South Korea Hair Care Market by Product Types (Shampoo, Conditioner, Hair Spray, Serum, and Others), and Distribution Channels (Supermarkets, Convenience Stores, Specialty Stores, Online Retail Stores, and Others) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The South Korea Hair Care market size is expected to expand at a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing awareness of the benefits of natural hair care products and women in country prefer a variety of hair care products, alternative to chemical treatments.
Hair care refers to the grooming and cosmetology of hair that develops from the scalp. Hair care techniques vary depending on the individual's culture and the physical characteristics of their hair. Shampoo, hair color, conditioner, hair styling products, and hair oil are just a few of the hair care products available. Hair care relates to the sanitary and cosmetic treatment of hair to maintain it healthy, clean, and stylish. Various treatments and products are used to treat hair on the scalp, facial hair, and hair on other parts of the body.
Hair is exposed to a variety of procedures in order to preserve its health, including cutting, plucking, waxing, and coloring. These treatments are used on hair depending on the kind of hair, the consumer's demands, and, of course, current fashion trends. Hair care items include hair spray, hair oil, conditioner, and shampoo. Hair gel, hair serum, hair mask, hair color, and a variety of additional products are also available. The hair care business has changed dramatically in the previous decade, with the advent of new hair styles, hair regeneration, and hair colorant treatments.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for organic and natural hair care products with rising disposable income is expected to boost the market during the forecast period.
- Growing hair related problems like hair greying is major factors fueling the market.
- Growing urbanization and increasing young age population is likely to create demand for hair styling products during forecast period.
- Rising incidence of allergic reactions due to hair care products present as key challenges that can hamper the market growth during the forecast period.
- R&D investment and development of ethic products and natural hair styling products is expected to create immense opportunities for the market players.
Scope of the Report
The report on the South Korea 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 |
South Korea Hair Care Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
|
Base Year |
2020 |
|
Historic Data |
2018–2019 |
|
Forecast Period |
2021–2028 |
|
Segmentation |
Product Types (Shampoo, Conditioner, Hair Spray, Serum, and Others), and Distribution Channels (Supermarkets, Convenience Stores, Drug Stores, Specialty Stores, Online Retail Stores, and Others) |
|
Geography |
South Korea |
|
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
|
Key Players Covered in the Report |
Aekyung Industry Co. Ltd; Tony Moly; Amorepacific Corp; Nature Republic Inc.; and LG Household & Healthcare Ltd. |
Market Segment Insights
The shampoo segment is projected to represent a major market share
Based on product types, the South Korea hair care market is divided into shampoo, conditioner, hair spray, serum, and others. The shampoo segment is expected to represent a key share of the market during the forecast period owing to variety of hair-strengthening substances, such as vitamins, plant extracts, minerals, oils, and other substances that stimulate the growth of scalp hair follicles.
Consumers are increasingly aware of the damage caused by irritating chemicals such as sulfates and parabens, which are commonly used in hair care products. In addition, shampoos with functional advantages such as anti-fouling, hair growth, non-dandruff, and organic certified shampoos are becoming popular in the market and occupy most of the retail shelf space.
The supermarkets segment is expected to grow at a significant pace
On the basis of distribution channel, the market is segregated into supermarkets, convenience stores, drug stores, specialty stores, online retail stores, and others. The supermarket segment is anticipated to hold a key share of the market during the forecast period owing to products having a wide range under one roof. The emergence of a large number of supermarket chains and the changing retail pattern around the world have prepared for increased sales of hair care products in supermarket sales channels. On the other hand, the online retail stores segment is anticipated to expand at a rapid pace during the forecast period due to wide distribution networks and high product availability.
Segments
Segments Covered in the Report
The South Korea hair care market has been segmented on the basis of
Product Types
- Shampoo
- Conditioner
- Hair Spray
- Serum
- Others
Distribution Channels
- Supermarkets
- Convenience Stores
- Drug Stores
- Specialty Stores
- Online Retail Stores
- Others
Key Players
- Aekyung Industry Co. Ltd
- Tony Moly
- Amorepacific Corp
- Nature Republic Inc.
- LG Household & Healthcare Ltd.
Competitive Landscape
Key players competing in the South Korea hair care market include Aekyung Industry Co. Ltd; Tony Moly; Amorepacific Corp; Nature Republic Inc.; and LG Household & Healthcare Ltd.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hair Care Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hair Care Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hair Care Market - Supply Chain
4.5. Global Hair Care Market Forecast
4.5.1. Hair Care Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hair Care Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Hair Care Market Absolute $ Opportunity
5. Global Hair Care Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Hair Care Market Size and Volume Forecast by Types
5.3.1. Shampoo
5.3.2. Conditioner
5.3.3. Hair Spray
5.3.4. Serum
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Hair Care Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Hair Care Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Hair Care Demand Share Forecast, 2019-2026
7. North America Hair Care Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Hair Care Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Hair Care Market Size and Volume Forecast by Types
7.4.1. Shampoo
7.4.2. Conditioner
7.4.3. Hair Spray
7.4.4. Serum
7.4.5. Others
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Hair Care Demand Share Forecast, 2019-2026
8. Latin America Hair Care Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Hair Care Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Hair Care Market Size and Volume Forecast by Types
8.4.1. Shampoo
8.4.2. Conditioner
8.4.3. Hair Spray
8.4.4. Serum
8.4.5. Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Hair Care Demand Share Forecast, 2019-2026
9. Europe Hair Care Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Hair Care Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Hair Care Market Size and Volume Forecast by Types
9.4.1. Shampoo
9.4.2. Conditioner
9.4.3. Hair Spray
9.4.4. Serum
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Hair Care Demand Share Forecast, 2019-2026
10. Asia Pacific Hair Care Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Hair Care Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Hair Care Market Size and Volume Forecast by Types
10.4.1. Shampoo
10.4.2. Conditioner
10.4.3. Hair Spray
10.4.4. Serum
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Hair Care Demand Share Forecast, 2019-2026
11. Middle East & Africa Hair Care Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Hair Care Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Hair Care Market Size and Volume Forecast by Types
11.4.1. Shampoo
11.4.2. Conditioner
11.4.3. Hair Spray
11.4.4. Serum
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Hair Care Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Hair Care Market: Market Share Analysis
12.2. Hair Care Distributors and Customers
12.3. Hair Care Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Aekyung Industry Co. Ltd
12.4.2. Tony Moly
12.4.3. Amorepacific Corp
12.4.4. Nature Republic Inc.
12.4.5. LG Household & Healthcare Ltd.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hair Care Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hair Care Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hair Care Market - Supply Chain
4.5. Global Hair Care Market Forecast
4.5.1. Hair Care Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hair Care Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Hair Care Market Absolute $ Opportunity
5. Global Hair Care Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Hair Care Market Size and Volume Forecast by Types
5.3.1. Shampoo
5.3.2. Conditioner
5.3.3. Hair Spray
5.3.4. Serum
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Hair Care Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Hair Care Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Hair Care Demand Share Forecast, 2019-2026
7. North America Hair Care Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Hair Care Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Hair Care Market Size and Volume Forecast by Types
7.4.1. Shampoo
7.4.2. Conditioner
7.4.3. Hair Spray
7.4.4. Serum
7.4.5. Others
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Hair Care Demand Share Forecast, 2019-2026
8. Latin America Hair Care Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Hair Care Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Hair Care Market Size and Volume Forecast by Types
8.4.1. Shampoo
8.4.2. Conditioner
8.4.3. Hair Spray
8.4.4. Serum
8.4.5. Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Hair Care Demand Share Forecast, 2019-2026
9. Europe Hair Care Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Hair Care Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Hair Care Market Size and Volume Forecast by Types
9.4.1. Shampoo
9.4.2. Conditioner
9.4.3. Hair Spray
9.4.4. Serum
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Hair Care Demand Share Forecast, 2019-2026
10. Asia Pacific Hair Care Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Hair Care Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Hair Care Market Size and Volume Forecast by Types
10.4.1. Shampoo
10.4.2. Conditioner
10.4.3. Hair Spray
10.4.4. Serum
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Hair Care Demand Share Forecast, 2019-2026
11. Middle East & Africa Hair Care Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Hair Care Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Hair Care Market Size and Volume Forecast by Types
11.4.1. Shampoo
11.4.2. Conditioner
11.4.3. Hair Spray
11.4.4. Serum
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Hair Care Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Hair Care Market: Market Share Analysis
12.2. Hair Care Distributors and Customers
12.3. Hair Care Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Aekyung Industry Co. Ltd
12.4.2. Tony Moly
12.4.3. Amorepacific Corp
12.4.4. Nature Republic Inc.
12.4.5. LG Household & Healthcare Ltd.
Segments Covered in the Report
The South Korea hair care market has been segmented on the basis of
Product Types
- Shampoo
- Conditioner
- Hair Spray
- Serum
- Others
Distribution Channels
- Supermarkets
- Convenience Stores
- Drug Stores
- Specialty Stores
- Online Retail Stores
- Others
Key Players
- Aekyung Industry Co. Ltd
- Tony Moly
- Amorepacific Corp
- Nature Republic Inc.
- LG Household & Healthcare Ltd.
Key players competing in the South Korea hair care market include Aekyung Industry Co. Ltd; Tony Moly; Amorepacific Corp; Nature Republic Inc.; and LG Household & Healthcare Ltd.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
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