The global zero waste shampoo market size is projected to reach USD 165.36 million by 2025 and, registering a 7.18% CAGR over the forecast period, from 2019 to 2025, according to Million Insights. Increasing consciousness about waste management and the rising application of zero-waste products have majorly driven market growth. In addition, increasing awareness about animal cruelty along with the acceptance of reusable, recycle packaging material among market players is expected to fuel market growth over the forecast period.
Zero waste shampoo is made with 100% natural and organic content. These products are vegan and biodegradable that are less harmful to the environment. Moreover, increasing consumer awareness about the availability of these products coupled with environment-friendly initiatives taken by several manufactures is expected to spur the market growth.
The shampoo bar segment accounted for the largest market share of the global market, in 2018. This product is generally made by organic and natural ingredients that are less harsh to the hair and skin. It gives lather better than liquid shampoo and provides conditioning and smoothness to hairs. The plastic-free container of these bars is projected to drive market growth. Additionally, increasing demand for vegan products is expected to augment market growth in Asia Pacific.
Due to the presence of a small number of manufacturers, the zero waste shampoo market has limited competition. Companies have implemented several market strategies such as product launches, product development, and geographical expansion. The major companies operating in this market are J.R. Liggett, Plaine Products, Beauty and the Bees, Lush Retail Limited, LLC, The Refill Shoppe, Inc, Oregon Ethique Beauty Ltd, and Soap Company.
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Further key findings from the report suggest:
• Among products, shampoo bar segment is projected to register fastest CAGR of 6.86% from 2019 to 2025.
• Offline distribution channel accounted for the largest market share of more than 79.0%, in 2018.
• North America held the largest market share of over 44.0%, in 2018.
Million Insights has segmented the 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)
Zero Waste Shampoo Regional Outlook (Revenue, USD Million, 2015 - 2025)
• North America
• Asia Pacific
• Central & South America
• Middle East & Africa
• South Africa