Global Hair Color Market Size to Worth USD 7.93 Billion By 2033 | CAGR of 6.49%
Category: Consumer GoodsGlobal Hair Color Market Size to Worth USD 7.93 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Hair Color Market Size is Expected to Grow from USD 4.23 Billion in 2023 to USD 7.93 Billion by 2033, at a CAGR of 6.49% during the forecast period 2023-2033.
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Browse key industry insights spread across 215 pages with 107 Market data tables and figures & charts from the report on the" Global Hair Color Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Permanent Hair Color, Demi-Permanent Hair Color, Semi-Permanent Hair Color, Temporary Hair Color, and Root-Touch-Up), By Category (Conventional and Natural & Organic), By End User (Men, Women, and Unisex), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/hair-color-market
Hair color refers to a cosmetic technique or product that alters or improves hair color. The process of coloring or dyeing hair is used to alter it. In addition to hiding gray hair, people also use hair color to express their style, try out new looks, and keep up with fashion trends. There are various types of hair color cosmetics, each with a distinct color option and degree of permanence. Different hair coloring styles include highlighting certain areas of the hair, coloring the entire hair, and the popular Ombre hair treatment, which makes the bottom of the hair appear lighter than the top. Growing fashion trends, considerable product innovation, the aging of the world's population, and the popularity of hair coloring are the main factors propelling the growth of the hair color market. The industry is also expected to rise as a result of hair coloring products' increased social media influence and brand recognition. Customers' inclinations are further supported by growing knowledge of hair color components and how they affect hair, which further drives market expansion. However, the negative consequences of frequent hair coloring use are anticipated to restrict market expansion.
The permanent hair color segment is predicted to hold the highest market share through the forecast period.
Based on the product type, the hair color market is classified into permanent hair color, demi-permanent hair color, semi-permanent hair color, temporary hair color, and root-touch-up. Among these, the permanent hair color segment is predicted to hold the highest market share through the forecast period. Ammonia and peroxide are frequently used in permanent hair color to lift and deposit color deep within the hair shaft.
The conventional segment is anticipated to hold the highest market share during the projected timeframe.
Based on the category, the hair color market is divided into conventional, and natural & organic. Among these, the conventional segment is anticipated to hold the highest market share during the projected timeframe. Conventional hair colors are known for creating spectacular, long-lasting effects and usually come in a variety of shades.
The women segment is anticipated to hold the highest market share during the projected timeframe.
Based on the end user, the hair color market is divided into men, women, and unisex. Among these, the women segment is anticipated to hold the highest market share during the projected timeframe. Women who like bright colors, gray covers, highlights, or other customized styling options may find their needs met by products in this area.
Asia Pacific is estimated to hold the largest share of the hair color market over the forecast period.
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Aisa Pacific is estimated to hold the largest share of the hair color market over the forecast period. Growing consumer expenditure on hair care products and the rising popularity of high-end hair color products among local celebrities are the main drivers of market expansion. Additionally, during the projection period, the market's growth would be further supported by the notable increases in per capita income in growing nations like China, India, and others.
Europe is predicted to grow at the highest CAGR growth in the hair color market over the forecast period. A different factor driving the European market is the existence of a well-known offline retail chain for hair cosmetics items. The UK hair color market grew at the quickest rate in the European region, while the Germany market held the largest market share.
Major key players in the hair color market include L'Oréal S.A., Combe Incorporated, Avon Products Inc., Shiseido Company, Limited, Kao Corporation, Unilever PLC, Godrej Consumer Products Limited, Henkel AG & Co. KGaA, Hoyu Co. Ltd, Revlon Inc., Coty Inc., Davines S.p.A, Estée Lauder Companies Inc., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In September 2024, Streax Professional, a company renowned for its inventiveness and market leadership in salon goods, announced the official launch of Huemagic, its newest no-ammonia hair color invention.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the hair color market based on the below-mentioned segments:
Global Hair Color Market, By Product Type
- Permanent Hair Color
- Demi-Permanent Hair Color
- Semi-Permanent Hair Color
- Temporary Hair Color
- Root-Touch-Up
Global Hair Color Market, By Category
- Conventional
- Natural & Organic
Global Hair Color Market, By End User
- Men
- Women
- Unisex
Global Hair Color Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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