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Malaysia Professional Hair Care Market - Professional hair care product market in Malaysia is estimated to reach $84.1 million by 2020

The report “Malaysia 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 Malaysia ProfessionalHair Care Market with an analysis and forecast of the market size.

Browse Market Data Tables, Figures spread through 53 pages and in-depth TOC on “Malaysia 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/3338/Malaysia-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. 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 Malaysia is estimated to grow at a CAGR of 3.3% to reach $84.1m by 2020,according to a recent study from IndustryARC.

Median age group of the population in Malaysia was 27.7 years in 2014 and 74% urbanized. With the changing environment and economic developments, urban regions are poised to witness around 30% growth in number of salons in the next 3 years. GDP per capita is estimated to grow at 6% annual rate through 2020and poised to increase spend on discretionary services such as personal grooming. All these social economic factors coupled with growing awareness among the consumers are driving the market for professional hair care products in Malaysia. Products with natural ingredients are witnessing faster growth, as consumers are becoming more educated and demanding products with better quality which are more specific to their needs.

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Coloring is the most preferred service in salons. Hair coloring category comprises the largest segment in professional hair care product market in Malaysia. Organic colors are preferred by customers due to awareness of post coloring negative effects by usage of Ammonia and Paraben containing colors. Majority of customers prefer permanent hair color. Shampoo and Conditioning products are set to witness huge growth due to penchant demand forhair treatments such as scalp treatment and moisture treatment, which mainly involves usage of shampoos and conditioners. Services such as straightening are not poised to witness much growth due to the negative effects and hair damage resulting from the chemicals used in hair straightening products.

Following are the top 5 players/companies offering professional hair care products in Malaysia:

  •      L’Oreal Group
  •      Shiseido Company
  •      Henkel AG & Co.
  •      Procter & Gamble Co.
  •      Sense Ion

International brands are the most preferred brands in the coloring segment due to high consumer awareness and preference for quality color products. L’Oreal Group is the key player in professional hair care product market in Malaysia with L’Oreal Professional, Matrix and Kerastase brands. Shiseido, Schwarzkopf and Wella Professional are few of the other most popular brands in Malaysia. In 2014 top 5 companies accounted for around 80% share in the Malaysia professional Hair Care products market.

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Related Reports:
  1) 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)
      http://industryarc.com/Report/3337/Singapore-Hair-Care-Market-Analysis-Report.html

 
 2) Thailand 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/3334/Thailand-Hair-Care-Market-Analysis-Report.html

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