India Luxury Hair Care Market Size & Outlook, 2023-2030
India luxury hair care market, 2018-2030 (US$M)
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India luxury hair care market highlights
- The India luxury hair care market generated a revenue of USD 768.4 million in 2023 and is expected to reach USD 1,657.4 million by 2030.
- The India 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 768.4 million |
| Market revenue in 2030 | USD 1,657.4 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, India accounted for 3.7% 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 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 |
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India 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 India 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.
The rise in the lifestyle changes among the middle-class population, increased spending on hygiene and health products, and an increase in disposable income are some of the factors driving the growth of the luxury hair care market in the country.
In India, there is a notable rise in preference for natural and ayurvedic hair care products driven by an increased emphasis on holistic well-being and concerns about potential side effects, especially if not suitable for specific hair types.
The awareness of potential drawbacks associated with chemical-based products further fuels the shift toward natural alternatives for improving overall air health, aligning with cultural norms.
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Target buyers of India 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 India luxury hair care market , including forecasts for subscribers. This country databook contains high-level insights into India luxury hair care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India luxury hair care market size, by product, 2018-2030 (US$M)
India Luxury Hair Care Market Outlook Share, 2023 & 2030 (US$M)
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