The global hair serum ingredient market is projected to reach a value of USD 1,171.36 million in 2022, with an anticipated CAGR of 9% during the forecast period from 2022 to 2032. By 2032, sales of hair serum ingredients are expected to climb to USD 2,772.96 million.
Hair serums are nourishing liquids that have gained popularity primarily among women. However, with the increasing penetration of the internet and the growing influence of social media, their use is also rising among men. Typically formulated with silicones, these serums provide protection for hair fibers.
The smooth layer of protection offered by hair serums enhances shine and texture. Growing advertisements in media and beauty salons have significantly boosted their popularity in the global market. Additionally, endorsements by celebrities and social media influencers are expected to further drive demand for hair serums and their ingredients.
Market players are increasingly focusing on the production of organic hair serum ingredients, which are likely to create numerous opportunities during the forecast period. As the cosmetic industry expands globally, new product launches are anticipated, further stimulating growth. Moreover, advancements in technology are making these products more affordable and accessible, allowing them to penetrate previously untapped markets and benefiting the overall market in the future.
Increasing disposable income, changing hairstyle trends, population growth, and the rising roughness of hair due to air pollution have all significantly contributed to market expansion during the forecast period. Additionally, the growing use of professional haircare products in developed regions and the increasing demand for organic hair serums are expected to further drive industry growth.
Concerns about hair fall and the desire for healthy hair are likely to enhance the demand for hair serum ingredients during this period. Moreover, the production of paraben-free hair serums and heightened R&D focused on product innovation are expected to provide a substantial boost to the market. The rising number of male consumers is also projected to support industry growth.
Key Companies Profiled
- Mystic Moments
- Naturallythinking Pure Spa Aromatherapy
- Essential Wholesale & Labs
- Parchem fine & Specialty Chemicals
- Ingredients To Die For
- Aroma Alternatives Co. Ltd.
- Pharmacos
- Composition Materials Co., Inc.
- N-ESSENTIALS
- Fa. Rosarome
- Glamour Cosmetics
- Alexmo Cosmetics
- Gracefruit Limited
- VOYAGEUR SOAP & CO.
- Les Âmes Fleurs Inc.
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Key Segments Profiled in the Global Hair Serum Ingredient Market
Ingredient Type:
- Hair Serum Parabens
- Hair Serum Sealants
- Hair Serum Silicones
- Hair Serum Proteins
- Hair Serum Essential Fats and Oils
- Hair Serum Fragrances
- Hair Serum Alcohol
Nature:
- Conventional Hair Serum
- Natural Hair Serum
Sales Channel:
- Direct Hair Serums Ingredient Sales
- Indirect Hair Serums Ingredient Sales
- Specialty Stores
- E-Commerce
- Others
Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
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