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Rising Demand For Hair Color Fueled By Growing Spa And Salon Services Worldwide: The Driving Engine Behind Hair Color Market Evolution in 2025
Hair Color Market
Hair Color Market Size Growth Forecast: What to Expect by 2025?
In recent years, the hair color market has expanded swiftly. It's predicted to escalate from $25.64 billion in 2024 to $28.24 billion in 2025, sustaining a compound annual growth rate (CAGR) of 10.2%. The notable growth within the historical period can be linked to robust economic advancements in developing markets, a surge in the application of hair color to camouflage gray hair, a rise in spending on promotional undertakings such as endorsements from celebrities, a hike in disposable income, and innovative breakthroughs in hair color manufacturing.
How Will the Hair Color Market Size Evolve and Grow by 2029?
The hair dye industry is anticipated to experience swift expansion over the next several years, with its value predicted to reach $42.46 billion by 2029, reflecting a compound annual growth rate (CAGR) of 10.7%. The projected increase during this period can be credited to factors such as population increase and urbanization worldwide, higher utilization of spa and salon services, rise in mergers and acquisitions, growing attention to beauty needs and an aging demographic. Key forward-looking trends encompass the provision of virtual hair color tools for enhanced customer convenience, emphasis on vegan hair color products that are gentler and contain fewer severe chemicals compared to their non-vegan counterparts, exploitation of AI-driven hair color solutions to provide superior home hair dye alternatives, and a strong emphasis on product innovations.
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What Drivers Are Propelling the Growth of Hair Color Market Forward?
The hair color market is set to expand, driven by a surge in spa and salon services. This surge refers to the increase in the existence of salons and spa services worldwide. Salons and spas offer tailored hair color services to lend a fresh touch to the customer's look. For instance, Zolmi, a salon software firm based in Poland, revealed in January 2022 that there are above 80,000 salons dispersed across the US. These salons provide an array of beauty services and collectively generate a staggering $20 billion in annual revenue, a figure that keeps on growing. Consequently, the proliferating number of spa and salon services is anticipated to stimulate a significant demand in the hair color market.
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Which Emerging Trends Are Transforming the Hair Color Market in 2025?
One key trend becoming popular in the hair color industry is product innovation. Leading companies in this market are honing their stance by developing new and inventive hair color products. For example, in 2022, Loreal, a company known for its cosmetics and haircare products, introduced Copyright. This is a hair color system, friendly for salon stylists, integrated with AI, offering customizable, on-demand hair color. It addresses the problem of achieving precise and consistent color, thereby helping colorists to reduce complexities.
What Are the Key Segments in the Hair Color Market?
The hair color market covered in this report is segmented -
1) By Usage: Permanent Hair Color, Semi-Permanent Hair Color, Demi-Permanent Hair Color, Temporary Hair Color, Hair Highlights and Bleach
2) By Distribution Channel: Offline, Online
3) By Application: Total Gray Coverage, Touch-Up For Roots, Grays Highlighting
4) By End-User: Male, Female, Unisex
Subsegments:
1) By Permanent Hair Color: Cream Hair Color, Liquid Hair Color
2) By Semi-Permanent Hair Color: Semi-Permanent Creams, Semi-Permanent Liquids
3) By Demi-Permanent Hair Color: Demi-Permanent Creams, Demi-Permanent Gels
4) By Temporary Hair Color: Hair Chalks, Wash-Out Hair Color Sprays
5) By Hair Highlights And Bleach: Highlighting Kits, Bleaching Powders, Foil Highlights
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Who Are the Key Players Shaping the Hair Color Market's Competitive Landscape?
Major companies operating in the hair color market include L'Oreal SA, Henkel AG and Co. KGaA, Kao Corporation, Godrej Consumer Products Limited, Revlon Inc, The Estee Lauder Companies Inc., Combe Incorporated, Shiseido Company Limited, Mandom Corp, Aveda Corp, Yiwu Olisa Beauty Factory, Guangzhou Hongxinlong Cosmetics Co Ltd, Zhejiang Chenxin Cosmetic Co Ltd, Guangzhou Hair Kou Trading Co Ltd, Guangzhou Dfine Trading Company Ltd, Hoyu Co Ltd, Coty Inc, Avon Products Inc, Unilever PLC, Procter & Gamble, Cosmetica Beauty & Personal Care Equipment Trading LLC, Nazih Cosmetics, LSM Group of Companies, Prime Pro Extreme Middle East, Lila Kozmetik, Sachane Profesyonel Kozmetik Magazasi, Corporate Bureau Ltd, Blaq Hair, Dwinat Company Limited, The Hair Color Company, Evergreen Logistics Co Limited, Spec Sasa Logistics Limited, Kenya & Co Hair Salon.
What Geographic Markets Are Powering Growth in the Hair Color Market?
North America was the largest region in the hair color market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hair color market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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