Hair Color Market – Opportunities, Company Profile, Developments and Outlook

Hair Color Market size was valued at US$ 26.79 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 7.8% through 2024 to 2030, reaching nearly US$ 45.33 Bn.

Hair Color Market Overview

The market for hair color was estimated to be worth US $26.79 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 7.8% to reach US $45.33 billion by 2029. To alter the color of hair, one can employ hair coloring or hair dyeing. Usually, it’s utilized to follow the newest hairdo trends and to cover up white or gray hair. Hair color may fade as a result of constant washing, sun bleaching, and hair coloring.

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Hair Color Market Scope and Methodology:

The report takes into account two major pieces of information: descriptive analysis and SWOT analysis. This study seeks to compile thorough market statistics on the Hair Color topic. There are two data collection methods: surveys and questionnaires. After acquiring data, mathematical, statistical, and numerical approaches are used to analyse it. Data collection and compilation are critical for tracking market changes using qualitative and quantitative research methodologies.

Following a thorough assessment of the buyer-direct situation, the market is examined in terms of future prospects, R&D initiatives, innovative industrial practices, creative development strategies, and market consolidation and acquisition. The paper includes strategies, organizational charts, portfolios, and an analysis of the world’s best CEOs. The market is also subjected to a detailed SWOT and PESTLE analysis to determine the right value of market trends and microeconomic data.

Market Dynamics for Hair Color:

There are various hues available for hair color. You can color your own hair at home or get it done professionally by a hairdresser. There are various methods for coloring hair, such as dyeing the entire head of hair, highlighting a particular area of the hair, and the increasingly fashionable ombre hairstyle, which makes the top of the hair appear darker than the bottom. Young people are adopting a new fad whereby they tint their hair to match their outfits.

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Hair Color Market Segmentation

by Usage

Permanent hair color
Semi-permanent hair color
Temporary hair color
Hair highlights, and bleach

The market is divided into four categories based on usage: permanent, semi-permanent, temporary, and hair highlights and bleach. The market for temporary hair color is anticipated to expand quickly over the projection period, with a CAGR of. There are several varieties of temporary hair color on the market, including rinses, gels, shampoos, sprays, and foams. When it comes to hair color, temporary is more brilliant and lively than permanent and semi-permanent. Temporary hair color is used to color hair for special events such as Halloween and costume parties. Throughout the projected period, these are the reasons propelling the expansion of the Temporary hair color sector in the global market.

by Application

Total gray coverage
Touch-up for roots
Grays highlighting

The market is divided into three segments according on the application: grays highlighting, touch-up for roots, and total gray coverage. By 2030, it is anticipated that the sector with the greatest market share would be total gray coverage. The element propelling the expansion of the total gray coverage segment in the global market over the forecast period is the end-user’s growing utilization of the product.

by End-user

Male
Female
Unisex

by Distribution Channel

Offline
Online

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Hair Color Market Key Players

1. L’Oreal
2. Revlon
3. Avon Products
4. Conair
5. Aroma
6. Estée Lauder
7. Godrej
8. HOYU
9. Coty
10.Procter & Gamble
11.Johnson & Johnson
12.Cadiveu Professional USA
13.World Hair Cosmetics Ltd.
14.Kao Corporation
15.Henkel AG & Co. KGaA
16.Combe Incorporated
17.Shiseido Company Limited
18.Uniliver
19.Combe Inc.
20.New Avon Co.

Hair Color Market Regional Insights

Several measures are employed to predict the market’s future prospects. Buyer-direct transactions, research and development projects, innovative company practices, and market mergers and acquisitions are some examples. It includes plans, organizational charts, portfolios, and a critical review of top corporate executives. The market has undertaken a thorough SWOT and PESTLE analysis to guarantee that it identifies both market trends and microeconomic drivers.

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Key questions answered in the Hair Color Market are:

What is Hair Color?
What is the growth rate of the Hair Color Market?
What are the upcoming opportunities and trends for the Hair Color Market?
What are the different segments of the Hair Color Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Hair Color Market?
What segments are covered in the Hair Color Market?
Which are the factors expected to drive the Hair Color Market growth?
What growth strategies are the players considering to increase their presence in Hair Color?
Who are the leading companies and what are their portfolios in Hair Color Market?

Key Offerings:

Market Size, Share, Size & Forecast by different segment
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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