Yahoo Finance 
Global Hair Color Market Report to 2032: Major Players Include Coty, L'Oreal, Kao, Avon Products and Revlon
Global Hair Color Market
Dublin, March 16, 2023 (GLOBE NEWSWIRE) -- The "Hair Color Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
This reportprovides strategists, marketers and senior management with the critical information they need to assess the market.
The global hair color market grew from $21.19 billion in 2022 to $23.3 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The hair color market is expected to grow to $32.99 billion in 2027 at a CAGR of 9.1%.
Reasons to Purchase
Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
The hair color market consists of sales of permanent hair color, demi-permanent hair color and semi-permanent hair color. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Hair colors are used to cover grey hairs, restore the original hair color, and change the structure and color of hair. Hair color refers to hair dye to highlight the hairs and improve the overall appearance of the hairs and make them look more appealing. The hair color creates hues that reflect light and make the hair look more vibrant and bouncier.
North America was the largest region in the hair color market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this hair color market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The main types of usages of the hair color market are permanent hair color, semi-permanent hair color, temporary hair color, and hair highlights and bleach. Permanent hair color works by interacting with the natural pigment of the hair and changing the hair's structure. The dyes in permanent hair color are actually tiny colorless molecules. The distribution channels are offline and online. The applications involved are total grey coverage, root touch-up, and highlighting. The various end-users included are male, female, and unisex.
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 instance, In January 2020, according to Zolmi, a saloon software company, there were around 80,000 saloons in the USA, and the salon industry generated revenue of $20 billion with 14.3% ($2.86 billion) retail sales of hair colors. Therefore, an increase in spa and salon services is driving the growth of the hair care market.
Product innovations are the key trend gaining popularity in the hair color market. Major companies operating in the hair color market are focused 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 their complications.
In February 2022, Honasa Consumer, an India-based consumer product manufacturing company, acquired the BBLUNT brand from Godrej Consumer Products Limited (GCPL) for an amount of INR 1.34 billion (USD 0.017 billion). This acquisition will help Hosana Consumers to completely own BBLUN'ts hair care and styling products business to expand their geographical, technological, product, and customer base. BBLUNT is an India-based brand that provides premium hair care, hair color, and styling products.
The countries covered in the hair color market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Major players in the hair color market are Henkel AG and Co. KGaA, Coty Inc., L'Oreal SA, Kao Corporation, Avon Products, Revlon Inc., The Estee Lauder Companies Inc., Godrej Consumer Products Limited, Unilever Group, Combe Incorporated, Conair Corporation, New Avon Co, Procter & Gamble, Shiseido Company Limited, and Hoyu Co. Ltd
Key Attributes:
Report Attribute | Details |
No. of Pages | 200 |
Forecast Period | 2023 - 2027 |
Estimated Market Value (USD) in 2023 | $23.3 billion |
Forecasted Market Value (USD) by 2027 | $32.99 billion |
Compound Annual Growth Rate | 9.1% |
Regions Covered | Global |
Key Topics Covered:
1. Executive Summary
2. Hair Color Market Characteristics
3. Hair Color Market Trends And Strategies
4. Hair Color Market - Macro Economic Scenario
4.1 COVID-19 Impact On Hair Color Market
4.2 Ukraine-Russia War Impact On Hair Color Market
4.3 Impact Of High Inflation On Hair Color Market
5. Hair Color Market Size And Growth
5.1. Global Hair Color Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Hair Color Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Hair Color Market Segmentation
6.1. Global Hair Color Market, Segmentation By Usage, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
Permanent Hair Color
Semi-Permanent Hair Color
Temporary Hair Color
Hair Highlights And Bleach
6.2. Global Hair Color Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
Offline
Online
6.3. Global Hair Color Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
Total Gray Coverage
Touch-Up For Roots
Grays Highlighting
6.4. Global Hair Color Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
Male
Female
Unisex
7. Hair Color Market Regional And Country Analysis
7.1. Global Hair Color Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
7.2. Global Hair Color Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
For more information about this report visit https://www.researchandmarkets.com/r/x1mwh3
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
