Synopsis
This report provides a concise overview of the Haircare market in Russia. After reading this report, you will understand the size of the market, the economic, demographic, and behavioural trends that will drive its evolution, and the leading players within the market, allowing you to plan effectively for the future.
Scope
Analysis of consumer behaviour, economic conditions, and demography reveals emerging opportunities in the Haircare sector.
Key growth categories are highlighted by analysing the market dynamics of major Haircare categories.
Market shares are provided for the leading brands and private labels across Haircare categories.
An overview of 20 trends in the Russian Haircare sector is provided, including primary 20 material and type, 20 closures, and outer 20.
Summary
Why was the report written?
This overview of the consumer and market dynamics of the Russian Haircare sector allows new entrants and established players to gain rapid and comprehensive insight into the current state of the market and identify the key trends that will drive growth in the coming years.
What is the current market landscape and what is changing?
Russia’s Haircare market offers moderate growth opportunities; Haircare product sales in Russia are expected to grow at CAGR of 6.2% during 2007–2017. The country’s urban and young population are spending more on personal grooming products, including Haircare products, as they desire to look good and remain fashionable.
What are the key drivers behind recent market changes?
Older Young Adults with rising incomes will drive the overall market growth. Increasing consumer confidence among the high income category will further drive demand for premium products.
What makes this report unique and essential to read?
This report brings together consumer insight and market data to provide a comprehensive brief of the Russian Haircare sector. This allows for the rapid identification of key growth opportunities across major Haircare categories and their 20.
Reasons To Buy
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Table Of Contents
Country Context
- Rising income among a growing middle class is fuelling growth in consumer markets
- Hypermarkets & Supermarkets and Health & Beauty Stores dominate retail sales in Russia
- Increasing availability of eRetail and Direct Sales is set to cause increasing competition among channels
Consumer Profile
- Women and Older Consumers purchase the most Haircare products in Russia
- Early Young Adults are the heaviest consumers of Haircare products in Russia
- Beauty is the most important motivator for consumption of Haircare products
- Products that enhance Beauty at good value drive growth in Russian Haircare
- Consumers’ desire for tailored products and improved hair health is driving growth
Sector Analysis
- Fluctuating exchange rates will create difficulties for multinational corporations in Russia
- While Shampoo has the largest market share in terms of value; Hair Colorants lead the market in terms of growth
- Mature categories will grow at a slower rate while fashion statements will drive growth of Hair Colorants and Styling Agents
- Hair Colorants will witness increased sales and record highest growth during 2012-17
- Conditioner and Styling Agents to witness increased sales and expected to grow steadily over 2012-17
- Perms and Relaxers are less popular in Russia as consumers prefer natural straight hair.
Brands & Private Labels
- Russians prefer branded hair care products over Private Label
- Increasing Private Label sales of Hair Colorants contributed to the highest category value growth during 2009-12
- Avon, L’Oreal and Procter & Gamble are key players in Russian Haircare market
- Head & Shoulders by P&G is the preferred Shampoo brand in Russia
Packaging Insight
- Rigid Plastics will continue to be the preferred packaging material for Haircare products due to the convenience they offer
- Demand of Flexible Packaging Materials is on the rise due to the increasing popularity of refill packs
Future Outlook
- Diverse consumer needs and favorable economic conditions will drive growth in the Haircare Sector
Data Appendix & Summary Methodology
List Of Tables
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List Of Figures
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