[February 1, 2007]
Shampoo is alive and well as the most lucrative product in the global hair care market in 2005, according to a Research and Markets report. Haircare: Global Industry Guide reported a US$10.6 billion total revenue for shampoo, which is equal to 34.8% of the market's overall value.
Overall hair care generated total revenues of US$30.5 billion in 2005, according to the report, which was a 3.3% compound annual growth rate (CAGR) for the five-year period spanning 2001-2005.
The report has forecasted hair care to grow in the next few years. A 4% CAGR for the five-year period 2005-2010 was expected by the report to drive the market to a value of US$37.1 billion.
For more information, or to obtain Haircare: Global Industry Guide, visit www.researchandmarkets.com.
