The Canada hair care market size was USD 1.29 Bn in 2022 and is likely to reach USD 1.51 Bn by 2031, expanding at a CAGR of 1.73% during 2023–2031. 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 market.
Hair care products helps to maintain the cleanliness, hygiene, hair health, and protect hairs from damage. Various products are 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. These products are also 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.
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. Chemicals used in hair products are considered to be causing damage hair, which present a key reason for choosing organic hair care products. Rising environmental concern among the people is decreasing the use of chemical-based hair products and increasing the demand for natural hair care products.
Canada Hair Care Market Trends, Drivers, Restraints, and Opportunities
- Growing consumer preference for organic and herbal hair care products to avoid side-effects of using toxic chemical hair products are projected to propel the market during the forecast period.
- Rising incidence of hair issues including hair loss, dandruff, and hair graying are expected to fuel the market in the coming years.
- Increasing trends for adopting hair color and different hair styles coupled with the availability of high skilled hair designers at salons are estimated to drive the market during the forecast period.
- Certain side-effects such as allergic reactions caused to people with sensitive hair due to use of various hair care products are estimated to hinder the market growth.
- High marketing and manufacturing cost of hair care products is projected to hamper the market expansion.
- R&D investment and technological advancement and innovation in hair care products are estimated to offer significant opportunities for the market players.
Scope of the Canada Hair Care Market Report
The report on the Canada hair care market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Canada Hair Care Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Types (Hair Oil, Conditioner, Hair Spray, Shampoo, and Others) and Distribution Channels (Specialty Stores, Convenience Stores, Hypermarket/Supermarket, Online Stores, and Others)
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Country
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Canada
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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L’Oreal S.A., Procter & Gamble, Johnson & Johnson, Kao Corporation, Coty Inc., Tigi International Limited, Combe Inc., and Marc Anthony Cosmetics Inc.
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Canada Hair Care Market Segment Insights
The Shampoo segment is projected to account for a large market share
Based on types, the Canada 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.
Hypermarket/supermarket segment is projected to hold a key market share
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 customers 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.
Competitive Landscape
Key players competing in the Canada hair care market include L’Oreal S.A., Procter & Gamble, Johnson & Johnson, Kao Corporation, Coty Inc., Tigi International Limited, Combe Inc., 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
Segments Covered in the Report
The Canada hair care market has been segmented on the basis of
Types
- Hair Oil
- Conditioner
- Hair Spray
- Shampoo
- Others
Distribution Channels
- Specialty Stores
- Convenience Stores
- Hypermarket/Supermarket
- Online Stores
- Others
Country
Key Players
- L’Oreal S.A.
- Procter & Gamble
- Johnson & Johnson
- Kao Corporation
- Coty Inc.
- Tigi International Limited
- Combe Inc.
- Marc Anthony Cosmetics Inc.
Competitive Landscape
Key players competing in the Canada hair care market include L’Oreal S.A., Procter & Gamble, Johnson & Johnson, Kao Corporation, Coty Inc., Tigi International Limited, Combe Inc., 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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