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According to the report “Vietnam Professional Hair Care Market by Categories (Coloring, Perming
& Straightening, Shampoo & Conditioning & Styling); Sales Channel
(Back Bar and Take Home) & by Company (2015 - 2020)” according to a
recent study from IndustryARC professional hair care product market in
Vietnam is estimated to grow at a CAGR of 7% to reach $70m by 2020
To
Browse an In-depth TOC on Vietnam Professional Hair Care Market
Report by IndustryARC
Visit: https://www.industryarc.com/Report/3333/Vietnam-Hair-Care-Market-Analysis-Report.html
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. The global professional hair care products market is segmented on the
basis of services provided in salons such as coloring, shampoo &
conditioners, perming & straightening and styling. The professional hair care product market in Vietnam is estimated to grow
at a CAGR of 7% to reach $70m by 2020.
Service sector
currently accounts for 44% of the Vietnam’s GDP and is estimated to rise and account
for 50% of GDP by 2020. This will also increase the number of people employed
in the service sector, thereby driving the market for professional grooming services
including hair products. Increasing awareness about the benefits of using professional
hair products and rising per capita income will drive the market for
professional hair products in Vietnam.
Request a Sample @ https://www.industryarc.com/pdfdownload.aspx?id=3333
Perming and straightening
products segment account for the highest share in the Vietnam’s professional
hair products market and it is also to witness the highest growth rate through
2015-2020. Hair coloring market is the second largest segment. Hair salon
clients in Vietnam prefer straightening and perming services due to the
influence of Korean pop culture. Many local producers such as Kanac Company,
Kella and Lavo Corporation exist in the straightening and perming products
market owing to the popularity of the service in Vietnam.
Following are the top 5 players/companies offering professional hair care products in Vietnam:
- Lavo
Corporation
- L’Oreal
Group
- Kao
Corporation
- Davines
Group
- Kanac
Company
Lavo Corporation is a domestic manufacturer which dominates the market in Vietnam.
Its professional product line includes brands such as x-pros, Lavox, m-pros,
Leder professional and Rewell professional. L'Oreal Group, Kao Corporation,
Davines and Kanac Company are some of the popular hair products companies in
the market.
Companies such
as Goldwell, Davines and Schwarzkopf Professional and Well professional operate
through distributors. Other than L’Oreal Group none of the major companies have
established subsidiaries in Vietnam. Creative
Nature Group is a master distributor for brands such as La Biosthetique,
Davines, Moroccan Oil and TIGI. In the coming years, many of the companies plan
to expand their presence in Vietnam as the market offers lucrative growth
opportunities for manufacturers.
Make
an Inquiry @ https://www.industryarc.com/inquiry-before-buying.aspx?id=3333
Browse Related Reports:
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Professional Hair Care Market by Categories (Coloring, Perming &
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·
China
Professional Hair Care Market by Categories (Coloring, Perming & Straightening,
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