Market Insights Consumer Beauty & Personal Care Personal Care

Hair Care - Central Asia

Central Asia

In 2024, the Hair Care market in Central Asia is projected to generate a revenue of US$0.73bn.
It is anticipated to experience an annual growth rate of 4.51% (CAGR 2024-2029).
When compared to other countries worldwide, in the United States leads in revenue generation, with a total of US$13,600m in 2024.
Furthermore, in terms of per capita income, each individual in Central Asia is expected to contribute US$9.24 to the total revenue in 2024.
"Central Asian consumers are increasingly opting for hair care products that are infused with natural ingredients, reflecting their preference for holistic and sustainable beauty solutions."

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

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Methodology

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.