This guide helps in making well-informed business decisions, primarily regarding the latest market trends and product developments. Extensive secondary and primary researches/interviews are conducted as a part of the market analysis.
In 2018, the Indonesia Hair Care & Styling Products market was valued at 9440191 IDR Mn, registering a CAGR of 9.13%. The Shampoo category accounted for the largest market share, while registering an average CAGR of 8.98% since 2010. Relaxants is the most preferred segment in the Perms and Relaxants category, followed by the Perms segment. The Styling Products category has been registering a steady growth of 9.42% in CAGR since 2010, which is expected to continue over the forecast period. Among the distribution channels, the Supermarkets and Hypermarkets channel is preferred the most by majority of the people in Indonesia.
Some of the Key Takeaways
Permanent Colorants was the fastest growing segment in the last five years, with a CAGR of 10.78%.
Specialist Retailers is the second largest distribution channel for the sales of Hair Care & Styling Products in Indonesia.
The Semi-Permanent Colorants segment is expected to witness a healthy value CAGR of 11.18% during the forecast period.