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According to #TechSci Research report, Saudi Arabia Hair Care Market is driven toward esteemed growth with an impressive CAGR by 2026 on account of rapidly rising demand from the male consumers.<br>Gain More Insight: https://bit.ly/3L6bsG6<br>Get Sample Report: https://bit.ly/3AZdN0R<br>Press Release: https://bit.ly/3shcQgv<br>Website: https://www.techsciresearch.com/<br>Market Research News: https://techsciblog.com/
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2016 – 2026 SAUDI ARABIA HAIR CARE MARKET MARKET FORECAST & OPPORTUNITIES www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING
Scope of Report Product of Interest (POI): Hair Care Hair care is an overall term for hygiene and cosmetology involving the hair which grows from the human scalp, and to a lesser extent facial, pubic and other body hair. Hair care routines differ according to an individual's culture and the physical characteristics of one's hair. Market Segmentation REGIONS TYPE Western Region Year Range • Hair Spray Conditioner Shampoo Hair Oil Others • Northern & Central Region • • Eastern Region • • Review Period Southern Region • • 2016 – 2019 • Base Year DISTRIBUTION CHANNEL 2020 Traditional Stores Specialty Stores Online Others • Estimated Year • 2021 • Forecast Period • 2022 – 2026 2
Table of Contents S. No. Contents Product Overview (A brief description of the category and product inclusions considered under the scope of the study to give clear picture to the client about the product of interest.) 1. Research Methodology (Detailed description of the methodology used to conduct the research, Raw data backup, list of all secondary sources, List of respondents for primary surveys) 2. 3. Impact of COVID-19 on Saudi Arabia Hair Care Market 4. Executive Summary 5. Voice of Customer Saudi Arabia Hair Care Market Outlook, 2016-2026F (This chapter includes a brief overview of the product of interest market such as total market’s growth rate, expected growth rate, key growth levers, leading region, top grossing product types, etc. It includes more of a qualitative information about the market.) 6. 6.1. Market Size & Forecast 6.1.1. By Value 6.2. Market Share & Forecast 6.2.1. By Type (Hair Spray, Conditioner, Shampoo, Hair Oil, Others) 6.2.2. By Distribution Channel (Traditional Stores, Specialty Stores, Online, Others) 6.2.3. By Company (2019) 6.2.4. By Region 6.3 Market Map 7. Saudi Arabia Hair Spray Hair Care Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value 7.2. Market Share & Forecast By Distribution Channel 7.2.1. 3
Table of Contents S. No. Contents 8. Saudi Arabia Conditioners Hair Care Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value 8.2. Market Share & Forecast 8.2.1. By Distribution Channel 9. Saudi Arabia Shampoo Hair Care Market Outlook 9.1. Market Size & Forecast 9.1.1. By Value 9.2. Market Share & Forecast 9.2.1. By Distribution Channel 10. Saudi Arabia Hair Oil Hair Care Market Outlook 10.1. Market Size & Forecast 10.1.1. By Value 10.2. Market Share & Forecast 10.2.1. By Distribution Channel 4
Table of Contents S. No. Contents 11. Market Dynamics 11.1. Drivers 11.2. Challenges 12. Market Trends & Developments 13. Policy & Regulatory Landscape 14. Saudi Arabia Economic Profile 15. Competitive Landscape 15.1. Company Profiles 15.1.1. Company Details 15.1.2. Products & Services 15.1.3 Financials (As Reported) 15.1.4. Key Market Focus & Geographical Presence 15.1.5. Recent Developments 15.1.6. Key Management Personnel Strategic Recommendations (Based on the findings of the report strategic recommendations on how to enter and expand market share) 16. 17. About Us & Disclaimer 5
RESEARCH RESEARCH METHODOLOGY METHODOLOGY
Research Methodology Market Profiling Data Analysis Data Data Developing List of Respondents Formulating Questionnaire Collection Validation In-depth secondary research was conducted to determine top players in Saudi Arabia hair care market, overall market size and segmental market size. The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about Saudi Arabia hair care market. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. TechSci conducted interviews with industry experts and industry players for data collection and verification. In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide. List of industry players and industry specialists was developed. Primary Research Desk Research Company Analysis Actionable Insights ✓ ✓ Recent Developments Market Changing Aspects/Dynamics Government Policies Final Conclusion ✓ ✓ Data Filter & Analysis Business Solution Market Participants Key Strengths Research & Intelligence Data Collection ✓ Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews ✓ ✓ ✓ ✓ Primary Research Secondary Research Paid Sources LinkedIn TechSci Internal Database Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc. Factiva Hoovers ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 7
Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of Saudi Arabia hair care market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as rapidly rising demand from the male consumers following the trend of beauty and evolving standards. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in Saudi Arabia hair care market. Methodology Followed for Calculation of Market Size: Market Size by Value: Market size, in terms of value, for the year 2020 was calculated based on information collected through exhaustive • secondary research and primary surveys, with various key opinion leaders/stakeholders, such as automotive companies, distributors, suppliers, industry experts, and other industry participants. The team interviewed more than 40 – 50 automotive hair care companies, 180 – 200 end users, and 15 – 20 Industry experts and other value • chain stakeholders in Saudi Arabia hair care market to obtain the overall market size for 2016-2020, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data for 2016-2020. 8
Research Methodology Respondents were asked about the current and future market growth rates, market shares by type, by distribution channel, by company • and by each region. Removing the outlier responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders depending upon the type of hair care. Methodology Followed for Calculation of Market Shares: Market shares by type, by distribution channel, by company and by each region were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares, trends and recent development in the Saudi Arabia hair care market. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed for Forecasting: TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in • SPSS/Tableau Software. Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast Saudi Arabia • hair care market, TechSci Research used various forecast techniques such as: Moving Average ✓ Time Series Analysis ✓ Regression Analysis ✓ Econometric and Judgmental Analysis ✓ 9
Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long-term period to estimate and analyze the market demand scenario. It should be noted that the figures compiled are only for the organized market including market share data. Partial List of Companies Interviewed Key Secondary Sources Arabian Oud World Bank ▪ ▪ L'Oréal KSA TechSci Research Proprietary Database & Knowledge ▪ ▪ Oriflame Saudi Arabia Repository ▪ Unilever Arabia Company Annual Reports ▪ ▪ Procter & Gamble Saudi Arabia Industry Magazines ▪ ▪ Avon Beauty Arabia Industry Reports ▪ ▪ Sephora Saudi Arabia Statista ▪ ▪ Shiseido KSA News Dailies ▪ ▪ Dior Beauty KSA Credible Paid Databases ▪ ▪ The Estée Lauder Companies Inc. ▪ 10
Industry Brief Increased working female population is driving the growth of Saudi Arabia Hair Care Market, in the forecast period, 2021-2026. According to TechSci report on, “Saudi Arabia Hair Care Market By Type (Hair Spray, Conditioner, Shampoo, Hair Oil, Others) By Distribution Channel (Traditional Stores, Specialty Stores, Supermarket/ Hypermarkets, Online, Others) By Region, Competition Forecast & Opportunities, 2026”, Saudi Arabia hair care market has shown promising growth in historical years until 2019 and is expected to continue its growth in upcoming forecast years 2020 to 2026. Saudi Arabia hair care market owes its growth to the factors like rising demand of trendy and hair texture maintaining products. The increasing pollution levels, urbanizing cities, have multiplied the toxin levels and their pollutants are highly toxic for human hair. The consumers often suffer from the receding hair line, damaged hair, severe hair fall, and damaged root ends. These issues have created demand for hair care products and services in the recent year and is aiding the growth of Saudi Arabia hair care market in the upcoming five years. The Saudi Arabia hair care market is segmented by type, distribution channel, competitional landscape, and regional distribution. Based on type, the market is further segmented into hair spray, conditioner, shampoo, hair oil, and others. Hair shampoos are anticipated to hold the largest shares of the market on the account of extended range of products available in the market. Moreover, same brand is often launching new products with specificity of their functioning on the various texture and conditioning of the hair thereby supporting the growth of Saudi Arabia hair care market in the next five years. Hair conditioners are often sold as a package deals with the shampoo by various brand that plays significant role in the growth of the market segment. Rising standards of beauty, use of artificial products for the maintenance of the hair conditions and flow in the open environment is aiding to the impressive growth of hair sprays. Moreover, factors like being used by celebrities and influencers on media platforms in further inclining the consumer toward purchasing hair spray. Thus, its safe to say, hair spray might register fastest growing CAGR growth rate in the upcoming five years on the account of the mentioned factors. Based on distribution channel, the market is further bifurcated into traditional stores, specialty stores, supermarket/ hypermarkets, online, and others. Supermarkets/ hypermarkets are the highest revenue shares holding distribution channel. The segment growth can be reasoned with the availability of the wide range of products and ranges from a single brand. The consumers may choose feeding their preferences. Online distribution channel is anticipated to register fastest growth in the subsequent years of forecast on the account of rapidly increasing online retail stores and online beauty and personal care stores. Also, during the pandemic situation, online shopping became easier for the consumers and with home delivery and online payment like services the market is booming and is anticipated for impressive growth in the future five years. A partial list of market player in the Saudi Arabia hair care market includes Arabian Oud, L'Oréal KSA, Oriflame Saudi Arabia, Unilever Arabia, Procter & Gamble Saudi Arabia, Avon Beauty Arabia, Sephora Saudi Arabia, Shiseido KSA, Dior Beauty KSA, The Estée Lauder Companies Inc., among others. These market players hold larger shares of the market than the new market players. With the evolving technology, it is appropriate to say that the effective research and development of the advanced products would support the market growth and benefit the market players as well as the consumers. New market players may focus on the research and development to provide products that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments “Saudi Arabia hair care market is showing robust growth on the grounds of rising trend of owning colored hair among the young population. Disposable income, inclination toward following recent trends, and increased male grooming consumers is aiding to the growth of the market. New market players entering the market may focus on the research and development of the advanced products that allows the consumers to try out various hair styles, coloring and treatment but still maintains the health of the hair. Brand establishment would flourish with wider range of products and services in the subsequent five years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. 11
Sample Data - Snapshot Saudi Arabia Hair Care Market Size, By Value (USD Million), 2016–2026F 15.00 14.00 13.00 12.00 11.00 10.00 9.00 8.00 7.00 6.00 5.00 CAGR By Value YY% CAGR By Value XX% 2016 2020 2021E 2026F Saudi Arabia Hair Care Market Share, By Type, By Value, 2016 & 2026F Hair Spray Conditioner Shampoo Hair Oil Others 20% 20% 20% 20% 20% 2026F 20% 20% 20% 20% 20% 2025F 20% 20% 20% 20% 20% 2024F 20% 20% 20% 20% 20% 2023F 20% 20% 20% 20% 20% 2022F 20% 20% 20% 20% 20% 2021E 20% 20% 20% 20% 20% 2020 20% 20% 20% 20% 20% 2019 20% 20% 20% 20% 20% 2018 20% 20% 20% 20% 20% 2017 20% 20% 20% 20% 20% 2016 Saudi Arabia Hair Spray Hair Care Market Share, By Distribution Channel, By Value, 2016 & 2026F Traditional Stores Specialty Stores Online Others 25% 25% 25% 25% 2026F 25% 25% 25% 25% 2025F 25% 25% 25% 25% 2024F 25% 25% 25% 25% 2023F 25% 25% 25% 25% 2022F 25% 25% 25% 25% 2021E 25% 25% 25% 25% 2020 25% 25% 25% 25% 2019 25% 25% 25% 25% 2018 25% 25% 25% 25% 2017 25% 25% 25% 25% 2016 12
Report Ordering Report Name: SAUDI ARABIA HAIR CARE MARKET MARKET FORECAST & OPPORTUNITIES 2016 – 2026 License Type Single User License Price $3500 Multi-User License Custom Research License $4500 $7500 To View Sample OR Purchase Report 13
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