Dry Shampoo Key Market Players Analysis by Statistics, and Forecast 2030
Dry Shampoo Market Overview
The global industry trends suggest that the global dry
shampoo market is forecasted to witness a CAGR of 6.2% during the forecast
period.
The market is mainly driven by the essential feature of the
product, which is the absorption of excess oil and grease and provides a shiny
look. Also, the rising consumer preference for waterless products worldwide is
fueling the global dry
shampoo market. Furthermore, along with the increasing demand for the
product in supermarkets and hypermarkets and internet penetration, the online
market for personal care products, including shampoos, has seen rapid growth
globally in the last 3-to 4 years. Also, increasing the influence of digital
beauty bloggers, and providing exposure to new and niche brands, is supporting
market growth worldwide.
Most companies have started branding and advertising dry
shampoo as convenience products that can be easily used on the go. For instance,
Church & Dwight marketed its female-centric dry shampoo, highlighting its
shorter usage time than other shampoos. Since the number of employed women in
the United States had increased sharply at a CAGR of 0.77% from 2022 to 2030,
from 63.59 million in 2022 to 65.6 billion in 2030, the demand for suitable
hair care products. Thus, increasing female employment rates and busier
lifestyles are forecasted to drive the market for dry shampoo due to its
portability and convenience.
Dry Shampoo Market: Competitive Analysis
Highly competitive, the dry shampoo market size appears
fragmented with the presence of many notable players. To gain a larger
competitive share, these players adopt strategies such as mergers and
acquisitions, collaborations, expansions, and product launches. Continually
changing consumer preferences promote the demand for innovative products such
as dandruff specials, thick and long hair, ayurvedic, medicated, herbal, and so
many others. Industry layers are always ready to invest time, efforts, and
money in the R & D required for further formulation. They also try to
expand their businesses' and global footprints through strategic partnerships,
collaboration, mergers and acquisitions, and others.
Major Players:
The global dry
shampoo key market players include Unilever Plc (UK), L'Oreal SA (France),
The Estee Lauder Companies Inc. (US), Procter & Gamble Company (US), MacAndrews
& Forbes Incorporated (US), Shiseido Company Ltd. (Japan), Pierre Fabre
(Paris), LVMH Group (France), Church & Dwight Co., Inc. (US), Coty Inc.
(US), Henkel AG & Company KGaA (Germany), Kao Corporation (Japan), Lush
Australia (Australia), Pierre Fabre Dermo-Cosmetique USA, Inc. (US), and Cult
Beauty Ltd. (UK), among others.
Market Segmentation
The global dry shampoo market overview is segmented based on
distribution channels into supermarkets and hypermarkets, specialty stores,
online retail stores, and other distribution channels. The other distribution
channels are convenience stores and drug stores. Since dry shampoo is not
widely available across the globe, online retail stores provide an opportunity
for these products to penetrate emerging markets. Also, the dry shampoo market
study provides an analysis of the functions of the market in emerging and
established markets across the globe, including North America, Europe,
Asia-Pacific, South America, and the Middle East and Africa.
Regional Analysis
According to research, Europe has the largest dry shampoo
market. Organic and natural products are emerging as significant product
segments in the European haircare market. With rising awareness regarding
scalp-related issues and hair fall, consumers are increasingly inclined toward
herbal and natural hair care solutions. Some companies have come up with
organic solutions for the dry shampoo market. For instance, Acure Organics
offers dry shampoos with natural ingredients such as argan stem cells,
arrowroot powder, and kaolin clay.
The dry shampoo market is home to active market
participants like:
Procter & Gamble
Unilever
Industry News
The key players focus on product development, online
distribution channels, strategic expansions, advertisement, and branding of
their products, to expand their geographic reach and consumer base. The leading
global market companies are also investing heavily in R&D to ensure
high-quality products. Launching new products and strategic expansions to
untapped geographies are the preferred strategies of players operating in the
market. Leading manufacturers in the dry shampoo market are focusing on
leveraging the opportunities posed by the emerging markets of Asia-Pacific,
such as India, to expand their revenue base.
NOTE: Our Team of Researchers are Studying Covid19 and
its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
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