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Semi-Permanent Hair Dye Market Rising Trends, Key Leading Players, Trends Analysis, Industry Share And Forecast To 2033
Semi-Permanent Hair Dye Market Rising Trends
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According to The Business Research Company's, The semi-permanent hair dye market size has grown strongly in recent years. It will grow from $20.10 billion in 2023 to $21.59 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to rising fashion trends, increasing consumer demand for temporary color options, the influence of celebrity endorsements, growing preference for less damaging hair products, and shifting consumer attitudes towards experimentation with bold colors.
The semi-permanent hair dye market size is expected to see strong growth in the next few years. It will grow to $29.05 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to growing demand for eco-friendly and natural ingredients, increasing focus on vegan and cruelty-free products, rising popularity of gender-neutral beauty products, expanding e-commerce platforms, and the growing influence of social media-driven beauty trends. Major trends in the forecast period include eco-friendly packaging innovations, the influence of clean beauty movements, the expanding use of temporary color experimentation via influencers, a shift toward vibrant, bold color options, and the influence of subscription-based hair color services.
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Market Drivers and Trends:
The rising demand for hair care products is expected to propel the growth of the semi-permanent hair dye market going forward. Hair care products are specialized formulations designed to clean, condition, style, and protect hair, addressing various hair types and concerns to promote overall health and appearance. The demand for hair care is fueled by a heightened awareness of personal grooming, a desire for self-expression through hairstyles, and the availability of tailored products that address diverse hair needs. Semi-permanent hair dye provides vibrant color options that allow individuals to express their style while maintaining hair health, as these dyes typically contain conditioning agents and do not contain harsh chemicals such as ammonia. For instance, in January 2023, CrodaBeauty, a UK-based cosmetic manufacturing organization, around 26.9% of hair product launches in Europe, the Middle East, and Africa (EMEA) in 2022 included claims related to damaged hair, indicating an 8.6% increase compared to previous years. Furthermore, 23% of consumers prioritize healthy scalp care, which has driven a 41% increase in the launch of scalp care products. Therefore, rising demand for hair care products is driving the growth of the semi-permanent hair dye market.
Major companies operating in the semi-permanent hair dye market are focused on developing innovative products with various colors and customization to meet the growing consumer demand for unique and personalized hair solutions that allow self-expression and creativity in their hair styling choices. Customization of hair colors will enable users to change their hair color without a long-term commitment temporarily. For instance, in May 2024, 2. Oh!, an India-based hair care brand, launched an exclusive line of semi-permanent hair dyes to celebrate Pride Month. This vibrant collection features shades like Aquamarine, Lavender, Pastel Pink, Fuchsia, and Steel Grey. The curated collection encourages self-expression and creativity through hair color, supported by the 'Color Me Happy' campaign, which promotes inclusivity and joy.
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Major Key Players of the Market:
L'Oréal S.A., Kao Corporation, Avon Products Inc., Aveda Corporation, John Paul Mitchell Systems, Schwarzkopf, Garnier LLC, Clairol, Joico, Hoyu America Co. Ltd., Vidal Sassoon, Pravana, XpertBeauty, Kenra Professional, Lime Crime, Tressa, Manic Panic, Naturtint, Splat, Bigen USA, N rage, Oriana, Adore
Semi-Permanent Hair Dye Market 2024 Key Insights:
• The semi-permanent hair dye market size is expected to see strong growth in the next few years. It will grow to $29.05 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%.
• Rising Hair Care Products Demand Fuels Semi-Permanent Hair Dye Market Expansion
• Exploring the Trend of Customized Semi-Permanent Hair Dye
• North America was the largest region in the semi-permanent hair dye market in 2023
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