The Natural Hair Care Products Global Market Report 2023 by The Business Research Company, provides natural hair care products market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Natural Hair Care Products Global Market Report 2023, the global natural hair care products market size grew from $9.99 billion in 2022 to $10.79 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the natural hair care products market is expected to grow to $13.62 billion in 2027 at a CAGR of 6.0%.
The rising popularity of e-commerce channels is expected to propel the growth of the natural hair care products market going forward. E-commerce refers to the buying of goods using the internet and the transfer of money and data to execute these transactions. The e-commerce market helps the natural hair care products market with easy transactions, selling items and services directly to clients and delivering products to their homes.
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The natural hair care products market is segmented:
1) By Product Type: Shampoos, Conditioners, Oils And Serum, Gel And Wax, Hair Color, Other Product Types
2) By Gender: Men, Women, Other Gender
3) By Price Category: High or Premium, Medium, Low
4) By Distribution Channel: Offline, Online
Strategic partnerships have emerged as the key trend gaining popularity in the natural hair care products market. Many companies operating in the natural hair care products sector are undergoing partnerships to strengthen their position in the market. For instance, in January 2022, L’Oreal, a French-based hair care product manufacturing company, partnered with a US-based life sciences research company, Verily Life Sciences Company. This partnership aims to establish a long-term biological, clinical, and environmental picture of skin health. Furthermore, in October 2021, L’Oreal, a French-based hair care product manufacturing company, partnered with Symatese, a French-based medical technology company. This partnership aims to improve their biomaterial’s strategic research cooperation.
The natural hair care products market report table of contents includes:
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
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18. Competitive Landscape And Company Profiles
19. Key Mergers and Acquisitions
20. Opportunities And Strategies
21. Natural Hair Care Products Market, Conclusions And Recommendations
22. Appendix
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