Global Hair Color Market Trends, Opportunities & Growth Forecasted at 9.3% CAGR during 2017- 2022

According to a study by Fact.MR, the global market for hair color is likely to experience strong growth. The market is projected to bring in US$ 3,117.4 million revenue by 2022 end. One of the latest trends that have gained traction is the demand for organic or natural hair color. Being less harmful as compared to the synthetic colors, manufacturers are also moving towards introducing hair color made using organic ingredients.

6 Key Highlights on Global Hair Color Market

1. North America is expected to remain dominant in the global hair color market. By the end of 2022, North America hair color market is estimated to reach nearly US$ 800 million revenue. Owing to the presence of the major brands and rising number of startups providing various types of hair colors along with the at-home services are some of the factors resulting in the significant growth of the hair color market in North America.

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2. Europe is expected to witness impressive growth in the global hair color market. Meanwhile, Asia-Pacific Excluding Japan (APEJ) is also anticipated to witness healthy growth during the forecast period.

3. Permanent hair color is expected to emerge as the highly preferred hair color product. Permanent hair color is estimated to reach nearly US$ 1,300 million by the end of 2022.

4. Compared to chemical hair color, natural hair color is expected to gain more traction in the global hair color market. Accounting for nearly half of the revenue share by the end of 2017, natural hair color is estimated to create an incremental opportunity of over US$ 600 million between 2017 and 2022.

5. Female hair color is expected to experience significant growth than the male hair color. By the end of 2022, female hair color is estimated to reach nearly US$ 1,200 million revenue.

6. Sales of hair color through specialty stores is expected to be the highest. Accounting for nearly one-third of the revenue share by the end of 2017, specialty stores are estimated to create an incremental opportunity of over US$ 300 million between 2017 and 2022.

Female Hair Color to Witness Robust Growth

Female hair color compared to male and unisex hair color is likely to experience substantial growth in the global market for hair color. By 2022 end, female hair color is projected to exceed US$ 1,100 million revenue. Meanwhile, male hair color is also likely to gain nearly one-third of the share in terms of the revenue by 2017 end.

Specialty Stores to Emerge as the largest Distribution Channel

Among various distribution channels, specialty stores are likely to emerge as one of the largest distribution channels. Specialty stores are projected to surpass US$ 1,000 million revenue by 2022 end. Meanwhile, sales of hair color through online is also likely to experience healthy growth during 2017-2022.

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Permanent Hair Color to Emerge as a Top-Selling Product

Compared to the various types of hair colors available in the market, permanent hair color is likely to experience healthy growth throughout the forecast period. Gaining close to two-fifth of the share in terms of the revenue by 2017 end, permanent hair color products are projected to create more than US$ 500 million incremental opportunity during 2017-2022.

Natural Hair Color to Gain Maximum Traction in the Global Hair Color Market

Natural hair color is likely to gain half of the share in terms of the revenue by 2017 end. Natural hair color is also projected to surpass US$ 1,600 million value towards 2022 end.

Table of Contents:

1. Global Hair Color Market – Executive Summary

2. Global Hair Color Market Overview

3. Global Hair Color Market Analysis and Forecast By Product Type

4. Global Hair Color Market Analysis and Forecast By Nature
4.1. Global Hair Color Market Size and Forecast By Nature, 2012-2022
4.1.1. Natural Market Size and Forecast, 2012-2022
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Chemical Market Size and Forecast, 2012-2022
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region

5. Global Hair Color Market Analysis and Forecast By Gender
5.1. Global Hair Color Market Size and Forecast By Gender, 2012-2022
5.1.1. Male Market Size and Forecast, 2012-2022
5.1.1.1. Revenue (US$ Mn) Comparison, By Region
5.1.1.2. Market Share Comparison, By Region
5.1.1.3. Y-o-Y growth Comparison, By Region

Continued…….

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