Europe Hair Care Market Introduction and Overview
According to SPER Market Research, the Europe Hair Care Market is estimated to reach USD 57.92 billion by 2033 with a CAGR of 7.73%.
The report includes an in-depth analysis of the Europe Hair Care Market, including market size and trends, product mix, applications, and supplier analysis. Hair care is the cosmetology and grooming of hair that emerges from the scalp. The physical characteristics of a person's hair as well as their culture have an impact on the hair care practices employed. Shampoo, conditioner, hair colour, styling products, and hair oil are some of the hair care goods offered. Hair care is the sanitary and cosmetic upkeep of hair to maintain its luster, cleanliness, and health. Treatments for hair on the scalp, face, and other parts of the body vary in terms of products and techniques. Hair undergoes a variety of treatments, including colouring, waxing, plucking, and cutting, in order to preserve its health.
- In commemoration of World Oceans Day in October 2022, P&G Beauty's Head & Shoulders, Pantene, Herbal Essences, and Aussie brands will launch their first shampoo and conditioner bars across their European haircare portfolio. P&G Beauty announced during a live panel at the Reuters Responsible Business Summit that Head & Shoulders, Pantene, Herbal Essences, and Aussie will continue to produce sustainable goods at scale as of 2022.
- Niche Beauty Lab, based in Barcelona, will launch its first haircare brand, Hairvest, in November 2021, with six items. Hairvest is the world's first haircare brand that treats the hair follicle without the usual adverse effects of hair treatments.
Market Opportunities and Challenges
Opportunities- The ethical, free from, and environmental claims in the hair care market have grown significantly, indicating the growing consumer need for styling tools and hair care products that are more environmentally friendly and sustainable than conventional goods. In this regard, in the near future, businesses probably will concentrate on expanding their sustainability claims to encompass packaging materials. Shea butter has become increasingly in demand throughout Europe in recent years. Shea butter is used in hair care products because of its special abilities to heal damaged and dry hair. Shea butter is becoming more widely used in Europe due to the growing desire for natural cosmetics. Europe is the world's largest important export market for shea goods, according to the Center for the Promotion of Imports from Developing Countries (CBI).
Challenges- A significant obstacle in the European hair care market is navigating the complex network of legal regulations and compliance standards that exist in several European nations. Europe is known for having a disjointed regulatory environment, with many nations having their own laws and regulations controlling cosmetics and other personal care items, including hair care products. Manufacturers with operations throughout Europe have to deal with different safety evaluations, limitations on ingredients, labeling specifications, and registration procedures. In addition to raising the price of bringing items to market, this regulatory complexity poses administrative and logistical difficulties. The cost of compliance can be especially intimidating for smaller businesses or those who are just entering the market.
Market Competitive Landscape
The European haircare market is highly competitive, with prominent competitors including Loreal SA, Unilever PLC, Kao Corporation, Procter & Gamble Company, and Henkel AG & Co, KGaA. Product innovation, expansion, and mergers and acquisitions are among the key strategies used by hair care corporations. Companies are boosting their efforts in R&D and marketing, as well as expanding their distribution channels, in order to maintain their market position. The primary requirement for increasing the market share of key firms in the region is a sustainable competitive advantage through innovation.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product Type, By Distribution Channel
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| Regions covered | Germany, France, Spain, United Kingdom, Nordic, Russia, Rest of Europe. |
| Companies Covered | Procter & Gamble Company, L'Oréal S.A, Henkel AG & Co. KGaA, Shiseido Company, Limited, Natura & Co, Kao Corporation, Unilever PLC, Johnson & Johnson, John Paul Mitchell Systems, Niche Beauty Lab, Moroccanoil Inc, The Vita Coco Company Inc.
|
COVID-19 Impact on Europe Hair Care Market
The majority of hair salons in European countries were compelled to temporarily close as a result of COVID-19's impact on the industry because the profession requires close proximity to customers. A lot of European consumers tried conditioning and colouring their hair from the comforts of their homes in 2020 as a result of the home isolation trend. Reliable materials and easily accessible information online, together with other social isolation tactics, encouraged consumers to experiment with their hair in new ways that would typically require professional assistance. Trends or changes in consumer behaviour that have affected the hair care market throughout Europe continue to have a detrimental influence on product sales through hairdressers or hair salons.
Key Target Audience:
- Beauty Salons
- Children
- Consumers with Specific Hair Concerns (such as dandruff, hair loss, etc.)
- Men
- Older Adults
- Retailers (both online and offline)
- Women
Our in-depth analysis of the Europe Hair Care Market includes the following segments:
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By Product Type: |
Shampoo
Conditioner
Hair Loss Treatment Products
Hair Colorants
Hair Styling Products
Perms and Relaxants
Other Product Types
|
|
By Distribution Channel: |
Supermarkets/Hypermarkets
Convenience Stores
Pharmacies/Drugstores
Specialty Stores
Online Retail Stores
Other Distribution Channels
|
Key Topics Covered in the Report:
- Europe Hair Care Market Size (FY’2024-FY’2033)
- Overview of Europe Hair Care Market
- Segmentation of Europe Hair Care Market By Product Type (Shampoo, Conditioner, Hair Loss Treatment Products, Hair Colorants, Hair Styling Products, Perms and Relaxants, Other Product Types)
- Segmentation of Europe Hair Care Market By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Pharmacies/Drugstores, Specialty Stores, Online Retail Stores, Other Distribution Channels)
- Statistical Snap of Europe Hair Care Market
- Expansion Analysis of Europe Hair Care Market
- Problems and Obstacles in Europe Hair Care Market
- Competitive Landscape in the Europe Hair Care Market
- Impact of COVID-19 and Demonetization on Europe Hair Care Market
- Details on Current Investment in Europe Hair Care Market
- Competitive Analysis of Europe Hair Care Market
- Prominent Players in the Europe Hair Care Market
- SWOT Analysis of Europe Hair Care Market
- Europe Hair Care Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Hair Care Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Europe Hair Care Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Hair Care Market
7. Europe Hair Care Market, By Product Type (USD Million) 2020-2033
7.1. Europe Hair Care Market Size, Share and Forecast, By Product Type, 2020-2026
7.2. Europe Hair Care Market Size, Share and Forecast, By Product Type, 2027-2033
7.3. Shampoo
7.4. Conditioner
7.5. Hair Loss Treatment Products
7.6. Hair Colorants
7.7. Hair Styling Products
7.8. Perms and Relaxants
7.9. Other Product Types
8. Europe Hair Care Market, By Distribution Channel USD Million) 2020-2033
8.1. Europe Hair Care Market Size, Share and Forecast, By Distribution Channel, 2020-2026
8.2. Europe Hair Care Market Size, Share and Forecast, By Distribution Channel, 2027-2033
8.3. Supermarkets/Hypermarkets
8.4. Convenience Stores
8.5. Pharmacies/Drugstores
8.6. Specialty Stores
8.7. Online Retail Stores
8.8. Other Distribution Channels
9. Europe Hair Care Market Forecast, 2020-2033 (USD Million)
9.1. Europe Hair Care Market Size and Market Share
10. Europe Hair Care Market, By Region, 2020-2033 (USD Million)
10.1. Europe Hair Care Market Size and Market Share By Region (2020-2026)
10.2. Europe Hair Care Market Size and Market Share By Region (2027-2033)
10.3. Germany
10.4. France
10.5. Spain
10.6. United Kingdom
10.7. Nordic
10.8. Russia
10.9. Rest of Europe
11. Company Profile
11.1. Procter & Gamble Company
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. L'Oréal S.A
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Henkel AG & Co. KGaA
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Shiseido Company, Limited
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Natura & Co
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Kao Corporation
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Unilever PLC
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Johnson & Johnson
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
