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US Hair Care Market is Expected to Reach USD 13.4 billion by 2020: Ken Research by Ankur Gupta





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US Hair Care Market is Expected to Reach USD 13.4 billion by 2020: Ken Research by
Article Posted: 07/04/2016
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US Hair Care Market is Expected to Reach USD 13.4 billion by 2020: Ken Research


 
Consumer
• Future growth of US Hair Care Market is expected to be led by a surge in demand for natural and multi-cultural hair care products. Market growth will also be bolstered by the increasing annual expenditure on hair care products, rising disposable income, innovative advertisement campaigns, attractive packaging and rising fashion consciousness towards hair color and styling products in the country. • Large established companies such as L’Oreal, P&G, Unilever, Henkel and Kao Corporation have been focused on delivering superior quality products and cater to the entire range of hair care products including shampoo, conditioners hair color and styling products. These companies develop products pertaining to both mass segment and premium or luxury segment products.

Ken Research announced its latest publication on “US Hair Care Market Outlook to 2020 – Natural Ingredients and Multi-Cultural Products to Drive Future” which provides a comprehensive analysis of the hair care (shampoo, conditioner, hair styling products, hair color, hair growth products and others) industry in the US. The report covers various aspects such as market size of the hair care products on the basis of revenues, segmentation on the basis of category of products, regional distribution, product usage by gender and age group, distribution channel, inorganic or organic composition, mass segment or luxury products and detailed competitive landscape of major players in this sector. The report is useful for industry consultants and analysts, company managers and owners and new players venturing in the market. Shampoo was the largest product segment accounting for about 34% of the market revenues in 2015. Wide scale adoption of shampoo as a hair care item in the US resulted in growth of this segment. Herbal, anti-dandruff, moisturizing and vitamin fortified shampoo products were amongst the most sold products in the US market. Conditioners are complementary products of shampoo and used post shampooing. Majority of the conditioners are sold as a combo product with the shampoos. Growth of conditioners was also fueled by the increased adoption of cleansing conditioners (co-wash) in the country. Since this conditioner conditions and also cleanses the hair, it offered consumers an alternative to shampoo. In the US, almost 7 in 10 adult females using hair conditioner product users were reported to be interested in buying a co-wash cleaning conditioner for regular usage in 2015. Hair styling products such as gel, crème, hair spray and mousse which assist in setting and obtaining the desired hairstyle were highly popular in the country, driving the growth of this segment. Ageing US population with median age over 40 years in many states has fueled the dependence on hair colors combined with the demand from young and working women. Other hair care products such as hair growth and treatment serums accounted for the remaining 6.6% of the market share in 2015. The hair care market in the US was fairly concentrated and continued to be highly competitive with top three players i.e., L’Oreal, P&G and Unilever together accounted for a combined retail market share of over 60% in 2015. Other prominent vendors included Henkel, Kao Corporation, Vogue International and Paul Mitchell. According to the research report- in the forecasted period till 2020, the market is poised to grow and likely to report revenues worth USD 13.4 billion by 2020. Key Topics Covered in the Report: US Hair Care Market - Contribution of US in the Global Hair Care Market - Market Size by Revenues - Market Segmentation by o Product Categories o Gender o Distribution Channel o Mass and Premium o Age Group o Regional Demand o Inorganic or Organic Products - US Shampoo Market Introduction and Size o Market Segmentation by Product Categories o Market Share-Brand Analysis along with their Strengths and Weaknesses o Market Share of Major Players o Future Outlook and Projections - US Conditioner Market Introduction and Size o Market Segmentation by Product Categories o Market Share-Brand Analysis along with their Strengths and Weaknesses o Market Share of Major Players o Future Outlook and Projections - US Hair Color Market Introduction and Size o Market Segmentation by Product Categories o Market Share-Brand Analysis along with their Strengths and Weaknesses o Market Share of Major Players o Future Outlook and Projections - US Hair Styling Products Market Introduction and Size o Market Segmentation by Product Categories o Market Share-Brand Analysis along with their Strengths and Weaknesses o Market Share of Major Players o Future Outlook and Projections - Consumer Decision Making Matrix in US Hair Care Market - Competitive Landscape of Major Players in US Hair Care Market - Market Share of Major Players in US Hair Care Market along with Herfindahl-Hirschman Index (HHI) - Trade Analysis in US Hair Care Market - Issues and Challenges in US Hair Care Market - SWOT Analysis of US Hair Care Market - Porter Five Forces Analysis in US Hair Care Market - Government Regulations in US Hair Care Market - US Hair Care Market Future Outlook and Projections - Analyst Recommendations - Macro Economic Parameters Key Brands Mentioned in the Report Head & Shoulders, Pantene, Wella, Herbal Essences, Aussie, Clairol, Vidal Sassoon, L’Oreal, Garnier, Kerastase, Redken, Matrix, Carol’s Daughter, Suave, TIGI, Dove, Clear, TRESemme, Nexxus, Schwarzkopf, John Frieda, OGX, Paul Mitchell, Revlon. Companies Covered in the Report L’Oreal Procter & Gamble Unilever Henkel Kao Corporation Vogue International Paul Mitchell American Crew Aveda Jane Carter Solutions Mixed Chicks Truss Cosmetics KeraStraight Sephora Madam C.J. Walker Related Reports: Global Haircare Haircare in Asia-Pacific Haircare in Europe Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249

Related Articles - Hair Care Market Report, US Hair Color Market, US Conditioner Industry,

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