Hair Color Market by Product, End-user, and Geography - Forecast and Analysis 2021-2025

  • Published: Feb 2021
  • Pages: 120
  • SKU: IRTNTR70032
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The hair color market has the potential to grow by USD 13.75 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 7.79%.

This report provides extensive insights on segmentations by product (permanent, semi-permanent, temporary, and highlights and bleach), end-user (women, men, and unisex), and geography (Europe, North America, APAC, South America, and MEA). The hair color market report also offers information on several market vendors, including Combe Inc., Coty Inc., Henkel AG & Co. KGaA, Kao Corp., New Avon Co., Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Companies Inc., and Unilever Group among others.

Hair Color Market Share

Hair Color Market Size

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Who are the Major Hair Color Market Vendors?

The hair color market analysis report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Combe Inc.
  • Coty Inc.
  • Henkel AG & Co. KGaA
  • Kao Corp.
  • New Avon Co.
  • Revlon Inc.
  • Shiseido Co. Ltd.
  • The Estee Lauder Companies Inc.
  • Unilever Group

 

The hair color market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

This hair color market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Based on our research output, there has been a positive impact on the market growth during the COVID-19 era. The innovation in product formulation and formats is notably driving the hair color market growth, although factors such as limited consumer pool for novelty and premium hair colors in developing countries may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the hair color market industry get your FREE report sample now.

Which are the Key Regions for Hair Color Market?

Hair Color Market Share by Geography

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30% of the market’s growth will originate from Europe during the forecast period. The UK is the key market for hair color in Europe. Market growth in this region will be slower than the growth of the market in other regions.

The expansion of distribution networks and the adoption of multichannel marketing strategies by the vendors will facilitate the hair color market growth in Europe over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Hair Color Market?

Hair Color Market Share by Product

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Vendors in the permanent hair color market segment have been offering innovative formulations to meet customer needs. The hair color market share growth by the segments. For instance, many established brands in the global hair color market are offering hair colors that prevent brassiness in the hair and give complete protection to the hair from the root. Also, many vendors are offering permanent hair colors that are fade-resistant and require minimal color maintenance. These innovations are expected to drive the growth of the permanent hair color market segment during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the hair color market size.

What are the Key Hair Color Market Drivers and Trends?

The leading vendors in the market are focusing on product innovations by bringing about the concept of product differentiation and new product developments. Consumers are at present conscious about their health and outlooks. Therefore, they are seeking a strong substitute for artificial hair colors that have potential ill-effects. Hence, vendors are manufacturing and launching herbal products and hair colors made from natural ingredients. Also, vendors are using many platforms for marketing and related promotional activities, driving the hair color market growth.

This hair color market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on market drivers, trends, and challenges, which will help companies evaluate and develop growth strategies.

Hair Color Market Report

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Key Highlights of the Hair Color Market Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive hair color market growth during the next five years
  • Precise estimation of the hair color market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the hair color industry across Europe, North America, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of hair color market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The hair color market growth will increase by $13750.95 million during 2020-2025.
The hair color market is expected to grow at a CAGR of 7.79% during 2020-2025.
Technavio has segmented the hair color market by product (Permanent, Semi-permanent, Temporary, and Highlights and bleach) ,end user (Women, Men, and Unisex) , and geographic (Europe, North America, APAC, South America, and MEA).
Combe Inc., Coty Inc., Henkel AG & Co. KGaA, Kao Corp., New Avon Co., Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Companies Inc., Unilever Group are a few of the key vendors in the hair color market.
Europe will register the highest growth rate of 30.08% among the other regions. Therefore, the hair color market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the hair color market growth are:
  • Innovation in product formulation and formats
The hair color market vendors should focus on grabbing business opportunities from the permanent segment as it accounted for the largest market share in the base year.
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