PUBLISHER: Market Research Future | PRODUCT CODE: 1176628
PUBLISHER: Market Research Future | PRODUCT CODE: 1176628
The Global Hair Color Market is expected to grow at a CAGR of 6.54% to reach USD 6,868.55 million by 2028. Hair colour is the practise of changing the colour of one's hair. Hair colouring is used to draw attention to a specific area of hair, restore natural hair colour, or conceal grey hair. The hair colouring is made to cover grey hair, restore the colour of the original hair or highlight the selected part of the hair, mainly to make it more attractive. Hair colouring can be done professionally or at home by a professional or by yourself. The rising inclination toward self-care and grooming, as well as the increasing use of professional hair colour, are some of the significant reasons for the global hair colour market's growth.
The global hair colour market has grown significantly in recent years and is expected to grow at a CAGR of 6.54% during the forecast period. The rising inclination toward self-care and grooming, the rise in preference for professional salon services, and the rapid growth of the organised retail sector in Asia-Pacific are the key drivers driving the global market growth. However, the side effects of the chemicals used in hair colour are expected to slow the global hair colour market's growth. Nonetheless, rising demand for organic products and new product launches are expected to create lucrative opportunities for global market players during the forecast period. Furthermore, media promotion and celebrity endorsement will create advantageous opportunities for the
The global hair colour market has been divided into four product categories: permanent hair colour, demi-permanent hair colour, semi-permanent hair colour, temporary hair colour, root touch-up, and others.
The market has been divided into two categories: conventional and natural & organic. In 2020, the conventional segment held a larger market share of 89.56%. The market has been divided into professional and consumer segments based on nature (DIY).
The global hair colour market has been divided into powder, cream & gel, and others. The market has been divided into three segments based on end users: men, women, and unisex. The market has been divided into two segments based on distribution channel: store-based and non-store-based. Supermarkets and hypermarkets, convenience stores, and others comprise the store-based segment.
By region, the Global Hair Color Market has been isolated into North America, Europe, Asia-Pacific, South America, and Center East and Africa.
North America represented a critical market portion of 26.61% in 2020. The regional market's development can be ascribed to the high reception pace of hair color by the populace. Asia-Pacific is a rewarding region for makers of hair color. Rising shopper spending on way-of-life items alongside developing buyer mindfulness with respect to item utilization is expected to go about as the vital drivers for the development of the Asia-Pacific hair color market.
The key players in the Global Hair Color Market are Kao Corporation (Japan), Henkel AG & Co. KGaA (Germany), L'Oreal S.A. (France), Revlon Inc. (US), Coty, Inc. (UK), Estee Lauder Companies Inc. (US), Combe Incorporated (US), Hoyu Co., Ltd (Japan), Godrej Consumer Products Limited (India), and Davines S.p.A. (Italy).
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