05 - 06 June 2024 in Munich CosmeticBusiness

News

News

07/11/2022 CosmeticBusiness

Germany is Europe’s No. 1 in Hair Styling

The Growth Rate Will Develop From Here Within the Next Years

The hair styling products market share in Europe is expected to grow by 1.43 billion US-dollars, accelerating at a CAGR of 4.87 per cent during the forecast period 2022 to 2026. According to a new research report of Technavio, Germany is the key market for hair styling products in Europe. 36 per cent of the market's growth reportedly will originate from Germany during the forecast period. The analysts see the presence of many spas as one reason for the hair styling products market growth in Germany. In Europe, innovation and portfolio extension leading to product premiumization will be a significant factor in driving the growth of the Hair Styling Products Market, the authors say. Furthermore, the growing demand for natural and organic hair styling products is said to be the major hair styling products market trend in Europe which will positively influence the market value. Further information …

Adobe Stock, JackF
Back to all news