PUBLISHER: The Business Research Company | PRODUCT CODE: 1664358
PUBLISHER: The Business Research Company | PRODUCT CODE: 1664358
Hair care stores are retail establishments that offer a range of hair care products, including hairstyling items, hair treatments, hair coloring products, and hair accessories. These stores not only sell products from different brands but also provide services such as haircuts, styling, and coloring.
The primary products available in hair care stores include hair colorants, shampoos, conditioners, hair oils, and other related items. Hair colorants present a diverse array of commercial products capable of coloring hair in various tones and shades, ranging from very light blonde to black, with shades such as golden ash, reddish, mahogany, violet, and more. These products are distributed through various channels, including supermarkets or hypermarkets, specialty stores, online platforms, and others, encompassing applications related to hair treatment and scalp treatment.
The hair care stores market research report is one of a series of new reports from The Business Research Company that provides hair care stores market statistics, including hair care stores industry global market size, regional shares, competitors with hair care stores market share, detailed hair care stores market segments, market trends, and opportunities, and any further data you may need to thrive in the hair care stores industry. This hair care stores market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The hair care stores market size has grown strongly in recent years. It will grow from $179.96 billion in 2024 to $193.99 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to cultural influences, economic conditions, regulatory changes, brand loyalty, consumer education.
The hair care stores market size is expected to see strong growth in the next few years. It will grow to $251.38 billion in 2029 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to sustainability and eco-friendly practices, e-commerce expansion, diversity and inclusivity, consumer empowerment, crisis resilience. Major trends in the forecast period include digital transformation, health and wellness integration, global market opportunities, ingredient innovations, sustainable packaging.
The rising incidence of hair and scalp issues is driving the growth of the hair care stores market in the future. Hair and scalp problems encompass a variety of conditions that can affect the health and appearance of both hair and scalp. The extensive range of products and services offered in hair care shops is designed to promote healthy hair and scalp. These offerings include shampoos, conditioners, hair oils, and treatments specifically targeting issues like dandruff, hair loss, and dryness. As a result, the increase in hair and scalp problems enhances the demand for hair care stores and their products. For instance, in January 2024, Treatment Rooms London, a hair transplantation clinic based in England, reported that approximately 6.5 million men and 8 million women in the UK are currently facing hair loss. The most common cause is androgenic alopecia, or male and female pattern hair loss, which affects 85% of men and 40% of women by the age of 50. Thus, the rising prevalence of hair and scalp issues is fueling the growth of the hair care stores market.
The expansion of e-commerce is projected to boost the growth of the hair care stores market in the coming years. E-commerce refers to the buying and selling of goods and services over the Internet, which includes online retail, electronic payments, and digital transactions. Hair care stores operating on e-commerce platforms enable consumers to conveniently purchase a variety of hair care products online. For example, in August 2023, The Census Bureau, a principal agency in the US, estimated that the U.S. retail e-commerce sales for the second quarter of 2023, adjusted for seasonal variations but not for price changes, amounted to $277.6 billion, reflecting a 2.1 percent (+-0.9%) increase from the first quarter of 2023. Therefore, the growth of e-commerce is contributing to the expansion of the hair care stores market.
A notable trend in the hair care stores market is the integration of technological advancements by major companies. These companies are leveraging advanced technologies to maintain their market position. For instance, Revieve Oy introduced the AI Haircare Advisor in March 2022, in collaboration with the Living Proof haircare line by Unilever plc. The AI Haircare Advisor utilizes AI-powered personalized recommendations, mobile selfie diagnostics, and user input to help customers understand and care for their hair. Technological innovation is a pivotal factor shaping the landscape of the hair care stores market.
Major players in the hair care stores market are focusing on innovating hair styling tools with the incorporation of technology, such as heated comb technology. This technology involves a comb-shaped element equipped with a heating mechanism. SharkNinja Inc. launched the Shark SmoothStyle and Shark SpeedStyle in August 2023, with the Shark SmoothStyle featuring heated comb technology for straightening and smoothing hair without causing damage or frizz. Additionally, the Shark SpeedStyle, touted as the market's lightest digital hair dryer, is designed for quick hair drying and styling. These innovations showcase the industry's commitment to incorporating technology into hair care products.
In April 2022, Wella AG acquired Briogeo Hair Care for an undisclosed amount, a move expected to enhance Wella Company's product portfolio and diversify its offerings in the hair care market. Wella Company stands to benefit from Briogeo's expertise in natural and clean hair care, while Briogeo gains from Wella Company's global reach and resources. This acquisition reflects the industry's strategy to expand and diversify through strategic partnerships and acquisitions.
Major companies operating in the hair care stores market include L'Oreal S.A., Unilever plc, Johnson & Johnson Private Limited, Kao Corporation, Henkel AG & Co. KGaA, Amway, Oriflame Cosmetics AG, Procter & Gamble Company, Beiersdorf AG, Coty Inc, Natura & Co, Aveda Corporation, Shandong Baisheng Biotechnology Co. Ltd, Goody Products Inc., Neutrogena Corporation, Sally Beauty Holdings Inc., Ulta Beauty Inc., Superdrug Stores plc, Boots UK Limited, Sephora, A.S. Watson Group, Guardian Health and Beauty, Planet Beauty, Trade Secrets, Beauty Brands, CosmoProf, SalonCentric, Madison Reed, Regis Corporation, Great Clips, Supercuts, Ratner Companies L.C., Fantastic Sams, Sport Clips, First Choice Haircutters, SmartStyle, MasterCuts, HairMasters, Cost Cutters, BoRics, Magicuts, Style America, Holiday Hair, Hairhouse Warehouse, Ricky's NYC
North America was the largest region in the hair care stores market in 2024. Asia-Pacific is expected to be the fastest-growing region in the hair care stores market report during the forecast period. The regions covered in the hair care stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the hair care stores market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The hair care stores market includes revenues earned by entities by providing temporary hair colors, sem-permanent dyes, and permanent dyes. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Hair Care Stores Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on hair care stores market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for hair care stores ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The hair care stores market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.