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    Shampoo Consumption Market Report

    Shampoo Consumption Market Report
    Report code - SRCG339 Delivery - 2 Weeks
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    Global Shampoo Consumption Market, Trends, Dynamics, and Market Analysis
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    Impact of COVID-19 on Shampoo Consumption Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Shampoo Consumption Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    The Global Shampoo Consumption Market is expected to grow from USD 29.5 billion in 2020 to USD 36.8 billion by 2026 at a CAGR of over 3.8% during the forecast period.

    Figure: Global Shampoo Consumption Market Size, 2020-2026 (USD Billion)

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    What is a Shampoo?

    Shampoo is defined as a basic hair care product that accounts for the largest share of hair cosmetics products. It is in the form of a viscous liquid used for cleaning hair. It is an integral part of our routine. The different types of shampoo available in the market include wet, dry, and solid. Wet shampoo has been widely used by consumers across geographies.

    Key Players

    Key players operating in the global Shampoo Consumption Market are-

    • The Procter & Gamble Company (The U.S),
    • Art Naturals (The U.S),
    • Bioveda Action Research Company (India),
    • Patanjali Ayurved (India),
    • L'Oréal S.A. (France),
    • Wella Profesionals (Switzerland),
    • Lush (UK),
    • Basin (The U.S),
    • Unilever plc (UK), and
    • Herbal Essences (India).

    Market Dynamics

    The growth of the global shampoo consumption market is primarily driven by the growing prevalence of various hair disorders such as dandruff, oily hair, hair fall, and dry hair among others.

    • Growing urbanization and changing lifestyles coupled with rising per capita disposable income of the consumers is likely to drive the market growth substantially.
    • The increasing popularity of herbal-based shampoo is likely to create lucrative opportunities for the players operating in the global market.
    • However, increasing regulations related to use of chemical-based cosmetic products is likely to affect the market growth.     

    Segment Analysis

    Product Trends

    Based on product, the shampoo consumption market has been segmented into therapeutics and cosmetics.

    • The cosmetics segment accented for a higher market share in 2020.
    • The segment growth can be attributed to the increasing usage of shampoo among all age group populations.
    • The therapeutics segment is projected to register healthy CAGR on account of rising hair problems such as dandruff, oily hair, and hair fall among others.

    Regional Trends

    Geographically, the market in Asia-Pacific accounted for the largest market share in 2020 and is expected to continue its dominance over the forecast period owing to expanding populace and growing urbanization in the developing countries particularly China and India.

    The market in North America and Europe is expected to be driven by rising demand for high-quality shampoo and rising incidences of hair-related disorders.

    COVID-19 Impact on Global Shampoo Consumption Market

    Covid-19 outbreak impacted the growth of the shampoo consumption market negatively for a short period of time. The spread of coronavirus led to the enforcement of lockdown to curb the spread of the virus. This led to travel restrictions and supply chain disruptions, which in turn affected the manufacturing and availability of the product in the market. However, with the reopening of economies, the online sale of shampoo increased and thus, supported the market growth.

    Critical Questions Answered in the Report

    • What are the key trends in the global Shampoo Consumption market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
    • What is the impact of COVID-19 on the global Shampoo Consumption market?
    • What are the key strategies adopted by the major vendors to lead in the global Shampoo Consumption market?
    • What is the market share of the top vendors?

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    Target Audience

    • Shampoo consumption manufacturers
    • Shampoo consumption suppliers
    • Shampoo consumption distributors
    • Organizations
    • Government bodies

    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].

    Frequently Asked Questions (FAQs)

    The shampoo consumption market size is expected to reach USD 36.8 billion in the coming years.

    The Procter & Gamble Company (The U.S), Art Naturals (The U.S), Bioveda Action Research Company (India), Patanjali Ayurved (India), L'Oral S.A. (France), Wella Profesionals (Switzerland), Lush (UK), Basin (The U.S), Unilever plc (UK) and Herbal Essences (India) are among the key players in the shampoo consumption market.

    The shampoo consumption market is expected to witness an impressive growth of 3.8% CAGR in the foreseeable future.

    Growing prevalence of various hair disorders such as dandruff, oily hair, hair fall, and dry hair among others, growing urbanization and changing lifestyles coupled with rising per capita disposable income of the consumers are the factors driving the growth of shampoo consumption market.

    Asia-Pacific accounted for the largest market share in 2020 and is expected to continue its dominance over the forecast period.

    Shampoo consumption manufacturers, Shampoo consumption suppliers, Shampoo consumption distributors, Organizations, Government bodies are the target audience in the shampoo consumption market.

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