The Chile hair care market size is anticipated to expand at a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing demand for wide variety of hair care products and rising fashion trends among consumers such as hair coloring. Increase in spending on personal grooming products due to rise in disposable income is expected to drive the hair care market in Chile.
Hair care products helps to maintain the cleanliness, hygiene, hair health, and protect hairs from damage. There are various products used for maintaining hairs such as hair gel, hair serum, hair conditioner, hair glue, hair wax, hair coloring, hair tonic, hair mousse, hair oil, hair shampoo, and pomade. The hair products are used to nourish the hair and scalp to strengthen it and have various types of hair styles. Grooming and appearance have become a primary concern for various people in professional as well as in personal life.
The people are much concerned about their hair fall, hair density, and quality of their hairs which raises the demand for various hair care products among consumers. Chemical used in hair products is damaging the hair which is raising the demand for organic hair care products. Rapid growth of the salons and entertainment industry is key factor pushing the market in the coming years. Rising environmental concern among the people is decreasing the use of chemical based hair products and increasing the demand natural hair care products. Use of toxic chemicals in hair care products is anticipated to impede the market expansion.
The report on the Chile hair care market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes | Details |
Report Title | Chile Hair Care Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year | 2020 |
Historic Data | 2018–2019 |
Forecast Period | 2021–2028 |
Segmentation | Types (Hair Oil, Conditioner, Hair Spray, Shampoo, and Others), Distribution Channels (Specialty Stores, Convenience Stores, Hypermarket/Supermarket, Online Stores, and Others) |
Country | Chile |
Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report | L’Oréal S.A.; Procter & Gamble; Johnson & Johnson; Kao Corporation; Coty Inc.; Tigi International Limited; Combe Incorporated; and Marc Anthony Cosmetics Inc. |
Based on types, the Chile hair care market is divided into hair oil, conditioner, hair spray, shampoo, and others. The shampoo segment is expected to constitute a key share of the market during the forecast period owing to different hair enrichment content present in the shampoo such as minerals, vitamins, oils, botanical extracts, and others to stimulate the hair from the scalp follicles. High usage of shampoo by various customers is anticipated to fuel the market. However, the hair spray segment is anticipated to expand at a rapid pace during the forecast period due to the growing fashion trend by various consumers and young generation adopting different types of hairstyling.
On the basis of distribution channels, the market is segmented into specialty stores, convenience stores, hypermarket/supermarket, online stores, and others. The hypermarket/supermarket segment is expected to represent a key share of the market in the coming years due to wide variety and range of products available at one place and customer’s preference to physically see the products in the supermarket. On the other hand, the online stores segment is anticipated to expand at a rapid pace during the forecast period due to heavy discounts available, easy accessibility, availability and convince, and various offers available in hair care products.
Segments Covered in the Report
The Chile hair care market has been segmented on the basis of
Type
Distribution Channel
Country
Key Players
Key players competing in the Chile hair care market include L’Oréal S.A.; Procter & Gamble; Johnson & Johnson; Kao Corporation; Coty Inc.; Tigi International Limited; Combe Incorporated; and Marc Anthony Cosmetics Inc. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.
Segments Covered in the Report
The Chile hair care market has been segmented on the basis of
Type
Distribution Channel
Country
Key Players
Key players competing in the Chile hair care market include L’Oréal S.A.; Procter & Gamble; Johnson & Johnson; Kao Corporation; Coty Inc.; Tigi International Limited; Combe Incorporated; and Marc Anthony Cosmetics Inc. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.
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