| Market Research A to Z | Company Profiles A to Z | Register | Contact Us |
| +44 (0) 203 086 8600 Call us on |
UK hair care market to increase by a CAGR of 1%
Industry Sector |
Consumer Goods |
Published |
16 July 2012 |
Author |
Matt Bodimeade |
Type of News |
Market |
Looking ahead to 2016, value sales within the UK hair care market have been forecast to increase by a CAGR of 1% in constant value terms, to reach a value of £1.5 billion. Market growth is set to be attributed to new forms of innovation, better quality ingredients (following the herbal/organic trend) and greener packaging, but also to consumers continuing the trend to treating themselves to good quality hair care at home rather than in the salon.
The UK hair care market experienced a compound annual growth rate (CAGR) of 3% in value terms throughout 2011, to reach a market value of £1.4 billion.
Standard shampoo remained the largest segment within the UK hair care market, experiencing a CAGR of 4% from 2010 to record a sales value of £405 million. No matter the economic conditions, consumers will continue to buy and use shampoo, while also keeping an eye out for promotions such as "buy one for £3.50 or buy two for £5". These offers seem to have had a great impact on the UK hair care market, and have proven successful with many manufacturers.
Colourants became the fastest growing segment of the UK hair care market in 2011, recording a CAGR of 7%. Due to recent innovations within this sector, hair dye has been made less tricky to use at home, meaning it is now easier to create and maintain a look from home without breaking the bank and without the need to go to a salon as often.
Proctor & Gamble UK Ltd remained the number one brand within the UK hair care market in 2011, recording a value share of 24% and total market sales of £333 million. Its five best performing brands accounted for 23% of hair care sales. The category in which it held the strongest share was shampoo, with value sales reaching £147 million, led by Pantene. In 2011, L'Oréal (UK) Ltd ranked number two within the UK hair care market, with a 15% market share and total sales of £204 million.
For more information on the UK hair care market, see the latest research: UK Hair Care Market Report
Follow us on Twitter @CandMResearch
Visitor Comments
|
All posts are pre-moderated and must obey the house rules. |
|
Competitor Tracking
Do you need to track your competitors and customers on a continuous basis? We have the expertise to provide you with a cost-effective, fully customised competitor tracking portal, which collates data on your competitors on a continuous basis. Contact us for a free consultation and demonstration.
Become an Affiliate
Do you manage an industry specific website or blog? Are you looking to monetise your web traffic further? Are you a B2B website?
Why not offer your visitors industry specific strategic market reports and company profiles? Our Affiliate Program enables you to provide quality content on your website and to earn money from passing on visitors to our website.
Custom Research
Cannot find what you need? We can tailor a report for you. Complete the Custom Research Form and we will provide a quote.
News
Global perfume market driven by the demand for celebrity inspired scents
Global disinfectants market to hit a value of $3.7 billion by 2018
Herbal remedies market to be worth $107 billion by 2017
Procter & Gamble continue their dominance of the UAE men's grooming market
Traditional toys market to increase at a CAGR of 6.5% over the next five years
Market Insights
Czech Republic Cosmetics and Toiletries Market 2011
