Hyderabad, India -- (SBWIRE) -- 08/23/2018 -- In the Report "India Professional Hair Care Market: By Categories (Coloring, Perming & Straightening, Shampoo & Conditioning & Styling); Sales Channel (Back Bar and Take Home) & By Company - (2018-2023)" published by IndustryARC, the market is driven by change of weather condition, leading to damaging hair and rising western culture that will increase the number of products in the market.
Increasing concern for Hair Care dominates products share and growth in the India Professional Hair Care Market
India is the world's ninth largest economy in terms of nominal GDP. The GDP of India is forecast to grow at a CAGR of 7.75% during 2018-2023. The major economic centres like Maharashtra State, Andhra Pradesh, Karnataka, Punjab and NCR Region are the vital states that will help the market to grow largely. The Professional Hair treatment market is mainly established due to huge population in the youth category with a moderate age of 27.7 year in 2017. Growth in the younger consumer residents is leading to an increase in the penetration of the salon culture.
Selected Product Category Analysis done in the full Report:
India Professional hair care market is segmented into category, which includes colouring, Perming and Straightening, Shampoo & Conditioning and Styling. Among all Professional hair shampoo and conditioning has the largest share of 52.60% in the India's professional hair care market. The shampoo & conditioning market is expected to grow at a CAGR of 18.10% to reach revenue of $262.11 million (INR 17690.07m) by 2023. Hair coloring is the second leading market expected to grow at a CAGR of 17.30% to reach revenue of $150.94 million (INR10187.09m) by 2023. Whereas, Perming and Straightening is seen to have slowest growth rate of 11.60% and to reach revenue of $23.35 million (INR 1575.91m) by 2023.
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Excerpts on Market Growth Factors
Companies are creating innovative hair products for hair color, straightening and perming services. The products are intended to be ammonia and chemical free products, which cause lesser damage to hair care in order to achieve modest advantage.
New international players are partnering with salons chains in Indian market products, which will help the hair care market to grow exponentially.
The growing concern about the care is providing plenty of opportunities for the companies to produce organic hair care products, that will likely increase the growth factor.
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Key players of the India Professional Hair Care Market
L'Oreal Group, Procter & Gamble and Henkel are the leading companies, due to the high quality and huge range of products portfolio. L'Oreal Group with its brands like Matrix, L'Oreal Professional, Kerastase tops are the professional hair care products market in India in 2017 with 52.6% share. Paul Mitchell, Awapuhi Wild Ginger, Marula Oil, are some of the product line produced by Jhon Paul Mitchell Systems.
India Professional Hair Care Market report is segmented as below
A. India Professional Hair Care Market By Product Category
1. Coloring
2. Perming & Straightening
3. Shampoo & Conditioning
4. Styling
B. India Professional Hair Care Market by Distribution Channel
1. Direct
2. Distributor / Wholesalers
3. Others
C. India Professional Hair Care Market by Geography (covers 10+ countries)
D. India Professional Hair Care Entropy Market
E. Manufacturer Citied / Interviewed
1. JOHN PAUL MITCHELL SYSTEMS
2. HENKEL AG & Co, KGaA
3. PROCTER & GAMBLE CO.
4. Company 4
5. Company 5
6. Company 6
Related Report:
A. China Professional Haircare Market
https://industryarc.com/Report/7400/china-professional-hair-care-market-report.html
B. Japan Professional Haircare Market
https://industryarc.com/Report/7411/japan-professional-hair-care-market-report.html
What can you expect from the report?
The India Professional Hair Care Market Report is Prepared with the Main Agenda to Cover the following 20 points:
1. Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
2. Market trends & Relevant Market Data 12. Country level Analysis
3. Manufacturer Landscape 13. Competitor Analysis
4. Distributor Landscape 14. Market Shares Analysis
5. Pricing Analysis 15. Value Chain Analysis
6. Top 10 End user Analysis 16. Supply Chain Analysis
7. Product Benchmarking 17. Strategic Analysis
8. Product Developments 18. Current & Future Market Landscape Analysis
9. Mergers & Acquisition Analysis 19. Opportunity Analysis
10. Patent Analysis 20. Revenue and Volume Analysis
Frequently Asked Questions:
Q. Does IndustryARC publish country or application based reports in India Professional Hair Care Market segment?
Response: Yes, we do have separate reports as mentioned below:
1. America India Professional Hair Care Market (2018-2023)
2. Europe India Professional Hair Care Market (2018-2023)
3. Asia-Pacific India Professional Hair Care Market (2018-2023)
4. Product Category India Professional Hair Care Market (2018-2023)
5. Distribution Channel India Professional Hair Care Market (2018-2023)
Q. Does IndustryARC provide customized reports and charge additionally for limited customization?
Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:
1. Increase the level of data in application or end user industry.
2. Increase the number of countries in geography chapter.
3. Find out market shares for other smaller companies or companies which are of interest to you.
4. Company profiles can be requested based on your interests.
5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.
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