China Hair Care Market Research Report 2019-2025


Posted August 23, 2019 by SarahDavis

Market Reports on China Provides the Trending Market Research Report on “China Hair Care Market Report 2019-2025”under Consumer Goods Category.

 
Market Reports on China Provides the Trending Market Research Report on “China Hair Care Market Report 2019-2025”under Consumer Goods Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

The China Hair Care Market is expected to display an upward trend and is estimated to grow at a CAGR of 0.94% in terms of revenue over the forecast duration of 2019 to 2025.
With increasing public awareness for personal grooming and their rising disposable incomes, more consumers in 2018 traded up to premium hair care products in China, in turn, driving up average unit price. To meet these changing consumer demands, more high-end brand manufacturers sought to strengthen their distribution, for example, by setting up flagship stores on leading online platforms. The largest B2C online platform in China, Tmall.com, saw the opening of the official flagship store of the traditional salon brand Kérastase.

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Amidst the domestic economic downturn and an uncertain global economy, many manufacturers adopted a low-price strategy to drive sales and secure their share.
Standard shampoos were affected the most as manufacturers had to offer heavy discounts due to category saturation. The shampoos posted the strongest growth during the forecast period albeit from a relatively small base, driven by consumers’ increasing consciousness of the importance of medicated products when treating hair problems such as dandruff and hair loss.

COMPETITIVE OUTLOOK
The major competitors in the China hair care market are La Fang International Group, L’Oréal China, Beiersdorf Hair Care, Henkel (China) Co., Ltd., Unilever China Ltd. and Procter & Gamble.

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http://www.marketreportsonchina.com/marketreports/china-hair-care-market-2019-2025/1746394

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Market Reports on China is thus the one-stop solution for the entire market research requirements with regards to China.We provide you with insight and analysis on the country’s economic outlook at the national, regional and city level, presenting deep understanding of disparities and evolutionary paths. Get a complete, consistent and concise view of your markets with comprehensive industry reports. Our latest regional databanks, forecasts, and detailed risk ratings will help you to identify risk and opportunities in every industry and develop strategic plans to deal with the competitiveness in the Chinese market.

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Issued By sarahdevis
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Country China
Categories Business
Tags china hair care market analysis , china hair care market growth
Last Updated August 23, 2019