Russia Premium Hair Care Market Size & Outlook, 2020-2028
Russia premium hair care market, 2016-2028 (US$M)
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Russia premium hair care market highlights
- The Russia premium hair care market generated a revenue of USD 420.5 million in 2020 and is expected to reach USD 686.1 million by 2028.
- The Russia market is expected to grow at a CAGR of 6.3% 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 420.5 million |
| Market revenue in 2028 | USD 686.1 million |
| Growth rate | 6.3% (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, Russia accounted for 2.2% 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 Europe, Germany premium hair care market is projected to lead the regional market in terms of revenue in 2028.
- France is the fastest growing regional market in Europe and is projected to reach USD 1,200.6 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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Russia 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 Russia 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.
Increasing disposable income of high and middle-income Russians are creating great opportunities for personal care products such as premium hair care products in the country. Furthermore, an inclination among consumers to spend on looks and appearance is also driving the market for premium hair care products in Russia. However, an economic slowdown was observed during the Russia-Ukraine crisis, which led to the reduction in the purchase of premium hair care and styling products and salon visits.
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Target buyers of Russia premium hair care market databook
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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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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 Russia premium hair care market , including forecasts for subscribers. This country databook contains high-level insights into Russia premium hair care market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Russia premium hair care market size, by product, 2016-2028 (US$M)
Russia Premium Hair Care Market Outlook Share, 2020 & 2028 (US$M)
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