Hair Relaxer Market | Covid-19 Impact Analysis

Hair Relaxer Market Insights

Hair Relaxer Market is likely to witness a CAGR of 2.5% during the forecast period. The prime factor that are driving the hair relaxer market is the rising consumer demand for styling hair from curl to straightening. Further, rising disposable income of consumers in emerging economies along with rapid urbanization is the factor likely to boost the growth of the market.

Market Share Analysis

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Hair Relaxer Market Share: By Distribution Channel Type

Based on the distribution channel type, the market is segmented as supermarkets, convenience stores, online stores, and others. The supermarket segment dominated the market in 2020 and is expected to maintain its position during the forecast period. Expansion of supermarkets across the globe along with availability of a wide range of products is the major factor driving the growth of the segment. Online store is likely to witness the highest growth during the forecast period.

Hair Relaxer Market Share: By Region

In terms of region, Europe is estimated to be the largest market for hair relaxer during the forecast period. Well established distribution channel, huge consumer base, huge disposable income of consumers, and wide range of products are the major factors leading to the dominance of Europe in the global market. Asia-Pacific is expected to witness the highest growth during the forecast period. China, Japan, South Korea, and India are the driving force of the region’s market.

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Some of the major suppliers in the hair relaxer market are-

• Softsheen-Carson
• Phyto
• Avlon Industries, Inc.
• Mizani
• Jotoco Corp.
• AfricanPrideHair
• George’s Hair Fashions East.

Market Scope & Segmentation

Hair relaxer is a type of solution or cream generally used by people with tight curls to straighten it by chemically relaxing the natural curls. Hair relaxer market is segmented based on distribution channel type into supermarkets, convenience stores, online stores, and others.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The hair relaxer market is segmented into the following categories. 

Hair Relaxer Market Size, Share, & Forecast, by Distribution Channel Type:

• Supermarkets (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Convenience Stores (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Online Stores (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Hair Relaxer Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the distribution channel types by region type.

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].