional Haircare Market– By Gender (Male and Female), By Products (Coloring, Straightening & Perming, Shampoo & Conditioners, Styling and Others), By Type (Organic and Synthetic), By Distribution Channels (Hypermarkets/Retail Chain, E-commerce, Salons, Pharmacy, Specialty Stores, and Others) - Opportunity Analysis & Industry Forecast, 2024-2030.”
The China Professional Hair Care market has garnered attention due to concerns over hair loss. Several Chinese in their 30s and 40s are experiencing hair loss and turn to professional solutions for healthy hair. The increasing demand for premium hair care products also boosts the market. Additionally, there is demand for multifunctional hair care products to save time.
Shampoos & Conditioners Hold the Largest Market Share
Based on Product, the shampoo & conditioners segment held the largest market share of 36% in China in 2023 driven by high consumer demand for products that cater to various hair types and needs. The diverse product options include formulations for hydration, dandruff prevention, hair loss, volume boosting and scalp care that caters to a wide range of professional and personal hair care requirements. With the growing concerns over hair loss, salons and stylists focus on recommending high-quality professional-grade shampoos and conditioners. As shampoos and conditioners are the most basic hair care products, Chinese are turning to these products to address hair concerns.
China Professional Haircare Market: Key Takeaways
Rising Demand for Multifunctional Hair Care Products
China's professional hair care market is experiencing a surge in demand for multifunctional products. Consumers increasingly seek versatile hair care solutions that address multiple needs such as cleansing, conditioning, styling and treatment within a single product. This trend is driven by factors like busy lifestyles, convenience preferences and a growing focus on hair health and beauty. Multifunctional products offer time-saving benefits and simplify hair care routines making them attractive to a wide range of consumers.
Need for Premium Hair Care Products
In China healthy hair is associated with beauty as a result Chinese pay attention to maintaining their hair. China's professional hair care market is experiencing a shift towards premiumization. Consumers are increasingly prioritizing high-quality products that cater to their specific hair needs and offer superior performance. This trend is fueled by a growing awareness of hair health and beauty coupled with a desire for products that deliver visible results. As a result, premium brands are gaining traction particularly those that emphasize on treating hair concerns, innovative formulations and advanced technologies. Formulations that contain argan oil, keratin and are targeted at hair fall are popular.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2023–2030 |
Base year considered | 2023 |
Forecast period | 2024–2030 |
Forecast units | Value (USD) |
Segments covered | Gender, Product, Type and Distribution Channels |
Companies covered | Key 10 players covered include L'Oreal Group Procter & Gamble Kao Corporation Estee Lauder Guangzhou Adolph Unilever Ltd. Bansk Group Beijing Tongrentang L’Occitane Group Henkel
|
Recent Developments:
- In January 2024, Henkel signed an agreement to acquire Vidal Sassoon and its related hair care business in Greater China from Procter & Gamble. The Vidal Sassoon portfolio offers shampoos, conditioner and products dedicated to hair styling and treatments.
- In April 2023, Monday Haircare, one of TikTok's most followed haircare brands, completed a multi-million dollar investment in a new state-of-the-art manufacturing facility located in Zhongshan, Southern China.
China Profession Haircare Market: Competitive Landscape
Key companies profiled in the China Professional Haircare Market are L'Oreal Group, Procter & Gamble, Kao Corporation, Estee Lauder, Guangzhou Adolph, Unilever Ltd., Bansk Group, Beijing Tongrentang, L’Occitane Group, Henkel and Others
Related Reports:
Singapore Professional Haircare Market- Singapore Professional Hair Care Market size is estimated to reach $98 million by 2030, growing at a CAGR of 2.9% during the forecast period 2024-2030 owing to increased consumer spending on hair care products, rising demand for chemical-free hair care products and the growing demand for luxury products.
South Africa Professional Haircare Market - South Africa Professional Hair Care Products Market size is estimated to reach $1.2 billion by 2027, growing at a CAGR of 3.4% during the forecast period 2022-2027.
Hong Kong Professional Haircare Market- Hongkong Professional Hair Care Market size is estimated to reach $96 million by 2030, growing at a CAGR of 2.8% during the forecast period 2024-2030. Increasing awareness of scalp health is leading to a rise in products and services addressing scalp concerns in the country.
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