Hair Color Market: Female Hair Color to Witness Robust Growth

Posted on 2019-05-28 by Mark Hub in Retail // 0 Comments

Rockville, USA, 2019-May-28 — /EPR Network/ — According to the report by Fact.MR, the global hair color market is expected to witness robust growth. The market is estimated to register 9.3% CAGR during the forecast period 2017-2022. Owing to the availability of various hair colors made using the natural or plant-based substance, increasing number of people are applying hair colors. Moreover, regulations on the use of various chemicals in hair colors is also one of the reasons for increasing demand and use of hair color. Following insights show how the global hair color market will perform in the coming years.

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Female Hair Color to Witness Robust Growth

Female hair color compared to male and unisex hair color is likely to experience substantial growth in the global market for hair color. By 2022 end, female hair color is projected to exceed US$ 1,100 million revenue. Meanwhile, male hair color is also likely to gain nearly one-third of the share in terms of the revenue by 2017 end.

Specialty Stores to Emerge as the largest Distribution Channel

Among various distribution channels, specialty stores are likely to emerge as one of the largest distribution channels. Specialty stores are projected to surpass US$ 1,000 million revenue by 2022 end. Meanwhile, sales of hair color through online is also likely to experience healthy growth during 2017-2022.

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Key Highlights on Global Hair Color Market

North America is expected to remain dominant in the global hair color market. By the end of 2022, North America hair color market is estimated to reach nearly US$ 800 million revenue. Owing to the presence of the major brands and rising number of startups providing various types of hair colors along with the at-home services are some of the factors resulting in the significant growth of the hair color market in North America.
Europe is expected to witness impressive growth in the global hair color market. Meanwhile, Asia-Pacific Excluding Japan (APEJ) is also anticipated to witness healthy growth during the forecast period.
Permanent hair color is expected to emerge as the highly preferred hair color product. Permanent hair color is estimated to reach nearly US$ 1,300 million by the end of 2022.

The report also offers a detailed profile of all the leading players in the global market for hair color, which will remain active through 2022. These include companies such as Henkel AG & Co. KGaA, Kao Corporation, L’Oréal S.A, Coty Inc., Avon Products, Inc., Combe Incorporated, Estee Lauder Cos., Inc., Godrej Consumer Products Limited, Shiseido Company, Limited, and Revlon, Inc.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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