MarketResearchReports.Biz
announces addition of new report “ Hair Care Market in the US
2016-2020 ” to its database.
MarketResearchReports.biz
has added a new research report to its repository. The report, titled
“Hair
Care Market in the U.S.
2016-2020,” offers a comprehensive study on the U.S. hair care
market and points out the various factors affecting the growth of the
market. According to the report, the U.S. hair care market is
projected to expand at a CAGR of 1.55% during the period between 2016
and 2020. To calculate the market size, the report takes into account
the revenue generated from the sales of hair care products across
retail stores and salons in the U.S. The report studies the market on
the basis of product types. Profiles of some of the key players in
the U.S. hair care market have been included in the report.
The
report states that the rising consumption of hair care products among
the youth has propelled the growth of the U.S. hair care market. Rise
in fashion consciousness and increasing male grooming have further
boosted the market’s growth. Factors such as early adoption of hair
dyes and the increased usage of hair colors will drive the overall
market during the forecast period. However, the U.S. hair care market
has been flooded with counterfeit products with lower price tags.
This is expected to seriously undermine the growth of the market in
the coming years. The use of natural ingredients has been the latest
trend in the hair care market in the U.S. Consumers increasingly
prefer natural and herbal hair coloring agents over the synthetic
hair coloring products. This trend would define the future outlook of
the market.
Download Sample copy of this
Report at http://www.marketresearchreports.biz/sample/sample/565588
On
the basis of product type, the report segments the U.S. hair care
market into hair color, shampoo, hair styling products, conditioner,
and others including hair spray, serums, hair accessories, and hair
growth products. In terms of revenue, the shampoo segment is the
largest segment accounting for a share of 34% in the market. The
segment is expected to continue dominating the overall market through
the report’s forecast period. The rapid growth of the segment can
be attributed to the increased adoption of shampoo as a hair care
item in the U.S. In the hair color segment, the demand for natural
and herbal hair color is rising as they are ammonia-free and less
harmful compared to the synthetic coloring products. The growing
preference for natural and herbal hair coloring agents has encouraged
manufacturers to include plant-extracted colors in their hair color
products.
Some
of the key vendors in the U.S. hair care market are Kao Corporation,
Henkel, Procter & Gamble, Unilever, and L’Oreal. Other key
market players are Combe, Avon Products, Cadiveu Professional U.S.A.,
Conair Corporation, Johnson & Johnson, Este Lauder Companies, and
Revlon. The key players are focusing on formulating hair care
products with natural ingredients.
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