Feb 13, 2020 (Market Insight Reports via COMTEX) --
The MarketInsightsReports has published the obtainability of a new statistical data to its repository titled as, Hair Styling Products Market. The report provides useful insights into a wide range of business aspects such as pillars, features, sales strategies, planning models, in order to be enable readers to gauge market scope more proficiently. Furthermore, the report also sheds light on recent developments, in addition to distinctive tools, and methodologies that will help to propel the performance of industries.
The Asia-Pacific Hair Styling Products market is expected to reach USD 2.06 billion by 2023
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June 2018 – HUL classic men-grooming brand Brylcreem launched a range of hair styling creams, gel, hair wax, three in1shampoo, and Beard grooming products in India after its partnership with India�s leading online shopping site Amazon. The company aims to strengthen e-commerce sale and to expand its presence in men grooming sector.
The Asia-Pacific Hair Styling Products market is very competitive with many regional brands continue to compete with foreign brands. Well established presence of multinational brands is focusing on product innovation while new entrants are targeting quality and high-performance products.
Japan the Largest Market
Japan remains the dominant market for hair styling product driven by increased consumer spending on fashion products. Recovered Japanese economy due to healthy corporate profits fueled the consumer spending on personal care products. Japan has the highest per capita spending on cosmetic products. Increased demand for men grooming products has fueled the hair styling products sale. Many Japanese brands are investing in the US, Europe and Brazil to expand their market presence after its massive success from domestic markets. J-beauty and K-beauty are the leading innovative cosmetics care in the region as well as the globe. J-beauty products which are the older is now re-entering the spotlight. The recent growth of Chinese tourists in Japan has boosted the Japanese personal care market. Japanese beauty has the fastest and efficient cutting-edge trends in personal care to bring to the market quickly compared to other regions. Increased elderly population resulting in hair thinning and demand for anti-aging hair styling products in Japan boosted the sale. South Korea is one of the significant hair styling products markets which is moving at a healthy growth rate of 4.2%. Thailand and Vietnam is another fastest growing market for hair styling products. Growing interest in�international hair care brands among Asians has fueled the hair styling products market growth.
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