Global Hair Color Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global hair color market in its upcoming report titled, “Global Hair Color Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global hair color market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global hair color market report has been segmented on the basis of product type, composition, use, gender, and region.

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This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Hair colors are cosmetic products that are primarily used to change color of hair. Its main function is to cover the grey hair of individuals, however, currently it is used more for fashionable purposes. Hair coloring can be done at home or professionally at spa or hair salon. Availability of variety of hair colors and continuously changing fashion trends is making consumers more inclined towards its fast growing adoption.

Increasing usage to hair color to cover gray hair is a major factor driving growth of the global market. Increasing fashion awareness, changing fashion trends, and rising disposable income among young population are factors fueling growth of the target market. Increasing number of hair salons and spas is also boosting growth of the global market.  Innovations in hair color production, convenient use, and stain free hair colors are factors expected to further drive growth of the global market.

However, presence of harmful chemicals such as ammonia in hair colors and its negative impact such as over-processing, damaged hair, premature graying, etc. owing to extended usage are major factors expected to hamper growth of the global hair color market.

Development of different range of natural and organic hair colors with elements of conditioning is expected to create high revenue opportunities for target players in the market.

The market in North America accounts for largest market share in terms of revenue and is expected to maintain its dominancy over the forecast period, owing to changing hair color fashion trends and rising popularity for hair colors in countries in the region. The market in Europe is expected to account for second-highest share in the market in terms of revenue over the forecast period, owing to increasing fashion conscious consumers in the region. The market in Asia Pacific is expected to register a significant growth especially in China and India, owing to availability of different types of hair colors and increasing disposable income in these countries.

Global Hair Color Market Segmentation:

Segmentation by product type:

• Powder hair color and hair dye
• Crème form

Segmentation by composition:

• Organic and Natural
• Chemical

Segmentation by use:

• Permanent hair color
• Semi-permanent hair color
• Temporary hair color
• Hair highlights
• Bleach

Segmentation by gender:

• Male
• Female
• Unisex

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa