Global Hair Color Market: Expanding at 6.54% CAGR, Projected to Reach USD 7.01 Billion by 2030

𝐇𝐚𝐢𝐫 𝐂𝐨𝐥𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬
In 2022, the hair color market was estimated to be worth USD 4.5 billion. According to projections, the hair color market business would expand at a compound annual growth rate (CAGR) of 6.54% from USD 4.7 billion in 2023 to USD 7.01 billion by 2030. The demand for hair colors and related goods will rise as a result of growing hair-highlight trends, shifting lifestyles, an expanding market for salon services, and the introduction of innovative salon instruments that facilitate the use of hair care products. A key additional market driver for the growth of the hair color market is the increase in customer hair-related issues.

𝐆𝐞𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐅𝐢𝐥𝐞 @ https://www.marketresearchfuture.com/sample_request/7820

The growing preference for professional salon services, the quick expansion of organized retail, and the rising propensity for self-care and grooming are the main factors driving the global market growth. Over the past few years, people have paid more attention to their cleanliness, grooming, and appearance. It is projected that the worldwide hair color market will be driven by a growing population that is preoccupied with appearance and self-care. Women's goods have dominated the grooming market for decades, but the male-identifying population has recently gained a sizable market share in the cosmetics sector. Furthermore, the global market for hair color is expected to rise, but the negative consequences of the chemicals used in hair color are expected to slow it down. Nevertheless, it is anticipated that businesses active in the global market will encounter profitable prospects over the projected period due to the rising demand for organic products and new product releases.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬
In 2021, North America controlled the global hair color market. The U.S. is actively supporting the rise in market revenue. One of the reasons influencing market growth is the existence of well-known brands like Coty Inc, Estée Lauder Companies Inc., Revlon Inc., Avon Products Inc., and other producers. Other variables that influence the market in this region include the presence of several celebrities and the expanding trend of celebrity endorsements for hair color products.

Besides, manufacturers of hair color find great success in Asia-Pacific. The primary factors for the growth of the Asia-Pacific hair color market are projected to be rising consumer expenditure on leisure goods and rising consumer knowledge of product use. In these nations, producers are launching fresh goods, helping the regional market to expand. In 2021, China held the greatest market share in the Asia-Pacific region, and it is anticipated that it will continue to hold this position during the study period. The market in India is anticipated to increase at the greatest rate during the projection period.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.marketresearchfuture.com/ask_for_customize/7820

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧
The global hair color market has been segmented into product, end-user, and distribution channels.

Based on product, the market has been segmented into permanent, temporary, and others. In 2021, the permanent hair color segment held the biggest market share (40.71%). Permanent hair color often lasts until the twentieth wash. Additionally, it has been noted that millennials are embracing contemporary clothing, including hair coloring, for more alluring looks. The hair color market is driven by emerging economies' booming youth populations, urbanization, and their constantly changing lifestyles.

Based on end-user, the market has been segmented into men and women. Women held the biggest market share of 49.53% in 2021 and are anticipated to grow at a respectable CAGR over the course of the forecast period. However, during the projected period, the men's category is anticipated to experience the greatest CAGR.

Based on distribution channels, the market has been segmented into offline and online. The offline sector, which held a larger market share of 88.49% in 2021, is anticipated to grow at a respectable CAGR over the course of the forecast period. But during the forecast period, the online segment is anticipated to post a higher CAGR. The primary driver of market growth is the growing preference of young people worldwide for online shopping portals to purchase beauty care products.

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬 @ https://www.marketresearchfuture.com/reports/hair-color-market-7820

Key Companies in the Hair Color market include
• L'Oréal S.A. (France)
• Kao Corporation (Japan)
• Henkel AG & Co. KGaA (Germany)
• Revlon Inc. (US)
• Coty Inc. (UK)
• Estée Lauder Companies Inc. (US)
• Combe Incorporated (US)
• Hoyu Co. Ltd (Japan)
• Godrej Consumer Products Limited (India)
• Davines S.p.A. (Italy)

𝐇𝐚𝐢𝐫 𝐂𝐨𝐥𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬
𝐉𝐚𝐧𝐮𝐚𝐫𝐲 𝟐𝟎𝟐𝟐:
The renowned Creamy Bubble color line from Liese, Singapore, has been relaunched with innovative virtual experience-connected packaging. The Liese Creamy Bubble Color range includes fashionable colors and natural brown. Alongside the relaunch, three brand-new, contemporary hair coolers-Chiffon Brown, Berry Pink, and Olive Ash-are being released.

𝐉𝐚𝐧𝐮𝐚𝐫𝐲 𝟐𝟎𝟐𝟐:
Women with black hair can choose from two new tones in the Hoyy Co., Ltd. "Beautylabo Whip Hair Color" collection: Mocha Geriage and Grayish Navy. For novices, the foam-like "Beauty Labo Whip Hair Color" is manageable. A mixture of fruit, plant, and honey components is also present. The result is pliable and nourished hair.

𝐑𝐞𝐚𝐝 𝐎𝐮𝐫 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 -
𝐎𝐫𝐠𝐚𝐧𝐢𝐜 𝐇𝐚𝐢𝐫 𝐂𝐨𝐥𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐆𝐥𝐨𝐛𝐚𝐥 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐓𝐢𝐥𝐥 𝟐𝟎𝟐𝟕 -
https://www.marketresearchfuture.com/reports/organic-hair-color-market-5253

𝐇𝐚𝐢𝐫 𝐋𝐨𝐬𝐬 𝐒𝐮𝐩𝐩𝐥𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐆𝐥𝐨𝐛𝐚𝐥 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐓𝐢𝐥𝐥 𝟐𝟎𝟑𝟐 -
https://www.marketresearchfuture.com/reports/hair-loss-supplement-market-18892

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐮𝐬:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America

𝐀𝐛𝐨𝐮𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐅𝐮𝐭𝐮𝐫𝐞:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

This release was published on openPR.