Market Insights Consumer Beauty & Personal Care Personal Care

Hair Care - India

India

In 2024, the Hair Care market in India is projected to generate a revenue of INR US$3.06bn.
It is anticipated that the market will experience an annual growth rate of 3.13% from 2024 to 2029 (CAGR 2024-2029).
When compared globally, in the United States leads in revenue generation, with a projected revenue of INR US$13,600m in 2024.
On a per capita basis, the revenue generated in India amounts to INR US$2.13 per person in 2024.
India's hair care market is witnessing a surge in demand for natural and Ayurvedic products, driven by a growing preference for organic and chemical-free solutions.

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.