Market Insights Consumer Beauty & Personal Care Personal Care

Hair Care - Indonesia

Indonesia

In Indonesia, the revenue of the Hair Care market is projected to reach €0.87bn in 2024.
It is anticipated that the market will experience an annual growth rate of 4.03% (CAGR 2024-2029).
When compared to other countries around Worldwide, in the United States generates the highest revenue in the Hair Care market, with €12,610m in 2024.
On a per capita basis, the revenue generated in Indonesia amounts to €3.10 per person in 2024.
Despite the increasing popularity of international hair care brands, traditional Indonesian herbal hair care products continue to dominate the market.

Key regions: Indonesia, United Kingdom, India, United Arab Emirates, United States

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Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.