Germany Luxury Hair Care Market Size & Outlook, 2023-2030
Germany luxury hair care market, 2018-2030 (US$M)
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Germany luxury hair care market highlights
- The Germany luxury hair care market generated a revenue of USD 980.7 million in 2023 and is expected to reach USD 1,832.8 million by 2030.
- The Germany 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.
Luxury hair care market data book summary
| Market revenue in 2023 | USD 980.7 million |
| Market revenue in 2030 | USD 1,832.8 million |
| Growth rate | 9.3% (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, Germany accounted for 4.7% 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 Europe, UK luxury hair care market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 1,168.8 million by 2030.
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Luxury Hair Care Market Scope
Luxury Hair Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 27.96% in 2023. Horizon Databook has segmented the Germany 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.
They are opting for natural and organic alternatives free from chemicals such as parabens, silicone, aluminum, or sulfates, which will prompt manufacturers to cater to the rising demand for such products.
Moreover, the increasing number of product launches by European and international brands in the luxury hair care category for hair growth is likely to bode well for market growth.
This innovative initiative represents a fusion of hairdresser expertise with a digital experience, taking the personalization trend to a new level. Clients at salons now have the opportunity to receive tailored hair care recommendations precisely aligned with their unique hair type.
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Target buyers of Germany 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 Germany luxury hair care market , including forecasts for subscribers. This country databook contains high-level insights into Germany luxury hair care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany luxury hair care market size, by product, 2018-2030 (US$M)
Germany Luxury Hair Care Market Outlook Share, 2023 & 2030 (US$M)
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