The next big hair care industry: What you need to know
With more than a billion people, the hair care business is one of the most important industries in the world.
It is responsible for almost half of the global economy.
The main players are global brands, like Aeon, which makes products for the cosmetics and fragrances industries; and global brands like Coty and L’Oreal, which make products for consumer brands.
In 2015, the global hair care market grew by 10.5 percent.
In 2020, it was projected to grow by 6.7 percent.
And, it is expected to reach $12.6 trillion by 2021.
The market is also booming.
According to the International Council of Hair Care, the number of companies that sell hair care products rose by nearly 2,000 in the first nine months of 2018.
The number of brands has increased by more than 50,000, with the total global market worth $15.9 trillion.
For some, the success of these companies and their growth is not just a good thing.
In 2017, the American Council of Dermatology reported that the number one brand in the United States, L’Oréal, was worth $4.9 billion, with other companies like L’Étoile, Burt’s Bees, and Pampers being worth more than $2 billion each.
In 2018, the average annual revenue for the top 20 global brands was $2.3 billion, according to Euromonitor International.
But this is not the only sector that is booming.
In the United Kingdom, the market for hair care has grown more than 15 percent, according the Hair and Makeup Industry Association (HIMA).
And the market in Germany is also growing.
According the German Association of Hair Products, in 2020, the value of hair care product sales in Germany grew by 17 percent, from $1.3 trillion to $1,800 billion.
The growth is even faster in the Netherlands.
In 2021, the Netherlands was the top hair care consumer market with $2,965 billion in hair care sales.
And by 2024, the country’s population was expected to hit 3.5 million.
According a recent report by Euromonitors International, the UK is the leading hair care exporter, with more than one in four hair care businesses in the country.
Hair care companies are also taking a huge step towards the mass market.
In addition to cosmetics, other types of products are coming into the market, including body and face care, personal care, and skin care.
According TOI, in 2018, over a quarter of the hair and makeup market was imported.
The European Union has launched a global network of skin care brands to help develop the global market for cosmetics and skin products.
The group, which is comprised of major cosmetics companies, is trying to make it easier for consumers to buy cosmetics, especially by giving them access to the online cosmetics market, which now accounts for about 30 percent of the market.
And they have been pushing for more access to cosmetics online through its own network, which it started in 2015.
And while the growth of the cosmetics market in Europe is being driven by global brands such as L’oreal and Aeon and the hair-care market, the cosmetics industry is growing fast in the US.
According it to Euromoney, the US hair care and makeup industry is projected to hit $14.3 quadrillion by 2021, a 21 percent jump from 2018.
So, the beauty industry is definitely a hot topic.
It has already seen huge growth.
According IMG, the growth in the beauty sector in the U.S. in the year 2020 was almost double the market share for the year 2016.
The U.K. has been on the forefront of the growth and now it is leading the way in the global beauty market.
The beauty industry has also taken a significant step towards becoming a global leader in hair.
In 2019, the U,S.
was the second most dominant market for cosmetic hair care.
In India, the leading cosmetic hair brands, which include Aeon (the largest in India) and L.A. Makeup, were worth about $1 billion each, while China was the most dominant cosmetic hair brand, with $1 trillion in sales.
In 2030, the makeup industry was expected be worth $2 trillion.
In fact, the cosmetic hair market is expected, according IMG’s estimates, to reach more than 40 percent of global cosmetics sales by 2021 and more than half of all cosmetics sales worldwide.
And it is predicted to grow further.
According Euromoncer International, in 2021, cosmetics sales in the European Union, which includes the U., U.A., U.-S., and U.N., will reach $5.3 triillion, an increase of almost 70 percent.
The makeup industry, on the other hand, is expected only to reach half of its expected growth by 2021 as