by Scalp care products provide intensive nourishment and nourish the scalp skin to prevent dryness, flakiness and dandruff. With increasing environmental pollution and changes in lifestyles, scalp problems are becoming more common. Rising awareness among consumers about various scalp care benefits such as relieving itchiness, flakiness and maintaining scalp hydration is driving the demand for scalp care products. The global Scalp Care Market is estimated to be valued at US$ 12.84 Bn in 2023 and is expected to exhibit a CAGR of 7.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The key trend augmenting the growth of the scalp care market is the increasing demand for natural and organic scalp care products. Consumers are increasingly opting for natural ingredients-based products owing to rising health concerns associated with the use of chemicals in hair and scalp care products. Organic and natural ingredients such as plant extracts, essential oils, vitamins and amino acids effectively treat scalp problems and hair fall without causing any side effects. This rising preference for natural products is encouraging manufacturers to develop innovative natural and organic scalp care product ranges, thereby propelling the market growth over the forecast period.
Segment Analysis
The global Scalp Care Market Share is dominated by the shampoo sub-segment. Shampoos account for more than 40% of the scalp care market owing to frequent usage of shampoos for hair cleansing. Consumers are becoming more informed about ingredients used in hair care products and their effects. This has increased the demand for natural and herbal ingredients based shampoos.
Key Takeaways
The global scalp care market is expected to witness high growth over the forecast period of 2023 to 2030. Rapid urbanization, rising disposable incomes and increasing awareness about scalp and hair care are driving the demand for scalp care products. The market is predicted to grow at a CAGR of 7.1% during the forecast period.
Regional analysis
The Asia Pacific region currently dominates the global scalp care market and is expected to continue its dominance through 2030. Rising spending on personal grooming and availability of herbal and natural scalp care products are boosting market growth in the region. China and India are the fastest growing markets in Asia Pacific.
Key players
Key players operating in the scalp care market include Bioderma Laboratories, Lotus Herbals Pvt. Ltd., Natura & Co., Kao Corporation, Beiersdorf AG, Procter & Gamble Co., Unilever PLC, Moroccan Oil, L’Oreal SA, Himalaya Wellness Company, Johnson & Johnson Inc., and The Estee Lauder Companies Inc. Bioderma Laboratories leads the scalp care market owing to its wide range of natural scalp care products. Lotus Herbals also has a significant market share in India and other Asian markets.
Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
