Market Forecast By Type (Product, Services), By Product Type (Shampoo, Hair Color, Conditioner, Hair Styling Product, Hair Oil, Hair Spray, Hair Gel, Others), By Distribution Channel (Online Stores, Hypermarkets, Direct Selling) and Competitive landscape
Product Code: ETC003495 | Publication Date: Aug 2020 | Updated Date: Sep 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Argentina Hair Care market currently, in 2023, has witnessed an HHI of 4179, Which has decreased slightly as compared to the HHI of 5781 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Argentina Hair Care Market |
Forecast period | 2024-2030 |
CAGR | 8% |
Growing Sector | Personal care and beauty |
The Argentina Hair Care Market report extensively covers the market by product, services, product type, and distribution channel. This report provides an impartial and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers that would help stakeholders devise and align their market strategies according to the current and future market dynamics.
The Argentina Hair Care Market is projected to witness significant growth in the forecast period. The increase in consumer awareness about hair hygiene, desire for a stylish appearance, and initiatives by different brands promoting the use of personalized hair care products are driving the market growth.
According to 6Wresearch, the Argentina Hair Care Market is estimated to grow at a CAGR of 8% during the forecast period.Β The demand for hair care products is driven by the rising concern over hair health and beauty amid the growing fashion trends and the increasing number of beauty salons, online stores, and hypermarkets. With the rise in awareness about hair hygiene, people are becoming more conscious about maintaining hair health, leading to a higher demand for hair care products. Moreover, companies across the country have also launched initiatives promoting the use of hair care products, further boosting market growth. Additionally, the growing number of beauty salons in Argentina is also fueling the demand for hair care products, as these platforms offer various hair treatment and styling services.This factor is also contributing to the growth of the hair care market in Argentina.
Despite the growth in the market, certain challenges can hinder the market growth. The primary challenge is the high cost associated with premium hair care products. This can limit their adoption in budget-conscious sectors and regions. Additionally, there may be concerns regarding the effectiveness of certain hair care products, leading to slower market penetration in some areas. Another challenge for the market is competition from traditional hair care methods that are widely available at a lower cost.
Key players in the Argentina Hair Care market include companies like L'OrΓ©al, Procter & Gamble, Unilever, Kao Corporation, Henkel AG & Co. KGaA, Beiersdorf, and Amorepacific Corporation. These companies are focusing on Research and Development activities to bring innovative and efficient products and expand their market reach. Currently, L'OrΓ©al holds the largest share in the market.
The Argentina Hair Care market is regulated by the Government of Argentina, which ensures consumer safety and product quality. Additionally, various laws and regulations are in place to monitor the ingredients used in hair care products and their labelling. The government also encourages the use of natural and organic ingredients in hair care products. The Argentinian National Administration of Drugs, Foods, and Medical Devices (ANMAT) oversees the registration, import, manufacturing, and advertisement of hair care products in the country. Additionally, they regularly conduct inspections to ensure that all products comply with standards and regulations.
The Argentina Hair Care Market is expected to continue its growth trend during the forecast period, driven by factors such as increasing awareness about hair hygiene, rising beauty and fashion trends, and the availability of personalized hair care products. With a growing number of consumers looking for natural and organic options, there is also an increasing demand for eco-friendly hair care products in the market. The market is also expected to witness innovations and technological advancements in the form of personalized hair care products and sustainable packaging. Additionally, collaborations between manufacturers and beauty salons are expected to create new opportunities for market growth.
According to Dhaval, Research Manager, 6Wresearch, The product segment holds the dominant share in the Argentina Hair Care Market. This is due to the high demand for hair care products such as shampoos, conditioners, and styling products among consumers.
Hair colours hold a dominant share in the market due to their increasing use by individuals to cover up grey hair and to enhance their appearance.
The online stores segment is expected to hold the dominant share due to the convenience and variety of products they offer.
Table of Contents |
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Argentina Hair Care Market Overview |
3.1. Argentina Country Macro Economic Indicators |
3.2. Argentina Hair Care Market Revenues & Volume, 2020 & 2030F |
3.3. Argentina Hair Care Market - Industry Life Cycle |
3.4. Argentina Hair Care Market - Porter's Five Forces |
3.5. Argentina Hair Care Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6. Argentina Hair Care Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.7. Argentina Hair Care Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4. Argentina Hair Care Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Argentina Hair Care Market Trends |
6. Argentina Hair Care Market, By Types |
6.1. Argentina Hair Care Market, By Type |
6.1.1 Overview and Analysis |
6.2.2. Argentina Hair Care Market Revenues & Volume, By Type, 2020-2030F |
6.2.3. Argentina Hair Care Market Revenues & Volume, By Product, 2020-2030F |
6.2.4. Argentina Hair Care Market Revenues & Volume, By Services, 2020-2030F |
6.2. Argentina Hair Care Market, By Product Type |
6.2.1. Overview and Analysis |
6.2.2. Argentina Hair Care Market Revenues & Volume, By Shampoo, 2020-2030F |
6.2.3. Argentina Hair Care Market Revenues & Volume, By Hair Colour, 2020-2030F |
6.2.4. Argentina Hair Care Market Revenues & Volume, By Conditioner, 2020-2030F |
6.2.5. Argentina Hair Care Market Revenues & Volume, By Hair Styling Product, 2020-2030F |
6.2.6. Argentina Hair Care Market Revenues & Volume, By Hair Oil, 2020-2030F |
6.2.7. Argentina Hair Care Market Revenues & Volume, By Hair Spray, 2020-2030F |
6.2.8. Argentina Hair Care Market Revenues & Volume, By Others, 2020-2030F |
6.2.9. Argentina Hair Care Market Revenues & Volume, By Others, 2020-2030F |
6.3. Argentina Hair Care Market, By Distribution Channel |
6.3.1. Overview and Analysis |
6.3.2. Argentina Hair Care Market Revenues & Volume, By Online Stores, 2020-2030F |
6.3.3 Argentina Hair Care Market Revenues & Volume, By Hypermarkets, 2020-2030F |
6.3.4. Argentina Hair Care Market Revenues & Volume, By Direct Selling, 2020-2030F |
7. Argentina Hair Care Market Import-Export Trade Statistics |
7.1. Argentina Hair Care Market Export to Major Countries |
7.2. Argentina Hair Care Market Imports from Major Countries |
8. Argentina Hair Care Market Key Performance Indicators |
9. Argentina Hair Care Market - Opportunity Assessment |
9.1. Argentina Hair Care Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2. Argentina Hair Care Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.3. Argentina Hair Care Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10. Argentina Hair Care Market - Competitive Landscape |
10.1. Argentina Hair Care Market Revenue Share, By Companies, 2023 |
10.2. Argentina Hair Care Market Competitive Benchmarking, By Operating and Technical Parameters |
11. Company Profiles |
12. Recommendations |
13. Disclaimer |