Crafted by a team of seasoned researchers, forecasters, analysts, and managers, the exceptional Hair Relaxer Market research report embodies expertise and innovation. Seamlessly merging proficient capabilities and top-notch resources in research, data collection, development, consulting, evaluation, compliance, and regulatory services, this report stands as a pinnacle in world-class market research. In today's fiercely competitive landscape, staying well-informed about market dynamics is paramount, and this exceptional report is the key to achieving that insight. It meticulously segments markets based on coverage, geographic scope, study duration, currency considerations, and pricing.

Within its comprehensive market overview, this Hair Relaxer Market report dissects market drivers, restraints, opportunities, and challenges, offering invaluable insights that empower businesses to make informed decisions. Tailored to cater to customer requirements, this report becomes an invaluable tool in enhancing return on investment (ROI) for businesses. The estimations of Compound Annual Growth Rate (CAGR) values play a pivotal role, aiding businesses in strategic investment planning over the specified period. This Hair Relaxer Market research report doesn't just scratch the surface; it conducts a systematic and comprehensive study, presenting factual and statistical insights pertinent to various facets within the marketing domain

Data Bridge Market Research analyses that the hair relaxer market was valued at USD 869.80 million in 2022 and is expected to reach USD 1658.26 million by 2030, registering a CAGR of 8.40% during the forecast period of 2023 to 2030.

Definition

A hair relaxer is a type of cream or lotion which is generally used by many people with very curly hair or tight curls. This makes hair easier to straighten and chemically "relaxing" the natural curls. The active agent is generally a strong alkali, although in some formulations of hair relaxer used formaldehyde or ammonium thioglycolate.

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Key Growth Drivers:

Rising demand of thio relaxer

The demand for the thio relaxer increases among consumers due to growing preference for straight hair, increasing demand for high-quality and innovative hair products, and high usage of thio relaxers for permanent waving. Thio is one the most generally used hair relaxer with ATG or ammonium thioglycolate and active ingredients. These relaxers are thicker with higher viscosity and have moderate pH, making its application easier. Thus, the surging demand of thio relaxer is anticipated to drive the market's growth rate.

Increasing demand of hair relaxer among women

One major factor that increases the demand for the hair relaxer among women with curly hair is that the relaxing treatment of hair relaxer is to get rid of strong curls and frizz. The process is easy to use hair relaxer and can be done in around 15-20 minutes with the help of a well-trained haircare professional. Hair relaxing treatment with the help of hair relaxer keeps hair straight without getting frizzy or tangled even in wet weather and high humidity. Furthermore, hair relaxers are gaining popularity among millennials owing to models, social media influencers, and actors because they continuously try different hairstyles.

The report emphasizes the participation of key entities, notably:

• Shiseido Company (Japan)
• Johnson & Johnson Private Limited (India)
• Unilever (U.K.)
• Amway (U.S.)
• Procter & Gamble (U.S.)
• L’Oréal S.A. (France)
• Revlon Group (U.S.)
• Beiersdorf AG (Germany)
• Natura & CO (South America)
• Conair Corporation (U.S.)
• Goody Products, Inc. (U.S.)
• Yves Rocher (France)
• Kao Corporation (Japan)
• Marico (India)
• Aveda Corporation (U.S.)
• Henkel AG and Co. KgaA (Germany)
• Combe Incorporated (U.S.)
• AVON PRODUCTS (U.K.)
• (U.S.)
• Pai-Shau (Canada)

Key Market Perspectives:

• Thorough examination of prevailing market tendencies
• Updates on the latest product advancements and innovations
• Hair Relaxermarket's Compound Annual Growth Rate (CAGR) for both historic and forecasted years
• Strategies and activities of prominent players and brands in the field
• Insights into the industry landscape for emerging participants

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Key Market Segmentation

By Type (Theo Relaxer, Alkaline and Lye Relaxer, No Lye Relaxer and Down Perm), Distributing Channels (Direct Sales, E-Commerce, Retail Shop, Hyper Markets, Supermarkets, Speciality Stores, Wholesale Stores and Others), Application (Commercial Use and Home Use)

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