Growing popularity and availability of luxury organic hair care products are expected to drive market expansion in the near future at a CAGR of 8.50% during the forecast period 2024 to 2032

Market Research Future (MRFR) has published a cooked research report on the “Global Luxury Hair Care Market” that contains information from 2024 to 2032. The luxury hair care market is estimated to register a CAGR of 8.50% during the forecast period of 2024 to 2032.

MRFR recognizes the following companies as the key players in the global luxury hair care market - PHILIP KINGSLEY PRODUCTS LTD., L’Oréal Groupe, KEVIN.MURPHY, SEVEN, LLC, Alcora Corporation, Kao Corporation, EstéeLauder Companies, Inc., KOSÉ Corporation, Jose Eber, and RAHUA.

Luxury Hair Care Market Highlights

The global luxury hair care market is accounted to register a CAGR of 8.50% during the forecast period and is estimated to reach USD 41.4 billion by 2032.

The millennial generation is driving the luxury hair care market, so luxury hair care firms are putting more of an emphasis on packaging design to appeal to them. Women have become more prevalent in the workforce in recent years, which has led to an increase in the discretionary income that they spend on grooming and appearance. The intense professional competition across a range of industries has led to a growing luxury hair care market, where people now view appearance as a crucial component of personality.

Segment Analysis

The global luxury hair care market has been segmented into product, price range, and distribution channel.

On the basis of product, the market is segmented into Shampoos, Hair Coloring Products, Conditioners, Hair Oil, Hair Styling Products, and Others. The shampoos segment was attributed to holding the largest market share in 2023. Shampoos are a crucial component of the regimen for personal hygiene. The growing frequency of hair-related issues such as dandruff, dry hair, oily scalps, and hair loss is said to be the cause of the rising need for shampoos. Environmental issues, including increasing pollution, might be detrimental to the health of the hair and scalp, which will support the segment's growth even more.

Based on price range, the global luxury hair care market has been segmented into USD 30 to USD 65, USD 65 to USD 100, USD 100 to USD 150, USD 150 to USD 200, and Above USD 200. The USD 30 to USD 65 segment was expected to hold the largest market share in 2023. The USD 30 to USD 65 range of luxury hair care products makes use of cutting-edge technologies and creative formulations. In order to provide customers with cutting-edge solutions, they could contain components with particular advantages like anti-aging qualities, heat protection, or environmental defense.

Based on distribution channel, the global luxury hair care market has been segmented into Hypermarkets & Supermarkets, Specialty Stores, Pharmacy & Drugstore, Online, and Others. The specialty stores segment was expected to hold the largest market share in 2023. With their unique selection of products and on-site guidance, specialty stores enable customers to make judgments on what to buy quickly. In order to draw in more consumers, these establishments place a strong emphasis on visual merchandising and designing elaborate product displays. Customer interactions that take place in-store are important because they foster enduring brand loyalty.

Regional Analysis

The global luxury hair care market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe luxury hair care market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The luxury hair care market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World luxury hair care market comprises the Middle East, Africa, and Latin America.

The largest market share for luxury hair care was maintained by the North American regional sector. Increasing spending on hair styling goods and growing customer interest in high-end hair care products are some of the main drivers of product demand in the area. One of the key markets for premium hair care in North America is the United States. Since the majority of North American nations have had rapid economic expansion over the years, its consumers have more purchasing power and can afford to purchase upscale hair care and other cosmetics.

Moreover, the Europe market has been persistently growing over the forecast period. In Europe, the market for high-end natural and organic hair care products is expanding quickly. A growing number of scalp-related problems, such as hair loss and itching, have led European customers to turn toward organic and natural luxury hair care products. Producers are trying to supply products made with natural components in response to consumers' changing preferences for organic and herbal products. For instance, in 2019, L'Oréal (France) debuted a "new generation" line of professional hair care products that are exclusively available in salons.

Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period. The prosperous economies of Asia have led to a rise in disposable income, which has enabled consumers to invest more funds into personal care products, particularly those for hair care. The region is now home to upscale multinational companies thanks to the recent economic boom. For instance, China and Singapore have allowed Nuggela Sule, a well-known hair care brand in its native Spain, to effectively enter the Asian market and take the top spot for its shampoo on Amazon. The brand aims to capitalize on unexplored prospects in developing nations such as Vietnam, Taiwan, and Indonesia as it expands its market share in these areas.

Furthermore, the rest of the world's luxury hair care market is divided into the Middle East, Africa, and Latin America. The luxury hair care market is growing in the rest of the world, as top brands are drawing in customers by launching and developing new products. Solutions for scalp problems, hair loss, and thinning hair are becoming more and more appealing to women. Women in the area have come to value hair care products that encourage healthier, thicker hair, faster hair development, damage repair, and deep nurturing. The outcome has been a rise in sales of luxury hair care brands.

Key Findings of the Study

• The global luxury hair care market is expected to reach USD 41.4 billion by 2032, at a CAGR of 8.50% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market. A rise in disposable income brought forth by Asia's wealthy economies has allowed customers to spend more money on personal care items, especially hair care products.


• Based on the price range, the USD 30 to USD 65 segment was attributed to holding the largest market in 2023, with an approximate market share of 37%.

PHILIP KINGSLEY PRODUCTS LTD., L’Oréal Groupe, KEVIN.MURPHY, SEVEN, LLC, Alcora Corporation, Kao Corporation, EstéeLauder Companies, Inc., KOSÉ Corporation, Jose Eber, and RAHUA are the key market players.