Market Insights Consumer Beauty & Personal Care Personal Care

Hair Care - G7

In 2024, the Hair Care market in G7 countries is projected to generate a revenue of US$30.92bn.
It is expected to exhibit an annual growth rate of 1.39% (CAGR 2024-2029).
Among the G7 countries, in the United States leads in terms of revenue, with US$13,600m in 2024.
When compared to the total population, the per person revenue in 2024 amounts to US$39.73.
In Canada, the hair care market is witnessing a growing demand for natural and organic products.

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

Market

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Region comparison

Currency

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.