Europe Luxury Hair Care Market Size & Outlook, 2023-2030
Europe luxury hair care market, 2018-2030 (US$M)
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Europe luxury hair care market highlights
- The Europe luxury hair care market generated a revenue of USD 5,798.5 million in 2023.
- The market is expected to grow at a CAGR of 9.3% 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.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 5,798.5 million |
| Market revenue in 2030 | USD 10,781.2 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Shampoos |
| Fastest growing segment | Hair Coloring Products |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 27.7% of the global luxury hair care market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,300.2 million by 2030.
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Luxury Hair Care Market Scope
Luxury Hair Care Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 27.9% in 2023. Horizon Databook has segmented the Europe 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.
Increasing instances of scalp-related problems, such as hair fall and itchiness, have led consumers in the European region to opt for luxury hair care products. As consumer preferences shift towards herbal and organic products, manufacturers are focusing on offering products containing natural ingredients.
For instance, in May 2021, European hair care brand Vita Coco launched a range of hair care products such as shampoos, conditioners, and treatments. The company released the ‘Nourish, Repair and Scalp’ ranges, designed to help dry and damaged hair, containing 95% natural ingredients.
The rising awareness of premium hair care products through online platforms, magazines, and TV advertisements encourages consumers to purchase various premium hair care products, especially anti-dandruff and medical shampoos.
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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 continent-level data and insights on the Europe luxury hair care market , including forecasts for subscribers. This continent databook contains high-level insights into Europe luxury hair care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe luxury hair care market size, by country, 2018-2030 (US$M)
Europe Luxury Hair Care Market Outlook Share, 2023 & 2030 (US$M)
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