PUBLISHER: TechSci Research | PRODUCT CODE: 1074103
PUBLISHER: TechSci Research | PRODUCT CODE: 1074103
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Vietnam hair color market is anticipated to grow at a significant rate during the forecast period. The market growth can be attributed to the rising influence of western fashion trends among the younger population that wants to stay as per the latest trends and plethora of social media campaigns regarding recent hair coloring trends. Besides, ease of availability of hair colors in retail stores and an increasing number of innovations in product formulations such as gel-based color, ammonia-free, non-dripping formulations, etc., are expected to fuel the Vietnam hair color market. Furthermore, the growing number of salons in the country providing a range of hair coloring services and increased personal disposable income of the population is also fueling the growth of the Vietnam hair color market in the coming years. Furthermore, rising awareness of personal grooming among males and an increasing number of working women opting for new hair colors are positively influencing the Vietnam hair color market. Professional hair salon consumption of DIY hair color products and expanding beauty industry are expected to fuel the Vietnam hair color market. Key market players in the hair color market are using a variety of advertising mediums such as television commercials, digital marketing channels, social media campaigns, billboards, etc., to promote their products to attract customers, which is expected to propel the growth of the Vietnam hair color market. Growing demand for hair colors made with organic and vegan ingredients to reduce the hair damage associated with synthetic hair colors is also accelerating the growth of the Vietnam hair color market.
Vietnam hair color market is segmented based on product, product formulation, gender, application, and region. Based on the product, the highlights & bleach segment is expected to dominate the Vietnam hair color market due to the rising popularity of highlighting hair among the population. Based on gender, the market is further divided into men, women, and unisex. The women segment held the largest share in the Vietnam hair color market as women tend to have longer hair, so they require more products and variants as per the color requirements.
L'Oreal, Revlon, Avon Products, Conair, Aroma, Estee Lauder, Godrej, Coty, Procter & Gamble, Johnson & Johnson etc. are some of the leading players in Vietnam hair color market.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of hair color manufacturers in Vietnam. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the retailers, applications and presence of all major hair color manufacturers in Vietnam.
TechSci Research calculated the market size of Vietnam hair colour market using a bottom-up approach, where data for various end user segments were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Vietnam hair color market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Permanent
Semi-Permanent
Temporary Hair Color
Highlights & Bleach
TDS/TD formulation
PPD formulation
Others
Men
Women
Unisex
Total Grey Coverage
Roots Touch-Up
Highlighting
Others
North Vietnam
South Vietnam
Central Vietnam
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Vietnam Hair Color Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according the company's specific needs. The following customization options are available for the report:
Company Information
Profit Margin Analysis