Portland, OR, Feb. 13 2020 (GLOBE NEWSWIRE) — A new report added by Big Market Research states that the global hair serum market is expected to reach $1,612.9 million by 2026 and grow at a growth rate of 8.4% from to 2019 till 2026. The report outlines the potential of the global hair serum industry and offers statistics and data on market dynamics, growth factors, key challenges, key drivers & restraints, and opportunities. for the estimated period.
According to the report, electronics companies in Asia are developing efficient fixtures due to which there is an increase in the adoption of high performance hair serum. Moreover, an increase in the adoption of electric cars is observed in emerging economies due to the increase in pollution and the volatility of fuel prices. Hence, all these factors are expected to fuel the growth of the market and provide a lucrative growth opportunity for market players.
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The report segments the Global hair serum market by nature, type of product, distribution channel and region. Based on nature, the report classifies the market into organic and conventional. On the basis of product type, the report splits the market into Hair Treatment Serum and Styling Serum. By distribution channel, the report splits the market into online and offline. Regionally, the market is studied in Europe, Asia-Pacific, North America, and LAMEA.
The report also lists some of the major players operating in the global hair serum market. Key players profiled in the report leading the global hair serum industry are John Paul Mitchell, L’Oreal, Inc., Kao USA Inc. (John Freida), Revlon Consumer Products Corporation, Henkel Corporation, Giovanni Cosmetics, Inc. , Unilever Inc. ., Herstyler, Industrias Asociadas SL, Redken and others. The research report offers the performance of each player operating in the global market. These market players have implemented several strategies to increase their market share and strengthen their position in the industry.
This report is an excellent source of information offering answers to all questions faced by industry players such as manufacturers, partners, end users and investors. Moreover, it helps in planning investments and taking advantage of market opportunities. In addition to this, the report features Porter’s Five Forces analysis which helps to demonstrate the power of buyers and suppliers in the industry.
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The report clearly indicates that the global hair serum industry has witnessed substantial growth since 2019. This report is prepared based on a comprehensive assessment of the industry by professionals.
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