Brazil Luxury Hair Care Market Size & Outlook, 2023-2030
Brazil luxury hair care market, 2018-2030 (US$M)
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Brazil luxury hair care market highlights
- The Brazil luxury hair care market generated a revenue of USD 484.9 million in 2023 and is expected to reach USD 1,046.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 11.6% from 2024 to 2030.
- In terms of segment, shampoos was the largest revenue generating product in 2023.
- Hair Coloring Products is the most lucrative product segment registering the fastest growth during the forecast period.
Luxury hair care market data book summary
| Market revenue in 2023 | USD 484.9 million |
| Market revenue in 2030 | USD 1,046.9 million |
| Growth rate | 11.6% (CAGR from 2023 to 2030) |
| Largest segment | Shampoos |
| Fastest growing segment | Hair Coloring Products |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Shampoos, Conditioners, Hair Coloring Products, Hair Styling Products, Hair Oil |
| Key market players worldwide | L'Oreal SA, The Estee Lauder Companies Inc Class A, Kaneka Corp, Kao Corp, KOSE Corp, Seven Haircare, Alcora Corporation, Jose Eber Hair, Philip Kingsley, Kevin Murphy |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.3% of the global luxury hair care market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil luxury hair care market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,046.9 million by 2030.
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Luxury Hair Care Market Scope
Luxury Hair Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil luxury hair care market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to luxury hair care market will help companies and investors design strategic landscapes.
Shampoos was the largest segment with a revenue share of 32.54% in 2023. Horizon Databook has segmented the Brazil luxury hair care market based on shampoos, conditioners, hair coloring products, hair styling products, hair oil covering the revenue growth of each sub-segment from 2018 to 2030.
This has led to prudent spending habits, where individuals are opting for one-time investments instead of annual expenses on hair treatments, thereby contributing to the growth of the luxury hair care market in the country.
The beauty and personal care competition intensified in 2022. Natura&Co, encompassing Natura Cosméticos SA, Avon Cosméticos Ltda, The Body Shop Brasil Ind Com Cosméticos Ltda, and Aesop Brasil Com Cosméticos Ltda, maintained local leadership among global brand owners. Notably, growth was prominent in hair color cosmetics and fragrances.
In the Brazilian luxury hair care market, brands strategically highlight the significance of tailored hair care needs for women with wavy hair, acknowledging the pervasive influence of straight hair culture.
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Our clientele includes a mix of luxury hair care market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil luxury hair care market , including forecasts for subscribers. This country databook contains high-level insights into Brazil luxury hair care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil luxury hair care market size, by product, 2018-2030 (US$M)
Brazil Luxury Hair Care Market Outlook Share, 2023 & 2030 (US$M)
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