U.S. Luxury Hair Care Market Size & Outlook, 2023-2030
U.S. luxury hair care market, 2018-2030 (US$M)
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U.S. luxury hair care market highlights
- The U.S. luxury hair care market generated a revenue of USD 4,952.8 million in 2023 and is expected to reach USD 8,599.5 million by 2030.
- The U.S. market is expected to grow at a CAGR of 8.2% 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 4,952.8 million |
| Market revenue in 2030 | USD 8,599.5 million |
| Growth rate | 8.2% (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, U.S. accounted for 23.7% 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 North America, U.S. luxury hair care market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 2,355.4 million by 2030.
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Luxury Hair Care Market Scope
Luxury Hair Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 30.73% in 2023. Horizon Databook has segmented the U.S. 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 spending capacity, along with the availability of a wide range of premium hair care products, is expected to drive the U.S. luxury hair care market in the coming years. When it comes to hair care products, U.S.
consumers demand products that are natural, chemical-free, and good for them and the environment. Taking into consideration this growing trend, numerous salons and stylists in the country have been launching their own products using natural ingredients.
The growing spending capacity of consumers, along with an increased focus on complex hair care routines, is expected to fuel the luxury hair care market in the U.S. in the coming years.
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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 country-level data and insights on the U.S. luxury hair care market , including forecasts for subscribers. This country databook contains high-level insights into U.S. luxury hair care market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. luxury hair care market size, by product, 2018-2030 (US$M)
U.S. Luxury Hair Care Market Outlook Share, 2023 & 2030 (US$M)
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