Market Forecast By Type (Product, Services), By Product Type (Shampoo, Hair Color, Conditioner, Hair Styling Product, Hair Oil, Hair Spray, Hair Gel, Others), By Distribution Channel (Online Stores, Hypermarkets, Direct Selling) and Competitive landscape
Product Code: ETC003515 | Publication Date: Aug 2023 | Updated Date: Sep 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Hair Care market currently, in 2023, has witnessed an HHI of 962, Which has decreased slightly as compared to the HHI of 1061 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | India Hair Care Market |
Forecast period | 2024-2030 |
CAGR | 8% |
Growing Sector | Shampoo |
The India Hair Care Market report thoroughly covers the market by Type, Product Type, and Distribution Channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers, which would help stakeholders devise and align their market strategies according to the current and future market dynamics.
The India Hair Care Market is poised for significant expansion, fueled by rising consumer awareness about personal grooming and an increasing focus on hair health.
According to 6Wresearch,ย the India Hair Care Market is anticipated to grow at a CAGR of 8% during 2024-2030.ย The shampoo segment is driving this growth, reflecting a broader trend towards premium and specialized hair care products. The surge in demand for natural and organic ingredients is also influencing the market, with consumers increasingly opting for products free from harsh chemicals. Moreover, the growing influence of social media and online beauty influencers is shaping consumer preferences, further boosting market growth.
Despite the optimistic outlook, the market faces several challenges. The proliferation of counterfeit products and unregulated brands poses a risk to consumer safety and brand integrity. Additionally, fluctuating raw material prices and supply chain disruptions can impact production costs and pricing strategies. Environmental concerns related to packaging waste and the use of non-sustainable ingredients are also pressing issues that the industry must address to maintain consumer trust and regulatory compliance.
Leading players in the India Hair Care Market include Hindustan Unilever, L'Orรฉal India, and Dabur India Ltd. Hindustan Unilever is renowned for its extensive portfolio of hair care products, including popular shampoos and conditioners that cater to diverse hair types. L'Orรฉal India stands out with its innovative hair care solutions, focusing on advanced formulations and premium products. Dabur India Ltd. offers a range of traditional and herbal hair care products, emphasizing natural ingredients and heritage-based formulations.
The Indian government is actively supporting the growth of the hair care industry through various initiatives aimed at promoting consumer health and safety. Policies encouraging the use of natural and organic ingredients in personal care products are gaining traction, aligning with the rising consumer preference for eco-friendly solutions. Additionally, regulatory measures are being implemented to curb the proliferation of counterfeit products, ensuring higher standards of quality and safety in the market. The government's focus on enhancing the overall beauty and wellness industry infrastructure is also expected to benefit the hair care sector.
The India Hair Care Market is set to experience robust growth driven by the evolving consumer preferences for premium and specialized products. Technological advancements in product formulations and packaging are expected to enhance market offerings and appeal to a broader audience. The shift towards natural and organic products, driven by increasing health consciousness and environmental awareness, will continue to influence market dynamics. Additionally, the rise of e-commerce and digital marketing is likely to expand consumer reach and drive sales growth. As the market evolves, innovation and sustainability will play crucial roles in shaping its future trajectory.
According to Ravi Bhandari, Research Head, 6Wresearch,ย the product segment dominates the market due to the wide range of hair care solutions available to consumers, from shampoos to styling products. Services are growing, driven by increasing demand for personalized hair treatments and salon services.
The shampoo category leads the market, driven by its essential role in daily hair care routines. Hair color and conditioner products are also experiencing strong growth, as consumers seek to enhance their hairโs appearance and health. Hair styling products, including hair gel and spray, continue to be popular for their ability to provide various styling options.
The online stores segment is expanding rapidly due to the convenience of online shopping and the growing number of e-commerce platforms. Hypermarkets remain a significant channel, offering a wide variety of hair care products in physical retail settings. Direct selling is also prevalent, with many brands using this model to reach consumers directly and offer personalized recommendations.
The report provides a detailed analysis of the following market segments
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. India Hair Care Market Overview |
3.1. India Country Macro Economic Indicators |
3.2. India Hair Care Market Revenues & Volume, 2020 & 2030F |
3.3. India Hair Care Market - Industry Life Cycle |
3.4. India Hair Care Market - Porter's Five Forces |
3.5. India Hair Care Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6. India Hair Care Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.7. India Hair Care Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4. India Hair Care Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. India Hair Care Market Trends |
6. India Hair Care Market, By Types |
6.1. India Hair Care Market, By Type |
6.1.1 Overview and Analysis |
6.2.2. India Hair Care Market Revenues & Volume, By Type, 2020-2030F |
6.2.3. India Hair Care Market Revenues & Volume, By Product, 2020-2030F |
6.2.4. India Hair Care Market Revenues & Volume, By Services, 2020-2030F |
6.2. India Hair Care Market, By Product Type |
6.2.1. Overview and Analysis |
6.2.2. India Hair Care Market Revenues & Volume, By Shampoo, 2020-2030F |
6.2.3. India Hair Care Market Revenues & Volume, By Hair Colour, 2020-2030F |
6.2.4. India Hair Care Market Revenues & Volume, By Conditioner, 2020-2030F |
6.2.5. India Hair Care Market Revenues & Volume, By Hair Styling Product, 2020-2030F |
6.2.6. India Hair Care Market Revenues & Volume, By Hair Oil, 2020-2030F |
6.2.7. India Hair Care Market Revenues & Volume, By Hair Spray, 2020-2030F |
6.2.8. India Hair Care Market Revenues & Volume, By Others, 2020-2030F |
6.2.9. India Hair Care Market Revenues & Volume, By Others, 2020-2030F |
6.3. India Hair Care Market, By Distribution Channel |
6.3.1. Overview and Analysis |
6.3.2. India Hair Care Market Revenues & Volume, By Online Stores, 2020-2030F |
6.3.3 India Hair Care Market Revenues & Volume, By Hypermarkets, 2020-2030F |
6.3.4. India Hair Care Market Revenues & Volume, By Direct Selling, 2020-2030F |
7. India Hair Care Market Import-Export Trade Statistics |
7.1. India Hair Care Market Export to Major Countries |
7.2. India Hair Care Market Imports from Major Countries |
8. India Hair Care Market Key Performance Indicators |
9. India Hair Care Market - Opportunity Assessment |
9.1. India Hair Care Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2. India Hair Care Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.3. India Hair Care Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10. India Hair Care Market - Competitive Landscape |
10.1. India Hair Care Market Revenue Share, By Companies, 2023 |
10.2. India Hair Care Market Competitive Benchmarking, By Operating and Technical Parameters |
11. Company Profiles |
12. Recommendations |
13. Disclaimer |