The Hair Relaxer Market report comprises the most recent market information, enabling companies to conduct in-depth analyses of the Hair Relaxer Market industry and future trends. This market study also assesses the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors, and Porter's Five Forces Analysis. With the data covered in this marketing report, the marketing of goods can be made efficient and economical, leading to the elimination of all types of wastage. The significant Hair Relaxer Market study includes market attractiveness analysis, wherein each segment is benchmarked based on its market size, growth rate, and general attractiveness.
The Hair Relaxer Market analysis report ascertains the reputation of the firm and its products. This report contains historic data, present market trends, the environment, technological innovation, upcoming technologies, and technical progress in the related industry. The market study aids in making sales forecasts for its products and thereby establishing a harmonious adjustment between demand and supply. The report provides an in-depth overview of product specification, technology, product type, and production analysis, considering major factors such as revenue, cost, and gross margin. The leading Hair Relaxer Market report surely helps harness the maximum value of investment.
Explore Further Details about This Research Hair Relaxer Market Report
https://www.databridgemarketresearch.com/reports/global-hair-relaxer-market
The product innovation enhanced the demand for the hair relaxers in the market and is expected to witness significant growth of the market. The commercial segment is expected to the highest growing application segment due to increasing demand for hair relaxing treatments from the advertisement and entertainment industries. Moreover, the rising popularity of social media influencers and growing demand for styling curly hair to soft, smoothened and straightened hair are key factors which will enhance the market growth in upcoming years.
Data Bridge Market Research analyses that the hair relaxer market was valued at USD 869.80 million in 2022 and is expected to reach USD 1658.26 million by 2030, registering a CAGR of 8.40% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
Market Definition
A hair relaxer is a type of cream or lotion which is generally used by many people with very curly hair or tight curls. This makes hair easier to straighten and chemically "relaxing" the natural curls. The active agent is generally a strong alkali, although in some formulations of hair relaxer used formaldehyde or ammonium thioglycolate.
Some of the major players operating in the hair relaxer market are:
- Shiseido Company (Japan)
- Johnson & Johnson Private Limited (India)
- Unilever (U.K.)
- Amway (U.S.)
- Procter & Gamble (U.S.)
- L’Oréal S.A. (France)
- Revlon Group (U.S.)
- Beiersdorf AG (Germany)
- Natura & CO (South America)
- Conair Corporation (U.S.)
- Goody Products, Inc. (U.S.)
- Yves Rocher (France)
- Kao Corporation (Japan)
- Marico (India)
- Aveda Corporation (U.S.)
- Henkel AG and Co. KgaA (Germany)
- Combe Incorporated (U.S.)
- AVON PRODUCTS (U.K.)
- OLAPLEX. (U.S.)
- Pai-Shau (Canada)
Drivers
- Rising demand of thio relaxer
The demand for the thio relaxer increases among consumers due to growing preference for straight hair, increasing demand for high-quality and innovative hair products, and high usage of thio relaxers for permanent waving. Thio is one the most generally used hair relaxer with ATG or ammonium thioglycolate and active ingredients. These relaxers are thicker with higher viscosity and have moderate pH, making its application easier. Thus, the surging demand of thio relaxer is anticipated to drive the market's growth rate.
- Increasing demand of hair relaxer among women
One major factor that increases the demand for the hair relaxer among women with curly hair is that the relaxing treatment of hair relaxer is to get rid of strong curls and frizz. The process is easy to use hair relaxer and can be done in around 15-20 minutes with the help of a well-trained haircare professional. Hair relaxing treatment with the help of hair relaxer keeps hair straight without getting frizzy or tangled even in wet weather and high humidity. Furthermore, hair relaxers are gaining popularity among millennials owing to models, social media influencers, and actors because they continuously try different hairstyles.
Global Hair Relaxer Market Scope
The hair relaxer market is segmented on the basis of type, distributing channels and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Theo Relaxer
- Alkaline and Lye Relaxer
- No Lye Relaxer
- Down Perm
Distributing Channels
- Direct Sales
- E-Commerce
- Retail Shop
- Hyper Markets
- Supermarkets
- Speciality Stores
- Wholesale Stores
- Others
Application
- Commercial Use
- Home Use
Objective of the Hair Relaxer Market Report
- To identify key players operating in the Hair Relaxer Market and comprehensively analyze their market rankings and core competencies.
- To describe major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the Hair Relaxer Market and submarkets.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
- To strategically analyze micro markets with respect to individual growth trends, prospects, and contributions to the total market
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
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