Press release
Hair Color, Global Market Trends, Growth, Insights 2024
Hair Color, Market Expansion, Global Opportunities, Forecast 2024
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=6950&type=smp
According to The Business Research Company's, The hair color market size has grown rapidly in recent years. It will grow from $23.35 billion in 2023 to $25.8 billion in 2024 at a compound annual growth rate (CAGR) of 10.5%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increased usage of hair color to cover gray hair, increased investments in promotional activities like celebrity endorsements, increased disposable income and innovations in hair color production.
The hair color market size is expected to see rapid growth in the next few years. It will grow to $38.01 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to global population growth and urbanization, increasing number of spa and salon services, increasing mergers and acquisitions, increasing beauty concern and increasing older population. Major trends in the forecast period include offering virtual hair coloring tools for greater customer convenience, focusing on vegan hair colors that are milder, or less harsh chemicals than non-vegan hair dye, leveraging ai-powered hair dye technologies to offer better home hair color options and focusing on to product innovations.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/hair-color-global-market-report
Market Drivers and Trends:
The increase in spa and salon services is expected to propel the growth of the hair color market going forward. An increase in spa and salon services refers to a rise in the number of saloons and spa services across the globe. The saloon and spa services provide customized hair color services to customers to improve their appearance. For example, in January 2022, according to Zolmi, a Poland-based saloon software company, there are over 80,000 salons scattered around the US, providing various beauty services. Their combined yearly revenue is as high as $20 billion and growing. Therefore, the increasing number of Spa and salon services is expected to generate high demand in the hair color market.
Product innovations are the key trend gaining popularity in the hair color market. Major companies operating in the hair color market focus on developing new and innovative hair color products to strengthen their positions. For instance, in 2022, Loreal, a cosmetics and haircare company, launched Copyright. Copyright is a salon stylist-friendly AI-connected hair color system that provides on-demand, personalized hair color. It solves the challenges of getting the correct and consistent color allowing colorists to minimize complications.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Carrier Global Corporation, Bosch Thermotechnology, NIBE Group, Viessmann, Trane, Daikin Industries Ltd, Vaillant Group, Stiebel Eltron, Glen Dimplex, Maritime Geothermal Ltd., Guangdong Shunde O.S.B. Environmental Technology Co. Ltd, Shijiazhuang Industrial Pump Factory Co. Ltd, Xiamen Hysen Control Technology Co. Ltd, First Industrial Development Co. Ltd, Shenzhen E-Joy Tech Co. Ltd, Teccon Services Private Limited, Suntec Energy Systems, Mitsubishi Corporation, Nidec Servo, Yanmar Energy System Co, Enopsol ApS, Go Geothermal Ltd, Argoclima SpA, GT Energy, Kensa Heat Pumps, Tecnoclima Spa, HRS Heat Exchangers Ltd, Thermostahl Srl, Thermocold, KENO Pawel Grzegorczyk, Geo Star, Geothermal Products, Water Furnace International Inc, Miami Heat Pump, Climate Master Inc, Energy Smart Alternatives LLC, Alterra Power Corporation, Pfister Energy, Geo-Air Industries Inc, Geo Smart Energy, Hilliard Corporation, Solar Turbines Incorporated, Solartec SA, Capstone Turbine Corporation, ABO Wind Energias Renovables S.A, Ruf Maschinenbau GmbH & Co. KG, Enel Green Power, SAFARIO Cooling Factory LLC, Osso Ltd, Viessmann Werke GmbH & Co. KG, Roots - Sustainable Agricultural Technologies Ltd, Stellae Energy, Yokogawa South Africa (Pty) Ltd, Generac Power Systems, Mitsubishi Heavy Industries, Cummins Inc.
Hair Color Market 2024 Key Insights:
• The hair color market size is expected to see rapid growth in the next few years. It will grow to $38.01 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%.
• Rising Demand For Hair Color Fueled By Growing Spa And Salon Services Worldwide
• Innovative Hair Color Products Take Center Stage In Growing Market Trend
• North America was the largest region in the hair color market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=6950&type=smp
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: mailto:info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Learn More About The Business Research Company
The Business Research Company ( https://www.thebusinessresearchcompany.com ) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Hair Color, Global Market Trends, Growth, Insights 2024 here
News-ID: 3776284 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Hair
Hair Fixing & Patch Solutions: Say Goodbye to Hair Loss | Hair Vitality Care
Hair loss can be a distressing experience, impacting self-esteem and confidence. Fortunately, advancements in non-surgical hair replacement techniques have made it possible to regain a full head of hair without undergoing invasive procedures. At Hair Vitality Care, we specialize in providing top-notch hair fixing and patch solutions in Bangalore, offering personalized treatments to help you say goodbye to hair loss for good.
Understanding Hair Fixing and Patching
Hair Fixing is a method…
Beffi Dew Befull Hair for Hair Loss Prevention and Hair Growth | JNL
JNL Co., Ltd. is a beauty device manufacturer that specializes in medical beauty devices, fillers, and functional cosmetics. Representing the level of the industry in Korea, JNL's excellence in beauty device technology is widely promoted across the world through the export of beauty devices, exporting its superb products with Cosmeceutical, Beffi Dew AMA Filler, and Home Care Devices.
AMA FILLER BEFFI DEW BEFULL HAIR
Hair filler composition and method of…
Hair Styling Products Market by Trends, Dynamic Innovation in Technology and 202 …
The Global Hair Styling Products market examines existing trends, dynamics, and perspectives, as well as forecasting the market's current state and possible prospects over the forecast period of 2021 to 2027. The report offers in-depth insights into market dynamics to support businesses make improved business decisions and progress growth strategies based on market prospects as well as opportunities. The study is focused on a group review of data gathered from…
Global Hair Extension Market 2017 - Great Lengths, Hair Development, Hair Weavon
The report entitled Global Hair Extension Market 2017 presents key insights into the global Hair Extension market along with the latest up-to-date industry details and forthcoming Hair Extension industry trends, which will assist the readers to focus on product specification and end users driving the overall market revenue and profitability.
Report Keynotes:
The main motive of the report on "Global Hair Extension Market 2017" is to study comprehensive details of the market…
Hair Loss And Weakening Hair Lines
Are you struggling with hair loss or a weakening hair line? Are you a male trying to hide your hair loss with side combs and hair gel? Or are you a female trying to hide her weakening hair line with hair glue, hair extensions and wigs? We know this can often be a difficult subject to talk about because you can often feel embarrassed about it, but there’s no need…
Shabby Hair-Look? Desire A Stylish Hair Do? Destination Advance Hair Extensions …
Feeling low because of your lean hair that looks shabby, unmanageable and tangled? No more to worry as Advance Hair Extensions is here to help you. With a wide variety of genuine human hair to choose from, you can now dare to dream of adding lustrous volume to your hair fast and easily. Advance Hair Extension, London’s leading hair extension expert, is your one stop destination to get the best…
