North America Perms & Relaxants Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.11 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
North America Perms & Relaxants Market Analysis
North America Perms and Relaxants market is projected to grow at a CAGR of 4.11% during the forecast period 2020 - 2025.
- Increased preference for hairstyling, changing lifestyle, urbanization, and marketing and promotional activities are the primary factors fueling the market growth of perms and relaxants. Relaxants dominate the market due to increasing preference among women for a natural hairstyle.
- The growing number of young consumers who adopt various hairstyles appropriate for work are increasingly preferring relaxer-free natural hair. This trend is more dominant among the women population which are the primary consumers of relaxants.
North America Perms & Relaxants Market Trends
This section covers the major market trends shaping the North America Perms & Relaxants Market according to our research experts:
Relaxants dominate the market
The ongoing trends in the fashion world are fascinating the population of the larger economies of the region and the corresponding population is being readily inclined towards hair relaxing products. Furthermore, The trendy young consumers who adopt various hairstyles appropriate for work are increasingly preferring relaxer-free natural hair. This trend is more dominant among the women population which are the primary consumers of relaxants.
United States holds a Prominent Share in the Market Studied
The surge in demand for hair care products rise in the aging population, and an increase in hair fall problems is likely to contribute to the market growth during the forecast period in the United States. Moreover, increasing penetration of social media, magazines, and TV advertisements is encouraging consumers to purchase various hair styling products in boosting the perms and relaxants market in the region.
North America Perms & Relaxants Industry Overview
The declining trend for hairstyling due to consumer awareness of the harmful effects of chemicals is the primary factor that has negatively affected the market growth to an extent. However, this is the right platform for the manufacturers on which they can develop remedies to cater to the demands for safer products, as put forward by the hesitant customers. Moreover, the major players are opting to indulge in geographical expansions and partnerships in order to broaden their consumer base and strengthen their distribution networks.
North America Perms & Relaxants Market Leaders
-
L`Oreal S.A.
-
Henkel AG & Co KGaA
-
Makarizo International
-
Jotoco Corp.
*Disclaimer: Major Players sorted in no particular order
North America Perms & Relaxants Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables and Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
-
4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
-
5.1 By Product Type
- 5.1.1 Perms
- 5.1.2 Relaxants
-
5.2 By Distribution Channel
- 5.2.1 Supermarkets/Hypermarkets
- 5.2.2 Convenience Stores
- 5.2.3 Specialist Retailers
- 5.2.4 Online Stores
- 5.2.5 Other Distribution Channels
-
5.3 Geography
- 5.3.1 United States
- 5.3.2 Canada
- 5.3.3 Mexico
- 5.3.4 Rest of North America
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Position Analysis
-
6.3 Company Profiles
- 6.3.1 L`Oreal S.A.
- 6.3.2 Henkel AG & Co KGaA
- 6.3.3 Jotoco Corp.
- 6.3.4 Coty Inc.
- 6.3.5 Makarizo International
- 6.3.6 Kadus Professionals
- 6.3.7 Procter & Gamble Co
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
North America Perms & Relaxants Industry Segmentation
North America Perms and Relaxants market is segmented by product type, distribution channel, and geography. On the basis of product type, the market is segmented into Perms and Relaxants. On the basis of the distribution channels, the market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Specialist Retailers, Online Stores, and Others. On the basis of geography, the report provides a regional analysis, which includes the United States, Canada, Mexico, and the rest of North America.
| By Product Type | Perms |
| Relaxants | |
| By Distribution Channel | Supermarkets/Hypermarkets |
| Convenience Stores | |
| Specialist Retailers | |
| Online Stores | |
| Other Distribution Channels | |
| Geography | United States |
| Canada | |
| Mexico | |
| Rest of North America |
North America Perms & Relaxants Market Research FAQs
What is the current North America Perms and Relaxants Market size?
The North America Perms and Relaxants Market is projected to register a CAGR of 4.11% during the forecast period (2024-2029)
Who are the key players in North America Perms and Relaxants Market?
L`Oreal S.A., Henkel AG & Co KGaA, Makarizo International and Jotoco Corp. are the major companies operating in the North America Perms and Relaxants Market.
What years does this North America Perms and Relaxants Market cover?
The report covers the North America Perms and Relaxants Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Perms and Relaxants Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Perms and Relaxants Industry Report
Statistics for the 2024 North America Perms and Relaxants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Perms and Relaxants analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
