Canada Luxury Hair Care Market Size & Outlook, 2023-2030
The luxury hair care market in Canada is expected to reach a projected revenue of US$ 2,355.4 million by 2030. A compound annual growth rate of 9.5% is expected of Canada luxury hair care market from 2024 to 2030.
L'Oreal SA, The Estee Lauder Companies Inc Class A, Kaneka Corp, Kao Corp, KOSE Corp, Seven Haircare, Alcora Corporation, Jose Eber Hair, Philip Kingsley, Kevin Murphy
Other key industry trends
In terms of revenue, Canada accounted for 6.0% of the global luxury hair care market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In North America, U.S. luxury hair care market is projected to lead the regional market in terms of revenue in 2030.
Canada is the fastest growing regional market in North America and is projected to reach USD 2,355.4 million by 2030.
Canada is home to a mix of regional and international hair care brands, which occupy a significant share of the market. Kevin Murphy, Moroccanoil, Nioxin, Eleven Australia, Ethica Beauty, and Kérastase are some of the top brands favored by consumers in the country.
The increasing number of haircare brands in the country is likely to bode well for market growth. Many international brands are entering the men’s hair care space and are launching new products to capture a majority of the market.
For instance, in May 2021, men's luxury clothing brand Harry Rosen launched a curated offering of grooming essentials for hair, face, and body. Its haircare range includes pomades, conditioners, hair wax, styling gels and creams, shampoos, and hair clay.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Luxury Hair Care Market Outlook will help companies and investors design strategic landscapes.
Shampoos was the largest segment with a revenue share of 30.55% in 2023.
Horizon Databook has segmented the Canada luxury hair care market based on shampoos, conditioners, hair coloring products, hair styling products, hair oil covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is home to a mix of regional and international hair care brands, which occupy a significant share of the market. Kevin Murphy, Moroccanoil, Nioxin, Eleven Australia, Ethica Beauty, and Kérastase are some of the top brands favored by consumers in the country.
The increasing number of haircare brands in the country is likely to bode well for market growth. Many international brands are entering the men’s hair care space and are launching new products to capture a majority of the market.
For instance, in May 2021, men's luxury clothing brand Harry Rosen launched a curated offering of grooming essentials for hair, face, and body. Its haircare range includes pomades, conditioners, hair wax, styling gels and creams, shampoos, and hair clay.
Canada Luxury Hair Care Market Product Outlook (Revenue, USD Million , 2018-2030)
Shampoos
Conditioners
Hair Coloring Products
Hair Styling Products
Hair Oil
Others
Canada Luxury Hair Care Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
Hypermarkets & Supermarkets
Pharmacy & Drugstore
Specialty Stores
Online
Others
Canada Luxury Hair Care Market Price Range Outlook (Revenue, USD Million , 2018-2030)
USD 30 to USD 65
USD 65 to USD 100
USD 100 to USD 150
USD 150 to USD 200
Above USD 200
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Luxury Hair Care Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Luxury Hair Care Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.