The global zero waste shampoo market size is expected to reach USD 165.36 million by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 7.18% during the forecast period. Rising adoption of zero-waste lifestyle and consciousness regarding waste management is driving the product demand. Rising awareness regarding animal cruelty and adoption of reduce, recycle, and reuse ideology by manufacturers is anticipated to further drive the growth.
Zero
waste shampoos are made of organic and natural ingredients. Most of these
products are 100% biodegradable and vegan and packaged using recyclable and
eco-friendly materials, making them less harmful to the skin as well as the
environment. This makes zero waste shampoos plastic-free, sustainable, and safe
for the oceans. Rising consumer awareness about the availability of these
products along with eco-friendly initiatives by various organizations are
projected to propel the global market growth.
The
shampoo bar product segment held the largest share of the zero waste shampoo
market. This product is made using natural ingredients that are gentle on skin
and hair. It also lathers better as compared to the liquid shampoo and provides
smoothness and conditioning to the hair. The plastic free packaging of these
bars is also anticipated to drive the product demand. Rising product launches
along with demand for vegan products in Asia Pacific has resulted in increased
product sales.
The
market has limited competition due to the presence of a large number of small
manufacturers. Adoption of business strategies such as geographical expansion,
product launches, and product innovations are anticipated to create growth
opportunities for the market players. Some of the leading companies in this
market are Lush Retail Limited; Ethique Beauty Ltd.; J.R. Liggett, Ltd.; Beauty
and the Bees; Plaine Products, LLC; Oregon Soap Company; The Refill Shoppe,
Inc.; Rocky Mountain Soap Company; and Biome Living Pty. Ltd. For instance, the
zero waste shampoo and conditioner brand Ethique Beauty Ltd. was launched in
U.K. in April 2019.
For more info visit here: https://www.grandviewresearch.com/industry-analysis/zero-waste-shampoo-market
Further key
findings from the report suggest:
- In terms of
revenue, shampoo bar segment is projected to ascend at a CAGR of 6.86%
over the forecast period
- Offline
distribution channel segment held the leading market share of over 79% in
2018
- North America
led the global zero waste shampoo market in 2018 with a 44.11% revenue
share
Grand View Research has
segmented the global zero waste shampoo market on the basis of product,
distribution channel, and region:
Zero Waste Shampoo
Product Outlook (Revenue, USD Million, 2015 - 2025)
- Shampoo Bars
- Liquid Shampoo
Zero Waste Shampoo
Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
- Online
- Offline
Zero Waste Shampoo
Regional Outlook (Revenue, USD Million, 2015 - 2025)
- North America
- U.S.
- Europe
- Germany
- U.K.
- Asia Pacific
- China
- Japan
- Central & South America
- Brazil
- Middle East & Africa
- South Africa
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About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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