The scalp care market comprises products such as shampoos, serums, and hair essences that are used to treat issues related to the scalp. These include dryness, itchiness, flaking, dandruff, and hair fall. Scalp care products contain ingredients like ketoconazole, piroctone olamine, zinc pyrithione, and coal tar which help maintain a healthy scalp and support hair growth.
The global Scalp Care Market is estimated to be valued at Us$ 14.8 Bn in 2023 and is expected to exhibit a CAGR Of 8.7% over the forecast period 2024 To 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The Global Scalp Care Market Demand for effective and natural hair care solutions is expected to propel the scalp care market growth over the forecast period. With rising disposable income and changing lifestyles, consumers are increasingly opting for natural scalp care products that contain herbal ingredients to maintain scalp health and treat problems like dandruff in a gentle manner. This is expected to boost the demand for organic and natural scalp care products made with ingredients like neem, tea tree oil, rosemary, peppermint, and lavender oils during the forecast period.
SWOT Analysis
Strength: Scalp care products offer nourishment and care for the scalp. They prevent hair thinning, dandruff and other scalp related issues.
Weakness: Expensive nature of some premium scalp care products makes them unaffordable for the masses. Availability is also an issue in rural areas.
Opportunity: Growing awareness about scalp and hair health presents an opportunity for new product launches and innovations. Rising disposable income further boosts the market scope.
Threats: Entry of private labels and cheap substitutes pose pricing pressure on established brands. Strict regulations for new product approval also act as a deterrent.
Key Takeaways
The Global Scalp Care Market is expected to witness high growth. It was valued at US$ 14.8 Bn in 2024 and is projected to reach US$ 28.4 Bn by 2030, expanding at a CAGR of 8.7% during the forecast period. The market growth can be attributed to rising consumer awareness about scalp health and proliferating product range.
Regional analysis comprises North America dominates the global scalp care market currently due to high consumer spending on personal care products and rigorous research & development activities. Asia Pacific follows with a substantial market share and is forecast to witness the fastest growth during the analysis period on back of expanding middle-class population and increasing uptake of premium hair care routines.
Key players operating in the Scalp Care market are Illumina, Inc., Eurofins Scientific, PerkinElmer, Inc., F. Hoffmann-La Roche AG, Natera, Inc., Yourgene Health Plc., Laboratory Corporation of America Holdings (LabCorp), BGI Group, and Quest Diagnostics Incorporated. These companies focus on expanding their geographic presence and launching innovative product formulations to strengthen their market position.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
About Author - Money Singh
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc. LinkedIn Profile