Press release
Impact of COVID-19 Outbreak on Organic Hair Color Market Growth and Segment Forecast To 2027
Organic Hair Color Market HighlightIncreasing health consciousness has increased the demand for organic hair colours. Consumers are becoming aware of the adverse effects of synthetic hair color, which is expected to fuel the sales of organic hair color at a global level. Due to the increasing per capita disposable income, consumers are more inclined to adopt high price products to obtain the better quality. Also, increasing government initiatives in the developing economies is further propelling the sales of organic products soon.
Market Forecast
Organic Hair Color Market is also driven by the various factors. As organic ingredients-based hair color contains several nutrients such as protein, vitamins, and minerals. It helps in strengthening the hair from the roots and reduces hair fall as well as has anti-dandruff properties, thereby leaving hair looking healthy. Apart from that, the products do not have any contents of chemicals such as ammonia and PPD. So, organic hair color is safer to use by people with sensitive skin.
However, organic hair color is not an economical option for the consumers, which is expected to hinder the growth of the market during the forecast period. Also, high start-up cost and complexity involved in the certification process can pose a major challenge to the Organic Hair Color Market. Nevertheless, all these factors are boosting the global Organic Hair Color Market to grow at the CAGR of 12.34% during the forecast period of 2017-2023.
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Organic Hair Color Market Segmentation
The segment evaluation of the worldwide Organic Hair Color Market is based on form, end-use, product type, and distribution channel.
The form-based segment of the global Organic Hair Color Market is cream, powder, and others
The end-use based segment of the global Organic Hair Color Market is an individual and commercial.
The product type-based segment of the global Organic Hair Color Market is permanent and temporary.
The distribution channel-based segment of the global Organic Hair Color Market is store-based and non-store based. Store-based distribution channel has been further segmented into supermarkets & hypermarkets, specialty stores, and others.
Organic Hair Color Market Key Players
The renowned players of the worldwide Organic Hair Color Market are Aubrey Organics (U.S.), V.J.S. Pharmaceuticals Pvt Ltd. (India), Indus Vally Ayurvedic Centre (France), TVAM (India), Organic Saloon Systems (U.S.), ColorVeda. (India), Herbatint (Italy), Radico (India), Organic Colour Systems Ltd. (U.K.), CavinKare Group. (India), Natulique (Denmark), Naturigin (Denmark), EcoColors® Inc. (U.S.), Suvarna.co (U.K.), and Herb UK Ltd (U.K.).
Organic Hair Color Market Regional Analysis
Based on geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). As per the study, the global market is estimated to be dominated by North America by acquiring a market share of 34.8% and is likely to retain its position throughout the forecast period. The persistent product innovation is projected to be the most significant factor in escalating the demand in the region. The U.S. is estimated to be the most crucial participant in strengthening the regional market. Further, the increasing development in the product formulation by the key players is another important cause of regional market development.
On the other hand, the APAC region is likely to grow at the fastest pace during the forecast period. The increasing per capita income, the rising awareness of the impact of chemicals, and the growing number of geriatric populations is projected to strengthen the regional market during the forecast period. Further, the presence of emerging economies like India and China is another significant factor affecting the market positively.
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