Publication Month: Jun 2022 | Report Code: TIPRE00029506 | No. of Pages: 150 | Category: Consumer Goods | Status: Published
Hair color products are categorized as oxidative (permanent) colors and direct (temporary or semipermanent) colors. Hair color products help in providing care for the hair and the scalp. In 2021, Asia Pacific dominated the global hair color market. The increased prevalence of graying of hair among the young, working population due to stress and improper diet is primarily driving the hair color market as most of these individuals are conscious about their hair and appearance. The population of Southeast Asian countries, such as South Korea, Hong Kong, Taiwan, and Singapore, is aging faster than Japan, which creates an excellent opportunity for the hair colorant market to expand their presence in these countries. In the European Union and North American region, women are increasingly demanding natural and organic hair care products.
|Market Size Value in||US$ 23,762.28 Million in 2022|
|Market Size Value by||US$ 35,201.69 Million by 2028|
|Growth rate||CAGR of 6.8% from 2022 to 2028|
|No. of Pages||150|
|No. of Tables||83|
|No. of Charts & Figures||77|
|Historical data available||Yes|
|Segments covered||Product Type, Type, and Distribution Channel|
|Regional scope||North America, Europe, Asia Pacific, Middle East & Africa, South & Central America|
|Country scope||US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Free Sample Copy Available|
In recent years, the demand for natural and organic hair care has been growing due to elevated awareness about the harmful effects of the toxic chemical ingredients of hair colors. The natural and organic hair color products do not include any chemicals that damage the hair or affect the overall health of users. There has been a growing demand for plant-derived hair colors and coloring agents. The natural and herbal hair color products are ammonia-free and are considered to be less harmful than their synthetic counterparts. Manufacturers are introducing products constituting plant-extracted ingredients. L’Oréal has created an ammonia-free hair color-Inoa-cater to the growing demands. In 2020, Revlon launched breakthrough vegan hair color Total Color. It is the first clean and vegan permanent hair color that delivers 100% full coverage. Total Color is a high-performance at-home hair color that promotes healthy shine, provides up to 6 weeks of color vibrancy, with less breakage. Thus, increased manufacturing of natural and organic hair color from the manufacturers is providing growth opportunities for the hair color market.
Based on product type, the hair color market is segmented into permanent, semi-permanent, and temporary. In 2021, the permanent segment held the largest market share of the market. The permanent hair color is a long-lasting color that becomes an ideal solution for gray coverage as it stays on the hair till the hair grows out.
Arctic Fox, Coty Inc., Henkel AG & Co. KGaA, Kao Singapore Pte Ltd., L’Oreal Groupe, Revlon, Hygienic Research Institute Pvt. Ltd. (Brand-Streax), PZ Cussons Beauty LLP, Unilever Plc, and Wella Operations US LLC are among the key players operating in the hair color market. The leading players adopt strategies such as mergers and acquisitions and product launches to expand their geographic presence and consumer base.
The "Hair Color Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the global hair color market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The market is segmented on the basis of product type, type, distribution channel, and geography. Based on product type, the market is segmented into permanent, semi-permanent, and temporary. In terms of type, the market is segmented into powder, cream, and others. Based on the distribution channel, the market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. Based on geography, the market is primarily segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The increased demand for natural and organic hair care along with new product innovations is providing growth opportunities for the hair care market across the world.