The global market for organic hair care market products witness growth on the back of rising health awareness among the consumer and availability of the products on various distribution channels. In addition, availability of the products in convenient size and packaging is another factor contributing towards the market growth. But, due short shelf life of the organic products and higher prices are the major factors restraining the market growth. However, in future rising demand from the end user segment and increasing income of the emerging economies will be the two major factors which will drive growth.
The purpose of the report is to illustrate the state of the market of Sterile Injectables, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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By product type, shampoo segments accounts for more than 35% share of the pie in 2014. It is also projected to maintain its dominance during the forecast period. In 2014, salon products and styling agent’s accounts for 10.0% and 14.9% share of the pie respectively. But in future salon products is projected to lose out some of its share. Hair colorants segment is projected to grow at a highest rate of 10.2% during the forecast period of 2015 to 2022.
In 2014, by geography, North America and Europe together accounts for major chunk of the pie. These two economies are projected to account for more than 60% share of the pie in 2014 and are also projected to maintain their dominance during the forecast period. The U.S. is the largest market for organic hair care products worldwide. It is expected to grow at a rate of 10.2% from 2015 to 2022. Availability of the products, new products launches and presence of the multinationals are the factors contributing towards the market growth. On the other hand, Asia Pacific and RoW are the regions projected to grow at the fastest rate during the forecast period. Both, these economies are projected to witness double digit growth rate from 2015 to 2022.
In Asia Pacific, India, China, South Korea are the major contributors towards the market growth. Increasing health concerns, rise in spending power, and entry of the multinational are the major factors contributing growth in this region. In Row region, Brazil is projected to be the fastest growing market. The Brazilian market is witnessing growth on the back of its richness in biodiversity, and availability of organic raw materials in abundance. The supply of locally sourced raw materials also makes organic products more accessible and affordable for consumers. Moreover, economies such as Iran, Turkey, Saudi Arabia and Egypt also offer huge market potential.
At present, the organic hair care market is highly fragmented. There are many brands present in the market but very few have significant market share. To maintain their dominance in this market companies are adopting various strategies. Large multinationals are following similar pricing strategies and distribution channels. Multinationals such as L’Oreal (The Body Shop) have adopted the acquisition strategy to enter the organic space. On the other hand Companies such as L’Occitane has developed their own organic product lines.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Sterile Injectables buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Organic Hair Care contains:
Analysis and forecast of Sterile Injectables market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Sterile Injectables market;
Assessment and forecast of Sterile Injectables market development;
Financial and business profiles of the leading companies in the Sterile Injectables industry.
– Up to date working Sterile Injectables data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Sterile Injectables for the period 2018 to 2026
– Planned Sterile Injectables additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Sterile Injectables projects by region, key countries, and companies
– Details of major planned Sterile Injectables projects in the world up to 2026
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