Market Overview:
India haircare market size is projected to exhibit a growth rate (CAGR) of 11.60% during 2024-2032. The evolving beauty standards across the country and the rising emphasis of individuals on personal grooming are primarily driving the market growth.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032 |
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
11.60% |
Haircare encompasses a range of methods and products employed to uphold the well-being, cleanliness, and aesthetic appeal of hair. It involves the application of various techniques, treatments, and routines aimed at fostering healthy hair growth and improving its natural allure by addressing specific issues like dryness, damage, or dandruff. Haircare activities span a variety of tasks, including cleansing, conditioning, styling, and safeguarding the hair. These practices play a crucial role in averting damage to the hair shaft, maintaining the visual appeal of hair strands, ensuring they remain soft and lustrous. Additionally, haircare aids in optimizing the lubrication of the hair shaft, mitigating the risk of breakage, and minimizing water absorption by the hair.
India Haircare Market Trends:
The haircare market in India has evolved into a robust and dynamic industry, reflecting the diverse needs and preferences of a large and growing consumer base. With a population known for its diverse hair types and textures, the Indian haircare market caters to a wide range of concerns, from nourishment and growth to styling and damage repair. One of the key drivers of the haircare market in India is the increasing awareness and emphasis on personal grooming and beauty. With rising disposable incomes and a growing middle class, consumers are actively seeking and adopting various haircare products and routines to address specific needs. Additionally, traditional and herbal ingredients hold significant appeal in the Indian haircare market, reflecting a cultural preference for natural solutions. Apart from this, brands often incorporate ingredients, such as amla, henna, coconut oil, and other botanical extracts to align with consumer preferences for holistic and traditional approaches to haircare. Moreover, the market is also witnessing a trend toward premium and specialized products, including those targeting specific hair concerns like frizz control, color protection, and heat damage prevention. Furthermore, the influence of social media, beauty influencers, and celebrity endorsements has played a pivotal role in shaping consumer choices and promoting new products. As the Indian consumer becomes more discerning and experimental with haircare, the market continues to witness innovation and the launch of new formulations. With a combination of traditional wisdom and modern solutions, the India haircare market is poised for sustained growth over the forecasted period.
India Haircare Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product type and distribution channel.
Product Type Insights:
- Shampoo
- Hair Color
- Conditioner
- Hair Styling Products
- Others
The report has provided a detailed breakup and analysis of the market based on the product type. This includes shampoo, hair color, conditioner, hair styling products, and others.
Distribution Channel Insights:
- Supermarkets and Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Retailers
- Others
A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes supermarkets and hypermarkets, specialty stores, convenience stores, online retailers, and others.
Regional Insights:
- North India
- West and Central India
- South India
- East and Northeast India
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
India Haircare Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
- Product Type
- Distribution Channel
- Region
|
Product Types Covered |
Shampoo, Hair Color, Conditioner, Hair Styling Products, Others |
Distribution Channels Covered |
Supermarkets and Hypermarkets, Specialty Stores, Convenience Stores, Online Retailers, Other |
Regions Covered |
North India, West and Central India, South India, East and Northeast India |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the India haircare market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India haircare market?
- What is the breakup of the India haircare market on the basis of product type?
- What is the breakup of the India haircare market on the basis of distribution channel?
- What are the various stages in the value chain of the India haircare market?
- What are the key driving factors and challenges in the India haircare?
- What is the structure of the India haircare market and who are the key players?
- What is the degree of competition in the India haircare market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India haircare market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the India haircare market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India haircare industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.