The global Scalp Care market is estimated to be valued at US$ 12,204.6 Mn in 2021 and is expected to exhibit a CAGR of 4.02% over the forecast period of 2022-2028, as highlighted in a new report published by Coherent Market Insights.
A) Market Overview:
Scalp care products refer to a range of products designed to maintain and improve the health of the scalp. These products include shampoos, conditioners, serums, oils, and treatments specifically formulated to address scalp issues such as dandruff, dryness, itchiness, and sensitivity. The increasing prevalence of scalp-related problems, growing awareness regarding scalp health, and rising consumer preference for natural and organic products are driving the demand for scalp care products.
B) Market Key Trends:
One key trend observed in the global scalp care market is the rising demand for natural and organic products. Consumers are becoming increasingly conscious of the ingredients used in their personal care products and are opting for natural and organic alternatives. This trend is particularly prominent in the scalp care market, as consumers are seeking gentle and chemical-free products for their sensitive scalp. For instance, companies like Bioderma Laboratories, Lotus Herbals Pvt. Ltd., and Natura & Co. are offering scalp care products that are free from sulfates, parabens, and other harsh chemicals.
C) PEST Analysis:
- Political: Governments are implementing regulations and standards to ensure the safety and quality of personal care products, including scalp care products. This includes strict labeling requirements and restrictions on certain ingredients.
- Economic: The growing disposable income of people in emerging economies has led to increased spending on personal care products, driving the growth of the scalp care market.
- Social: There is a growing emphasis on self-care and wellness, leading consumers to invest in products that promote scalp health and overall well-being.
- Technological: Advancements in technology have led to the development of innovative scalp care products, such as scalp massagers, devices for scalp analysis, and personalized hair and scalp treatments.
D) Key Takeaways:
- The global Scalp Care Market is expected to witness high growth, exhibiting a CAGR of 4.02% over the forecast period, due to increasing consumer awareness regarding scalp health and rising demand for natural and organic products.
- Asia Pacific is expected to be the fastest-growing and dominating region in the scalp care market, driven by the presence of a large consumer base, increasing disposable income, and growing urbanization.
- Key players operating in the global scalp care market include Bioderma Laboratories, Lotus Herbals Pvt. Ltd., Natura & Co., Kao Corporation, Johnson & Johnson Inc., Beiersdorf AG, Procter & Gamble Co., Unilever PLC, Moroccan Oil, L'Oreal SA, Himalaya Wellness Company, and The Estee Lauder Companies Inc. These companies are focusing on product innovation, marketing strategies, and expanding their product portfolios to gain a competitive edge in the market.
In conclusion, the global scalp care market is witnessing high growth due to the increasing demand for natural and organic products. With rising awareness about scalp health and the availability of advanced scalp care solutions, consumers are investing in products that offer effective and gentle care for their scalp. The market is expected to see significant growth in the coming years, with Asia Pacific emerging as a key region for market expansion.
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