Hair Care Market in Colombia to Grow by USD 120.88 Mn| Technavio – PRNewswire

The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

The report also covers the following areas:

Hair Care Market in Colombia 2022-2026: Segmentation

By product, the hair care market in Colombia has been segmented into shampoo, conditioner, hair color, and others. The shampoo segment will have significant market share growth during the forecast period. Shampoos help in the rejuvenation of the hair by protecting against the damage caused by pollution, ultraviolet (UV) rays, and harmful chemicals. Natural shampoos are gaining popularity in the US, with key players launching natural products by focusing on consumers’ needs and preferences. Therefore, the factors mentioned above are expected to propel the segment’s growth during the forecast period.

By distribution channel, the market has been segmented into offline and online. The offline segment will have significant market share growth during the forecast period. Hair care products are primarily sold through the offline distribution channel, which includes different retail formats such as specialty stores; hypermarkets, supermarkets, convenience stores, and warehouse clubs; and others such as drugstores, salons and spas, and department stores.

Learn more about the contribution of each segment of the market, Download a Free Sample

Hair Care Market in Colombia 2022-2026: Vendor Analysis

To help businesses improve their market position, the hair care market in Colombia provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Beiersdorf AG, Colgate-Palmolive Co., Henkel AG and Co. KGaA, Laboratorio Maria Salome S.A.S., LOccitane International SA, LOreal SA, Miracles Group, The Avon Co., The Procter and Gamble Co., and Unilever Group.

The influence through social media and blogging, innovation and portfolio extension leading to product premiumization, and increase in demand for male grooming products will offer immense growth opportunities. However, factors such as the growing penetration of DIY hair care solutions may threaten the growth of the market.

Get lifetime access to our Technavio Insights. Subscribe now to our most popular “Lite Plan” billed annually at USD 3000. View 3 reports monthly and Download 3 Reports Annually!

Hair Care Market in Colombia 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist hair care market growth in Colombia during the next five years
  • Estimation of the hair care market size in Colombia and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the hair care market in Colombia
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of hair care market vendors in Colombia 

Related Reports:

Hair Spray Market by Product and Geography – Forecast and Analysis 2021-2025

Hair Care Market in Brazil by Product and Distribution Channel – Forecast and Analysis 2022-2026

Hair Care Market In Colombia Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 4.88%

Market growth 2022-2026

USD 120.88 million

Market structure

Fragmented

YoY growth (%)

5.97

Regional analysis

Colombia

Performing market contribution

Colombia at 100%

Key consumer countries

Colombia

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Beiersdorf AG, Colgate-Palmolive Co., Henkel AG and Co. KGaA, Laboratorio Maria Salome S.A.S., LOccitane International SA, LOreal SA, Miracles Group, The Avon Co., The Procter and Gamble Co., and Unilever Group

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

For more valuable insights, Download Latest Free Sample Report

Table of Contents

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: Forecast for 2021 – 2026

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Shampoo – Market size and forecast 2021-2026
  • Conditioner – Market size and forecast 2021-2026
  • Hair color – Market size and forecast 2021-2026
  • Others – Market size and forecast 2021-2026
  • Market opportunity by Product

Market Segmentation by Distribution channel

  • Market segments
  • Comparison by Distribution channel
  • Offline – Market size and forecast 2021-2026
  • Online – Market size and forecast 2021-2026
  • Market opportunity by Distribution channel
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Beiersdorf AG
  • Colgate-Palmolive Co.
  • Henkel AG and Co. KGaA
  • Laboratorio Maria Salome S.A.S.
  • LOccitane International SA
  • LOreal SA
  • Miracles Group
  • The Avon Co.
  • The Procter and Gamble Co.
  • Unilever Group

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

Source: https://www.prnewswire.com/news-releases/hair-care-market-in-colombia-to-grow-by-usd-120-88-mn-technavio-301480745.html

Leave a Reply

Your email address will not be published. Required fields are marked *