Sri Lanka Hair Care Market (2025-2031) | Share, Revenue, Trends, Growth, Companies, Forecast, Industry, Value, Analysis, Size & Outlook

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: ETC003578 Publication Date: Aug 2020 Updated Date: Dec 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Sri Lanka Hair Care Market Competition 2023

Sri Lanka Hair Care market currently, in 2023, has witnessed an HHI of 3046, Which has decreased slightly as compared to the HHI of 3522 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.

Sri Lanka Hair Care Market Competition 2023

Sri Lanka Export Potential Assessment For Hair Care Market (Values in USD Thousand)


topic

Sri Lanka Hair Care Market Highlights

Report Name Sri Lanka Hair Care Marketย 
Forecast period 2025-2031
CAGR 4.5%
Growing Sector Beauty Salon

Topics Covered in the Sri Lanka Hair Care Market Report

The Sri Lanka 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 the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Sri Lanka Hair Care Market Synopsis

The Sri Lanka Hair Care Market has anticipated growth over the past years. It is expected that the market will grow steadily in the coming years. Factors such as the growing working population, changing lifestyles, availability of products, government initiatives, and increasing awareness about the importance of hair are contributing to the growth of the market.

According to 6Wresearch, the Sri Lanka Hair Care Market size is expected to grow at a significant CAGR of 4.5% during 2025-2031. One of the major drivers is the growing population of working women who are becoming more conscious about their appearance and are willing to spend on quality hair care products. Additionally, the rise of social media and the influence of celebrities have also played a significant role in boosting sales in the hair care market. Moreover, the availability of a wide range of affordable hair care products is another factor contributing to the growth of this market. The emergence of local brands offering natural and organic products has attracted consumers looking for healthier alternatives to traditional chemical-based products.

One major challenge is the presence of counterfeit or fake products in the market. Another challenge is the lack of regulation and standards in the hair care industry. Furthermore, the high cost of production and distribution in Sri Lanka makes it challenging for local brands to compete with international players who have established networks and economies of scale

Sri Lanka Hair Care Industry: Leading Players

The Sri Lankan hair care market is highly competitive with both international and local brands vying for a larger share. Some of the key players operating in the market include Unilever Sri Lanka, Procter & Gamble Sri Lanka, Hemas Holdings PLC, Ceylon Biscuits Limited (CBL), and Lever Brothers Lanka Ltd. These companies offer a wide range of products catering to different hair types and concerns, such as anti-dandruff shampoos, hair oils, conditioners, and styling products. They also invest heavily in marketing and advertising their products to capture consumer attention and loyalty.

Sri Lanka Hair Care Market: Government Regulations

One initiative is the establishment of the National Institute of Traditional Medicine (NITM), which focuses on promoting traditional Ayurvedic medicine, including hair care products. Moreover, the government has also provided various tax incentives and subsidies to encourage investment in the hair care sector. The Ministry of Industry and Commerce, along with the Sri Lanka Export Development Board, has launched multiple programs to support small and medium enterprises in the hair care industry. Furthermore, the government has taken steps to address issues related to counterfeit products by enforcing strict laws and penalties against those involved in their production and distribution.

Future Insights of the Market

The Sri Lanka Hair Care Market is expected to grow at a rapid pace in the coming years due to factors such as increasing disposable income, changing consumer preferences towards natural and organic products, and the launch of innovative hair care solutions. With a growing trend towards self-grooming and personal care, there is a rising demand for professional hair care services in the country. Furthermore, the rise of e-commerce platforms has made it easier for consumers to access a variety of hair care products from both local and international brands. This will further boost the market growth as it provides more options and convenience for consumers to purchase their desired products.

Market Segmentation by Type

According to Ravi Bhandari, Research Head, 6Wresearch, the services segment is witnessing rapid growth in Sri Lanka. This can be attributed to the increasing popularity of salon services among consumers, rising disposable incomes and changing lifestyles.

Market Segmentation by Product Type

In terms of product type, the shampoo segment dominates the market due to growing awareness among consumers about the importance of maintaining a healthy and clean scalp and hair.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Data Starting from 2021 to 2024.
  • Base Year: 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Sri Lanka Hair Care Market Overview
  • Sri Lanka Hair Care Market Outlook
  • Market Size of Sri Lanka Hair Care Market
  • Forecast of Sri Lanka Hair Care Market, 2031
  • Historical Data and Forecast of Sri Lanka Hair Care Revenues & Volume for the Period 2021-2031
  • Sri Lanka Hair Care Market Trend Evolution
  • Sri Lanka Hair Care Market Drivers and Challenges
  • Sri Lanka Hair Care Price Trends
  • Sri Lanka Hair Care Porter's Five Forces
  • Sri Lanka Hair Care Industry Life Cycle
  • Historical Data and Forecast of Sri Lanka Hair Care Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Sri Lanka Hair Care Market Revenues & Volume By Product for the Period 2021-2031
  • Historical Data and Forecast of Sri Lanka Hair Care Market Revenues & Volume By Services for the Period 2021-2031
  • Historical Data and Forecast of Sri Lanka Hair Care Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Sri Lanka Hair Care Market Revenues & Volume By Shampoo for the Period 2021-2031
  • Historical Data and Forecast of Sri Lanka Hair Care Market Revenues & Volume By Hair Colour for the Period 2021-2031
  • Historical Data and Forecast of Sri Lanka Hair Care Market Revenues & Volume By Conditioner for the Period 2021-2031
  • Historical Data and Forecast of Sri Lanka Hair Care Market Revenues & Volume By Hair Styling Product for the Period 2021-2031
  • Historical Data and Forecast of Sri Lanka Hair Care Market Revenues & Volume By Hair Oil for the Period 2021-2031
  • Historical Data and Forecast of Sri Lanka Hair Care Market Revenues & Volume By Hair Spray for the Period 2021-2031
  • Historical Data and Forecast of Sri Lanka Hair Care Market Revenues & Volume By Hair Gel for the Period 2021-2031
  • Historical Data and Forecast of Sri Lanka Hair Care Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Sri Lanka Hair Care Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of Sri Lanka Hair Care Market Revenues & Volume By Online Stores for the Period 2021-2031
  • Historical Data and Forecast of Sri Lanka Hair Care Market Revenues & Volume By Hypermarkets for the Period 2021-2031
  • Historical Data and Forecast of Sri Lanka Hair Care Market Revenues & Volume By Direct Selling for the Period 2021-2031
  • Sri Lanka Hair Care Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Distribution Channel
  • Sri Lanka Hair Care Top Companies Market Share
  • Sri Lanka Hair Care Competitive Benchmarking By Technical and Operational Parameters
  • Sri Lanka Hair Care Company Profiles
  • Sri Lanka Hair Care Key Strategic Recommendations

Markets Covered

The report provides a detailed analysis of the following market segments:

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
Sri Lanka Hair Care Market (2025-2031): FAQs
The service type is likely to witness huge market growth.
Some of the leading players in the industry include Unilever Sri Lanka, Procter & Gamble, L'Orรฉal, Henkel AG & Co. KGaA, and Reckitt Benckiser Group plc.
The shampoo product type holds the highest market share.
The key challenges faced by the market are competition, high cost, and presence of fake products.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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. Sri Lanka Hair Care Market Overview
3.1. Sri Lanka Country Macro Economic Indicators
3.2. Sri Lanka Hair Care Market Revenues & Volume, 2021 & 2031F
3.3. Sri Lanka Hair Care Market - Industry Life Cycle
3.4. Sri Lanka Hair Care Market - Porter's Five Forces
3.5. Sri Lanka Hair Care Market Revenues & Volume Share, By Type, 2021 & 2031F
3.6. Sri Lanka Hair Care Market Revenues & Volume Share, By Product Type, 2021 & 2031F
3.7. Sri Lanka Hair Care Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F
4. Sri Lanka Hair Care Market Dynamics
4.1. Impact Analysis
4.2. Market Drivers
4.3. Market Restraints
5. Sri Lanka Hair Care Market Trends
6. Sri Lanka Hair Care Market, By Types
6.1. Sri Lanka Hair Care Market, By Type
6.1.1 Overview and Analysis
6.1.2. Sri Lanka Hair Care Market Revenues & Volume, By Type, 2021-2031F
6.1.3. Sri Lanka Hair Care Market Revenues & Volume, By Product, 2021-2031F
6.1.4. Sri Lanka Hair Care Market Revenues & Volume, By Services, 2021-2031F
6.2. Sri Lanka Hair Care Market, By Product Type
6.2.1. Overview and Analysis
6.2.2. Sri Lanka Hair Care Market Revenues & Volume, By Shampoo, 2021-2031F
6.2.3. Sri Lanka Hair Care Market Revenues & Volume, By Hair Colour, 2021-2031F
6.2.4. Sri Lanka Hair Care Market Revenues & Volume, By Conditioner, 2021-2031F
6.2.5. Sri Lanka Hair Care Market Revenues & Volume, By Hair Styling Product, 2021-2031F
6.2.6. Sri Lanka Hair Care Market Revenues & Volume, By Hair Oil, 2021-2031F
6.2.7. Sri Lanka Hair Care Market Revenues & Volume, By Hair Spray, 2021-2031F
6.2.8. Sri Lanka Hair Care Market Revenues & Volume, By Others, 2021-2031F
6.2.9. Sri Lanka Hair Care Market Revenues & Volume, By Others, 2021-2031F
6.3. Sri Lanka Hair Care Market, By Distribution Channel
6.3.1. Overview and Analysis
6.3.2. Sri Lanka Hair Care Market Revenues & Volume, By Online Stores, 2021-2031F
6.3.3 Sri Lanka Hair Care Market Revenues & Volume, By Hypermarkets, 2021-2031F
6.3.4. Sri Lanka Hair Care Market Revenues & Volume, By Direct Selling, 2021-2031F
7. Sri Lanka Hair Care Market Import-Export Trade Statistics
7.1. Sri Lanka Hair Care Market Export to Major Countries
7.2. Sri Lanka Hair Care Market Imports from Major Countries
8. Sri Lanka Hair Care Market Key Performance Indicators
9. Sri Lanka Hair Care Market - Opportunity Assessment
9.1. Sri Lanka Hair Care Market Opportunity Assessment, By Type, 2021 & 2031F
9.2. Sri Lanka Hair Care Market Opportunity Assessment, By Product Type, 2021 & 2031F
9.3. Sri Lanka Hair Care Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F
10. Sri Lanka Hair Care Market - Competitive Landscape
10.1. Sri Lanka Hair Care Market Revenue Share, By Companies, 2024
10.2. Sri Lanka Hair Care Market Competitive Benchmarking, By Operating and Technical Parameters
11. Company Profiles
12. Recommendations
13. Disclaimer
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