Market Research Report
Global Shampoo Market Size study, by Product, Distribution Channel and Regional Forecasts 2021-2027
|Global Shampoo Market Size study, by Product, Distribution Channel and Regional Forecasts 2021-2027|
Published: January 10, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
Global Shampoo Market is valued approximately xxx billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.03 % over the forecast period 2021-2027. Shampoos are generally a foaming liquid which cleanses hair and nourish them. There are many types of shampoo used for different type of hair. The demand for herbal shampoo is increasing which is boosting the growth of shampoo market. Other benefits of shampoo such as cleansing hair, helping in the growth of hair and keeping our scalp clean, keeping hair dandruff free are some other factors driving the market. For example, in 2020, Herbal Essences introduced its Aloe Collection with sustainably sourced aloe vera from Mexico. Rising awareness for the benefits of using shampoo through social media serves as another driver for the shampoo market. According to a survey conducted by ''Drug Invention Today'' in 2019 it was found that 65% of survey respondent suffered from dandruff issues. Increasing trend for spas and other hair care activities is also driving the market. According to a report, the number of people undergoing spas have increased to 190 million in 2019 from 187 million in 2018. However, harmful side effects due to shampoo because of the use of chemicals impedes the growth of the market over the forecast period of 2021-2027. Also, increasing youth population is likely to increase the market growth during the forecast period.
The regional analysis of global Shampoo Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to increasing hair colour demand in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as increased expenditure on hair care products would create lucrative growth prospects for the Shampoo Market across Asia-Pacific region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: