India Premium Hair Care Market Size & Outlook, 2020-2028
India premium hair care market, 2016-2028 (US$M)
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India premium hair care market highlights
- The India premium hair care market generated a revenue of USD 1,379.4 million in 2020 and is expected to reach USD 2,588.3 million by 2028.
- The India market is expected to grow at a CAGR of 8.2% from 2021 to 2028.
- In terms of segment, shampoo was the largest revenue generating product in 2020.
- Dry Shampoo is the most lucrative product segment registering the fastest growth during the forecast period.
Premium hair care market data book summary
| Market revenue in 2020 | USD 1,379.4 million |
| Market revenue in 2028 | USD 2,588.3 million |
| Growth rate | 8.2% (CAGR from 2020 to 2028) |
| Largest segment | Shampoo |
| Fastest growing segment | Dry Shampoo |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Shampoo, Dry Shampoo, Hair Color, Conditioner, Hair Styling Products, Hair Oil |
| Key market players worldwide | Procter & Gamble Co, L'Oreal SA, The Estee Lauder Companies Inc Class A, Johnson & Johnson, Unilever PLC, Beiersdorf AG, Kao Corp, Coty Inc Class A, Aveda, Alcora Corporation, John Masters Organics, OUAI, Living Proof |
Other key industry trends
- In terms of revenue, India accounted for 7.4% of the global premium hair care market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China premium hair care market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,588.3 million by 2028.
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Premium Hair Care Market Scope
Premium Hair Care Market Companies
| Name | Profile | # Employees | HQ | Website |
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India premium 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 premium hair care market will help companies and investors design strategic landscapes.
Shampoo was the largest segment with a revenue share of 29.01% in 2020. Horizon Databook has segmented the India premium hair care market based on shampoo, dry shampoo, hair color, conditioner, hair styling products, hair oil covering the revenue growth of each sub-segment from 2016 to 2028.
The premium hair care market in India continues to experience a high growth rate, with markets beyond the major metros doing exceedingly well in recent years. The rising consumer disposable income supplementing purchasing decisions and a growing percentage of middle-income population spending on luxury personal care products are factors driving the growth of this market.
Significant investments are being witnessed in the Indian hair care industry, such as luxury brands investing in boutique stores, luxury malls, or hotels or by forming joint ventures with local distributors. Growing awareness among consumers about the availability of a variety of hair care products and beneficial hair care routines is presenting new opportunities for market players.
Indian consumers are increasingly concerned about depleting hair quality owing to pollution, hair loss, and harmful UV rays. Therefore, the demand for products that resolve such issues has been increasing.
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Our clientele includes a mix of premium hair care market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the India premium hair care market , including forecasts for subscribers. This country databook contains high-level insights into India premium hair care market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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India premium hair care market size, by product, 2016-2028 (US$M)
India Premium Hair Care Market Outlook Share, 2020 & 2028 (US$M)
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