The South Africa hair care market size was valued at USD 440.11 Million in 2022 and is anticipated to reach USD 755 Million by 2031, expanding at a CAGR of 6.18% during the forecast period, 2023–2031. Growth of the market is attributed to growing demand for wide variety of hair care products and rising fashion trends among consumers such as hair coloring.
Increasing spending on personal grooming products due to rise in disposable income is expected to drive the hair care market in Canada. 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 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. Rising environmental concern among the people is decreasing the use of chemical based hair products and increasing the demand natural hair care products.
Market Trends, Drivers, Restraints, and Opportunities
-
Growing consumer preference for organic and herbal products is projected to propel the market during the forecast period.
-
Rising hair issues including hair loss, dandruff, and hair graying is expected to fuel the market in the coming years.
-
Increasing trends of hair color and different hair styles is estimated to drive the market during the forecast period.
-
Rapid growth of the salons and entertainment industry is key factor pushing the market.
-
Use of toxic chemicals in hair care products is anticipated to impede the market expansion.
-
Allergic reactions caused to people with sensitive hair due to use of various hair care products is 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 in hair care products are estimated to offer significant opportunities for the market players.
Scope of the Report
The report on the South Africa 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
|
Hair Care Market - South Africa Industry Analysis, Growth, Share, Size, Trends, and Forecast
|
|
Base Year
|
2022
|
|
Historic Data
|
2016–2021
|
|
Forecast Period
|
2023–2031
|
|
Segmentation
|
Product Types (Shampoo, Conditioner, Hair Colorant, Hair Styling Products, and Others), Distribution Channels (Supermarkets, Convenience Stores, Specialty Stores, Online Retail Stores, and Others)
|
|
Regional Scope
|
South Africa
|
|
Report Coverage
|
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
|
|
Key Players Covered in the Report
|
Amka Products (Pty). Ltd., Proctor & Gamble, L’Oreal SA, Unilever, and The Estee Lauder Company
|
Market Segment Insights
The shampoo segment is projected to hold a major market share
Based on product types, the hair care market is bifurcated into shampoo, conditioner, hairstyling products, hair colorant, and other product types. 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 and young generation adopting different types of hairstyling.
The supermarket segment is expected to grow at a rapid pace
Based on distribution channels, the hair care market is bifurcated into supermarket, convenience stores, specialty stores, online retail stores, and others. The 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.
Segments
The South Africa hair care market has been segmented on the basis of
Product Types
- Shampoo
- Conditioner
- Hair Colorant
- Hair Styling Products
- Others
Distribution Channels
- Supermarkets
- Specialty Stores
- Convenience Stores
- Online Retail Stores
- Others
Key Players
- Amka Products (Pty). Ltd.
- Proctor & Gamble
- L’Oreal SA
- Unilever
- The Estee Lauder Company
Competitive Landscape
Key players competing in the hair care market include Amka Products (Pty). Ltd., Proctor & Gamble, L’Oreal SA, Unilever, and the Estee Lauder Company
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.
Request For Customization
Enquiry Before Buying
Speak With Analyst
