Organic Hair Care Market Size, Share, Demand And Growth Analysis, Forecast 2017 To 2022 – by Credence Research
North America is the largest market for organic hair care
products. It is projected to grow at the modest rate during 2015 to 2022. The
market offer huge market potential due to strong awareness of organic
principles in the North America. The U.S is the largest market and is projected
to grow at a rate of 10.2% from 2015 to 2022. The presence of large
multinationals is making organic products more accessible to the consumers.
Moreover, the launch of new products is stimulating the market growth. Some of
the major players in the U.S. market are Bare Escentuals, The Hain Celestial
Group, L'Occitane etc and Revlon.
Browse Full Report at (Organic Hair
Care Market - Size, Share, Growth, Trends and Segment Forecasts to 2022): http://www.credenceresearch.com/report/organic-hair-care-market
The organic hair care market in
Europe is gaining momentum due to the consistently rising awareness about
benefits of organic products. Among the various European economies, the
organic hair care market was dominated by Germany, with a market share of
18.03% in 2014 followed by France and UK with 14.01% and 12.34% respectively.
Eastern Europe is projected to offers huge market potential. The European
market is witnessing growth on the back of launches of innovative and new
products to cater specific hair related problems for different age group. The
strong demand for hair related products has bought by due to increase in hair
related problems such as dry scalp, hair fall, aging of hair, itching, and
dandruff among others. Some of the major companies in the European Market are
Aubrey Organics, Oriflame, Colgate-Palmolive and Estée Lauder.
The Asia Pacific market is the most
attractive market because of the healthy growth rate and increasing consumer
preference towards western brands. Strong and increasing awareness of organic
products among the consumers and rising disposable income, offer a high growth
potential for the development of organic hair care products in economies such
as India, China, South Korea and Indonesia. Japan, China and Australia are the
largest market in APAC region and projected to witness double digit growth
rate. Indian is projected to witness highest growth and is estimated to grow at
a CAGR of 10.8% from 2015 to 2022. Some of the major players in this market are
Oriflame, The body shop, Revlon among others.
The RoW regions is witnessing growth
due to rise in per capita income, rise in purchasing power of the consumer,
affinity towards western brands, and availability of raw material in access.
Moreover, aging population seeking new ways to maintain a youthful appearance
is also fuelling the market growth. On the other hand adoption of trendy and
fashion lifestyle by the youth is another factor driving the market growth. In
RoW region, Brazil is the highest and fastest growing market. Brazil market is
projected to grow at a rate of 10.7% from 2015 to 2022. Economies such as
Turkey, Iran, Saudi Arabia and Egypt offer huge market potential. Some of the
major companies in this market are Colgate – Palmolive, Estée Lauder and Clorox
among others.
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