Global Hair Color Market Growth 2023-2029

Global Hair Color Market Growth 2023-2029

Product Code:450658

Published Date: Feb 08,2023

Pages: 106

Region: Global

Category: Consumer Goods

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Hair Dyes are chemicals that used to change hair color. Today, hair dyes are widely used, either to cover up grey hairs, or simply by those wanting to change their natural hair colour.

Hair Dyes come in many shades, nautral (blond, brown, etc.) and unnaurtal (orange, green, pink, red, blue, etc.). There are three kinds of hair dyes, 
 Permanent color is what people mean when they say "hair dye" or "color-treated hair." There are two parts to the permanent process: opening up the hair shaft and adding color. 
 Semi- & Demi-Permanent color, also called hair gloss, simply adds color, the main difference is that Semi- & Demi-Permanent color doesn't open up your hair shaft before adding color.

 Temporary hair colors that merely sit on the surface of the hair and are washed out with the next shampoo. 
There are many brands of hair dyes and they can be found at your local target, walmart, any stores like that, also at Hot Topic, Discontent, etc.

LPI (LP Information)' newest research report, the “Hair Color Industry Forecast” looks at past sales and reviews total world Hair Color sales in 2022, providing a comprehensive analysis by region and market sector of projected Hair Color sales for 2023 through 2029. With Hair Color sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hair Color industry.

This Insight Report provides a comprehensive analysis of the global Hair Color landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hair Color portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hair Color market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hair Color and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hair Color.

The global Hair Color market size is projected to grow from US$ 23740 million in 2022 to US$ 42900 million in 2029; it is expected to grow at a CAGR of 42900 from 2023 to 2029.

Based on geography, global hair color industry mainly concentrates on Europe, North America and APAC (market share of 32%, 30% and 29% respectably in term of sales volume in 2019). 
Top players in this market are Henkel, Kao, L’Oréal, Coty, HOYU, Godrej, Revlon, Shiseido, YoungRace and Developlus, Combe, Estée Lauder, World Hair Cosmetics (Asia), Amorepacific, etc. L’Oréal is the first manufacturer of the world and it occupied 1/4 of the market in 2019. Coty and Henkel are listed after, with the market share of 12% and 11% respectively.

Based on product types, permanent type hair color market occupied the largest market share, with 76% market revenue share in 2019, and the Temporary Hair Color segment is growing fast during 2020 to 2026.

Hair Salon is the main application compared to home use, its market share is about 63% in 2019.

This report presents a comprehensive overview, market shares, and growth opportunities of Hair Color market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Permanent Hair Dye
    Semi-Permanent Hair Dye
    Temporary Hair Dye

Segmentation by application
    Home Use
    Commercial Use

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Henkel
    Kao
    L’Oréal
    Coty
    Avon Products
    HOYU
    Combe
    Conair
    Estée Lauder
    Godrej
    Revlon
    Shiseido
    World Hair Cosmetics (Asia)

Key Questions Addressed in this Report
What is the 10-year outlook for the global Hair Color market?
What factors are driving Hair Color market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hair Color market opportunities vary by end market size?
How does Hair Color break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?