Market Insights Consumer Beauty & Personal Care Personal Care

Hair Care - China

China

In China, the Hair Care market is projected to generate a revenue of US$8.66bn by 2024.
It is anticipated to experience a yearly growth rate of 2.63% (CAGR 2024-2029).
When compared to other countries worldwide, in the United States leads in terms of revenue generation, reaching US$13,600m in 2024.
Considering the total population, per person revenues in China are estimated to be US$6.05 in 2024.
The Chinese hair care market is experiencing a surge in demand for natural and organic products, driven by increasing consumer awareness and concerns about product safety.

Key regions: Indonesia, United Kingdom, India, United Arab Emirates, United States

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Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.