Global Market Insights, Inc. has announced the launch of organic hair care market, a comprehensive study enumerating the latest price trends and pivotal drivers rendering a positive impact on the industry landscape. Further, the report is inclusive of the competitive terrain of this vertical in addition to the market share analysis and the contribution of the prominent contenders toward the overall industry.
Organic Hair Care Market size is expected to witness a surge in demand owing to rising usage of natural constituents based products as they are healthy for hair. Increasing demand for sulphate free products is predicted to propel industry growth. Upsurge in personal care and beauty industry is also one of the key factor to support the product demand. Rapid boom in e-commerce sector in another reason which will drive the industry growth over the forecast period.
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Organic hair care market products are produced using various natural ingredients including neem, eclipta prostrata, coconut oil, aloevera, gandhak, honey, extra virgin oil, vegetable glycerine and castor seed oil owing to their characteristics which nourishes the scalp with no side effects. Among these, neem, elipta prostrate and coconut oil are widely used in making shampoo and hair oil due to the cool mint essence and their outstanding properties removing dandruff & itching from the scalp.
Based on product type, organic hair care market size is segmented into oils & serums, shampoos & conditioners and styling. Among these shampoos & conditioner is holding a major revenue share due to their daily consumption. Styling products is likely to drive the industry over the estimated years owing to increasing trends among the youth regarding styling.
Based on hair type, organic hair care market share is categorized into normal, dry and oily hair. Several manufacturers are offering their products covering all the three types to increase their revenue share and rising requirements of customers. In addition, the business can be segregated on the basis of its distribution channels into hypermarket, retail stores, medical stores, direct sales and e-commerce. Supermarket/hypermarket is the leading segment while e-commerce is anticipated to lead the market over the forecasted period.
Asia Pacific is the fastest growing organic hair care market and will witness a high CAGR over the forecast years. Changing customer preferences, lifestyle and multiple distribution channel is one of the major reason to flourish the industry growth. Increasing population and purchasing power have noticed a high demand for these products. Various manufacturers are launching new products to capitalize the industry share by attracting the growing young population of this emerging countries. This region is expected to impel due to increasing loyal customers base coupled with introduction of innovative products within ayurvedic and natural area.
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Organic hair care market is moderately fragmented in nature with presence of large and small vendors including Kao, Avalon, The Colgate-Palmolive, Bentley labs, Lakhme cosmetics and The Body Shop. Some other prominent market players are Patanjali, Aveda, Bio Veda Action Research, Onesta, Giovanni Cosmetics, Suave, Ammway and Dabur.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.