Shampoo Market Eyeing Remarkable Growth due to Growing Awareness about Hygiene 

The global shampoo market is likely to grow at a notable CAGR between 2019- 2024, reveals the new Market Research Future (MRFR) report. Shampoo, simply put, is a hair care product that is a viscous liquid used to clean hair. It helps to remove the unwanted build-up, thus making hair clean and manageable. Medicated shampoo, children’s shampoo, cosmetic shampoo, dry shampoo, and others are the different types of shampoo. 

Various factors are adding to the global Shampoo Market Share. These factors, as per the new MRFR report, include the availability of different types of shampoos, increasing consumer awareness about personal care & hygiene, pollution, better standard of living, change in lifestyle, rising per capita income, and growing urbanization. Additional factors adding market growth include increasing cases of disorders associated with hairs such as itchiness, dryness, oily hair, hair fall, and dandruff, constant product innovations, the rapid emergence of different brand in the hair care market, the launch of new products, and demand for natural hair shampoos. 

Market Segmentation 

The MRFR report provides an inclusive segmental analysis of the global shampoo market based on distribution channel, function, and type. 

By type, the global shampoo market is segmented into medicated shampoo, children’s shampoo, cosmetic shampoo, dry shampoo, and others. Of these, the cosmetic shampoo segment will lead the market over the forecast period for its wide and easy availability, affordable price, and growing cosmetic industry. 

By function, the global shampoo market is segmented into anti-hair fall, dry & damaged hair, daily-use, volumizing, anti-dandruff, and others. Of these, the anti-hair fall segment will dominate the market over the forecast period for hectic lifestyles and increasing pollution that causes hair fall. This will be followed by the anti-dandruff segment which is predicted to grow at a fast pace for consumers changing dietary habits and harsh climatic conditions 

By distribution channel, the global shampoo market is segmented into non-store and store-based. The store-based segment is again segmented into convenience stores, supermarkets & hypermarkets, and others. Of these, the store-based segment will have a major share in the market over the forecast period for the wide availability of shampoos in supermarkets & hypermarkets and the one-stop shopping experience. This will be followed by the non-store-based segment, which is likely to grow at a high CAGR for the rising adoption of e-commerce in personal care retail industries. 

Regional Analysis 

Based on the region, the global shampoo market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these, the APAC region will spearhead the market over the forecast period for the growing population, increasing consumer awareness regarding hygiene and personal care, growing disposable income, and changing customer lifestyle and preferences. Korea, India, & China are the key contributors in the region. 

Access Full Report @ https://www.marketresearchfuture.com/reports/shampoo-market-7824

The global shampoo market in North America is predicted to have healthy growth over the forecast period for rising consumer spending on innovative and new personal care products, high disposable income, increasing hair related problems, and demand for natural hair care products. 

The global shampoo market in Europe is predicted to have notable growth over the forecast period for burgeoning demand for botanical & natural ingredients, constant innovations made by manufacturers, and strong purchasing power. 

The global shampoo market in the RoW is predicted to have steady growth over the forecast period. 

Comments

Post a Comment

Popular posts from this blog

Organic Cocoa Market Competitive Landscape, Latest Innovations and Research

According to the latest report published by Market Research Future (MRFR), the global market size of organic cocoa is likely to grow to USD 585 Mn by the year 585 Mn. This also indicates towards a strong growth of the market over the next couple of years. Organic cocoa-based food variants have expanded dramatically over the recent years and the trend is likely to gain further momentum in the forthcoming years. Modern consumers, especially millennials display a highly positive sentiment towards organic ingredients, which is partly supporting the growth of the market. The demand for premium grade chocolate products is on the rise, which is having a positive influence on the global sales of organic chocolate. Consumption of beverages and functional food prepared with organic ingredient is picking up steams worldwide, which in turn is prompting food brands to increase their focus on organic variants. Market Research Future (MRFR) in its report offers a detailed segmental analysis of the Gl
Read more

Juice Concentrates Market growing with Lucrative CAGR worldwide to 2024

Increasing awareness about healthy lifestyle which helps in enhancing overall health has driven growth of the juice concentrate market. Demand from the working class has increased in recent years. Juice concentrates are high in nutrition hence consumers have seen rise in demand for it. Along with all these growing demand about healthy alternative to carbonated drinks also boosting the juice concentrate market growth further. Market Research Future, a firm which specializes in market reports related to the Foods, Beverages & Nutrition sector among others, recently forecasted in its report “Global Juice Concentrates Market Size Research Report- Forecast to 2023” that the market will demonstrate an exceptional CAGR % while achieving million dollar growth readily in the forecast period. Juice concentrate is a non-fermented liquid extract obtained by squeezing fresh fruits which has almost no water content. Juice concentrates are as healthy as the fresh fruits. Low-cost involvement in
Read more

Pool Tables Market Landscape, Shares, Trends, Challenges, Segmentation with Forecast

Pool, also known as pocket billiards, is a subcategory of cue sports played on a table with six pockets along the rails in which balls are deposited. Eight-ball, nine-ball, straight pool, and one-pocket are popular pool games played across the globe. The growing popularity of cue sports is a major factor responsible for the global pool tables market growth. The demand for pool tables remains high in developed countries such as the US, the UK, and Germany due to the high purchasing power and strong initiatives taken by various associations to promote the sport at the global level. However, the high prices of pool tables and the popularity of alternative entertainment options such as video games and mobile games are affecting the growth of the pool tables market. Pool Tables Market is projected to be valued at USD 258.8 Million by 2025 , registering a CAGR of 3.6% during the forecast period. Market USP Increasing adoption of cue sports and leisure activities. Growth Opportunit
Read more