China Luxury Hair Care Market Size & Outlook, 2023-2030
China luxury hair care market, 2018-2030 (US$M)
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China luxury hair care market highlights
- The China luxury hair care market generated a revenue of USD 1,011.0 million in 2023 and is expected to reach USD 2,049.8 million by 2030.
- The China market is expected to grow at a CAGR of 10.6% 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 1,011.0 million |
| Market revenue in 2030 | USD 2,049.8 million |
| Growth rate | 10.6% (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, China accounted for 4.8% 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 Asia Pacific, China luxury hair care market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,037.1 million by 2030.
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Luxury Hair Care Market Scope
Luxury Hair Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 34.24% in 2023. Horizon Databook has segmented the China 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.
A noteworthy trend in China's luxury hair care market is the prominence of no-rinse products. Initially gaining traction with dry shampoos, this trend has expanded across categories.
Brands like Rejoice have introduced rinse-free conditioners, reflecting the evolving consumer preference for convenient, time-saving hair care solutions.
This innovation contributes to the dynamism of the luxury hair care market in China, where brands actively explore and capitalize on the potential of the no-rinse format to meet consumer demands and expectations.
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Target buyers of China luxury hair care market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China luxury hair care market , including forecasts for subscribers. This country databook contains high-level insights into China luxury hair care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China luxury hair care market size, by product, 2018-2030 (US$M)
China Luxury Hair Care Market Outlook Share, 2023 & 2030 (US$M)
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