01 Jul 2021
Though dry shampoo is witnessing a significantly non-penetrated white space, it has become quite popular among the adult population over the last decade, owing to its unique selling point of largely water-free cleansing. Fact.MR in its elaborate report on the market notes that prominent companies are using environment-friendly raw materials to manufacture dry shampoos, and target customers in the mid-price segment. Competing with established products in the hair care industry, dry shampoo is largely preferred by consumers in water stressed urban clusters. On the back of these factors, Fact.MR projects the dry shampoo market to exhibit over 5% CAGR over the forecast period (2019-2027).
“The existence of a large total addressable market (TAM) for dry shampoo is expanding with the growing consumer base for regular shampoo. While catering to a large segment of users for premium cosmetic products, dry shampoo is charting a new course of growth amid the middle-income group.”, says the Fact.MR analyst
The market for dry shampoo is consolidated, characterized by high competition, given the relatively low market revenue. Key players in the industry are focusing on increasing their product availability on virtual shelves, as personal care products have witnessed a significant spurt in growth through this sales channel.
Fact.MR, in its new offering, brings to fore an unbiased analysis of the global dry shampoo market, presenting historical demand data (2014-2018) and forecast statistics for the period, 2019-2027. The study divulges compelling insights on the dry shampoo market on the basis of form type (spray form and powder form), function (anti-dandruff, color protection, hair loss prevention, others function), demographic (men, women and kids), distribution channels (modern trade, convenience store, specialty store, drug store, online, and others) across six major regions.
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Dry Shampoo Market
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