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United Kingdom professional hair care market is estimated to reach USD 665.97 million by 2020

United Kingdom professional hair care market is estimated to reach USD 665.97 million by 2020

Increasing disposable income of people in the U.K. to drive the U.K. professional hair care market; estimated to reach $665.97m by 2020.

According to the market research report “United Kingdom Professional Hair Care Market: By Product Category (Coloring, Perming & Straightening, Shampoo & Conditioning & Styling); By Distribution Channel (Direct, Distributors / Wholesalers) & By Company – Forecast (2017 – 2022)”, published by IndustryARC, estimates the market to reach $665.97m by 2020.

Browse 12 Market Tables, 19 Figures spread through 57 Pages and an in-depth TOC on “United Kingdom Professional Hair Care Market” – http://industryarc.com/Report/7419/united-kingdom-professional-hair-care-market-report.html

Unlike regular hair care products, professional hair care products are available in salons only and are used by salon professionals to offer various hair services like coloring, perming & straightening, shampoo & conditioning and styling. Increasing disposable income of people in the U.K. is propelling the growth of the U.K. professional hair care market. Hair services like hair treatment, hair styling and so on are possible with professional hair care products which are available at salons. The market for the U.K. professional hair care is segmented based category, distribution channel and company.

The U.K. professional hair care market was estimated to be $591.37m in 2014. This market is led by robust growth in hair coloring, shampoo & conditioning and styling categories. Hair coloring category is estimated to continue its dominance in the U.K. professional hair care market during the forecast period. Direct distribution channel is the largest segment for the U.K. professional hair care market. Coloring category is estimated to witness fastest growth during 2015-2020 owing to growing usage of permanent coloring products in the region. Increasing number of aging population, growing demand for take home products for men styling and hair care are the other major factors driving the U.K. professional hair care market.

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The Key Players in this Market Include

  • L’Oréal Group

  • Henkel AG & Co., KGaA

  • Procter & Gamble Co.

  • Unilever Corporation

  • Kao Corporation

Top five companies held more than 65% of the market share in 2014. The growing number of start-ups coupled with new product developments will however shift the market share slightly from key players to smaller companies. The dynamics for the U.K. professional hair care market share is expected to be impacted extensively by 2020 owing to the competition among key players which leads to competitive development of innovative products. Acquisitions, product launch and expansion are few of the growth strategies of the key players in the industry who are striving to increase their market share.

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About IndustryARC:

IndustryARC is a Research and consulting firm that publishes more than 500 Reports Annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

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