From GlobeNewswire: 2024-11-20 04:00:00

The Hair Styling Products market was valued at USD 27.4 billion in 2023, projected to grow at a 5.7% CAGR from 2024 to 2032. Social media platforms like Instagram, TikTok, and YouTube are driving this growth, with influencers showcasing new trends. Brands are expanding their range to cater to diverse hair types, appealing to younger consumers seeking inclusivity.

In 2023, gels and waxes led the market with a 39.7% share, expected to reach USD 18.4 billion by 2032. Inorganic products dominated with a 56.3% share, projected to reach USD 23.9 billion by 2032. Europe leads the market with a 6.1% CAGR, driven by a strong emphasis on beauty and fashion, contributing to the demand for premium products.

Major players in the market include CHANEL, L’Oréal, and Revlon. The industry’s growth is fueled by social media influence, product innovation, and organic hair care trends. Despite challenges like harmful side effects, the market shows potential for continued expansion. Consumer buying behavior, ingredient analysis, and regulatory landscape play crucial roles in shaping the industry’s future.



Read more at GlobeNewswire: Hair Styling Products Market to hit USD 44.7 billion by