Press release
Black Beauty Market Trends Highlight Increasing Demand for Textured Hair Products
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Black Beauty Market - (By Cosmetics (Face Cosmetic, Eye Cosmetic, Lip Cosmetic, Others), By Facial Skin Care (Facial Moisturizer, Facial Treatment, Eye Skin Care, Others), By Fragrance (Cologne & Perfume, Body Spray, Gift Sets, Others), By Hair Care (Hair Accessories, Conditioner, Styling Products, Others), By HBL (Body Lotion, Eczema & Psoriasis, Others)), Trends, Industry Competition Analysis, Revenue and Forecast To 2034."According to the latest research by InsightAce Analytic, the Global Black Beauty Market is valued at USD 9.2 Bn in 2024, and it is expected to reach USD 31.6 Bn by the year 2034, with a CAGR of 13.2% during the forecast period of 2025-2034.
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The Black beauty market encompasses a wide array of products and services tailored to the distinct needs and preferences of Black consumers. An increasing number of specialized platforms are emerging to provide solutions that address diverse hair textures and specific skincare requirements. Market growth is being supported by continuous advancements in formulation technologies and innovative ingredients designed to target particular concerns, including skin tone-specific treatments and textured hair care.
Companies that prioritize multicultural product portfolios and implement inclusive marketing strategies are witnessing heightened consumer engagement and stronger brand loyalty within this segment. Nevertheless, the high costs associated with premium texturizing agents and sophisticated formulation processes pose significant challenges, particularly in price-sensitive markets. Manufacturers must balance the delivery of high-quality, effective products with affordability, which may limit overall market penetration and constrain expansion opportunities.
List of Prominent Players in the Black Beauty Market:
• SheaMoisture
• Carol's Daughter
• The Mane Choice
• Black Opal Beauty
• Fenty Beauty by Rihanna
• IMAN Cosmetics
• Juvia's Place
• Briogeo Hair Care
• Aunt Jackie's Curls & Coils
• Urban Hydration
• Camille Rose Naturals
• Taliah Waajid Natural Hair Care
• Beauty Bakerie
• Pattern Beauty by Tracee Ellis Ross
• Others
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Market Dynamics:
Drivers:
The Black beauty market is experiencing robust growth, largely driven by the transformative influence of digital platforms, particularly social media, on consumer behavior and contemporary beauty standards. These platforms act as key growth enablers by amplifying diverse representations and directly shaping purchasing decisions. The rapid dissemination of emerging trends and the real-time responsiveness of digital engagement contribute to market dynamism. Notably, product endorsements and tutorials by influential beauty figures frequently trigger significant spikes in consumer demand, underscoring the pivotal role of online channels in driving market expansion.
Challenges:
Despite its growth potential, the Black beauty market faces several operational and structural challenges. Limited consumer awareness, a shortage of skilled professionals, and the absence of standardized industry protocols-particularly in emerging markets with complex regulatory environments-pose obstacles to sustained development. High production costs associated with premium chemical ingredients and energy-intensive manufacturing processes further constrain market expansion.
Additionally, safety concerns related to certain texture-enhancing agents, which may cause adverse reactions such as skin irritation, infections, or rashes, affect consumer confidence. Environmental sustainability challenges, evolving preferences toward mass-market alternatives, and global supply chain disruptions-exacerbated by the COVID-19 pandemic-have also contributed to higher costs and inconsistent raw material availability.
Regional Trends:
North America is projected to maintain its leading share of the global Black beauty market, supported by a strong compound annual growth rate (CAGR) over the forecast period. Key growth drivers include rising disposable incomes, increased demand for premium products, and an expanding demographic of professional female consumers.
The proliferation of specialized beauty salons and niche cosmetic brands further strengthens regional market development. In Europe, consistent market growth is driven by technological advancements in cosmetic formulations, rising consumer purchasing power, and evolving beauty preferences. Enhanced discretionary spending and growing interest in innovative and high-quality beauty products continue to support demand across the region.
Recent Developments:
• In June 2024, Proctor & Gamble and IMAN Cosmetics, Beauty Care, and Aromas established their strategic cooperation. The prestigious brand defied tradition again within the terms of the license and marketing deal, and it is currently offered at major retailers like Amazon, Walmart, Target, Walgreens, and Drugstore Reader.
• In March 2024, Urban Hydration's organic, potent, and reasonably priced beauty and haircare offerings are redefining the industry. These items are currently conveniently available at Amazon, allowing you to update your cosmetic routine. These products are a must-try as they guarantee amazing outcomes.
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Segmentation of Black Beauty Market-
By Cosmetics-
• Face Cosmetic
• Eye Cosmetic
• Lip Cosmetic
• Others
By Facial Skin Care-
• Facial Moisturizer
• Facial Treatment
• Eye Skin Care
• Others
By Fragrance-
• Cologne & Perfume
• Body Spray
• Gift Sets
• Others
By Hair Care-
• Hair Accessories
• Conditioner
• Styling Products
• Others
By HBL-
• Body Lotion
• Eczema & Psoriasis
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/black-beauty-market/2684
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 607 400-7072
Asia: +91 79 72967118
info@insightaceanalytic.com
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