05 - 06 June 2024 in Munich CosmeticBusiness



07/09/2023 CosmeticBusiness

Good Times for Hair Care

Asia-Pacific in Particular Will See Rapid Growth

According to the latest market research report by Technavio, the global hair care market size is expected to grow by around 19,678 million US-dollars during 2022-2027. This corresponds to a CAGR of 4.18 per cent. The analysts see the APAC region is going to have lucrative growth during the forecast period. About 34 per cent of the market's overall growth is expected to originate from there. Market growth in this region reportedly will be faster than the growth of the market in the European and North American regions. Especially the rising disposable income and household final consumption expenditure per capita among consumers will facilitate the hair care market growth in APAC over the forecast period, according to the report. Further information …

Adobe Stock, Piotr Marcinski
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