In 2021, the global Thio Hair Relaxer Market exhibited significant growth and is projected to maintain a steady revenue CAGR throughout the forecast period. This growth can be attributed to several factors, including rapid urbanization, the improvement of living standards in developing countries, the increasing popularity of experimenting with trendy hairstyles, and the growing demand for converting curly hair into smooth, soft, and straight hair. Hair relaxer is a cream or lotion that chemically relaxes natural curls, thereby reducing curls by breaking the hair strands and altering the hair texture. Thio relaxer, alkaline and lye relaxer, no-lye relaxer, and down perm are the most commonly used hair relaxers. Women with curly hair often opt for hair relaxing treatments to eliminate frizz and strong curls.
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Top Companies Operating in the Global Thio Hair Relaxer Market Report:
- Luster Products Inc.
- Henkel AG Co. KGaA
- Procter Gamble
- REVLON
- Epitomi Technology Inc.
- Softsheen-Carson
- Mega Growth
- L'Oréal S.A.
- Unilever
- Croda International Plc
- Jotoco Corp.
- Avlon
- Matrix
- Pureology Ltd.
- African Pride
- Redken
- Vasa Global Cosmetics
- Daxal Cosmetics Private Limited
Major Driving Factors of Thio Hair Relaxer Market
- Increasing Demand for Straightened Hair: Straight hair is a popular hairstyle choice for many people around the world. The desire for straight hair has driven the demand for hair relaxer products, as they provide a convenient way to achieve and maintain straightened hair.
- Growing Fashion and Beauty Industry: The fashion and beauty industry plays a significant role in driving the Thio Hair Relaxer Market. Hair relaxers are commonly used in salons and by individuals as part of their beauty routines. As the fashion and beauty industry continues to expand, the demand for hair relaxer products is expected to increase.
- Cultural and Ethnic Influences: Hair relaxers are particularly popular among individuals with naturally curly or kinky hair, especially in African, Afro-Caribbean, and African-American communities. These cultural and ethnic influences contribute to the demand for hair relaxers as people seek to manage and style their hair according to their preferences and cultural norms.
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Further market segmentation
Type Outlook (Revenue, USD Billion; 2019-2030)
- Thio Relaxer
- Alkaline and Lye Relaxer
- No Lye Relaxer
- Down Perm
Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)
- Direct Sales
- E-commerce
- Retail Shop
- Hypermarkets
- Supermarkets
- Specialty Stores
- Wholesale Stores
- Others
Application Outlook (Revenue, USD Billion; 2019-2030)
- Commercial Use
- Home Use
Key Takeaways of the Global Thio Hair Relaxer Market Report:
- A comprehensive overview of the global Hair Relaxer industry.
- Accurate market projections in terms of market size, share, and volume.
- Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
- Deep-dive analysis of the upcoming market trends.
- Qualitative and quantitative analyses of the global Thio Hair Relaxer Market.
- Elaborate study of the leading regional markets in the global Thio Hair Relaxer Market.
- Complete overview of the market’s competitive landscape.
- Brief look at the company profiles and portfolios.
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