North America Hair Care Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2030)


Posted February 5, 2024 by mansi3210

North American hair care market is projected to grow at a considerable CAGR of 3.0% during the forecast period.

 
North American hair care market is projected to grow at a considerable CAGR of 3.0% during the forecast period. The key aspect that drives the growth of the market includes the increase in male grooming and growing geriatric population across the region. Furthermore, the people of North America are getting more fashion conscious which will propel the growth of the market. According to the US FMCG Association, the men have tendency to spend more cash on shaving and hair care products.

For instance, in January 2019, the Procter & Gamble Inc. and Bevel announced plans to work together to cater the skincare trends. The P&G has completely owned the Bevel, which is a razor company. The company is catering to develop new and innovative product in order to generate the stable and legacy products especially among black millennial men. Bevel is the subsidiary of Walker & Co., which is supposed to leverage all the marketing source of The P&G catering to extend its products reach across the region.

North American hair care market is segmented based on product type and distribution channel. Based on the product type, the market is segmented as shampoo, conditioner, hair oil, hair colorants, hair styling products, and others. The other product type includes waxes, pastes, mousses, and hair treatment products. Based on the distribution channel, the market is segmented into offline channel and online channel. The offline channel comprises of supermarket/ hypermarket, convenience stores, specialty stores, pharmacies/ drug stores, and others.

Based on the demographic viewpoint, the North America hair care market has been segmented into the US and Canada. The US is likely to hold a major share in the North America hair care market over the forecast period. The factors that are driving the growth of the country are the presence of major players and their innovations. The key market players include Amway Corp., The Procter & Gamble Co., Revlon, Inc. and others.

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Market Coverage

The market number available for – 2023-2030
Base year- 2023
Forecast period- 2024-2031

Segment Covered- 

By Product Type
By Distribution Channel

North America Hair Care Market Segmentation

By Product Type

Shampoo
Conditioner
Hair Oil
Hair Colorants
Hair Styling Products
Others (Waxes, Paste, Mousses, Hair Treatment Products)

By Distribution Channel

Offline
Supermarket/Hypermarket
Convenience Stores
Specialty Stores
Pharmacies/ Drug Stores
Online

A full Report of North America Hair Care Market is Available @ https://www.omrglobal.com/industry-reports/north-american-hair-care-market

Regional Analysis

US
Canada

Company Profiles 

Amway Corp.
Aveda Corp.
Avon Products, Inc.
Church & Dwight Co., Inc.
Combe, Inc
Conair Corp.
Coty, Inc. 
Deciem Beauty Group Inc.
Goody Products, Inc.
Johnson & Johnson Services, Inc.
L'oreal S.A.
MONAT Global Corp.
Natura International, Inc.
Procter & Gamble Co.
Redken
Revlon, Inc.
Unilever plc
Vogue International LLC
Wella Operations US LLC

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/north-american-hair-care-market

About Orion Market Research

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Issued By Mansi
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Business Address Indore, india
Country India
Categories Beauty , Business , Consumer
Last Updated February 5, 2024