During the pandemic, consumers took care of their hair at home without the help of a hair professional,
and as a result, demand for high-end, convenient hair care products increased.
Global luxury hair care Market was valued at USD 13,602.79 million in 2021 and is expected to
reach USD 22,344.00 million by 2029, registering a CAGR of 6.40% during the forecast period of 2022-2029.
Luxurious hair care products will attract more attention for the millennial population and
the new generation due to the luxurious product packaging. Social media platforms,
internet and smartphones have played a major role in influencing the demand
for luxury hair care products in recent years. ‘Shampoo’ is the fastest-growing
segment because of its range of hair-concentrating ingredients, which include minerals, oils,
vitamins, botanical extracts and other ingredients that help stimulate hair growth in scalp hair follicles.
Additionally, lifestyle changes, increasing spending on appearance, introduction of multiple
hair care products for men and surge in number of beauty salons during the forecast period 2022-2029
are expected to boost the luxury hair care market during the forecast period.
*Nutricare is Korea’s leading cosmetics OEM & ODM manufacturer, and can produce various hair products and packages.
Products that can be produced include formulations and products such as vegan hair shampoo,
anti-hair loss shampoo, deep scalp shampoo, vegan hair treatment, anti-hair loss treatment, hair pack,
non-wash hair treatment, etc., and we increase the value of the product in several packages that fit the concept.
