3 Key Projections from Fact.MR’s Report on Hair Grooming Market


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According to the report, the hair grooming market is predicted to grow from under US$ 80 billion in 2017 to almost US$ 95 billion in 2022 witnessing a CAGR of 3.5%.


The global hair grooming market is growing at a modest pace and the trend is likely to continue over the next couple of years. Desires of lustrous, healthy and smooth hair is driving the global sales of hair grooming products. Further, growing popularity of organic and herbal products is influencing the purchase decisions of a large number of customers across the globe. Increased emphasis on formulation of more efficient hair grooming products is likely to influence the market as well.  In addition, heavier investments are being made in research & development pipelines in order to enhance the functionality of these products and also to develop new hair grooming products. The aforementioned factors are expected to make a collective impact on the overall growth of the global hair grooming market during the forecast period. According to the latest report published by Fact.MR, the global market for hair grooming will witness a CAGR of 3.5% between 2017 and 2022 to reach a valuation of US$ 94,913 Mn.

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Following projections from Fact.MR’s forecast on the global market for hair grooming will be assertive on the market’s growth prospects

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Competition Tracking

Some of the leading companies operating in the global market for hair grooming include L'Oréal S.A, The Procter & Gamble Company, Unilever PLC, Avon Products, Inc., Revlon, Inc, The Estée Lauder Companies Inc, Henkel AG & Co. KGaA , Johnson & Johnson and Kao Corporation.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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