Singapore Professional Hair Care Market - Professional hair care product market in Singapore is estimated to reach $49.3 million by 2020

The report “Singapore Professional Hair Care Market by Categories (Coloring, Perming & Straightening, Shampoo & Conditioning & Styling); Sales Channel (Back Bar and Take Home) & by Company - Forecast (2015 - 2020)″,defines and segments the Singapore Professional Hair Care Market with an analysis and forecast of the market size.

Browse Market Data Tables, Figures spread through 51 pages and in-depth TOC on “Singapore Professional Hair Care Market by Categories (Coloring, Perming & Straightening, Shampoo & Conditioning & Styling); Sales Channel (Back Bar and Take Home) & by Company - Forecast (2015 - 2020)”.

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Professional hair care products are used by professionals/stylists for various hair services in the salon. These products are sold over the salon counter and also through retail stores such as specialty beauty stores, pharmacy stores, online and others. Professional hair care product market is segmented on the basis of services provided in salons such as coloring, shampoo & conditioners, perming & straightening and styling. Professional Hair Care Product market of Singapore is estimated to grow at a CAGR of 1.8% to reach $49.3m by 2020, according to a recent study from IndustryARC.

Singapore is a fully urbanized country with median age of the population being 33.8 years in 2014. Female population in the country accounts for 50.6%. 61% of the hair care salons fall under organized category whereas 66% of hair salons is located in the Central region of Singapore. Most of the customers visiting hair salons belong to the age group of 30-45. Personal care and grooming expenses comprised of around 3% of the monthly expenditure. Singapore is a duty free country, providing favorable conditions for market entry and attracts major hair care brands as the consumer spend on hair care is very high.

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Shampoo and conditioning products occupy the largest share in the market, followed by hair coloring segment. The hot and humid climatic conditions coupled with chemicals from services like straightening and rebonding is leading to hair damage. This is necessitating hair treatments such as scalp treatment and moisture treatment, which primarily involve usage of shampoos and conditioners. Sales of styling products are estimated to grow as consumers prefer to change their hair styles quite often and experiment with new looks.  An upsurge in perming service has been witnessed in the recent times, driven by the popular Korean pop and drama culture. This is resulting in the influx of huge number of professional hair care products from Korea and Japan.

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Following are the top 5 players/companies offering professional hair care products in Singapore:·    L’Oreal Group·    Shiseido Co., Ltd·    Procter & Gamble Co.·    Kao Corporation·    Henkel AG & Co

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L’Oreal is the market leader followed by Shiseido, Procter & Gamble Co., Kao, Hoyu and Henkel. The top 5 players accounted for more than 70% of the total market. Other international companies with considerable presence include Davines, Paul Mitchell, Aveda, Alfaparf, Mascolo Group and so on. Korean, Japanese and Chinese players such as Arimino, Milbon, Nakagawa and Q8 are gaining prominence with the trending perming style.

Related Reports:

1) Hong Kong Professional Hair Care Market: by Categories (Coloring, Perming & Straightening,     Shampoo & Conditioning & Styling); Sales Channel (Back Bar and Take Home) & by Company -     Forecast (2015-2020).    http://industryarc.com/Report/7404/hong-kong-professional-hair-care-market-report.html

2) China Professional Hair Care Market by Categories (Coloring, Perming & Straightening,     Shampoo & Conditioning & Styling); Sales Channel (Back Bar and Take Home) & by Company -     Forecast (2015 - 2020)    http://industryarc.com/Report/7400/china-professional-hair-care-market-report.html

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