Global Hair Color Market Size, Share and Trends Analysis Report, By Product Type (Permanent, Semi-Permanent, Temporary Hair Color, Highlights, and Bleach), By Product Formulation (TDS/TD Formulation, PPD Formulation, Others), By Gender (Men, Women, Unisex), By Application (Total Grey Coverage, Roots Touch-Up, Highlighting, All Over Color, Others),Forecast (2022-2028)
The global hair color market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Factors including changing lifestyles, growing hair problems, the rising market for salon services, and new tools used in salons to enhance the easy use of hair care productsare key factors driving the growth of the global hair color market. Changing fashion trends across the globe encourages hair color manufacturers to introduce new products to meet the needs of consumers. Organic hair color has fewer problems compared to chemical hair color. Organic hair color should not penetrate the hair cuticle; instead, it is applied only to the exterior of the hair. It does not cause hair damage, while artificial hair color gets into the hair cuticle in a certain amount, leading to hair loss, breakage, and thinning.
Additionally, innovation in product design and formats is one of the key focus area for manufacturers. Hair color is available in pre-assembled sachets ready for use. The market is driven by innovations in product design, design, and market-based format. New designs are brought in shades of the finished product. Most hair color manufacturers produce products that help lighten the hair. Hair color enhancers, which differ from hair color, are the most widely used product on the market. It is followed by a variety of hair colors that are said to be durable, easy to use, and natural. The innovations have increased customer acquisition, product visibility, and acquisition rate, which is expected to drive the hair color market.
In May 2020 Coty agreed to sell most of its Beauty and Hairdressing Businesses, including ghd products, Clairol, Wella, and OPI for $ 4.3 billion to KKR. Under the terms of the agreement, Coty will replace the Professional Beauty Division as a separate company, with KKR taking 60% and Coty holding the remaining 40%.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Product Type
- By Product Formulation
- By Gender
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape-Conair India, COTY INC., Estee Lauder Inc., Lolane India, and Revlon Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Hair Color Market Report by Segment
By Product Type
- Permanent
- Semi-Permanent
- Temporary Hair Color
- Highlights
- Bleach
By Product Formulation
- TDS/TD Formulation
- PPD Formulation
- Others
By Gender
- Men
- Women
- Unisex
By Application
- Total Grey Coverage
- Roots Touch-Up
- Highlighting
- All Over Color
- Others
Global Hair Color Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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