Hair Color Market Analysis, Business Development, Size, Share, Trends, Future Growth, Forecast to 2030

Hair Color Market

Hair Color Market size was estimated at USD 34.13 billion by 2028, expanding at a compound annual growth rate (CAGR) of 5.7% from 2022 to 2030.

The aging population all over the world, along with increased spending on hair care products like hair color, are the main development factors in the industry. Furthermore, the market is expected to benefit significantly from the significant product innovations made by the leading competitors. For instance, Loreal SA, a significant competitor in the hair color market, has introduced a number of long-lasting hair colors that come in hues of natural color.

The developed economies of North America and Europe are experiencing strong growth in the global hair color market. This is due to the fact that this sector contains a sizable share of both the premium and mass segments of end users. As a result, there is a balanced demand for hair colors across all price ranges in these areas. APAC and MEA do not have a balanced distribution of consumer segments, in contrast to nations in North America and Europe. In these areas, a greater percentage of mass segment customers than end-end customers. As a result, there is a huge increase in the sales of inexpensive hair colors in these areas. However, because the market is underrepresented in APAC and MEA, sales of novelty and luxury hair colors are low.

Government-imposed lockdowns and limitations due to the COVID-19 epidemic have caused the cancellation of public events, fashion shows, and unnecessary travel. Since the majority of retail establishments were closed during the lockdown, it also had an impact on the offline sales of cosmetics products. Additionally, the COVID-19 pandemic resulted in a drop in sales revenue for hair color products among the leading market participants, which had an additional negative effect. However, due to resumed operations, offline retail sales, and the start of fashion events all over the world, the global hair color industry is anticipated to revive and have considerable growth in the future.

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Major Players in Hair Color market are:

Kirpal Export Overseas
Old Spice
Micky Products
Muster Dikson
Henkel
Clairol
Hair Salon Farmington CT
SILVIO MORA
Affinage
Oway
Joico Laboratories
Bigen
L’Oreal
Beautylabo
Tropical Products
Hoyu
KEUNE
YoungRace
Oscar Blandi
ID Hair
Kao
Revlon
Bristol-Myers Squibb
Schwarzkopf.
Davines
Quality Cosmetics

Most important types of Hair Color products covered in this report are:

Temporary Hair Dye
Semi-permanent Hair Dye
Permanent Hair Dye

Most widely used downstream fields of Hair Color market covered in this report are:

Professional
DIY/Home Use

Major Regions or countries covered in this report:

North America

Europe

China

Japan

Middle East and Africa

South America

India

South Korea

Southeast Asia

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– FAQs –

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