Hair Care Industry Worth. Instant industry overview Market sizing forecast key players trends. The global natural hair care product market size was valued at USD 874 billion in 2019 and is expected to grow at a compound annual growth rate CAGR of 47 from 2020 to 2027.
According to Reuters Market research firm Euromonitor International estimates 11 billion worth of shampoos relaxers and hair lotions were sold in South Africa Nigeria and Cameroon alone last year. According to analysts the global hair care market was valued at US 813 bn in 2015 and is projected to expand at a steady 3 CAGR between 2016 and 2024. Keeping in mind the uncertainties of COVID-19 we are continuously tracking and evaluating the.
The black hair industry is worth an estimated 88 million with black women spending six times more on hair care than their white counterparts.
Keeping in mind the uncertainties of COVID-19 we are continuously tracking and evaluating the. According to analysts the global hair care market was valued at US 813 bn in 2015 and is projected to expand at a steady 3 CAGR between 2016 and 2024. According to Reuters Market research firm Euromonitor International estimates 11 billion worth of shampoos relaxers and hair lotions were sold in South Africa Nigeria and Cameroon alone last year. Rising awareness related to the benefits of natural hair care products is one of the key factors fueling market growth.
