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: ETC003504 | Publication Date: Aug 2020 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Cambodia Hair Care market currently, in 2023, has witnessed an HHI of 5391, Which has decreased slightly as compared to the HHI of 5623 in 2017. The market is moving towards concentrated. 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.
Cambodia Hair Care Market report thoroughly covers the market by type, by product type and distribution channel. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Cambodia Hair Care Market is expected to grow in the forecast period as the market represents a diverse segment within the beauty and personal care industry, encompassing a wide range of products designed for the care, styling, and maintenance of hair. This market includes shampoos, conditioners, hair treatments, styling products, and hair colouring solutions. Hair care products are used by individuals of all ages and genders, catering to a variety of hair types and concerns. The market is influenced by consumer preferences, hair health awareness, and trends in hairstyling. Hair care products play a vital role in maintaining hair health, managing hair-related issues, and enhancing the overall grooming and appearance of individuals in Cambodia.
According to 6Wresearch, the Cambodia Hair Care Market size is likely to grow during the forecast period of 2023-2029. One of the primary drivers of growth in the hair care market in Cambodia has been a greater focus on personal grooming and hygiene. With changing lifestyles and greater exposure to international trends and fashion, people have become more conscious of their appearance. Moreover, increasing disposable incomes have enabled consumers to spend more on hair care products, including shampoos, conditioners, hair styling gels, and hair treatments. In addition to this, the rise of the beauty and wellness industry in Cambodia has been another key driver. Many local and international salons and spas have opened up across the country, offering a range of hair care services, from haircuts and styling to keratin treatments and hair extensions. Despite the growth in the hair care market in Cambodia, there are several challenges that it faces. One of the main issues is the lack of regulations and quality standards for hair care products. With a swift increase in demand, sub-standard and counterfeit products have flooded the market. This poses a risk to consumers' health and safety and threatens to undermine consumer trust in the industry as a whole. Moreover, the unorganized nature of the market and stiff competition from unbranded products have made it difficult for established brands to penetrate and gain market share. Additionally, logistics and distribution challenges pose another problem, making it difficult and expensive to transport products across the country.
The government has taken several initiatives to promote and regulate the Cambodia Hair Care Industry. One of the key steps taken was the establishment of National Institute of Standards and Quality (NISQ) which sets standards and quality regulations across various sectors, including cosmetics and beauty products. Moreover, the government has also encouraged local entrepreneurs to set up manufacturing facilities and invest in the industry, boosting local production and driving the economy.
The Hair care Market in Cambodia has been hit hard by the COVID-19 pandemic. With closures of salons and spas, and reduced demand due to decreased incomes and social distancing measures, the industry has experienced significant losses. Moreover, supply chain disruptions and logistics issues have made it difficult for brands to reach customers and meet demand. However, the pandemic has also led to a rise in at-home hair care, with people experimenting with DIY hair treatments and products. This trend has opened up new opportunities for the hair care industry to develop and market products that cater to at-home self-care.
The hair care market in Cambodia is dominated by a few key players. Some of the leading local and international brands include L'Oreal, Procter & Gamble, Unilever, Earth, and Essence. These companies offer a wide range of hair care products catering to diverse customer needs and preferences and contributing towards Cambodia Hair Care Market Growth. Moreover, there has been a rise in local and regional hair care brands, offering traditional and organic products. These brands cater to the growing demand for natural and sustainable products that are gentle on the hair and skin and have less harmful chemical components.
According to Shivankar, Research Manager, 6Wresearch Shampoo and conditioner are essential hair care products used by a wide range of consumers. The demand for these basic hair care products is generally steady and may experience consistent growth.
The online retail channel for hair care products, including shampoo, conditioner, and styling products, has been experiencing significant growth in various markets. Online shopping provides convenience, a wide product selection, and access to a broader consumer base, which can drive growth in this segment play a major role in increase of Cambodia Hair Care Market Share.
The report offers a comprehensive study of the subsequent market segments:
Table of Contents |
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. Cambodia Hair Care Market Overview |
3.1. Cambodia Country Macro Economic Indicators |
3.2. Cambodia Hair Care Market Revenues & Volume, 2019 & 2029F |
3.3. Cambodia Hair Care Market - Industry Life Cycle |
3.4. Cambodia Hair Care Market - Porter's Five Forces |
3.5. Cambodia Hair Care Market Revenues & Volume Share, By Type, 2022 & 2029F |
3.6. Cambodia Hair Care Market Revenues & Volume Share, By Product Type, 2022 & 2029F |
3.7. Cambodia Hair Care Market Revenues & Volume Share, By Distribution Channel, 2022 & 2029F |
4. Cambodia Hair Care Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Cambodia Hair Care Market Trends |
6. Cambodia Hair Care Market, By Types |
6.1. Cambodia Hair Care Market, By Type |
6.1.1 Overview and Analysis |
6.2.2. Cambodia Hair Care Market Revenues & Volume, By Type, 2019-2029F |
6.2.3. Cambodia Hair Care Market Revenues & Volume, By Product, 2019-2029F |
6.2.4. Cambodia Hair Care Market Revenues & Volume, By Services, 2019-2029F |
6.2. Cambodia Hair Care Market, By Product Type |
6.2.1. Overview and Analysis |
6.2.2. Cambodia Hair Care Market Revenues & Volume, By Shampoo, 2019-2029F |
6.2.3. Cambodia Hair Care Market Revenues & Volume, By Hair Colour, 2019-2029F |
6.2.4. Cambodia Hair Care Market Revenues & Volume, By Conditioner, 2019-2029F |
6.2.5. Cambodia Hair Care Market Revenues & Volume, By Hair Styling Product, 2019-2029F |
6.2.6. Cambodia Hair Care Market Revenues & Volume, By Hair Oil, 2019-2029F |
6.2.7. Cambodia Hair Care Market Revenues & Volume, By Hair Spray, 2019-2029F |
6.2.8. Cambodia Hair Care Market Revenues & Volume, By Others, 2019-2029F |
6.2.9. Cambodia Hair Care Market Revenues & Volume, By Others, 2019-2029F |
6.3. Cambodia Hair Care Market, By Distribution Channel |
6.3.1. Overview and Analysis |
6.3.2. Cambodia Hair Care Market Revenues & Volume, By Online Stores, 2019-2029F |
6.3.3 Cambodia Hair Care Market Revenues & Volume, By Hypermarkets, 2019-2029F |
6.3.4. Cambodia Hair Care Market Revenues & Volume, By Direct Selling, 2019-2029F |
7. Cambodia Hair Care Market Import-Export Trade Statistics |
7.1. Cambodia Hair Care Market Export to Major Countries |
7.2. Cambodia Hair Care Market Imports from Major Countries |
8. Cambodia Hair Care Market Key Performance Indicators |
9. Cambodia Hair Care Market - Opportunity Assessment |
9.1. Cambodia Hair Care Market Opportunity Assessment, By Type, 2022 & 2029F |
9.2. Cambodia Hair Care Market Opportunity Assessment, By Product Type, 2022 & 2029F |
9.3. Cambodia Hair Care Market Opportunity Assessment, By Distribution Channel, 2022 & 2029F |
10. Cambodia Hair Care Market - Competitive Landscape |
10.1. Cambodia Hair Care Market Revenue Share, By Companies, 2022 |
10.2. Cambodia Hair Care Market Competitive Benchmarking, By Operating and Technical Parameters |
11. Company Profiles |
12. Recommendations |
13. Disclaimer |