Press Release

Asia Pacific Hair Care Market to Grow with a CAGR of 5.85% through 2030

The Asia Pacific hair care market is driven by rising disposable incomes, urbanization, increasing awareness of personal grooming, and demand for natural and organic products, especially among young, fashion-conscious consumers

 

According to TechSci Research report, “Asia Pacific Hair Care Market – By Country, Competition, Forecast & Opportunities, 2030F”, the Asia Pacific Hair Care Market was valued at USD 34.20 billion in 2024 and is expected to reach USD 47.93 billion by 2030 with a CAGR of 5.85% during the forecast period. The Asia Pacific hair care market is a dynamic and rapidly growing sector, driven by changing consumer preferences, technological advancements, and growing awareness about personal grooming. With its vast population and diverse cultural backgrounds, the region presents a unique landscape for hair care products, offering tremendous opportunities for global and local brands alike. As urbanization continues to rise, more consumers, particularly in emerging markets like India, China, and Southeast Asia, are becoming increasingly conscious of the importance of maintaining healthy hair, contributing to the expanding demand for hair care products across the region.

One of the key factors driving the growth of the Asia Pacific hair care market is the region's shifting demographics, particularly the rising disposable income levels of middle-class consumers in countries like China, India, and Indonesia. As these nations experience rapid economic development, consumers have become more willing to spend on premium, high-quality products that offer specific benefits such as hair growth, frizz control, and damage repair. The demand for more sophisticated and scientifically advanced hair care solutions has opened up a wealth of opportunities for brands offering specialized treatments, shampoos, conditioners, oils, and styling products.

Additionally, increasing awareness about hair health and scalp conditions is contributing to the rise in demand for products designed to address specific concerns. The growing popularity of products that target dandruff, hair loss, and oily or dry scalp conditions is especially noticeable. As the region's consumers become more educated about hair care and its impact on overall well-being, the market is witnessing an uptick in the demand for medicated and dermatologically tested products. With rising environmental concerns and a heightened focus on sustainability, many consumers in the Asia Pacific region are also gravitating towards hair care products with natural, organic, and cruelty-free ingredients.

Despite the tremendous growth, the Asia Pacific hair care market faces some challenges. Intense competition among local and international players, fluctuating raw material costs, and regulatory hurdles in different countries are a few of the obstacles that companies must navigate. Moreover, consumer preferences for natural and organic products continue to push brands to innovate and find sustainable, environmentally friendly solutions. In addition, while demand for premium and customized products is on the rise, price sensitivity in emerging markets still remains a barrier for some consumers.

 

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The Noth America Hair Care market is segmented into product type, sales channel and country.

Based on the sales channel, ​The online segment is the fastest-growing distribution channel in the Asia Pacific hair care market. This growth is primarily driven by the increasing convenience of online shopping and consumers' preference for avoiding crowded stores. Online retail channels offer an infinite range of options compared to physical stores, which face space constraints. The rise of e-commerce platforms and the growing influence of social media and beauty influences have further fueled this trend, making online shopping a preferred choice for many consumers in the region.

Based on country, ​India is the fastest-growing segment in the Asia Pacific hair care market, driven by a combination of factors including a large and youthful population, rising disposable incomes, and increasing awareness of personal grooming. The demand for hair care products is further fueled by the growing influence of Western beauty trends, the popularity of salon services, and the availability of a wide range of products catering to diverse consumer needs. Additionally, the expansion of e-commerce platforms and the increasing penetration of internet access have made hair care products more accessible to consumers across the country.

 

Major companies operating in the Asia Pacific Hair Care Market are:

  • Henkel AG & Co. KGaA
  • L'Oreal SA
  • Hoyu Co. Ltd
  • Unilever PLC
  • Mandom Corporation
  • Marico Limited
  • The Procter & Gamble Company
  • Dabur India Ltd
  • Bajaj Consumer Care Ltd
  • Kao Corporation

 

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“​The market is also witnessing a noticeable shift toward specialized and personalized hair care solutions. Consumers are increasingly seeking products that cater to their specific hair types, concerns, and environmental conditions. Personalized hair care is gaining traction in the region, with brands leveraging technology, such as artificial intelligence (AI) and machine learning, to develop customized solutions based on individual preferences and hair assessments. Subscription-based models that offer tailored products have become popular in several Asia Pacific countries, offering convenience and specialized care to consumers“, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Asia Pacific Hair Care Market, By Product Type (Shampoo, Conditioner, Hair Colorants, Hair Styling Products, Others), By Sales Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online, Others), By Country, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of Asia Pacific Hair Care Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Asia Pacific Hair Care Market.

 

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