North America Luxury Hair Care Market Size & Outlook
North America luxury hair care market, 2018-2030 (US$M)
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North America luxury hair care market highlights
- The North America luxury hair care market generated a revenue of USD 6,964.0 million in 2023.
- The market is expected to grow at a CAGR of 8.7% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 6,964.0 million |
| Market revenue in 2030 | USD 12,515.6 million |
| Growth rate | 8.7% (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, North America region accounted for 33.3% 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 |
|---|
North America 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 30.63% in 2023. Horizon Databook has segmented the North America 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.
Rising consumer interest in high-end haircare products and increasing spending on hair styling products are some of the key factors fueling product demand in the region. North America is one of the vital markets for luxury hair care, driven primarily by the U.S.
Most countries in North America have shown strong economic growth over the years and as a result, consumers in these countries have a higher spending power, which enables them to opt for high-end hair care and other beauty products.
Hair loss is a common issue faced by most Americans. According to a 2020 report by the American Academy of Dermatology, 30 million women and 50 million men in the U.S. suffered from hereditary hair thinning or baldness.
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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 North America luxury hair care market , including forecasts for subscribers. This continent databook contains high-level insights into North America luxury hair care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America luxury hair care market size, by country, 2018-2030 (US$M)
North America Luxury Hair Care Market Outlook Share, 2023 & 2030 (US$M)
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