Hair Color Industry Report by Goldstein Research

Posted on 2018-11-16 by Goldstein Research in Consumer Services // 0 Comments

New York, USA, 2018-Nov-16 — /EPR Network/ —According to Goldstein Research, hair color services are the main driver of the entire salon industry and hair color market growth. Moreover, growing popularity of ‘salon-like hair’ services is accelerating the demand of hair color products across the globe. Further, manufacturers’ sales of permanent hair color grew 3.2%, owing to amplified use in gray blending and fashion color. However, novelty hair color market is experiencing considerable growth in APAC and Latin America region, owing to the growing demand of novelty color over regular colors in the region. Global hair color market outlook also includes product development, marketing strategy and investment strategies adopted by major market players in order to expand their business across the globe. For instance, Crèmes/gels continue to outperform liquid hair color, as usage continues to change.

All major liquids now have crème or gel lines. L’Oréal is the overall frontrunner in hair color sales with its Matrix, Redken, L’Oréal Technique and L’Oréal Professionnel brands.

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Market Segmentation

On the basis of our in-depth analysis, global hair color market can be segmented as follows:

Based on Product Type

Powder Hair Color\Hair Dye
Crème Form

Based on Usage

Permanent hair color
Semi-permanent hair color
Temporary hair color
Hair highlights and bleach

Based on Composition

Organic/Natural/Herbal
Chemical

Based on Distribution Channel

Online Distribution Channel
Offline Distribution Channel

Based on End-User

Women
Men

Based on Geography

North America (U.S. & Canada) Hair Color Market {Market Share (%), Market Size(USD Billion)}
Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Hair Color Market {Market Share (%), Market Size(USD Billion)}
Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden &RoE) Hair Color Market {Market Share (%),
Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Hair Color Market {Market Share (%), Market Size(USD Billion)}
Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Hair Color Market {Market Share (%), Market Size(USD Billion)}

Browse Full Report: https://www.goldsteinresearch.com/report/global-hair-color-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

“Global Hair Color Market Outlook 2024” contains detailed overview of the global hair color market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, by usage, by composition, by distribution channels and by end-users.

Further, for the in-depth analysis, Global Hair Color Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market research report also includes competitive outlook of some of the major players profiling of companies such as L’Oreal, Coty Inc., Kao Corporation, Henkel AG & Company, Godrej Consumer Products, Johnson & Johnson, Revlon, Avon Products and Procter & Gamble. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global hair color industry statistics, trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

Global hair color market is further bifurcated in various segments with separate market analysis mentioned below:

Global Cosmetics Industry

The cosmetics industry is one of those industries which faces the least impact from the economic ups & downs. The perks of e-commerce has not only benefitted the companies but also the consumers in terms of pricing & vast range of options available to them. Moreover, new customers have also been attracted through the online distribution route. Global cosmetics market size is anticipated that by 2025 the market will be valued at nearly at USD 640.0 billion, expected to be growing at a CAGR of 3.90% during the forecast period.

UAE Personal Care Products Market

The UAE showcase solid growth rate globally, overall personal care products industry growth is promising related to historic period. UAE personal care products market to expand at a CAGR of 5.3% during the forecast period 2017-2025. Moreover, the market is projected to reach USD 4.8 Billion by 2025 owing to surging demand for Organic and natural personal care products.

Global Cosmeceuticals Market

Growing popularity of animal friendly products is likely to contribute in the cosmeceuticals market growth during the analysis period. Global cosmeceuticals market size valued USD 43.57 billion in 2016 and is estimated to reach USD 78.29 billion by 2024 growing at a CAGR of 7.60% during the period 2016-2024.

Global Dead Sea Mud Cosmetic Market

The mud and salts extracted from the Dead Sea, the world’s saltiest water body, are extremely beneficial for the skin and hair. Dead Sea mud is rich in minerals like magnesium, Calcium and Potassium, among others. Global Dead Sea mud cosmetics market was valued at USD 1.2 Billion in 2015, and is expected to reach USD 3.2 Billion by the end of 2024. Furthermore, the market is expected to expand at a CAGR of 14.2 % during the forecast period i.e. 2016-2024.

Halal Cosmetics Market

The halal cosmetics do not contain any kind of alcohol, petrochemicals, fatty acids and ingredients that are obtained from the animals like pig. The basic motive behind these products is to provide clean, pure and the products which do not contain any kind of ingredient which is not acceptable by the Islam. Halal cosmetics market accounted for USD 12.6 Billion in 2015 and the market is expected to reach USD 21.4 Billion by the end of 2024. Further, the market is anticipated to expand at a compound annual growth rate of 6.8% over the forecast period i.e. 2016-2024.

UAE Cosmetics Market

Consumers in UAE are highly attracted towards the premium cosmetic products and the growth is also majorly driven by the foreign tourists in the country. Moreover, UAE’s premium cosmetic products market share is anticipated to increase from 48% in 2017 to 50% by 2020. UAE cosmetics market to expand at a CAGR of 5.3% during the forecast period 2017-2025. Moreover, the market is projected to reach USD 4.1 Billion by 2025.

China Cosmetics Market

In present scenario consumers in China tends to get less influenced by the media advertisement & prefer to gather information of a product through various sources. Also, the sense of safety concerns from using chemical based cosmetics is rising among the consumers, which is leading them to incline towards the organic/natural cosmetic products. China cosmetics market is anticipated that by 2025 the market will be valued at nearly at USD 50.4 billion by 2025, expected to be growing at a CAGR of 4.10 % during the forecast period.

Middle East Cosmetics Market

The Middle East showcase solid growth rate globally, overall cosmetic industry growth is promising related to historic period. Middle East cosmetics market to expand at a CAGR of 6.4% during the forecast period 2017-2025. Moreover, the market is projected to reach USD 32.2 Billion by 2025 owing to growing market for natural products, personalized products and services majorly in GCC countries.

Saudi Arabia Cosmetics Market

Saudi Arabia cosmetics market is expected to reach USD 234.5 billion by the end of 2024 from USD 176.4 billion in 2016, growing at a CAGR of 3.6%. Major driving factors in the growth of Saudi Arabia cosmetics market are high disposable income of people in the country and a growing number of working women. Further, a major trend in the Saudi Arabia cosmetics market is the increasing penetration of natural and personalized products in Saudi Arabia region.

About Goldstein Research

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