North America hair styling product formulations market is estimated to be valued at US$ 8.8 Bn by 2030, exhibiting a CAGR of 5.4% during the forecast period (2023 to 2030).
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 5.77 Bn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
5.40% |
2030 Value Projection: |
US$ 8.8 Bn |
Figure 1. North America Hair Styling Product Formulations Market, Revenue Share (%), By End User, 2022
Growing cosmetics industry as people are becoming more aware regarding the various types of product available in the market for grooming personality with essential vitamins and minerals. Hair styling product are an example of these type of product. New innovations in the product array of shampoos, conditioners, sprays, and other hair products is expected to drive the industry growth. There has been huge demand for hair styling products in the North America region due to rising male grooming, growing elderly population, and greater fashion consciousness among customers. various hair styling products such as hair styling wax, hair styling gels ,hair styling oil, hair styling creams.
Market Dynamics
Changing standards of living and rising awareness regarding personal grooming products is leading to growing of consumer base for hair styling products. The customers are becoming more style and beauty conscious that increases demand for hair styling products . The various hair styling products available in the market include hair styling gel, hair styling spray, hair mousse, and hair styling creams that help to improve physical appearance of the individual. Increasing use of hair styling products among individuals as per the current fashion trends is expected to support the market penetration across the North America region.
However, the availability of less expensive alternatives is projected to hamper the expansion of the hair styling products industry. Rising concerns about these products' detrimental effects on hair is expected to hamper the North America hair styling product formulations market growth during the forecast period.
Key features of the study:
- This report provides in-depth analysis of the North America hair styling product formulations market size (US$ Bn), and compound annual growth rate (CAGR %) for the forecast period (2023 - 2030), considering 2022 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, country outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the North America hair styling product formulations market based on the following parameters-overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies, and future plans
- Key companies covered as a part of this study include L'Oreal, Tresemme, John Paul Mitchell Systems, Brylcreem, Unilever, Kao Corporation, Henkel AG & Co., KGaA, Shiseido Company, and Procter & Gamble Company
- Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, Product Type up-gradation, market expansion, and marketing tactics
- North America hair styling product formulations market report caters to various stakeholders in this industry including investors, suppliers, hair styling product formulations manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analysing the North America hair styling product formulations market
Detailed Segmentation:
- By Product Type:
- Texture Spray
- Smoothening Spray
- Hair Thickening Spray
- Others
- Hair Gel
- Hair Wax
- Hair Spray
- Hair Serum
- Curling Cream
- Hair Cream
- Hair Mousse
- Others
- By Gender:
- By Packaging Type:
- Dispenser Pumps
- Spray
- Tubes
- Containers
- Others
- By Distribution Channel:
- Supermarkets & Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Retail
- Others
- By End User:
- By Country:
- Company Profiles
- L'Oreal
- Tresemme
- John Paul Mitchell Systems
- Brylcreem
- Unilever
- Kao Corporation
- Henkel AG & Co., KGaA
- Shiseido Company
- Procter & Gamble Company