DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/s74h55/hair_care_market) has announced the addition of the "Hair Care Market in GCC 2015-2019" report to their offering.
The hair care market in GCC to grow at a CAGR of 5.81% over the period 2014-2019.
The report, Hair Care Market in GCC, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the GCC; it also covers the hair care market landscape in the GCC and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The increase in oil prices in the last decade has led to higher income levels and better purchasing power of consumers in GCC. GDP per capita is likely to grow in 2019. High disposable income encourages consumers to purchase high-quality personal care and grooming products, enabling the growth of the hair care market in this region.
According to the report, awareness about the quality of hair care products has increased among the consumers in this region. This has led to an influx of high-quality beauty products in the market. Hair care products have gained traction among the young generation in the region because they are more aware about the global trends related to fashion.
Further, the report states that the availability of counterfeit products is hampering market growth significantly.
- Procter & Gamble (P&G)
Other Prominent Vendors
- Estee Lauder
For more information visit http://www.researchandmarkets.com/research/s74h55/hair_care_market