DUBLIN--(BUSINESS WIRE)--The "Global Intensive Conditioner Market - Segmented by Distribution Channel and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The Global Intensive Conditioner market is expected to reach USD 4.74 billion by 2023, witnessing a healthy CAGR during the forecast period.
South America holds the major share in the global Intensive hair Conditioner market. About 685 million units of Intensive Conditioner was consumed in 2017, which is growing at a robust growth rate. Increased demand for deep hair conditioning due to lack of time is primarily driving the market. Innovation in products offering to cleanse and changing lifestyle in emerging countries are further accelerating market.
Rising disposable income and increasing concentration of working women population in the region are various factors impacting the market growth. Asia-Pacific surpassed North America in intensive hair conditioner usage with around 111 million units consumed in 2017. Growing consumer interest in hair care has strongly driven the market growth. Increased working population, lack of time for conditioning and exposure to environmental pollution have risen the demand for deep conditioners.
India registered the fastest CAGR of 18% during the forecast period primarily driven by changing lifestyle and increasing disposable income. Brazil, the US, and Japan are the largest markets for intensive hair conditioners. Western Europe observed a negligible growth in intensive conditioner market size due to declining hair washing trend.
Asia-Pacific which is the fastest growing market for intensive conditioner sales has strongly driven by expanding retail channels. Supermarkets/hypermarkets hold the most significant share of the market which is expanding at a faster pace in countries such as India, China, and Indonesia.
Increase in concentration of internet users in the Asia-Pacific has strongly impacted the e-retail market. Variety of brands available at low cost in online retail has attracted customers. Bulk price offered by online retail is further boosting the online market growth. Convenience stores and specialist retailers combined accounts for 35% of the distribution channel sales for hair conditioners.
Major Developments in the Market
- L'Oreal Paris introduced Elvive, a hair care line designed to help revive all forms of hair damage. After all, everyone loves a comeback and your hair deserves. The treatments include tailored shampoo and conditioners.
- Unilever's newest personal care brand - Love Beauty and Planet, launched natural hair care products in the U.S. including shampoos, conditioners, and body washes.
- Procter & Gamble Co.
- L'Oreal S.A.
- Unilever PLC
- Henkel AG & Co KGaA
- Beiersdorf AG
- Revlon Inc.
- Kao Corporation
- Johnson & Johnson Services Inc
- Avon Products Inc.
- Grupo Boticario
- Dessange International
- L'Occitane Group
Key Topics Covered
2. Research Approach and Methodology
3. Market Overview
4. Market Segmentation
5. Intensive Conditioner Market Competitive Landscape
6. Company Profiles
7. Intensive Conditioner Market Companies
For more information about this report visit https://www.researchandmarkets.com/research/l8tsss/global_intensive?w=4