Canada Luxury Hair Care Market Size & Outlook, 2023-2030
Canada luxury hair care market, 2018-2030 (US$M)
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Canada luxury hair care market highlights
- The Canada luxury hair care market generated a revenue of USD 1,248.7 million in 2023 and is expected to reach USD 2,355.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 9.5% 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 1,248.7 million |
| Market revenue in 2030 | USD 2,355.4 million |
| Growth rate | 9.5% (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, Canada accounted for 6.0% 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 North America, U.S. luxury hair care market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 2,355.4 million by 2030.
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Luxury Hair Care Market Scope
Luxury Hair Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 30.55% in 2023. Horizon Databook has segmented the Canada 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.
Canada is home to a mix of regional and international hair care brands, which occupy a significant share of the market. Kevin Murphy, Moroccanoil, Nioxin, Eleven Australia, Ethica Beauty, and Kérastase are some of the top brands favored by consumers in the country.
The increasing number of haircare brands in the country is likely to bode well for market growth. Many international brands are entering the men’s hair care space and are launching new products to capture a majority of the market.
For instance, in May 2021, men's luxury clothing brand Harry Rosen launched a curated offering of grooming essentials for hair, face, and body. Its haircare range includes pomades, conditioners, hair wax, styling gels and creams, shampoos, and hair clay.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Canada luxury hair care market , including forecasts for subscribers. This country databook contains high-level insights into Canada luxury hair care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada luxury hair care market size, by product, 2018-2030 (US$M)
Canada Luxury Hair Care Market Outlook Share, 2023 & 2030 (US$M)
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