Global Shampoo Market - WishTree Insight

Global Shampoo Market by Product Type (Medicated, Non-medicated, Herbal, Anti Dandruff, and others), End-User (Women, men, and Kids), Distribution Channel (Medical store, Supermarket & Hypermarket, and Online) and Regions (The Asia Pacific, Middle East Africa, Europe, North America, and Latin America) - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast 2021 – 2031

The Global Shampoo market size was valued at USD 31 billion in 2021 and is expected to surpass USD 42.3 billion by 2031, expanding at a CAGR of 4.6 % during the forecast period, 2021–2031. The growth of the market is attributed to innovative, herbal, organic, and medicated products.

Introduction

Shampoo is a form of viscous liquid used to clean hairs. A basic feature of the product is that it absorbs excess oil & grease and gives hair a shiny appearance. The market growth is fueled by a fast-paced lifestyle, intense work hours, and living in highly polluted cities. Consumers' busy and hectic lifestyle has increased their preference for waterless products.

The shampoo provides instant cleaning and restores the strength and softness of the hair. Some of the traditional shampoos are filled with damage-causing chemical ingredients which cause hair-fall and scalp-related problems among consumers. The Increasing prevalence of hair problems and the introduction of the low-cost sachet is anticipated to grow the market.

Market Trends, Drivers, Restraints, and Opportunities

• The trend of using customized shampoo is propelling the market growth.
• Increasing demand for natural, herbal, and organic products is driving the market growth.
• Launch of innovative products like sulfate-free, paraben-free shampoo products are driving the market.
• Chemical-based shampoo causing hair damage is expected to hamper the market growth.
• Dry Shampoo in powder form is on the rise due to the cleaning &styling effect. Also, a 2-in-1 hair cleanser offering shampoo plus conditioning with oil infusing and dry product variant is anticipated to grow in the market.

Scope of the Report

Market Segment Insights

Non-medicated segment is expected to expand at a rapid pace

Based on product type, the global shampoo market is divided into medicated, non-medicated, herbal, anti-dandruff, and others. The non-medicated segment is expected to expand at a rapid pace during the forecast period due to its regular usage by people. However, the herbal and medicated segment is anticipated to hold a key share of the market in the coming years. The products are designed for therapeutic effects, cuticle nutrition, smoothening, scalp balance, and detoxifying properties making the product hold the market share.

The women segment is expected to propel the market growth

Based on end-user, the global shampoo market is divided into women, men, and kids. The women's segment is expected to expand at a rapid pace during the forecast period. The consciousness toward personal health hygiene and beauty is anticipated to grow the market segment. However, the men segment is anticipated to hold a key share of the market in the coming years.

The supermarket & hypermarket segment is anticipated to expand the market growth

Based on the distribution channel, the global shampoo market is divided into medical stores, supermarket & hypermarkets, and online. The supermarket & hypermarket segment is expected to expand at a rapid pace during the forecast period. The provision of various products under one roof with bulk purchase discounts is propelling the market segment. However, the online segment is anticipated to hold a key share of the market in the coming years. The convenience of online shopping, time-saving, and comfort are lucrative factors propelling the market segment.

In terms of regions, the global shampoo market is classified as Latin America, North America, Europe, Asia Pacific, and The Middle East & Africa. The market of Europe is expected to constitute a key share of the market during the projected period. Consumers increasing concern regarding scalp-related issues and hair-fall increases demand for organic and natural products. However, the market in North America is anticipated to expand at a rapid pace during the forecast period. Consumers highly prefer dry shampoo because of their hectic and fast-paced lifestyle, as it is a water-efficient product. The Asia Pacific is expected to expand its shampoo market over the forecast period, on account of rising demand for beauty and natural care products in the region. Countries in East Asia and South Asia also represent potential opportunities for the shampoo market.

Competitive Landscape

Key players competing in the global shampoo market are:

• Shiseido Company Ltd.
• Procter & Gamble Company
• Pierre Fabre
• Revlon Inc.
• Church & Dwight Co, Inc.
• New Avon LLC
• The Estee Lauder Companies Inc.
• L’Oréal SA
• Henkel AG & Company
• Unilever

FAQs

Mention the market size of the global shampoo market in 2021.

The market size of the global shampoo market was USD 31 billion in 2021.

What segments are covered in the global shampoo market report?

The segments covered in the global shampoo market report are based on product type, end-user, and distribution channel.

Mention the region is expected to hold the highest share in the global shampoo market.

The Asia Pacific is expected to hold the highest share in the global shampoo market.

State the key players in the global shampoo market.

Shiseido Company Ltd.; Procter & Gamble Company; Pierre Fabre; Revlon Inc.; Church & Dwight Co, Inc.; New Avon LLC; The Estee Lauder Companies Inc.; L’Oréal SA; Henkel AG & Company; Unilever.

Which segment holds the largest market share in the Global Shampoo market by 2031?

Non-medicated shampoo segment holds the largest market share in the global shampoo market by 2031.

What is the market size of the Global Shampoo market by 2031?

The market size of the global shampoo market is USD 41.3 billion by 2031.